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Apartment Rental Holidays in a gated community: demand for summer rentals grew by 40% compared to last season - Infobae

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Holidays in a gated community: demand for summer rentals grew by 40% compared to last season - Infobae

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October 26, 2024


High prices on the Atlantic Coast have sparked interest in houses with pools, both in affordable and luxurious options. Which are the most sought-after properties?



By Jose Luis Cieri





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The pool, grill and garage cannot be missing in the houses for rent in the private neighborhoods (Illustrative Image Infobae)

Demand for summer rentals in gated communities registered a 40% increase compared to the previous year. The context of 2023, marked by the uncertainty of an election year and the lack of definition in several economic aspects, had led several to postpone rental decisions for these developments.



However, the recovery of this segment and the search for security and quality of life, especially in the summer months, drove greater interest in properties in exclusive areas of Greater Buenos Aires (GBA).

Currently, the interest in these areas with large green spaces and exclusive amenities, such as 24-hour security, nautical activities and peaceful surroundings, has led both families and groups of friends to look for options from the beginning of the season.



"This trend reflects a growing need to disconnect without straying too far from the city and responds to the desire to enjoy vacations in an enclosed environment, especially after the uncertainty of recent years," Gustavo Iglesias , from Iglesias Negocios Inmobiliarios, told Infobae.

For December, January and February, rental enquiries are at normal levels. Interested parties are exploring everything from affordable options to luxury properties within gated communities.



Iglesias explained that in Nordelta rental prices vary between USD 3,000 and USD 10,000, depending on the characteristics of each neighborhood. Tipas and Castaños, within the so-called city-town , stand out for offering more affordable options, with prices ranging between USD 3,000 and USD 3,500 for January 2025.



The minimum rental agreements in these developments are usually for one month. In Nordelta, most neighborhoods offer swimming pools, tennis courts, and some also soccer fields and paddle tennis courts.


In contrast, high-end properties in Nordelta, which are typically located in neighborhoods with lake views and larger lots, start at USD 6,000 and go up to USD 10,000 per month.





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Nordelta is among the most sought-after neighborhoods for summer vacations, they usually have more than 3 bedrooms, family room and garage

“To rent, an online criminal record certificate is required for all adults, proof of income and a deposit equivalent to one month's rent, as is usual in these high-end developments,” said Iglesias.

Between Pilar and Escobar

Demand for rentals in gated communities is also growing among those who work remotely and seek to combine their work with moments of relaxation by the pool or outdoors.

Ariel José Córdoba , from Córdoba Properties, highlighted that the private neighborhoods in Pilar and Escobar, such as Puertos, are among the most sought after due to their easy connectivity with CABA and amenities such as sports areas, lakes and gastronomy. “Temporary rent for January in these areas ranges between USD 2,500 and USD 7,500, depending on the characteristics of the property.”

As for more affordable options, in Bella Vista, San Miguel district, rentals can be found from USD 1,500 in January, dropping to USD 1,300 in February and USD 1,100 in December and March.





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In Puertos, in Escobar, residents prioritize water activities

“For those looking for apartments, the Lagoon Pilar complex offers units with a 500-meter artificial lagoon, ideal for water sports. Apartment prices vary, starting at USD 1,500 for a studio apartment in January, while a one-bedroom apartment ranges from USD 2,500 to 2,800 per month,” Córdoba added.

When renting for the entire season (December to February), a discount of up to 20% is offered, which is attractive for families planning longer stays.

“The requirements include payment of the month in advance, deposit, real estate commission and basic services, which vary depending on the neighborhood,” said Córdoba.

West

Rental prices for houses with three and four rooms or more in Ituzaingó, Moreno and General Rodríguez vary depending on location and amenities. Those with a garden and pool cost between USD 1,000 and USD 2,000, while in developments with courts and shared pool prices exceed USD 2,500 per month.

Agustín Vaccaro , from Grupo Vaccaro, commented that demand grew due to the high costs on the Argentine coast: “This year we saw greater interest in houses with their own pool, large parks and galleries, as well as a surprising inquiries about temporary apartments in developments such as María Eugenia R&V, where owners obtain a high rate of return.”





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Haras Maria Victoria, a proposal located in the Ituzaingó area

For more affordable options, three-bedroom houses without a pool can be found in the neighborhoods of Moreno and General Rodríguez from USD 700 per month, ideal for those seeking security and green spaces without the additional costs of sports amenities.

High-end properties, on the other hand, range in price from $2,500 to $5,000 per month, depending on amenities.

Vaccaro explained: “These developments usually offer heated swimming pools, large gardens and, in some cases, access to a golf course, creating an atmosphere of exclusivity and comfort.”

The <i>Pillar of the South</i>

In the Canning area, summer rentals in gated communities vary depending on the characteristics of each development and property.

Sabrina Zapico , from SZ Canning Properties, said that houses in developments with basic amenities, such as soccer fields, tennis courts and swimming pools, start at USD 2,000 per month. In more exclusive neighborhoods, with lagoons, beaches and even golf and polo fields, prices range between USD 3,500 and USD 7,000.

This year, demand remains high in these gated communities. Properties with access to the lagoon are the most sought after, although there are few available.

“We noticed that families prefer houses with large capacity, and the prices are competitive compared to Pinamar or Cariló,” Zapico added.

For those looking for more affordable options, the cheapest prices in Canning are around USD 2,000 per month. Canning has established itself as a strategic location for those who need to combine vacations and work, given its connectivity with the capital.

Annual rentals offer savings, with houses starting at $800 and apartments starting at $400 per month. For high-end properties, in neighborhoods like Terralagos, La Providencia and St. Thomas, “monthly rents start at $3,500 and go up to $7,000, including activities like golf and water sports,” according to Zapico.

The Silver

In the northern area of La Plata, summer rentals in gated communities located between City Bell, Gonnet and Villa Elisa range from USD 1,500 to USD 4,000 per month, plus expenses.

The most sought-after properties are located in neighborhoods that offer security, green spaces and additional services.





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Prices vary depending on the layout, construction quality and amenities of each property (Photo Courtesy: PINT)

Dolores Otero Rossi , from Inmobiliaria Otero Rossi CB, observed that demand is increasingly more demanding, prioritizing amenities such as multipurpose rooms, swimming pools, gardens, and gyms. “Tenants are looking to disconnect from their daily routine and cannot miss a grill and a gallery.”

This has led to more and more neighborhoods incorporating services such as saunas, restaurants and even small markets, to offer more services.

Renting for the entire season (December to February) usually involves a negotiable discount between the parties, which allows for valuable continuity for both. Among the most sought-after neighborhoods in the capital of Buenos Aires are Miralagos, Grand Bell, and Lomas de City Bell, among others.

“Temporary rentals are handled like traditional ones: a security deposit is required, as well as real estate fees and documentation proving solvency, such as pay stubs and a property guarantee or surety bond, to ensure the owner's confidence,” concluded Otero Rossi.


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