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Brand new Olivos continue to improve - Reporte Inmobiliario
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Olivos a estrenar sigue mejorando, noticias sobre RELEVAMIENTOS en Reporte Inmobiliario
Otro aumento interanual de unidades nuevas lleva el valor de oferta a máximos históricos en la zona. Datos del 18° relevamiento anual de RI.
www.reporteinmobiliario.com
May 13, 2024
Another year-on-year increase in new units takes the supply value to historical highs in the area. Data from the 18th annual RI survey.
Within the GBA in the northern area, the town of Olivos is characterized by generally presenting a homogeneous fabric where, outside of the residential corridors, low-rise single-family homes generally predominate.
However, during the last 18 years, concentrated in the downtown area and on the Av. Del Libertador corridor, a significant number of multifamily buildings have been added with a high height profile in many of them that responds to the tower typology. . The strong decentralization of the City of Buenos Aires would be benefiting this northern zone corridor due to its proximity to the city and a good level of access to the entire GBA via Panamericana and Gral Paz.
Within this town of 7.7 km 2 in area, Reporte Inmobiliario, carried out for the eighteenth consecutive year the survey of the area that surrounds a sector of the central area of Olivos and the Port of that town on the Av. del Libertador corridor, from Av. San Martín to Diaz Vélez Street.
Within the surveyed area there are currently 16 projects in total, among which are in the launch stage, specifically in construction with different degrees of progress in their work and those that are already completed with units still on offer.
In the area analyzed, only one development is ready for delivery, 4 are in the process of concrete work and 11 plots of land that, although they have not effectively started work on the lot, have advertising about the undertaking. that would take place on the spot. In this particular area, the number of ventures that are just starting is high in relation to other areas.
The area is characterized by offering units with 3, 4 or more rooms, although in recent surveys a certain percentage of 2-room units has been increasingly observed, although two-bedroom units predominate.
From the Real Estate Report survey, it appears that the average value in dollars per m2 of the sample increased in dollars by 16.27% compared to a year ago; This being the second consecutive year of improvements and taking the offer value back to historical highs.
The current average price value reached US$/m2 4,400 compared to US$3,784 in the survey carried out in 2023. The lowest price recorded in the current survey was US$/m2 3,691 and the highest price rose significantly of the rest of US$S/m2 6,637.
All quotes are expressed in dollars, requesting an advance payment of 30 to 40% of the total price and then moving on to payments in installments in dollars or pesos updateable by construction cost; only during the period remaining to complete the works.
The values of the garages are stable compared to last year and are between US$20,000 and US$35,000, depending on the venture.
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