What you need to know when selling your property in Argentina
This will be the first of a series of articles about selling in different South American Countries
What does COTI means?
The COTI is the ” Real Estate Transfer Code” (“Código de Oferta de Transferencia de Inmuebles”) necessary to sell a property that exceeds $ 300,000 AR in value.
Do I have to obtain the COTI to sell my property?
Yes, if you are an owner and planning to selling your property that exceeds the value of $300.000, then you will have to obtain the COTI
Who must request for the COTI?
The owner / seller of the property
How do I obtain it?
a) On the Web page: www.afip.gov.ar , under the option ” Código de oferta de transferencia de inmuebles ”
b) By telephone(0800-999-2347)
c) Sending a SMS (text message)to the cell phone number 2347 “AFIP”
How much does it cost?
It has no cost to the vendor
Does it expire?
No, the COTI does not expire
Can the notary register without the COTI?
No, its necessary to have the COTI number to register it with a notary
Is it a tax?
No, it’s not a tax. It is an information code
It is possible to modify the COTI of a property?
Yes, it can be modified
Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.
The Gateway Team – When You are Serious About Property
About Marcia Williamson
Marcia is a high achiever. She has lived and worked in Buenos Aires for 18 years in senior positions using her proven skills in project management, sales and marketing. Before that she lived and worked in Brazil for over 5 years. She is a licensed real estate sales associate in Florida, USA, and she brings to GTSA a number of skills that will help clients market and sell their properties in a professional way. She is fluent in English and Spanish, and conversant in Portuguese.