Whitewashing for construction: what are the properties to invest in

Starting with the second round of construction money laundering, businessmen in the sector are set to capture the largest amount of funds to revive the business.

In this sense, below the slogan “move your savings”the Business Chamber of Urban Developers (ECHR) has launched a website that includes information on specific projects registered with the AFIP of the members of the chamber and also instructions, frequently asked questions and documents necessary to clarify how the operation is carried out.

“In the last week visits tripled to the ECHR website; people are looking for information. For this reason, we have developed this specific site with the aim of making it a reference as a reference source, concentrating all the technical information on bleaching and suitable developments”, Explains Mali Vázquez, institutional director of the ECHR.

On this specific site on money laundering you will find the description, contact and COPI number (the real estate project registration code) of more than 50 projects of the members of the ECHR. There are also corresponding terms and rates; the laws and decrees of the Official Gazette available for download and, in the near future, will also contain the instructions, highlighted in the body.

According to Damián Tabakman, president of the ECHR, “in order to grow, Argentina needs to drive investments, to create jobs, so that the drive to demand is genuine and sustainable over time. And our business is ideal for these purposes: real estate investing has always been a form of long-term savings for medium sectors “, highlighted the manager.

For this reason, he concluded, “the Housing Commission, made up of Camarco (the Chamber of Construction), Uocra, AEV and the ECtHR, we take care of illustrating the operation and disseminating it”.

These are some of the projects in which the declared money can be invested. The complete list (of the companies associated with the chamber) is available on the ECHR website:

Cubero Rubio: AER Amenabar. The company is located in the Belgrano district, in Amenábar street 837, between Teodoro García and Palpa. Values ​​start at $ 101,923.

Farallon: San Geronimo. This is a real estate project under construction in Pilar, on Route 8, 1,000 meters from the Pan-American highway. Values ​​start at $ 61,000.

Consultation: Huergo 475, CABA. It is a 38-story tower facing Puerto Madero Pier 2. It has one, two and three bedroom apartments, units available starting at US $ 114,900. It is paid with an advance of 30% in dollars and 30 installments adjusted by CAC index or dollars. The building is expected to be delivered in 2024.

NorthBaires: OM Palermo, Jorge Newbery and Álvarez Thomas Avenue, CABA. A 10-story double-entry building has one to three bedroom apartments ranging in value from US $ 77,000.

Azcuy: In Caballito, the developer has five projects available for purchase with laundered money. Between them, Water Woman, Viale Juan B. Alberti in 1800; Flower Woman, Viale Pedro Goyena in 1700; donna magna, Directory Avenue at 200; Reggia womanAvenue directory at 400 e woman lifeAvenida Directory at 500. In all projects, prices start at US $ 2,300 per m2 with a 30% down payment and installments during the project.

Brody Friedman: Velvet Casa Campos, via Luis María Campos at 1300, in Belgrano. It will be delivered in December of this year. The units are 3 and 4 bedrooms for a price between US $ 340,000 and US $ 850,000.

G&D Developers: Meet Palermo. They are units of 1, 2 and 3 rooms with rooms available. Unit options with private terrace. Services: terrace with solarium, barbecue and bicycle racks. Prices start at US $ 2,350 per m2. There are studios for US $ 70,000

Methane. Harbor Tower: designed by the prestigious architect Carlos Ott, who sought to change the skyline of Puerto Madero. In this luxury tower, values ​​start at US $ 349,000

Klover Group: eThe Klover Plaza project includes 1 to 5 bedroom units with balcony, terrace, barbecue and covered garage in the basement, in the heart of the Barrio Parque Bernal. Prices start at US $ 66,000.

Although in real estate they point out that it is difficult to quantify the extent of money laundering, some dare to calculate that between $ 4,000 and $ 5,000 million could be declared in housing and office construction jobs.

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