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Neither Olivos nor Nordelta: the unexpected neighborhood that emerges as one of the most expensive in the northern area to rent - La Nación Propieddes
Source:
www.lanacion.com.ar
June 13, 2024
In the competitive real estate panorama of the northern area, developments arise in the least thought of places that are committed to the growth of the place and that the demand is already validating.
By Candle Contreras
Rincón de Milberg offers the possibility of living surrounded by nature but without losing urban lifeRicardo Access
Aneighborhood emerges as an attraction for those who are thinking about investing in a property to rent : it is Rincón de Milberg , in the northern area of Greater Buenos Aires . A few minutes from the center of Tigre , delimited from Liniers Avenue and positioned as the first access to the City of Buenos Aires from the homonymous district corridor , is this option that many people choose to live in an environment surrounded by nature. , but without sacrificing urban life .
In recent months, Rincón de Milberg has climbed positions in terms of rental prices, placing itself on the podium of the most expensive neighborhoods in the northern zone , with an average of $455,320 for a used apartment , according to the latest Zonaprop report , while in The case of a brand new one is around $488,162 . These figures reflect an upward trend in property valuations in this neighborhood. In comparison : in May, the average value of a two-bedroom apartment in the most expensive neighborhoods was $510,221 for La Lucila, $491,967 in Vicente López and $479,366 in Olivos. .
Furthermore, this area of the Tigre district goes beyond its rental prices : with a profitability rate of 4.5%, the area offers an attractive return for investors , with an approximate estimate of 22 years to fully recover the investment initial.
It is a great alternative for those looking to live surrounded by nature but without sacrificing urban life.Ricardo Access
“ People are looking for that green that they don't have in the city of Buenos Aires. Everything about the river coast is what attracts, but with a different life than that of Vicente López and San Isidro,” says Alejandro Soto Acebal, advisor at Mieres Propiedades in Rincón de Milberg. Developments in the area cannot have more than four floors , which is why it is characterized by preserving the architecture of low houses.
Furthermore, “many investors who bought well units and then sold them are choosing to keep them both for their own use and to use them for rent,” says Marcelo Ávila, development manager at Bellagamba Properties, which markets real estate in the area. Since, since there is no regulatory framework between what is considered traditional and temporary rental - after the repeal of the rental law - " it can be rented for three or six months, while the rest of the time is used by the owner." ”He adds.
Rincón de Milberg is known for its tree-lined streets and proximity to the riverRicardo Access
In this area, some examples of apartments for rent published on Zonaprop are available for the following monthly values:
In turn, the advisor of Mieres Propiedades in Rincón de Milberg, says that one of the most in-demand products in the area are duplexes , since "they are assimilated to an apartment, but with life more like a home," he says. In these cases, there are very few that can be found on sale and with advantageous rental prices that vary between US$700 and US$800 per month .
The sale price of duplex houses is between US$700 and US$800/m2Ricardo Access
“ There are two types of public in Rincón de Milberg : the investor who saw the development boom since the birth of Nordelta and who with that capitalized investment seeks to replicate the model; but also the one who, after the pandemic, saw that the income in this area was higher than average due to the interest that people had in having their own green space,” explains Alan Flexer, Entrepreneurship Manager at Inmobiliaria Narvaez.
The Victorica Street area has several new projectsRicardo Access
For example, on the edge of the Reconquista River and located on Santa María de las Conchas Avenue at 2000 that connects with the Nordelta Shopping Center, is Ventura al Río. The development is located on a 2,800 m² plot of land and has 68 apartments of various types divided into four floors . As for the prices when buying in the building, which has already been delivered and 90% of its units have been sold, there are one-room apartments of 40 m² for US$2,400/m² , two rooms of 60 m² for US$2200/m² , and the three 80 m² rooms for US$2100 per square meter .
Another alternative, within the private complex projects, is that of Sunny. There are 109 houses of 196 m² and four rooms, with the possibility of three bedrooms or two bedrooms with a playroom, which will be delivered in December 2025. The prices of the units are US$225,000 , and can be paid with a 30% advance in dollars and the rest in 36 installments in dollars.
