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Real Estate News Fashionable Boulevard: The Buenos Aires neighborhood that surprises with investments in 800 homes and gastronomy - Infobae

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Fashionable Boulevard: The Buenos Aires neighborhood that surprises with investments in 800 homes and gastronomy - Infobae

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October 26, 2023



On that layout, 60 projects are being built with units provided with large balconies and contemporary design. Well properties start at USD 1,900 and brand-new properties range from USD 2,400 per m2.

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García del Río Boulevard attracts new building proposals that capture the interest of investors and neighbors who move to the Saavedra neighborhood.

On the margins of the city, far from the busy urban circuits, emerges the peaceful and promising neighborhood of Saavedra, which is experiencing constant growth and the incorporation of new real estate developments. With its large green space and a varied offer of outdoor activities, this layout of the northern corridor of the city of Buenos Aires has also become a magnet for gastronomic establishments that are revitalizing the landscape with proposals adapted to a dynamic lifestyle. and relaxed at the same time.

The core of the neighborhood is located in its extensive park of more than 14 hectares, from where García del Río Boulevard extends as a central element. This expansion covers eight blocks that extend between Cabildo and Saavedra Park, as well as nearby blocks, where more than 800 homes of various sizes are currently being built.

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García del Río and Avenida Cabildo, axis of the advancement of the neighborhood area (Google Street View)

In addition to Boulevard García del Río, streets such as Pinto, Conesa, Zapiola, Crámer, Jaramillo, Vilela and Paroissien are experiencing notable growth in the area.

Martín Lewi , from NIC Developers, highlighted to Infobae that “one of the reasons behind this expansion is that this area of the city is strategically connected and is close to services, public spaces, educational institutions, clubs, in addition to having been transformed in an attractive gastronomic hub that attracts both young people and families with children of school and high school age.”

This part of the city of Buenos Aires has several advantages, being located just 10 blocks from General Paz Avenue, steps from the Metrobus on Cabildo Avenue, and 14 blocks from Libertador, in addition to being 10 blocks from the Congreso de Tucumán on Line D of the subway.


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Map of the growing area in the northern Buenos Aires corridor. The main focus is between García del Río Boulevard and Saavedra Park.

Leonardo Ramos Couriel , of Ramos Couriel Real Estate, told Infobae : “Saavedra has become one of the most sought-after and fashionable neighborhoods, a phenomenon that is mainly due to its extensive green spaces, highly valued during the pandemic. Its landscape, characterized by low constructions such as houses, PHs and low-rise buildings, creates an environment with abundant light and green areas, which attracts those looking for spacious and bright spaces with a visual connection with nature.

What is built​

Regarding the ongoing developments in Saavedra, in front of the park and the boulevard, around 10 construction projects are being carried out, in addition to another 45 projects in nearby blocks.

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Dining room of one of the buildings that transform the area (Photo Courtesy: NIC Developers and Ramos Couriel Real Estate)

In this part of the neighborhood, studios, 1, 2 and 3-bedroom homes are being built with large windows and generous floor-to-ceiling heights that exceed 2.50 meters.

García del Río boulevard was transformed into an emblematic place in Saavedra, with wide sidewalks, green areas and recreational spaces. Outdoor activities, craft fairs and community events are held.
Brian Goischain , director of the developer Wild, told Infobae about a project in García del Río at 3600, which offers spacious units with terraced balconies, exposed concrete ceilings, and wood-like porcelain floors. “The kitchens are equipped with lacquered furniture and silestone-type countertops. The building has a swimming pool on the seventh floor with views of the park and underfloor heating system by sectors in each property. Most of the units are 2 and 3 room, and some are 4 room duplexes with gardens, grills and terraces,” he said.

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The quincho or SUM, a very privileged area to receive family or friends.

Another project, NIC Boulevard, designed by the Aisenson studio, offers units ranging from 1 rooms to 3 rooms with outbuildings, terraces and a private pool. The sizes of the homes range between 65 and 275 square meters.

It has focused on exposed concrete construction with black details, achieving homes that look like houses. Some of the properties have a private terrace and heated pool, and some include their own barbecue area and barbecue, aspects that are increasingly in demand in modern designs for family gatherings and friends.

The projects also offer a Multipurpose Room, solarium and gym, as well as coworking areas.

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García del Río at 3600, render of another project that will arrive in the area (Photo Courtesy: WILD, BEME and Keselman Arquitectos)

“The work is in the excavation process and the estimated completion date is the end of 2025. In total there will be 3,600 square meters,” Goischain said.

The sales values start at USD 1,900 per square meter and go up to USD 2,500, while brand new properties start at USD 2,200 and reach USD 2,800 per m2.

The homes start from USD 50,300 for studio apartments of 33 m2 up to USD 600,000 and 325 m2, if they are 4 rooms.

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On Pinto Street and near Saavedra Park there is a large presence of gastronomic businesses (Google Street View)

Purchasing in cash is an option, although most opt for financing, especially in well purchases.

Ramos Couriel explained that those who choose this modality can purchase in cash with a 30% payment upon signing the contract and the remaining balance in installments adjusted according to the Index of the Argentine Chamber of Construction (CAC). When it comes to brand new properties, for the most part there are no fees left to pay and 100% is paid upon signing the contract, although there are exceptions that allow a lower percentage to be financed until the deed of the property.

With future​

Saavedra presents dynamic areas near Barrio Miter, delimited between Ruiz Huidobro, Avenida Melián, Arias and Posta, especially near Boulevard García del Río.

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Bright homes are privileged (Photo Courtesy: NIC Developers and Ramos Couriel Real Estate)

Gustavo De Simone , CEO of Gustavo De Simone Soluciones Inmobiliarias, highlighted to Infobae that low-rise buildings predominate in these areas, with the exception of locations near avenues such as Cabildo. Proposals are combined with apartment units with their own or common patio, balconies or terraces. These projects offer a variety of units that include apartments with patios, balconies or terraces, whether for exclusive or shared use.”

In addition, the area has attracted a diversity of businesses, from bars and cafes to craft breweries, signature cuisine restaurants and other establishments such as bakeries.

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Some of the homes that top the buildings have their own terrace and pool (Photo Courtesy: NIC Developers and Ramos Couriel Real Estate)

The Saavedra neighborhood, which borders Núñez to the east, Coghlan and Villa Urquiza to the south, and the Vicente López district to the north, has historically been recognized for its residential character. However, it underwent a significant change after the modification of the Planning Code, which allowed the construction of taller buildings.

“This adjustment in regulations has motivated numerous developers to undertake new projects. The scarcity of land and the increase in its costs have led developers to explore areas that are still little urbanized and less intervened in search of new opportunities,” concluded De Simone.

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