BuySellBA
Administrator
An exclusive corner of western Buenos Aires has luxury homes, palm trees on the sidewalks, Nordelta prices and dollarized rents - Infobae
Source:
www.infobae.com
December 14, 2024
Near General Paz, this area is distinguished by its palm trees on the sidewalks, which give it a Caribbean feel. The homes cost more than USD 300,000 and have more than three rooms.
By Jose Luis Cieri
Houses of more than 150 square meters covered, with wide sidewalks and palm trees are common in the Naón neighborhood, an area of Mataderos that maintains its boom
In the west of CABA, near Avenida General Paz, there is a corner that surprises with its exclusivity. Its wide streets adorned with palm trees give it a distinctive and, perhaps, Caribbean feel. In this area, homes cost more than USD 300,000 and offer more than three rooms, competing with properties in Nordelta and San Isidro.
Known as the Naón Neighborhood, this sector pays homage to the Lazarist priest Luis Naón , who established his mission at the beginning of the 20th century, also known as “the apostle of Nueva Chicago” (in allusion to the club that is an emblem of the area).
This neighborhood extends from Juan B. Alberdi Avenue to Emilio Castro Avenue, and from Montiel to the General Paz Avenue collector road.
The Naón neighborhood, ideal for families with school-age children, stands out for the presence of several private schools in an area of 49 blocks. Its location, one of the highest points in CABA, prevents flooding. Its streets are named after frigates, such as Céfiro, Trinidad, Hércules, La Argentina and Halcón.
Its features include quiet streets, few high-rise buildings and a strategic location near important highways, such as Perito Moreno and Acceso Oeste.
Oscar Agrello , partner and general manager of Florencio González Inmuebles, told Infobae that “this area combines tranquility, large green spaces and an active community that enjoys the squares during the weekends. It is ideal for families looking for quality of life within the city.”
Plaza La Monito, between Ercilla and Fragata Libertad
The area has attractive features such as wide sidewalks lined with palm trees, charmingly designed houses and more than 7 squares that invite you to enjoy the outdoors. Despite not being an area of large plots, the standard lots are approximately 9 by 18 meters, and offer a pleasant and peaceful atmosphere.
Agrello said that the neighborhood stands out for its quick access. “Several of the homes include a swimming pool. The profile of the typical buyer corresponds to the middle and upper middle class, with variations depending on the characteristics of each property.”
Among the streets in demand there are Ulrico Schmidl, Ercilla, Carhué, Fragata Trinidad and Lisandro de la Torre Avenue, among others.
The neighborhood features modern, minimalist buildings that contrast with the chalets from the 80s and 90s, as well as the typical houses of yesteryear.
Prices for these properties range from USD 500,000 to over USD 1,200,000, depending on their size and location. The most exclusive homes usually exceed 200 square meters, distributed on land of up to three unified lots.
Properties for rent are dollarized, and most cost more than USD 1,500 per month, usually with a garage.
“Its proximity to industrial areas in Mataderos and the western suburbs of Buenos Aires also makes it a favourite location for business owners due to its accessibility and quality of life.”
Along its 49-block route there are wide streets and avenues, with full residential areas
Emilio Castro Avenue, with its growing gastronomic offering, adds an additional point of interest for residents and visitors.
Regarding market values, Masini noted that after a considerable drop, prices began to stabilize, with a slight upward trend that oscillates around 7% year-on-year.
Although the market still faces challenges, the growth of mortgage lending and the elimination of money laundering have boosted demand, especially for lower-value properties.
There are also some very low-rise buildings in the area with up to 3 or 4 floors at most (Photo Courtesy: FJ Luján)
“The main interest comes from upper-middle class families who are looking for green spaces and appreciate the connection to the city,” Masini added.
The expansion of the neighborhood is related to the economic growth driven by the Mataderos cattle market, generating employment in the slaughterhouse sector, commerce and other related industries.
“There is an increase in demand, motivated, in part, by the gastronomic appeal and proximity to industries. However, the real estate market depends on the general economic evolution, and the first signs of 2025 will be key to confirm trends,” he added.
Intersection of Pizarro and José León Suárez, there also with several PH and chalets
Industry sources say the worst of the crisis experienced between 2018 and the beginning of this year is now behind us.
In the area there is an increase in small high-rise housing projects, with 3 and 4-room units that offer comfort and high-end details, but with three or four floors at most.
The dynamics of real estate transactions improved compared to last year. In real estate, the intention to buy increased over that to rent.
“The neighborhood is showing signs of recovery. Prices fell by 35% by the end of last year, but now there is a surge, with closings in all segments, from apartments to luxury homes,” Masini added.
Homes of more than 200 m2 start at USD 300,000 in this radius
In addition, money laundering could encourage new transactions in the short term. But we will only know for sure in the first quarter of 2025.
Dopacio concluded that the demand is interesting, especially due to its proximity to the area's industries, which attracts a large part of the public that moves around the neighborhood. "In addition, local merchants and several people who were born in the area and want to continue living there are joining in, evidencing a local character in the residents of Mataderos and Naón."
www.buysellba.com
Source:
Un exclusivo rincón del oeste porteño tiene casas de lujo, palmeras en las veredas, precios de Nordelta y alquileres dolarizados
En el oeste de CABA, cerca de la General Paz, esta zona se distingue por sus palmeras en las veredas, que le dan un aire caribeño. Las viviendas superan los USD 220.000 y tienen más de tres ambientes
www.infobae.com
December 14, 2024
Near General Paz, this area is distinguished by its palm trees on the sidewalks, which give it a Caribbean feel. The homes cost more than USD 300,000 and have more than three rooms.
