In today’s Argentina, talking about your own home seems like an increasingly distant dream. Without affordable mortgage credit, dollarized prices and income in pesos, many feel that they are destined to rent for life. YesHowever, after accompanying more than 4,000 families to become owners, I learned something key: it is not about waiting for the perfect moment, but about designing the right strategy.
That strategy exists, and I call it bridge property. One of the most common mistakes when thinking about buying a home is to aim directly for the “definitive” property: the ideal, spacious apartment, in the perfect area, with amenities, garages and all the dream details. The problem is simple: it is not enough for us. And the result too: postpone the decision, renew the contract and continue spending on moves, commissions and deposits. It’s what I call the “continuous rental cycle,” a vicious cycle that consumes time and savings. The Puente Property proposes to break that cycle. It is a realistic and phased plan whose objective is clear: stop renting as soon as possible and become an owner. It is not a theory or an empty promise; More than a thousand families have already achieved it by applying this strategy.
What does it consist of? In acquiring an intermediate property, much more adjusted to current possibilities. It may be a smaller apartment (bless the studio apartments), in a slightly more remote area (bless the emerging neighborhoods) and with fewer amenities than the dream house (bless the SUM and the grill, the only amenities really necessary).
The bridge property is not the final destination, but it meets
-Gives own roof.three essential functions:
-Allows capitalize.
-Create a base for project the next step.
Once that first step is achieved, the rent expense disappears and the owner’s virtuous circle begins: the money begins to generate its own value and opens the door to future improvements or the purchase of a second property. Even, The process can be accelerated by making smart improvements that increase the value of the initial property.
In Argentina, this strategy works especially well with “downstream” departments, for two reasons: they are more flexible and have lower transactional costs. The flexibility lies in the fact that the buyer can move between units more easily if the developer follows this logic. And transactional costs—fees, taxes and administrative expenses—are typically reduced by up to 70% compared to a finished property..
The main obstacle, however, is not financial but cultural. Many continue to see the purchase of a home as a unique and unrepeatable moment, when in reality it should be thought of as a process in stages.
The bridge property proposes just that: a staggered, predictable and safe path to the dream home. Because between waiting for a miracle and designing an intelligent strategy, The second will always be better.
*Director of Spazios and author of the book “How to be an owner in Argentina and not die trying”
by Juan Manuel Tapiola
