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Shale Detona Boom Real Estate in Vaca Muerta
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The energy sector is undergoing a historic boom driven by the development of Vaca Muerta, which is already emerging as one of the main engines of the Argentine economy. With investments projected for more than US$ 130 billion over the next five years and a constantly growing production, the impact is already moving to the entire value chain: from infrastructure to the real estate market.In this context, the Neucan town of Añelo is transformed in…
As oil, gas and infrastructure projects multiply in Argentina, many of them under the Big Investment Incentive Regime (RIGI), the real estate demand in Vaca Muerta accelerates and sustains levels of profitability that exceed those of the City of Buenos Aires.Today, the projects linked to the industry already record returns of between 9% and 12% per year in dollars. In CABA, instead, the gross income of residential rent is around 5.3% per year an…
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