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Crisis in Tourist Accommodation: Owners Migrate to Permanent Rent, Which Would Lead to Lower Prices
Summary by diariosanrafael.com.ar
1 Articles
1 Articles
The real estate sector of Mendoza experiences a change of trend driven by the lower return of receptive tourism. Jorge Altamirano, vice president of the Inmobiliario College of Mendoza, confirmed that the owners of tourist complexes and cabins are migrating their investments from temporary rent to traditional rent or, directly, to the sale with discounts of up to 30%, generating an oversupply that presses down the prices in the market of permane…
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