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GTSA – Staff News Update. Expanding into the Cordoba Region

GTSA – Staff News Update.  Expanding into the Cordoba Region

For those who dont know much about this part of Argentina here is some basic details.

Córdoba city is located near the geographical center of Argentina 700 km northwest of Buenos Aires and is the capital of Córdoba Province. It is the second largest city in Argentina after Buenos Aires with 1.4 million inhabitants. It was founded in 1573. The Universidad Nacional de Córdoba is the oldest university in Argentina. founded in 1613 by the Jesuit Order. The entire province is full of Jesuits ruins with many of those has being declared of Human interest by UNESCO. Having a Internationally important University means that accommodation is a premium giving many opportunites for the investor. #adp02

The climate of the city of Córdoba, as that of most of the province, is moderated by the altitude starting around 530 m. In January, the hottest month of the austral summer, the average maximum is of 31 °C and the minimum of 17 °C. In July, the coldest month of the year, the average temperatures are between 19 °C and 3 °C. In winter it is very frequent that temperatures rises up to 30°C, due to the influence of the wind Zonda.

The Cordoba Mountains are unique so during summer capture a big percentage of the in-country tourism market. The largest resorts are Carlos Paz and Valle de Traslasierra (Mina Clavero y Nono).

Waves of immigrants from European countries arrived in the late 19th and early 20th centuries. The main contributors were Spain, Italy, France, Eastern European nations such as Croatia, Poland, Hungary, Russia, Romania, Ukraine and the Balkans (especially Greece, Serbia and Montenegro), Switzerland, Germany, the United Kingdom and Ireland, and Scandinavia (especially Sweden). By the 1910s, 43 percent of the city population was non-native Argentine after immigration rates peaked.

The city is served by the nation’s third largest airport Ingeniero Ambrosio L.V. Taravella International Airport which has daily flights to most important destinations.

It is the technological centre of Argentina. The Argentinian spaceport (Centro Espacial Teófilo Tabanera), where satellites are being developed and operated for CONAE, is located in the suburb of Falda del Carmen. The software and electronic industries are advancing and becoming significant exporters; among the leading local employers in the sector are Motorola, Vates, Intel, Electronic Data Systems, and Santex América plus many others.

It has an important automobile industry with companies such as VW, Renault  Fiat / Iveco all being represented.

Well known areas include La Cumbre with a large British upper class community. Villa General Belgrano a large German community famous for its version of the Oktober Fest and Jesus María another weathly area due to agriculture where they celebrate the Festival de Doma y Folklore for the last 50 years.

Due it pleasant climate and rich fertile soils there is  strong rural investment ( many important dairy farms ) and sporting ( polo and golf ) activilties that is particularly appealing to europeans looking for a kinder lifestyle than is available in europe. It is no coinsidence that some of Argentinas top sports heros come from this region. It is to satisfy this demand that GTSA has expanded into this region.

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About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone communities of Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate services. Founded by Geoffrey McRae a New Zealander who maintains an active role in the business it has developed into an International team that has a well-deserved reputation for strong local knowledge, experience and professionalism. I hope you enjoy reading our news site. Please share it on your social media below.

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