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How much does it cost to move to a tower on Avenida del Libertador in the northern area? - La Nacion Propiedades
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Cuánto cuesta mudarse a una torre sobre la Avenida del Libertador en zona norte
Con el excluyente protagonismo de sus vistas al río, la avenida sigue posicionándose con oferta premium: qué hay de nuevo en la arteria más aspiracional de zona norte.
www.lanacion.com.ar
February 29, 2024
With the exclusive prominence of its views of the river, the avenue continues to position itself with a premium offering: what's new in the most aspirational artery in the northern area.
By Victoria Aranda y Candela Contreras
In the Libertador corridor, the area that is close to Capital is the one with the most developments and the highest price per square meter
Incredibly huge. This is what the Río de la Plata looks like from the 12th floor of a building located in the Libertador corridor , in Puerto de Olivos, which is also part of the landscape. It is a bright day and the blue of a cloudless sky offers its best contrast with the color of the water. Logically, the overall architectural design - large balconies, similar windows - takes advantage of the location which, from what we see, is truly privileged.
When the exclusivity of the Libertador corridor is referred to , almost first of all, these types of descriptions appear: dream landscapes that can only be found on the first line of the river . This represents one of the real estate areas with the greatest demand for those looking for a property.
The new projects necessarily enhance them and, adding investment, design and materials, they are presented as the most aspirational in the northern area . And yes: supply grows exactly there, in that segment, since demand continues to lose its activity.
“The first major real estate project that marked a turning point was the Horizons venture, developed by Irsa and Cirella,” recalls Leonor Achaval, director of Achaval & Cornejo , evoking the initiative developed on two entire blocks, 30,000 m² of land, which They became a luxury complex.
The Horizons towers were the first to transform the Libertador corridor in the Vicente López area
“Specifically, there were six 14-story towers with open views of the river , 14,500 m² of gardens and amenities, a project that was pioneering and attracted a new public with high purchasing power,” completes the broker, who points out that, from Since then, the corridor began to concentrate projects with innovative architecture, with an eye toward prioritizing open views of green areas and the river.
Location + amenities = exclusivity
If the description of the views illustrates what the architects enhance, the details of the projects explain what audience they aim for . Achaval provides those corresponding to Libertador Boulevard, the venture that it currently markets located in Vicente López, “in the center of this entire already consolidated corridor,” with 30 meters facing 1400 of the avenue.
Libertador Boulevard has 30 meters in front of 1400 Libertador.
It is an initiative located meters from the river, on a 3,600 m² plot of land: a 17-story tower on Libertador and a low five-story building on Juan Carlos Cruz street, with another 60-meter front. As a “great differential” there is a third building, of 1100 m², exclusively for amenities: swimming pools (heated and open deck) surrounded by green spaces, decks and dry spaces, spa and kids club, among others.
“Tower buildings with amenities located in that strip between Libertador and the river cost from US$3,000/m² ,” Achaval responded, asked about the values, and clarifying that two, three, four and five-room units with dependencies are available.
Miguel Ludmer, director of Interwin, adds reasons that help to understand why the area's growth has occurred: “The constant increase in offices, educational institutions, health centers, banks and financial establishments, along with an abundance of bars, clubs , restaurants and countless recreational spaces, have transformed this area and made it one of the most sought after and valued in the last 20 years.
The residential towers gained prominence in the traditional northern corridor
“The section of Avenida del Libertador at 1600 is the most dynamic area of Vicente López,” says Ludmer and highlights the Infinity Towers project, which has units with one, two, three and four bedrooms, in addition to its penthouses, which are three-bedroom residences. floors at the tops of buildings. “This proposal is not only based on its unique architecture, but also on its strategic location and the transformation of the surrounding area,” specifies the broker and highlights “architecture, design and nature combine to create a space that fuses the intensity of the city with the tranquility characteristic of the northern area.”
In relation to the benefits and services, Ludmer speaks of “concept amenities” , before listing them - swimming pools, gym, sauna, among others -, delving into the concept: “The towers were conceived to reflect the essence of a lifestyle, in balance, and with a touch of elegance.”
Infinity Towers is one of the projects on Avenida del Libertador northern area
Along this line, in Libertador at 2600 , near the port of Olivos, the TWO project is being marketed, two towers: the first consists of nine floors, with a semi-tower of four more levels, and the second, towards the tracks, of 13 floors. According to Daniel Salaya, president of Salaya Romera, the development consists of 57 residential units of two, three and four rooms in the pre-sale stage ranging from 50 to 170 square meters, and with values starting at US$2,700 and They reach US$3,700 dollars per square meter.
As for the office developments, at 2200 avenue and half a block from the Presidential Quinta, Lumiere, a seven-story building with floors measuring one thousand square meters, is in full commercialization, with 80% already sold. , which can be subdivided and purchased for US$3,200/m² from 150/m². “With a frontage of almost 50 meters, the last slab is being built and delivery is agreed for the end of 2024,” adds Salaya.
