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Real Estate News More stable rental income - Reporte Inmobiliario

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More stable rental income - Reporte Inmobiliario



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Source:



February 14, 2024



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In January, the overall annual gross rent for used apartments was close to 4%. Detail of profitability by neighborhood for used apartments in CABA

Based on the data from January 2024, the average annual gross profitability of the apartments used from 1 to 4 rooms reached 3.94%.

This arises from the comparison of the average values of the 1,169 units offered for formal rental in pesos, published in internet search engines that can be identified and georeferenced reliably, and their counterpart of homogeneous units offered for sale in each neighborhood of the city.

The gross annual income grew compared to the same month of the previous year since in January 2023 the general average was 3.48% annually.

However, it must be considered that this profitability is the one obtained in the first month of the start of the rental and that now, starting with the DNU that repealed the rental law, it will depend on the agreed update rate so that it is maintained or diluted If the purchase and sale value of the property is considered stable. It is valid to point out that since the new contracts mostly resort to an adjustment in shorter periods, the rent would remain more stable, making the investment somewhat more attractive since previously with the validity of the rent law that prevented updating before the year and then After 6 months, a drop in the real rental price and a profound decrease in profitability was quickly caused in a context of high inflation.

Regarding the average rental profitability at the beginning of a rental contract in pesos of used unfurnished units, 3-room apartments provide an average annual gross income of 3.98%, while 2 and 4-room apartments provide 3.98%. 97% annually, while the profitability of an average studio apartment in the city reached 3.83%


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