Apartment - Las Grutas Beach Resort
$300,000
About this home
FOR SALE - Apartment Complex – Las Grutas Located in one of the most sought-after areas of the Río Negro coast, just a few meters from the ocean and surrounded by a rapidly growing tourist destination, this exclusive, fully operational apartment complex is now on the market. Strategically located in Las Grutas—one of the most popular destinations in southern Argentina thanks to its warm climate, unique beaches, and large number of visitors year-round—this property represents an excellent opportunity for both investment and immediate tourism operations. Complex Features • Lot measuring 16 x 33 meters • Approximate covered area: 550 m² • 10 apartments built • Approved project for 2 additional units Unit Layout: • 3 studio apartments • 5 two-room apartments • 2 three-room apartments All units feature a private balcony or patio with a grill, offering guests comfort and privacy. Amenities and Services • 10 covered parking spaces • Heated swimming pool • Shared laundry room • Pressurization system with 2 Rowa pumps + backup equipment • Electric generator for motors and parking garage lighting • Water heater in all units • Variable amenities: air conditioning and/or ceiling fans The complex is fully installed and operational, ready to continue operations without the need for initial investment. Investment Opportunity A well-established property with already-approved expansion capacity, located in a constantly growing tourist destination—making it an ideal option for those seeking immediate returns and long-term growth potential. Important Note All information and measurements published on this website are approximate and must be verified with the relevant documentation; they do not constitute a contractual commitment on the part of our real estate agency, its staff, or its professionals. The expenses (maintenance fees) listed are based on the information gathered and must be confirmed in a timely manner. The photographs and measurements are neither binding nor contractual. TO IDENTIFY THE PROPERTY, PLEASE NOTE THAT IT HAS THE CODE Comp-LasGrutas200RN. IF YOU CONTACT US, PLEASE ASK FOR Mauricio Plano FOR BETTER SERVICE. LEGAL INFORMATION: 1) All real estate transactions are brokered and concluded by licensed real estate agents: Leandro Elías Sfeir (License No. 489, CMyCPN) – Leo Sfeir (License No. 658, CMyCPN) – Oscar Rodríguez (License No. 662, CMyCPN) - Mariana Villar, CMyCPN No. 263 - Monserrat Juri Max, Nqn No. 800 and more than 20 auctioneers associated with this real estate coworking space, in compliance with current laws governing real estate brokerage, National Law 25,028, Law 22,802 on Fair Trading, Law 24,240 on Consumer Protection, the provisions of the National Civil and Commercial Code, and the Constitution. 2) Listings on real estate portals not affiliated with this company are not updated regularly; therefore, we are not responsible for the information provided. Please inquire about availability, prices, and terms. The photos and measurements are for illustrative purposes only. Please request exact measurements and updated photos before proceeding with any transaction.
Buying in Argentina as a foreigner
Yes, foreigners can buy property in Argentina.
The most important restrictions concern rural land, properties containing or bordering significant bodies of water and properties located within border security zones.
- Near coasts and borders
- Argentina does not have a coastal restricted zone equivalent to Mexico's. To preserve a common schema, this field groups areas subject to special rules: rural land, border security zones and certain properties involving significant permanent bodies of water.
- Residency
- Property ownership does not automatically grant residency. You must prove recurring income (Rentista Visa).
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers may be limited and depends on the lender, residency, documented income, financial history, currency, down payment and property type.
How buying works
Obtain tax identification
Obtain a CUIT or CDI as applicable and prepare passport, powers of attorney, translations and source-of-funds documentation.
Legal due diligence
Review title, ownership, seller restrictions, liens, debts, cadastral status, condominium rules and the seller's legal standing.
Check special restrictions
Determine whether the property is rural, located within a border security zone or contains or borders bodies of water subject to restrictions.
Reservation, contract and deed
Define price, currency, deposit, conditions and timelines; then execute the deed and register it.
This information is general and educational. Rules concerning purchases, taxes, rural land, security zones and registration may change or be interpreted differently by jurisdiction. They should be confirmed with a notary, attorney, accountant or other authorized professional. Research last reviewed July 2026.
Nearby Essentials
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$300,000
