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Demand for apartments in private urbanizations remains very high - Infobae
Source:
www.infobae.com
September 19, 2023
The real estate market in suburban areas attracts those who move to live close to nature and access. The 2 and 3 room units start at USD 1,800 for the well and USD 2,000 for the used ones, they include amenities.
By José Luis Cieri
Lagoon Pilar with crystal clear lagoon and its own beach. There demand continues to drive purchase agreements and temporary rentals
After the pandemic, it was confirmed that the third wave of interest in housing in the suburban real estate market is a reality, especially driven by young families and adults retiring from working life. This trend is strongly manifested in the northern area of Greater Buenos Aires, particularly in the district of Pilar and Tigre, as well as in the vicinity of La Plata, with a focus on City Bell.
Factors driving this option include proximity to natural environments, road accessibility and availability of services. In the area of housing options, there is a growing interest in the acquisition and construction of apartments in condominiums and buildings with a focus on security and services. Several units have sold quickly, while new building proposals emerge to meet the growing demand.
And also resale apartments, which are already part of this urban ecosystem close to the green, are gaining ground.
Gustavo Iglesias, from Iglesias Negocios Inmobiliarios who sells in Nordelta in Tigre, told Infobae that “the market is active, especially in the used part. The prices are very competitive. There is movement. Part of the demand opts for these properties because they can enjoy nature without having to take care of the maintenance of gardens, swimming pools, among other common areas.”
The rise of apartments in private neighborhoods not only responds to the search for a more natural environment. According to industry experts, there are multiple factors driving this trend. One of them is the cheaper cost in expenses and maintenance compared to houses. Furthermore, the home office modality facilitates migration to these spaces.
In Nordelta there is also demand to move to apartments that face the water
“There are various profiles of buyers, such as older couples who rent their large house to move into an apartment, which allows them to obtain additional income, and men who, after a divorce, choose to live near their children without incurring double expense of maintaining two houses,” said Iglesias.
Regarding investment, there are end users who usually opt for used properties, whose values range between USD 1,800 and USD 3,000 per square meter. Investors, on the other hand, usually enter into well projects, which also range between USD 2,000 and USD 3,000 per m2.
The stately thing is present in these units near the green
The units available are mostly 2 and 3 room units, with a few studio apartments and 4 room units. Sizes vary from 36 m2 in single-room units to 180 m2 in 4-room units.
The connection with the outside is essential, large balconies or terraces cannot be missing in the new proposals
Luis Signoris , from CGF and head of Lagoon Pilar, highlighted to Infobae that “the real estate market in Pilar is experiencing significant growth. “This complex, with a lagoon 500 meters long and 120 meters wide, adds differential value when choosing a place to live.”
Apartments in green spaces are especially attractive for those looking for a change in life and value proximity to nature. In addition, Pilar offers quick access to the city of Buenos Aires, which makes it a viable option for those who need to travel occasionally.
By renting apartments in private neighborhoods you obtain an income that can reach 10% per year in dollars
“Investors are betting on the venture and can also obtain an approximate annual income of 8% in dollars for temporary rentals; this figure can even exceed 10% in some cases. Home values vary based on size and amenities, with options ranging from one-bedroom to four-bedroom units,” Signoris said.
The average sales values for a studio apartment are around USD 90,000 and USD 100,000; two-room apartments range from USD 140,000 to USD 150,000, three-room apartments reach up to USD 180,000, and four-room apartments reach up to $210,000. A financing plan is offered with a 35% advance payment and the balance in up to 36 installments, adjustable by the CAC index.
Another new proposal is San Gerónimo, at kilometer 52 of national route 8, which debuts its first building.
Architect Mercedes Gutiérrez from Grupo Farallón, highlighted that “the desire of the majority is to have their own home with a large green space where they can also do outdoor activities, go to the gym, play tennis or eat a barbecue.” in the barbecue after a soccer game.”
San Gerónimo, new apartment alternative in Pilar
There is a mix of end users and investors who use it for rent after the construction period. It is an advantage to buy at the beginning since it gives the possibility of buying in installments and as the months go by the home becomes comfortable and the prices accompany the growth.
There the prices for block 1 range from USD 2,400 per m2, and those for block 2, which is under construction, start at USD 1,900 per m2.
There are units from almost 40 m2 to 70 m2, and a total price for a two-room apartment ranges from $143,350.
For her part, Daniela Pérez de Graffe, from Grupo Coria, stated that “Pilar's growth in recent years has been notable, with a significant expansion in infrastructure, schools, hospitals and shopping centers. This development has been driven by people's interest in moving to greener environments. Making homes in the suburban market highly valued.”
Coria Group, carrying out Cañada Village III at km 56.5 of the Panamericana Pilar branch, offers high quality units with short delivery times.
Cañada Village III also in Pilar
“As for the buyer profile, demand comes mainly from families looking for brighter spaces and contact with nature,” Pérez de Graffe added.
