Buenos Aires, Argentina
2 bedrooms
sq. ft.
There is independe between the sq. ft. price in Argentina and the return generated on Airbnb. We analize over 2,000 per month screening for their potential and predicting their returns.
Buenos Aires properties are currently underpriced. We select high performing short term rentals that can outperform Airbnb competitors.
Special studio apartment for tourists with swimming pool, gym, balconies and space for kitchen. Construction materials and finishes are of first quality both in sight and in the facilities of the building. Refurbished for Airbnb, with digital code from security at the entrance, personalized mailboxes for keys. The building has other amenities: sum, grill, solarium, laundry and gourmet room to receive and cook with friends and guests.
To have over-sold properties on Airbnb we must modify the units, particularly the bathroom space. To minimize claim due to the carelessness of tourists who do not know the facilities. Security modifications in all departments.
The time needed to start renting the apartment on Airbnb is variable and can depend on several factors, this includes the furnishing and the renovations that we carry out in each unit. Historically the average the time to start serving tourists has been 45 days and has ranged from a minimum of 14 days to more than 90 days.
After 5 months of starting activities, the monthly occupancy stabilizes at 25 nights per month using the Housie administration system.
IRR 11.1 %
Dividends
Yields of similar properties over the past 40 years.
Residential and restaurant area, the preferred neighborhood for tourists in Argentina. It is a modern and cosmopolitan area of Buenos Aires. It stands for its gastronomic pole, design and renowned premises. Very close to Santa Fe Avenue, with easy access to transportation: metrobus and subway.
Abroadster gives investors the opportunity to access vacation rentals as an asset class. Historically, vacation rentals have been an illiquid asset class - a vacation rental investor would have to sell their entire property to a prospective buyer. Generally, investors viewed this favorably as real estate returns are maximized when held as a long-term investment, and rental income is insulated from behavioral investing tendencies as seen in the public markets.
With that said, investors may occasionally seek liquidity for their Abroadster property interests prior to the property's expected holding period.
Abroadster plans to offer investors liquidity through a secondary market in the future. If a secondary market were to open, investors would have the chance to sell their shares, subject to liquidity and compliance with the transfer restrictions described in our Operating Agreement or Offering Circular. There is no liquidity at this time for Here property interests.
Any payouts will be deposited directly to your Abroadster account. If the property generates sufficient funds to make cash distributions, you will receive your pro-rata distribution quarterly within 45 to 60 days of the start of a new quarter. You can view the expected first payout date for each Abroadster property on the property's Offering page.
On each payment date, an investor will receive their pro-rata share of booking income after deducting expenses, such as property management fees, asset management fees, property taxes, insurance costs, repair costs, any HOA fees, reserves for liabilities and contingencies (for example expected capital expenditures), and any other costs and expenses based on the investor’s percentage ownership.
There may be periods where a payout is not possible if the cash needed to fund costs plus cash reserves for liabilities and contingencies is greater than the rental income.
Investors select a Abroadster property and acquire fractional interests that represent an indirect ownership interest in that property. The investment is designed to deliver passive income without management responsibilities.
Once Abroadster accepts your investment and your funds are transferred, you will be entitled to receive quarterly payouts derived from booking income (rents minus fees, expenses, and additional reserve allocations) generated by the property, while House handles operational responsibilities.
We co-invest in each property funded through our platform
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From time to time, the issuer may undertake "testing the waters" for additional series of securities to be offered pursuant to Regulation CF. For offering that have not yet been qualified, no money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.
A post-qualification amendment to the offering statement ("PQA") regarding this offering has been filed with the SEC. You may obtain a copy of the preliminary offering circular that is part of that PQA here.
The issuer is not under any obligation to make an offering under Regulation CF. It may choose to make an offering to some, but not all, of the people who indicate an interest in investing in a Series, and that offering might not be made under Regulation CF.
Potential investors should not rely on any forward-looking statements regarding any investment opportunity, which is based on our beliefs and information currently available to us. The words “anticipate,” “believe,” “expect,” “aim,” “potential,” “design,” “target,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “projection,” “should,” “will,” “would,” “result” and similar expressions identify forward-looking statements. Such statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control. These risks could result in the loss of your investment. See the offering materials for detailed information.
The information contained in this document, presentation and other marketing materials related to this project (the “information”) is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. We advise all parties to do their own research and obtain independent financial, legal, and professional advice before marking any investment and business decisions. Your personal individual financial circumstances must be taken into account before you make any investment decision.
The securities herein offered by this issuer as herein above mentioned are highly speculative, investing in such securities involves significant risk, including possible loss of the principal amount of investment.
