Argentina » The Purchase Process

There are few steps required for purchasing a property in Argentina:

 Seller must obtain a domain certificate and a personal inhibition certificate; it took 14 days to complete the real property registry. The cost to complete is 42 ARS for Domain certificate and 72 ARS for Personal Inhibition certificate.

Offer: stating price, closing date, name of notary public selected and special conditions. Accompanied by a strong binder which should be returned doubled if the owner backed out of the deal before closing date.

Boleto: It is a mediator step, usually taking place within the first fifteen days following acceptance of an offer, allowing owners to receive between 30 and 50% of the purchase price and, thus, enabling seller to secure a replacement property for the one to be sold.

Escritura: The actual closing date where all parties get together to sign the official transfer of deed. When buyer and seller go straight to Escritura, 100% of the proceeds are delivered at the time or a transfer to a foreign bank account is set up and verified at a second meeting. It is important to note that the payment required for the escritura is not required to be made in pesos. In fact, most owners will only accept US dollar bills or transfers to their accounts held abroad.

International Property Brokers will oversee on your behalf the whole legal and purchase process.