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Apartment Rental CABA: the encouraging data that apartment owners who rent an apartment did not expect- La Nacion Popiedades

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CABA: the encouraging data that apartment owners who rent an apartment did not expect - La Nacion Propiedades
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October 16, 2024


Profitability in the City increased slightly in September: what is the income that a rental contract leaves and how many years are needed to recover the investment



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Which neighborhoods are best for renting an apartment?Hernan Zenteno - The Nation



Real estate has always been a safe haven and a good option to make your assets yield profits in a country with economic ups and downs. In line with this, the profitability of an apartment in the City increased slightly in September and reached an annual return of 4.5% .

How much did profitability increase? This indicator showed a rise of 7% compared to the previous month, since in August the annual profitability registered 4.2%.





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The evolution of profitability since 2012

The latest Zonaprop report indicated that, according to the data, in September it takes 21.8 years of renting to recover the investment that was allocated to the property. This figure decreased favorably for investors , since a month ago, it took 23.3 years (August).





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In September, it takes 21.8 years of renting to recover the investment that was invested in the propertyPatricio Pidal

Which neighborhoods offer the highest profitability?​

For those interested in investing, it is essential to know which neighborhoods offer the highest returns. Lugano, Parque Avellaneda and La Boca are the best options, with a return of 7.6%, 5.9% and 5.9%, respectively.

These are neighborhoods where profitability is higher “because the sale value of the homes rose less than the growth in rents ,” explains Rozados, director of Reporte Inmobiliario.





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Profitability by Buenos Aires neighborhood, according to Zonaprop

On the contrary, the neighborhoods that leave the least annual profitability are Belgrano (3.8%), Palermo (3.7%) and Puerto Madero (3.7%).

Finally, if we talk about rental listing prices for a two-room apartment , the average for the City broke the half-million peso barrier: $507,422 . In the most profitable neighborhood, that is, in Lugano , this value was $357,256 ; in the second most profitable, Parque Avellaneda, $438,368 and in the third ( La Boca ) it was around $437,152 .


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