Cañada Village II, a project already completed, offers brand new 2 and 3-bedroom apartments with prices starting at USD 96,000; The units have various amenities, including their own barbecues and private garages. On the other hand, Cañada Village III offers financing with a payment scheme of 70% in dollars and 30% in installments in pesos adjusted by CAC.
In terms of rental, complexes like Altos de la Cañada offer temporary contracts that include all expenses and services, with prices ranging between USD 550 and USD 700 per month.
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Modern, bright apartments finished with resistant materials are key to attracting demand
Pérez de Graffe said that “today's developments cannot lack a wide range of amenities, from swimming pools and gyms to spaces for coworking and events, which makes them an attractive option for both residents and investors.”
Access area in new proposal located in the La Plata district
Work flexibility and hybrid work drove the search for homes with green spaces and a better quality of life. These apartments offer multiple advantages, such as advanced security systems and maintenance of common areas, which makes them attractive to an audience that values comfort and nature.
According to Germán Otero Rossi, from Inmobiliaria Otero Rossi, he acknowledged to Infobae that “the majority of buyers belong to the ABC1 segment and are mainly end users. However, there is also a minority of investors attracted by the high profitability that these properties offer, especially under the temporary rental modality.”
In terms of prices, finished homes vary between USD 2,000 and USD 3,000 per m2, depending on the location and finishes.
“The apartments usually have two or three rooms, with sizes ranging from 55 m2 to 100 m2. As for the finishes, high quality materials are used such as natural quartz for the countertops and marble-like porcelain tiles in the bathrooms,” described Otero Rossi.
Quartz countertops and porcelain floors predominate among those who build homes when applying finishes
In the field of temporary rentals, the rent can triple the value of a traditional rental. The apartments are hired fully equipped and are usually for a maximum period of three months.
The approximate rental values for a two-room apartment are $175,000, while for three rooms they amount to $250,000 per month.
“These data reflect the growing demand for this type of properties in an area that is becoming established as an attractive residential and tourist area,” concluded Otero Rossi.
www.buysellba.com
Source:
Vivir en un barrio cerrado: por qué sigue muy alta la demanda de departamentos en urbanizaciones privadas
El mercado inmobiliario en áreas suburbanas atrae a quienes se mudan para vivir cerca de la naturaleza y accesos. Las unidades de 2 y 3 ambientes parten desde USD 1.800 en pozo y USD 2.000 para las usadas, incluyen amenities
www.infobae.com
September 19, 2023
The real estate market in suburban areas attracts those who move to live close to nature and access. The 2 and 3 room units start at USD 1,800 for the well and USD 2,000 for the used ones, they include amenities.
Living in a gated community: why the demand for apartments in private urbanizations remains very high
By José Luis Cieri
Lagoon Pilar with crystal clear lagoon and its own beach. There demand continues to drive purchase agreements and temporary rentals
After the pandemic, it was confirmed that the third wave of interest in housing in the suburban real estate market is a reality, especially driven by young families and adults retiring from working life. This trend is strongly manifested in the northern area of Greater Buenos Aires, particularly in the district of Pilar and Tigre, as well as in the vicinity of La Plata, with a focus on City Bell.
Factors driving this option include proximity to natural environments, road accessibility and availability of services. In the area of housing options, there is a growing interest in the acquisition and construction of apartments in condominiums and buildings with a focus on security and services. Several units have sold quickly, while new building proposals emerge to meet the growing demand.
And also resale apartments, which are already part of this urban ecosystem close to the green, are gaining ground.
Gustavo Iglesias, from Iglesias Negocios Inmobiliarios who sells in Nordelta in Tigre, told Infobae that “the market is active, especially in the used part. The prices are very competitive. There is movement. Part of the demand opts for these properties because they can enjoy nature without having to take care of the maintenance of gardens, swimming pools, among other common areas.”
The rise of apartments in private neighborhoods not only responds to the search for a more natural environment. According to industry experts, there are multiple factors driving this trend. One of them is the cheaper cost in expenses and maintenance compared to houses. Furthermore, the home office modality facilitates migration to these spaces.
In Nordelta there is also demand to move to apartments that face the water
“There are various profiles of buyers, such as older couples who rent their large house to move into an apartment, which allows them to obtain additional income, and men who, after a divorce, choose to live near their children without incurring double expense of maintaining two houses,” said Iglesias.
Regarding investment, there are end users who usually opt for used properties, whose values range between USD 1,800 and USD 3,000 per square meter. Investors, on the other hand, usually enter into well projects, which also range between USD 2,000 and USD 3,000 per m2.
The stately thing is present in these units near the green
The units available are mostly 2 and 3 room units, with a few studio apartments and 4 room units. Sizes vary from 36 m2 in single-room units to 180 m2 in 4-room units.
