SERVICES
Access, structure
and execution.
High-conviction real estate opportunities in frontier markets, with a current focus on Buenos Aires, Argentina.
OUR ROLE
Originating opportunity.
Creating optionality.
Spadafora Capital provides access to high-conviction real estate investment opportunities in frontier markets. Our role is to originate, structure, and curate opportunities that combine early entry pricing, multiple exit strategies, and strong upside potential.
INVESTMENT OPPORTUNITIES
Land-to-permit
arbitrage
We source and present a pipeline of early-stage development opportunities. Investors enter at the land stage, unlock value through the permitting process, and can exit at different points depending on their strategy.
The core mechanics
Acquire land at a discount to future built value
Obtain permits within a relatively short timeframe (around 9 months)
Create value through approvals and pre-sales rather than construction risk
Exit or roll capital at multiple stages
Investor exit strategies
Exit early at permit stage with an expected uplift
Sell off-plan during pre-construction
Hold to completion and benefit from full market value and appreciation
Retain units for rental income
This is a repeatable, capital-efficient strategy built on timing, execution, and access to off-market opportunities, supported by experienced local developers with a strong track record.
DIRECT PROPERTY ACQUISITIONS
Property at
the right basis.
Investors can acquire off-plan apartments at developer pricing or purchase completed, income-producing units.
Buenos Aires offers a unique entry point today, with high-quality assets trading below replacement cost and strong rental demand driven by urban migration and structural housing shortages.
ARGENTINA REIT
Exposure at
market scale.
We give investors access to Argentina’s first real estate investment trust, designed to provide exposure to the residential market at scale.
Acquiring apartments in Buenos Aires at discounted valuations
Renting them out to generate stable income
Benefiting from a broad repricing of the real estate market
Due to the long-standing absence of a developed mortgage market in Argentina, demand for homeownership is structurally constrained. Buyers often rely on cash and incremental capital, creating a chain reaction as sellers redeploy capital into new purchases.
The REIT is accessible to individual and institutional investors, USD-focused in its investment logic, and locally listed—combining income generation, market-driven appreciation and liquidity in an otherwise illiquid asset class.
ADVISORY AND EXECUTION
A bridge between
capital and market.
Deal structuring and investment guidance
Local market intelligence and underwriting
Coordination with developers, legal advisors, and notaries
Execution support from entry to exit
Our focus is selective: we prioritize opportunities where timing, pricing, and structural dynamics align to create asymmetric returns.
Discuss your investment objectives