What property can you buy abroad for 1 million Euros?
Submitted by Robert Kahn on Tue, 05/20/2008 - 10:32.
Europeans who want to buy Villa, should forget about the French Cote d'Azur and benefit from Buenos Aires in Argentina, advises the French edition LeFigaro.fr.
In the Argentinian capital those who have 1 million euro could buy a French style house on an area of 353 square meters in the classy Palermo Chico neighborhood. Each of the three bedrooms has a bathroom and a toilet, and even Jacuzzi in the primary and the biggest room. On the top floor there is a room for film screenings, sauna and a large terrace.
This is one of the many houses, designed for customers who shop in euros and spend solid sums. Similar houses you can buy in Sydney, Australia, Phuket in Thailand, Cape in Southern Africa and also in New York, Canada and Dubai.
This is explained by the fact that at the end of the last year, the Euro reached new peaks, on the background of the other major currencies. And as a result of the stagnating property market, observed worldwide, buyers have been thinking of going too far, if one disposes of one million euros.
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