By Jose Luis Cieri
Houses of more than 150 square meters covered, with wide sidewalks and palm trees are common in the Naón neighborhood, an area of Mataderos that maintains its boom
In the west of CABA, near Avenida General Paz, there is a corner that surprises with its exclusivity. Its wide streets adorned with palm trees give it a distinctive and, perhaps, Caribbean feel. In this area, homes cost more than USD 300,000 and offer more than three rooms, competing with properties in Nordelta and San Isidro.
Known as the Naón Neighborhood, this sector pays homage to the Lazarist priest Luis Naón , who established his mission at the beginning of the 20th century, also known as “the apostle of Nueva Chicago” (in allusion to the club that is an emblem of the area).
This neighborhood extends from Juan B. Alberdi Avenue to Emilio Castro Avenue, and from Montiel to the General Paz Avenue collector road.
The Naón neighborhood, ideal for families with school-age children, stands out for the presence of several private schools in an area of 49 blocks. Its location, one of the highest points in CABA, prevents flooding. Its streets are named after frigates, such as Céfiro, Trinidad, Hércules, La Argentina and Halcón.
Its features include quiet streets, few high-rise buildings and a strategic location near important highways, such as Perito Moreno and Acceso Oeste.
Oscar Agrello , partner and general manager of Florencio González Inmuebles, told Infobae that “this area combines tranquility, large green spaces and an active community that enjoys the squares during the weekends. It is ideal for families looking for quality of life within the city.”
Plaza La Monito, between Ercilla and Fragata Libertad
The area has attractive features such as wide sidewalks lined with palm trees, charmingly designed houses and more than 7 squares that invite you to enjoy the outdoors. Despite not being an area of large plots, the standard lots are approximately 9 by 18 meters, and offer a pleasant and peaceful atmosphere.
Agrello said that the neighborhood stands out for its quick access. “Several of the homes include a swimming pool. The profile of the typical buyer corresponds to the middle and upper middle class, with variations depending on the characteristics of each property.”
Among the streets in demand there are Ulrico Schmidl, Ercilla, Carhué, Fragata Trinidad and Lisandro de la Torre Avenue, among others.
Exclusive and modern properties
Claudio Masini , from Masini Properties, explained that the homes combine traditional styles, such as chalets from the 80s, with modern constructions adapted to contemporary comfort. “Today we see houses with porcelain tiles, marble countertops and high-end details, ideal for families looking for light, several bedrooms and outdoor spaces,” he said.The neighborhood features modern, minimalist buildings that contrast with the chalets from the 80s and 90s, as well as the typical houses of yesteryear.
Prices for these properties range from USD 500,000 to over USD 1,200,000, depending on their size and location. The most exclusive homes usually exceed 200 square meters, distributed on land of up to three unified lots.
Properties for rent are dollarized, and most cost more than USD 1,500 per month, usually with a garage.
A market that resurged
Lautaro Dopacio , from the firm FJ Luján, highlighted the attractiveness of the Naón neighborhood for its wide and clear streets, abundance of green areas and neat surroundings.“Its proximity to industrial areas in Mataderos and the western suburbs of Buenos Aires also makes it a favourite location for business owners due to its accessibility and quality of life.”
Along its 49-block route there are wide streets and avenues, with full residential areas
Emilio Castro Avenue, with its growing gastronomic offering, adds an additional point of interest for residents and visitors.
Regarding market values, Masini noted that after a considerable drop, prices began to stabilize, with a slight upward trend that oscillates around 7% year-on-year.
Although the market still faces challenges, the growth of mortgage lending and the elimination of money laundering have boosted demand, especially for lower-value properties.
There are also some very low-rise buildings in the area with up to 3 or 4 floors at most (Photo Courtesy: FJ Luján)
“The main interest comes from upper-middle class families who are looking for green spaces and appreciate the connection to the city,” Masini added.
The expansion of the neighborhood is related to the economic growth driven by the Mataderos cattle market, generating employment in the slaughterhouse sector, commerce and other related industries.
Expectations
Dopacio commented that prices are behaving in a stable manner thanks to a consistent trading volume.“There is an increase in demand, motivated, in part, by the gastronomic appeal and proximity to industries. However, the real estate market depends on the general economic evolution, and the first signs of 2025 will be key to confirm trends,” he added.
Intersection of Pizarro and José León Suárez, there also with several PH and chalets
Industry sources say the worst of the crisis experienced between 2018 and the beginning of this year is now behind us.
In the area there is an increase in small high-rise housing projects, with 3 and 4-room units that offer comfort and high-end details, but with three or four floors at most.
The dynamics of real estate transactions improved compared to last year. In real estate, the intention to buy increased over that to rent.
“The neighborhood is showing signs of recovery. Prices fell by 35% by the end of last year, but now there is a surge, with closings in all segments, from apartments to luxury homes,” Masini added.
Homes of more than 200 m2 start at USD 300,000 in this radius
In addition, money laundering could encourage new transactions in the short term. But we will only know for sure in the first quarter of 2025.
Dopacio concluded that the demand is interesting, especially due to its proximity to the area's industries, which attracts a large part of the public that moves around the neighborhood. "In addition, local merchants and several people who were born in the area and want to continue living there are joining in, evidencing a local character in the residents of Mataderos and Naón."
www.buysellba.com
