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Real Estate News Election times: An opportunity to purchase the family home - La Nación Propiedades

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Election times: An opportunity to purchase the family home - La Nación Propiedades

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October 30, 2023

Election times: An opportunity to purchase the family home​


The post-election uncertainty and the offers of low-priced apartments for high square footage in traditional neighborhoods like Recoleta are the ideal scenario for families who dream of “their own home.”


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In these electoral times, families looking for their next home are once again betting on bricks. And, in this context, traditional neighborhoods of the City of Buenos Aires such as Recoleta draw attention when choosing where to keep your savings.

The low cost per meter, the privileged location and the proximity to first-class institutions are some of the factors that currently highlight the departments in the area. While the honesty of values has accommodated prices, electoral uncertainty led to acceleration of real estate operations. The result was an increase in the number of inquiries, particularly for “family homes”: properties with numerous rooms, good lighting and amenities for the routine of a typical family.

“Argentina usually has interest in investing in the real estate market, but today we really find ourselves facing an opportunity to purchase a family home. For those who are looking for a way to shelter savings, it is an excellent time to acquire properties in these areas of good category, well located, with a footage of more than 140 m2 or even 150 m2, with historically well-off values,” explains Carola Fernández Berisso, manager of the residential sector of Achaval Cornejo.

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Recoleta stands out today for its low cost per meter, its privileged location and its proximity to top-level institutions.

Among the most sought after by new owners, importance is given to the number of bedrooms and the presence of large balconies and terraces that provide comfort to families. In addition to the space inside the house, the location and services are also key before scheduling a visit to a building.

The next family home​


Choosing where the next home will be is not an easy task, since it must be close to institutions such as top schools and universities for the education of children, green spaces and services such as supermarkets and commercial premises to supply the house.

“Locations like Recoleta stand out when planning family life. Streets in constant movement, such as Arenales and Marcelo T. de Alvear, are sought-after locations for their proximity to everything. That there are quality institutions nearby is essential for the election,” highlights Fernández Berisso.

In the educational field, the proximity to options such as the Escuela Argentina Modelo, Colegio Jesús María, San Agustín, Marista Champagnat, del Salvador and Mallinckrodt, is advantageous for families in the area with school-age children. Green areas are also valued to explore in the afternoons or on weekends, such as Parque Carlos Thays and Plaza Francia.

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The proximity to green areas such as Carlos Thays Park and Plaza Francia is also highly valued.

For university students, both the National Library and the faculties, as well as the variety of bus lines and subway line D, work like a magnet.

The lower prices for a large number of meters and the advantages of a recognized and traditional area like Recoleta opens new category opportunities for future buyers of a property in the city.



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