In that sense, we have a territorial area in which they will be placed primarily and install large -scale industries linked to the schist oil deposit (shale oil) and lutita gas (Shale gas), but, in addition, and simultaneously, real estate projects will proliferate in an exponential way in order to provide habitability to all those or families who, due to their relationship or business or work relationship with the basin, will develop some type of activity.
That is, on the one hand, we will have an eminently industrial territory or jurisdiction that stands in Añelo (province of Neuquén) and, on the other hand, a territory or jurisdiction that we could call residential (El Chañar and also corner of Los Sauces, province of Neuquén) that will crowd those – as we said – have or will have some role related to the basin.
That is, the investment – clearly – is not only projected in regard to industrial development but also (and with a lot of intensity) in the formation of residences, housing complexes, and other types or category of real estate ventures that it will demand – also – a large investment flow.
In our consultant we are already advising – among other issues related to the ecosystem “Vaca Muerta – to investors that – of course – see a great business opportunity in Real Estate.
This accompaniment has an initial stage in which together with the client, entrepreneur, investor or group of investors we enter the analysis of the business model, its financial structure, aspects related to marketing, and – of course – in the planning or legal modeling of the project in question.
These investors or group of investors (large, medium or small) do not necessarily have experience or come from the real estate business sector, but rather – on the contrary – they are entrepreneurs or non -entrepreneurs who want to or want to diversify the risk and bet on an activity that differs from the one they usually develop. That is, real estate investment in this regard is foreign or strange to its main, commercial, or professional business activity.
Taking these profiles into account, we often fall into the conclusion that the best legal tool for the development and execution of these projects is the constitution of a trust, which can be, of the real estate or administration type.
Why is the trust is presented as one of the most attractive legal figures for this category of real estate projects? For a great and simple reason: the legal security or guarantee that it provides to all the protagonists who are involved.
Without entering legal technicalities, it is important to emphasize that the main purpose of the constitution of fiduciary funds is the generation of a heritage that will feed on contributions (properties, real estate, money, among others) that will be pure and exclusively affected and separated from the business, personal or commercial risks of developers, investors, etc.
These aspects, obviously, provide security and tranquility to all those who wish to invest in these real estate projects either to generate a profitability or, simply, to acquire a property (which will be their personal or family home) in economic and financial conditions that are favorable.
In short, it is possible to invest in the “Muerta Vaca” ecosystem in projects that are not necessarily industrial and, always, with the necessary legal caution.
Contact data:
Web: www.estudiocastellet.com
Tel: +54 9 11 4149-1771
E-mail: [email protected]
Instagram: Consultant.CASTELLET
Martín Castellet
Lawyer, entrepreneur and head of Castellet consultant. Specialist in corporate law and development of investment projects. Founder of Legal Partners and Comprehensive Business Consultant.