The connection with the outside is essential, large balconies or terraces cannot be missing in the new proposals
Also in the northern area of the GBA
One of the areas that concentrates more than 1,000 apartments under construction, which are added to the existing supply, is the Pilar district. Which are added to the already existing offer.Luis Signoris , from CGF and head of Lagoon Pilar, highlighted to Infobae that “the real estate market in Pilar is experiencing significant growth. “This complex, with a lagoon 500 meters long and 120 meters wide, adds differential value when choosing a place to live.”
Apartments in green spaces are especially attractive for those looking for a change in life and value proximity to nature. In addition, Pilar offers quick access to the city of Buenos Aires, which makes it a viable option for those who need to travel occasionally.
By renting apartments in private neighborhoods you obtain an income that can reach 10% per year in dollars
“Investors are betting on the venture and can also obtain an approximate annual income of 8% in dollars for temporary rentals; this figure can even exceed 10% in some cases. Home values vary based on size and amenities, with options ranging from one-bedroom to four-bedroom units,” Signoris said.
The average sales values for a studio apartment are around USD 90,000 and USD 100,000; two-room apartments range from USD 140,000 to USD 150,000, three-room apartments reach up to USD 180,000, and four-room apartments reach up to $210,000. A financing plan is offered with a 35% advance payment and the balance in up to 36 installments, adjustable by the CAC index.
Another new proposal is San Gerónimo, at kilometer 52 of national route 8, which debuts its first building.
Architect Mercedes Gutiérrez from Grupo Farallón, highlighted that “the desire of the majority is to have their own home with a large green space where they can also do outdoor activities, go to the gym, play tennis or eat a barbecue.” in the barbecue after a soccer game.”
San Gerónimo, new apartment alternative in Pilar
There is a mix of end users and investors who use it for rent after the construction period. It is an advantage to buy at the beginning since it gives the possibility of buying in installments and as the months go by the home becomes comfortable and the prices accompany the growth.
There the prices for block 1 range from USD 2,400 per m2, and those for block 2, which is under construction, start at USD 1,900 per m2.
There are units from almost 40 m2 to 70 m2, and a total price for a two-room apartment ranges from $143,350.
For her part, Daniela Pérez de Graffe, from Grupo Coria, stated that “Pilar's growth in recent years has been notable, with a significant expansion in infrastructure, schools, hospitals and shopping centers. This development has been driven by people's interest in moving to greener environments. Making homes in the suburban market highly valued.”
Coria Group, carrying out Cañada Village III at km 56.5 of the Panamericana Pilar branch, offers high quality units with short delivery times.
Cañada Village III also in Pilar
“As for the buyer profile, demand comes mainly from families looking for brighter spaces and contact with nature,” Pérez de Graffe added.
Cañada Village II, a project already completed, offers brand new 2 and 3-bedroom apartments with prices starting at USD 96,000; The units have various amenities, including their own barbecues and private garages. On the other hand, Cañada Village III offers financing with a payment scheme of 70% in dollars and 30% in installments in pesos adjusted by CAC.
In terms of rental, complexes like Altos de la Cañada offer temporary contracts that include all expenses and services, with prices ranging between USD 550 and USD 700 per month.
Modern, bright apartments finished with resistant materials are key to attracting demand
Pérez de Graffe said that “today's developments cannot lack a wide range of amenities, from swimming pools and gyms to spaces for coworking and events, which makes them an attractive option for both residents and investors.”
Platense heading
The demand for apartments in green areas on the outskirts of La Plata, especially in areas such as City Bell and Villa Elisa, has experienced a significant increase post-pandemic.
Access area in new proposal located in the La Plata district
Work flexibility and hybrid work drove the search for homes with green spaces and a better quality of life. These apartments offer multiple advantages, such as advanced security systems and maintenance of common areas, which makes them attractive to an audience that values comfort and nature.
According to Germán Otero Rossi, from Inmobiliaria Otero Rossi, he acknowledged to Infobae that “the majority of buyers belong to the ABC1 segment and are mainly end users. However, there is also a minority of investors attracted by the high profitability that these properties offer, especially under the temporary rental modality.”
In terms of prices, finished homes vary between USD 2,000 and USD 3,000 per m2, depending on the location and finishes.
“The apartments usually have two or three rooms, with sizes ranging from 55 m2 to 100 m2. As for the finishes, high quality materials are used such as natural quartz for the countertops and marble-like porcelain tiles in the bathrooms,” described Otero Rossi.
Quartz countertops and porcelain floors predominate among those who build homes when applying finishes
In the field of temporary rentals, the rent can triple the value of a traditional rental. The apartments are hired fully equipped and are usually for a maximum period of three months.
The approximate rental values for a two-room apartment are $175,000, while for three rooms they amount to $250,000 per month.
“These data reflect the growing demand for this type of properties in an area that is becoming established as an attractive residential and tourist area,” concluded Otero Rossi.
www.buysellba.com
