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Boom in “turnkey” houses: Why there are currently more than 5,000 under construction in private neighborhoods - Infobae
Source:
Auge de casas “llave en mano”: por qué hay actualmente más de 5.000 en construcción en barrios privados
Aumentó la demanda de quienes quieren mudarse a viviendas listas para habitar. Los valores de edificación por metro cuadrado. Qué se aconseja y qué considerar antes de comprar para evitar futuros inconvenientes
www.infobae.com
December 25, 2023
Demand increased from those who want to move into homes ready to move into. Building values per square meter. What is advised and what to consider before buying to avoid future inconveniences
By Jose Luis Cieri
In this process, those who opt for this alternative, according to experts, should focus on a construction style that provides an optimal relationship between quality and price.
Driven by the urgency of moving, time constraints or the desire to avoid the hassles associated with construction, many families have recently chosen the “turnkey” house option to settle in private neighborhoods. The approach involves paying and accessing the home directly, without the complications linked to traditional construction.
The trend of settling in urbanizations in the suburban real estate market persists and drives this modality: it is estimated that there are currently more than 5,000 houses under construction to be delivered “turnkey” in Greater Buenos Aires.
Daniela Pérez de Graffe, commercial director of the Coria Group, told Infobae that for those who are about to buy a brand-new home, the location of the urbanization is key. “Although the trend of moving increased the sales of lots with houses to be developed according to the client's tastes and turnkey projects, mobility remains a crucial factor. “I advise examining the neighborhood's documentation in detail, from municipal requirements to the status of infrastructure works,” she said.
Another relevant aspect is to verify if it is a trust with a purchase ticket or if it already has a deed. It is recommended to choose neighborhoods where the costs of expenses, amenities and, fundamentally, the availability of sewers, natural gas and running water are considered.
Large windows are vital in homes ready to move in.
There are companies that document each step and share weekly explanatory photos and videos with the client, ensuring transparency in construction.
“We recommend carefully examining the details of the contract and obtaining information about the quality of materials such as faucets, pipes, wall thicknesses (in dry construction) and insulation in ceilings and foundations, critical parts of a home,” Juan José Blanco told Infobae. , partner of Mazzei Construye.
Kitchens with islands predominate in demand
Steps
After acquiring the land, defining the project and selecting the design, a meeting is held with the architectural team. Once the construction contract is signed and the project is established, the client only has to worry about choosing colors and finishes until the delivery of their house.A turnkey house of around 240 square meters, ready to move in, in traditional construction takes between 11 and 13 months to complete. And if it is 120 m2, it takes about 9 months.
The construction of a house takes between 10 and 15 months, it all depends on the surface and finishes carried out.
Esteban Edelstein Pernice, partner of Victoria Homes, highlighted to Infobae that, before starting the work, presentations must be made to the neighborhood architecture commission, professional association and municipality. “This procedure, which takes between 3 and 4 months to be approved, is added to the general process that takes approximately 15 months from start to finish,” he said.
In the construction of this type of housing, a team of between 5 and 20 people works from the beginning to the completion of the project.
Damian Garbarini , director of DG & MI, told Infobae that these houses, of approximately 180 m2, with 5 rooms and the possibility of one or two floors, represent the average surface option most chosen by demand when moving to a private neighborhood".
Preferences lean towards bright properties with functional spaces such as a playroom, desk or comfortable home office space. In addition, a large gallery with its own barbecue and views of the garden is considered essential.
Gallery, grill and pool are key
Blanco pointed out: “On large lots, one-story houses are usually built, and on smaller lots they seek to build them high, on two or more levels. In addition, the large living rooms, integrated kitchens and windows that prioritize the view, but at the same time provide privacy, stand out.”
Prices and costs
The values to build in the traditional format range between USD 700 and USD 1,000 per m2, although they can increase according to the finishes that are installed.“For example, in La Cañada de Pilar, a 4-room house has a value of USD 700 per m2. This includes LED lighting, bathrooms with porcelain tile, double hermetic glass, closet fronts and interiors, full kitchens, galleries with barbecue and level garden,” Pérez de Graffe specified.
The total value, including lot and pool, is around USD 155,000; In a neighborhood with larger lots and golf views, a 4-bedroom house would cost USD 210,000 already finished.
Edelstein Pernice highlights that the most sought-after houses are modern in style, with pure designs, volumes with straight lines, cantilevered structures and without moldings. “With integrated environments that promote family interaction or interaction with guests. In addition, these homes include covered outdoor galleries and spaces for eating or meeting.”
Today light and earthy tones predominate to complete facades
In dry construction, prices range between USD 450 and 800 per m2. For this reason, it is essential to inform yourself about materials and qualities when reading and signing a contract.
Blanco said: “There is a turnkey promotion that includes a 600 m2 land, a 120 m2 house and a pool for $139,000. In addition, prices are offered from USD 650 per m2 in dry construction and from USD 850 per m2 in the traditional system, with land that has financing. In Canning neighborhoods, there is the possibility of paying for construction with a 40% advance and fees for progress of work.”
Expenses and commissions
When purchasing a turnkey home, it is essential to consider the costs associated with taxes, notary fees and real estate commission.
Bathrooms are usually finished with porcelain tiles, especially
The expenses will be in proportion to the value of the selected house. In relation to the deed, the notary will determine the distribution corresponding to each party, and the same happens with the commercial management expenses, where each party will pay between 2% and 4% of the value of the property, as appropriate.
For construction, the costs of contributions, plans, municipal taxes and those necessary to present and approve the work are the responsibility of the owner.
Now with the heat as the protagonist, whoever buys a turnkey house requires that it have a pool.
“On certain occasions, an entry fee to the neighborhood is contemplated that ranges between 1% and 2% of the value of the home. Regarding notary fees, these vary between 2.5% and 4 percent. These elements, which include the entry fee, real estate commission and notary fees, are distributed equitably between the parties,” Garbarini concluded.
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