“The Libertador corridor located in the northern area of CABA and crossing General Paz is the one that has been presenting the greatest demand for offices by companies since 2021, after the pandemic, corporations began to move out of the microcenter towards this corridor ,” states Fernando Novoa Uriarte. , leader of the Transaction Management area for corporate offices in Newmark Argentina.
Further, closer
Although the proximity to Capital is the area with the most developments, the truth is that the ventures are expanding.According to Luciano Tenjeiro, director of TSF Desarrollos, La Lucila is presented as the most exclusive part of the corridor. And the latest Zonaprop index seems to prove him right: according to the source, it is the name that heads the list of the neighborhoods with the highest prices in the northern zone (US$3,905/m²); followed by Vicente López (US$3,292/m²) and Olivos (US$2,875/m²).
“ La Lucila, Vicente López and Olivos are presented as the neighborhoods that defend the most expensive sales prices, in relation to the rest of the area, since not only do they have the most expensive land, due to their proximity to the city of Buenos Aires, but it allows tall constructions from which you can see the river (in San Isidro and San Fernando constructions are allowed only on the ground floor and three floors),” adds Laura Porto, director of Inmobiliaria Narváez.
Along these lines, the real estate broker details the values that are presented in each sector of the corridor:
- Libertador Corridor from Vicente López to Olivos : in this area you can find well developments with values ranging from US$2,500 to US$3,000 per square meter. For their part, those that are under construction defend values from US$3,200 to US$3,500/m². While in a brand new property the highest values, with a river view, can reach up to US$5000/m², and without a view up to US$4500/m².
- Avenida del Libertador near San Isidro: in this area there are two well-marked sectors: Martínez and Acassuso. In both the developments are low (ground floor and three floors), with values a little lower than Vicente López: in well they can cost around US$2800/m², in construction US$3200/m², and US$3800/m² brand new.
- Avenida del Libertador in San Fernando : it is the sector with the cheapest square meter in the corridor. Starting on Uruguay Street, in low buildings, as in San Isidro, they have values close to US$2000/m² in well; around US$2,300/m² in construction and US$2,800/m² for a finished one.
An emblematic corner of La Lucila, a town that became a magnet for real estate developers looking north
One of the projects being built in La Lucila is Barlovento located on Avenida del Libertador at 4000. They are two 16-story towers, with large apartments, terrace balconies and state-of-the-art amenities; and a square meter that, today, starts at US$3,700. “ The exclusivity is given, in part, because it is a very residential neighborhood and because less public transportation reaches La Lucila,” completes the broker.
The specialist explains that the details of the neighborhood are important, since they also concern the buyer in the area: “People who sell their large houses located a few blocks away, but who do not want to be overcrowded, so they look for apartments of significant dimensions and continue living. in the neighborhood".
“The location has a plus, since the irregular terrain where the project is located allows a view that combines the delta, Colonia and also the local urban fabric,” details Tenjeiro, confirming once again the prominence of visuals in the corridor projects. , which, in this case, are 360 degrees.
Apartments that have river views can cost up to 25% more than the same unit on lower floors; The Selene project promises a view of Cologne
Another development in this sector of the corridor is Selene , the US$40 million investment project, located in Libertador at 3700. “It is one of the highest category buildings in the area, with full views of the river and the City of Buenos Aires ” explains Daniel Salaya. There are 40 high-rise luxury residences of between three, four, six and nine rooms, ranging from 120 to 500 square meters, with values starting at US$4000 to US$5500/m². The last apartments have already been delivered and it will be completely finished at the beginning of March 2024.
As for the Martínez area, in Libertador at 13000, a development that will be ready at the end of the year is Aloe, which consists of 20 two-room apartments and 75 square meters distributed on the ground floor and three floors. The value of the units is US$3,800 per square meter , of which 75% have already been sold.
The San Isidro area only allows low-level constructions and three stories in height.
Area under the magnifying glass
Both Tenjeiro, Achaval and Ludmer agree: the milestone that marked the takeoff of the area was the road corridor. According to Maxi D'Aria, owner of D'Aria Propiedades, the explosion of supply and demand is directly related to the code change, "modifying the riverside area, from Del Libertador to the river and its urban development, allowing growth of these neighborhoods.”
New towers abound in Vicente Lopez, on Avenida del Libertador 1400 to 1700 and 4000
Likewise, even with its variations, the offer belongs to and is focused on the same segment. “By allowing towers of up to 18 floors on large plots of land, the area began to be characterized by buildings with a wide variety of amenities, where the pool, gym, grill, SUM and private security became very characteristic. ", he adds, highlighting that Avenida del Libertador has always been and will continue to be the aspirational option for those who wish to live in the northern area.
But is Liberator perhaps incomparable? According to Javier Igarzabal, director of DIC Propiedades, the prices of exclusive towers can be between 20% and 30% above the Maipú Avenue corridor , another corridor that has grown a lot in the area , with quality offerings. although pointing to another segment.
“In recent years, it has grown positively in every sense,” continues the broker. “Today there are the best options for residential, commercial or office use. The developers, in addition to offering better proposals when thinking about common spaces, spaces to work and care for the environment, also propose mixed complexes to be able to live and work in the same place,” he concludes.
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