Despite the instability, why 2023 will be a good year to invest “in bricks”

In recent years making investments that are profitable and safe has become a challenge, this not only happens in our country, it is a trend that is spreading to the entire planet.

In Argentina it has always been said that the best investment is in “bricks”, this is something that we have been hearing for decades and that is transmitted from generation to generation. I have no doubt that It is closely related to European roots. that we have where “the roof” of our own was the first thing that our relatives aspired to when they first set foot in this part of South America.

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Leaving aside the history of this popular belief and leveraging on data, Today is showing us that today a property is the most profitable and safe investment.

We have been observing andin recent years que In addition to the properties Other options that are being considered when looking for profitability are three:

  • the stock market
  • Deposits in fixed terms in dollars
  • Cryptocurrencies.

How did it go for those who invested in each item?

If we analyze each one, we see the following phenomenon:

1) people who invested in the stock market in general did not have a good 2022, taking the main index such as the S&P500 (group of the 500 largest companies listed on the United States stock exchanges) during the year that passed just one gain of 3.6%.

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2) If we go to Fixed Terms in Dollars in our country, today the best return that a private bank is giving is %5 in dollars in 365 days.

3) Finally, in the world of cryptocurrencies -in addition to the volatility of this type of investment- if we take into account the best known, Bitcoin, we see that in January 2022 it began trading at $3,900 per Bitcoin and closed the year at $2,900 each unit. A very big loss for everyone who bet on this coin.

What real estate investments offer

Faced with these options that we saw previously, real estate investments have the following characteristics that determined them to be the number one option for this 2023.

– Higher returns: the purchase of an apartment in a well, in a medium-sized building, with a construction term of 24 months, can leave from 10% in dollars.
– Safer and simpler investment than the rest: it is not necessary to be a specialist to join a project.
– It is a tangible good: it can be disposed of (rented or inhabited)
– Own choice to leave the business: compared to other investments where there is a certain time in which you must remain.
– It can be used as collateral.
– Possibility of inheriting.

During this 2023, despite the instability of our economy and the election year that we are going through, who enters entrepreneurshipwhether it be apartments in wells, subdivisions or housing complexes, and do it with developers with verifiable experience, I have no doubts that you will get much higher dividends compared to other types of investments.

* Remax Roble real estate broker

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