Mainline Security Estate Management manages many luxury Buenos Aires apartments and houses throughout the city and province.
With the permission of certain owners we intend to give our readers a few examples of properties we manage to demonstrate how property management, property marketing and internet property marketing services benefit our property owner clients.
In earlier articles, we wrote about our property management solutions, turning a property into a business and making property owners money without the hassles. If you have not read our earlier property management articles, we list them below for your convenience:
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Buenos Aires Property Management
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Property Investment Costs & Returns
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Property Investment – Why Argentina?
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Buying Real Estate Buenos Aires Argentina
Recently, we took over the management of one of the most prestigious apartments in Buenos Aires City, the 14th floor apartment Edificio Kavanagh. An apartment that is available for both rental and sale.
Over 800 square meters of luxury living at Plaza San Martin
The “Luxury Lord”, Alain Levenfiche, asked us to both value and sell his Buenos Aires real estate whilst the market swings upwards and support our valuation by turning his properties into a ‘business’.
The 14th floor Edificio Kavanagh – a fantastic home and investment property.
We valued the property at USD $4,500,000. Our valuation is lower than the original asking price widely published when selling was not Alain’s main goal.
In addition, we increased the rent substantially to USD $995 a night and started to build in value added services such as a concierge, personal assistant, business and security services 24/7, tours and domestic staff provided by Buenos Aires Experience.
Alain’s apartment presents both vacationers and business travelers with a real alternative to more expensive five star hotel suites that without a doubt cannot afford discerning clients the privacy and security achieved at the 14th floor apartment Edificio Kavanagh.
The best 360 degree views in Buenos Aires from three terraces.
In addition, there is so much space (over 600SQM covered and over 200SQM of terraces), comfort and value for money. Where else in the world can ten guests stay at a city’s sassiest and most sumptuous apartment for under two hundred bucks a room each night.
Plaza San Martin and the Buenos Aires City skyline at night.
Alain felt confident that Mainline Security Estate Management’s approach to both property management and property marketing would help sell his unique investment properties in Argentina.
Since instructed, our team has not been idle, Buenos Aires most prestigious apartment is available for both rental and sale via many Argentine and international companies in the real estate sector and vertical markets such as travel, tours and corporate hospitality.
We are pleased to report that rental income from a standing start is averaging USD$15, 800 each month. However, it is early days and our target is USD $20,000 a month.
We expect rental income to increase as the international travel market improves and the promotion of the apartment, which includes press relations, direct B2B marketing, internet property marketing and advertising start to drive more and more traffic to our various websites and lateral businesses begin referring clients.
Alain Levenfiche recently wrote us an email and permitted us to quote him, “Your hard work approach and dynamism reminds me of my heydays in the UK property sector. You people have been a breath of fresh air, you are the real deal, you do exactly what is written on the packet and it has been exciting to work with you. In two short months, you have made my properties a viable investment for any canny investor. As you know, I intend to retire and I am very pleased that you are now managing and overseeing both sales and rental management of my properties in Argentina.”
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