Southeast of the town of Salta in Argentina, you’ll find the La Pedrera riverside development. While on a property scouting trip to Salta, IL’s Latin America editor, Lee Harrison took footage of this project.

It’s a just-launched 30-acre project on a small river, about a mile from town, offering 82 lots of 800 square meters and larger. The project has underground utilities, but otherwise is amenity-free…aside from 5 acres of park space. Two houses were already under construction during Lee’s visit to the site.

“It’s an excellent deal for a second home site. And since there is no build requirement, I think it’s also a good buy-and-hold opportunity,” Lee says.

For more details on this site (price, etc.) and for Lee’s other property finds in Salta, see the upcoming March issue of International Living. If you’re not a subscriber, you can sign up here.

Editor’s Note: Read more about Argentina and other countries in IL’s free daily postcards. Sign up here and we’ll send you a free report: What Nobody will Tell You About Argentina.