InvestProperty Group Completes Closing On Its Flagship Property In Buenos Aires, Argentina

02.06.2007

February 6, 2007 — InvestProperty Group has successfully completed its final closing for the purchase of its flagship property located at 1647 Montevideo, in Buenos Aires, Argentina. The stately 5-story mansion is located on a lovely tree-lined street in Recoleta the most desirable neighborhood in Buenos Aires. Originally built in 1912, the property is in the heart of the embassy and luxury hotel district. Gerhard Heusch, the property’s architect partner, has finalized plans for the development of the premium-luxury boutique hotel including an exclusive classic French restaurant designed and directed in conjunction with our partner and master chef Jean-Jacques Carquillat. This certainly may prove to be the best French restaurant in Buenos Aires. Scott L. Mathis, Founder and President said, " Since we initially contracted the property and locked in the purchase price, the price of real estate in Buenos Aires has been booming. Construction is scheduled to start on February 8, 2007 with the grand opening in the first quarter of 2008.”

Algodon Mansion
Algodon Wine Estates
Algodon Group
Chateau
  • Relais & Châteaux
  • Château de Messey
  • Wine Chateau
  • The Daily Meal
  • Schiahorn AG
  • Condor Wines
  • The Wine Advocate
  • Decanter
  • Marcelo Pelleriti Wines
  • Wines of Argentina
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Vinandino 2013 (Wine)
  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • 2013 International Wine & Spirit Competition (Wine)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • VINUS 2013 (wine)
  • International Wine Challenge U.K.
  • Finger Lakes International Wine Competition (Wine)