Villa Catedral

Villa Catedral sits at the foot of Cerro Catedral, the largest ski resort in South America, about 20 km from central Bariloche. It is a purpose-built mountain village of apartments, ski lodges and chalets whose entire economy revolves around the winter season, when skiers from across Argentina and abroad fill every bed. Summer brings hiking, mountain biking and chairlift sightseeing, giving a meaningful shoulder season. Proximity to the lifts commands a 20-25% premium over standard residential areas, and ski-adjacent stock appreciates 4-7% annually in USD. The investment case is built on short-term seasonal rentals: peak-winter nightly rates can deliver returns well above the city's ~4% long-let yields, though income is concentrated in a few months. This is a play for investors comfortable with seasonality who want direct exposure to Argentina's marquee ski destination.

Villa Catedral in Bariloche, Río Negro, Argentina