
Faro Belén — Aldea de Mar
Golfo San Matías, Río Negro, Patagonia
10km of pristine Patagonian coastline — entry from $13,200
Investment Overview
Project Description
An oceanfront land development on Argentina's wild Patagonian coast. 1,500 hectares, 10km of pristine coastline, dramatic cliffs, and a sea lion colony. 22–24 houses already built with internal roads and communal facilities.
Stage 1 is 70%+ sold. Stage 2 preventa just opened with 17 ocean-view lots and a 25% cash discount. Entry starts at $13,200 cash for a médano lot — less than a used car in most global markets.
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Investment Highlights
- ✦Oceanfront Patagonia at less than $5/m² for the largest lots
- ✦0% interest financing in USD — no banks, no mortgage required
- ✦70%+ of Stage 1 sold — proven buyer demand at this specific project
- ✦22–24 houses already built — this is not speculative empty land
- ✦Argentina's capital repatriation ($38B blanqueo) driving new demand for land assets
- ✦Master plan by award-winning architect Matías Klotz
- ✦Lifestyle asset + reserve of value for European and US investors
Available Lot Types
All lots offer 0% interest financing in USD. Cash buyers receive a 25% discount (Stage 2 preventa).
Médano
Expansive dune lots, private and sheltered, ideal for retreat homes
Cluster (Ocean View)
Compact oceanfront lots with direct sea views, walkable to communal areas
Chacra
Rural parcels — build up to 3 houses, ideal for family compounds or boutique hospitality
Location & Market Context
Faro Belén sits on the Golfo San Matías coast in Río Negro — a stretch of Patagonian coastline that remains largely undeveloped despite its dramatic natural beauty. 10km of pristine beach, sea cliffs, a resident sea lion colony, and year-round ocean winds that draw kitesurfers and nature travelers from across South America and Europe.
Argentina's capital repatriation program (blanqueo) brought an estimated $38B in offshore capital back onshore in 2024–2025. Lifestyle real estate and land banking have absorbed a significant portion, driving demand for oceanfront assets across Patagonia. The project was master-planned by Matías Klotz, an internationally recognized Chilean architect known for integrating built structures with dramatic natural landscapes.
Developer & Track Record
Daniel Oks — Oxford-trained economist and founder of Desur. 20 years developing large-scale residential and land projects across Argentina and Uruguay.
Key People
Economist (UBA), Masters from LSE, PhD in Macroeconomics from Oxford. 15 years at the World Bank. Since 2006, founder of Desur — specialising in large-scale nature-integrated communities across Argentina and Uruguay. Faro Belén is one of his flagship projects.
Award-winning Chilean architect internationally recognised for integrating built structures with dramatic natural landscapes. Selected by Desur to master-plan Faro Belén's 1,500-hectare coastal development.
Project Track Record
70%+ sold. Roads, utilities, and communal facilities completed. 22–24 homes built by lot owners — demonstrated buyer conviction.
Golf and country club community in Uruguay. One of several large-scale nature-integrated communities developed by Desur totalling 2,000+ hectares.
Country club community in Buenos Aires province. Part of Desur's track record of low-impact residential projects with strong buyer uptake.
17 ocean-view lots open. 25% cash discount. Infrastructure from Stage 1 already in place.
Due Diligence Checklist
- ✓Developer: Oxford PhD economist with 15 years at the World Bank
- ✓Desur: 20+ years and 2,000+ hectares developed across Argentina and Uruguay
- ✓70%+ of Stage 1 sold — demonstrated real buyer demand at this specific project
- ✓22–24 homes already built on site by lot owners
- ✓Stage 1 infrastructure completed and operational
- ✓Master plan by Matías Klotz — internationally awarded architect
- ✓0% interest USD financing — developer backs the project long-term
- ✓Vetted and presented by Pozzo Advisory
⚠ Risk Considerations
We present risks alongside opportunities. Informed investors make better decisions.
- ▸Remote location (Patagonian coast — not urban)
- ▸Land investment, not income-producing (no rental yield until you build)
- ▸Development timeline depends on continued sales and infrastructure buildout
- ▸Argentina country risk applies
Express Interest
Faro Belén — Aldea de Mar