A new devaluation could shake the exchange rate in Argentina. The official dollar has increased by nearly 20% so far this year, however inflation and monetary emission accumulate a variation of 65% in 2024.
The question that arises is: Could the exchange rate delay lead to a new devaluation? How could this affect the pockets of Argentine savers? According to the April Market Expectations Survey (REM) released by the Central Bank of the Argentine Republic (BCRA), the US currency would reach $1,500 at the close of this fiscal year.
If this were to happen, investments in pesos that offer returns in dollars would maximize their utility and, even more so, those whose value is backed by real assets quoted in that currency. This is the case with real estate. Currently, you can invest in properties from only AR$100,000 using Crowdiumthe platform that has led this segment since 2015.
On their website they merge finance and real estate businesses through technology. Crowdium matches small and medium-sized savers with pre-selected real estate investment projects based on their probability of success. Using collective financing, with its more than 170 thousand users, the site funded more than 24 million dollars.
Today, the last few days are passing to invest in SLS Pilar II, a portfolio that exceeds 98% of the funding necessary to close. Projecting a total profitability of the 28% in dollars with guaranteed exit in 24 months. In addition, the investor will receive an advance income equivalent to 6% per year from the beginning of the well. It will be distributed quarterly, with the first payment equivalent to 1.5% in dollars in August 2024.
It is the most important elite development in the northern area, this complex is part of the international line SLS, Residences & Suites that is found in the most exclusive destinations throughout the world. To carry out this proposal, the brand called on the most prestigious players in the market, Barza Real Estate, Riva, JB Arquitectos, Ennismore, Accor and Crowdium, Investment Crowdfunding.
From the platform they highlight that the only conditions that reinforce the solidity of this project are legal security and the assured sale of the units. The Private Trust structure protects the funds that are managed by a fiduciary external to the company and registered with the National Securities Commission (CNV). At the same time, it offers return assured by contractthanks to the buyback agreed with the same developer at the end of the project.
How to invest
To participate, interested parties only need to create a free account In Crowdium, select SLS Pillar II and choose an investment amount that fits your goals. All investments on the platform remain dollarized, allowing you to take advantage of the advantages of investing in dollars and protect yourself from the volatility of the local market.
This unique opportunity is for those who seek to combine quality, security and profitability, improving the concept of real estate investment and providing liquidity in a luxury project that is all the rage in Beverly Hills, Dubai, Miami, Cancún and Puerto Madero, which is now expanding Pilar.
For more information and to start investing, visit Crowdium’s website or contact their customer service team at 0800-220-2769 (CROW) or WhatsApp at +54 11 2240-4746
Source: Ambito