A residential project with 109 houses of 196 m2
www.buysellba.com
Source:
Ni Olivos ni Nordelta: el impensado barrio que surge como uno de los más caros de zona norte para alquilar
En el competitivo panorama inmobiliario de la zona norte, surgen desarrollos en los lugares menos pensados que apuestan al crecimiento del lugar y que la demanda ya está convalidando
www.lanacion.com.ar
June 13, 2024
In the competitive real estate panorama of the northern area, developments arise in the least thought of places that are committed to the growth of the place and that the demand is already validating.
By Candle Contreras
Rincón de Milberg offers the possibility of living surrounded by nature but without losing urban lifeRicardo Access
Aneighborhood emerges as an attraction for those who are thinking about investing in a property to rent : it is Rincón de Milberg , in the northern area of Greater Buenos Aires . A few minutes from the center of Tigre , delimited from Liniers Avenue and positioned as the first access to the City of Buenos Aires from the homonymous district corridor , is this option that many people choose to live in an environment surrounded by nature. , but without sacrificing urban life .
In recent months, Rincón de Milberg has climbed positions in terms of rental prices, placing itself on the podium of the most expensive neighborhoods in the northern zone , with an average of $455,320 for a used apartment , according to the latest Zonaprop report , while in The case of a brand new one is around $488,162 . These figures reflect an upward trend in property valuations in this neighborhood. In comparison : in May, the average value of a two-bedroom apartment in the most expensive neighborhoods was $510,221 for La Lucila, $491,967 in Vicente López and $479,366 in Olivos. .
Furthermore, this area of the Tigre district goes beyond its rental prices : with a profitability rate of 4.5%, the area offers an attractive return for investors , with an approximate estimate of 22 years to fully recover the investment initial.
It is a great alternative for those looking to live surrounded by nature but without sacrificing urban life.Ricardo Access
“ People are looking for that green that they don't have in the city of Buenos Aires. Everything about the river coast is what attracts, but with a different life than that of Vicente López and San Isidro,” says Alejandro Soto Acebal, advisor at Mieres Propiedades in Rincón de Milberg. Developments in the area cannot have more than four floors , which is why it is characterized by preserving the architecture of low houses.
Furthermore, “many investors who bought well units and then sold them are choosing to keep them both for their own use and to use them for rent,” says Marcelo Ávila, development manager at Bellagamba Properties, which markets real estate in the area. Since, since there is no regulatory framework between what is considered traditional and temporary rental - after the repeal of the rental law - " it can be rented for three or six months, while the rest of the time is used by the owner." ”He adds.
Rincón de Milberg is known for its tree-lined streets and proximity to the riverRicardo Access
In this area, some examples of apartments for rent published on Zonaprop are available for the following monthly values:
- A one-bedroom, 70 m² unit at Aníbal González at 800, will rent for $580,000
- A one-bedroom apartment of 60 m², located at José Martí 600, is rented for $350,000
- A 43m² one-bedroom apartment on 9 de Julio 600 is listed for $430,000.
In turn, the advisor of Mieres Propiedades in Rincón de Milberg, says that one of the most in-demand products in the area are duplexes , since "they are assimilated to an apartment, but with life more like a home," he says. In these cases, there are very few that can be found on sale and with advantageous rental prices that vary between US$700 and US$800 per month .
The sale price of duplex houses is between US$700 and US$800/m2Ricardo Access
Invertir and Rincón de Milberg
When thinking about buying a property in the Rincón de Milberg area, the publication prices per square meter on average are around US$2,583 . In the case of brand new units, the value is around US$2,690 and US$2,880 for those in a well , according to Zonaprop. In turn, sales values depend on the characteristics of the developments and location.“ There are two types of public in Rincón de Milberg : the investor who saw the development boom since the birth of Nordelta and who with that capitalized investment seeks to replicate the model; but also the one who, after the pandemic, saw that the income in this area was higher than average due to the interest that people had in having their own green space,” explains Alan Flexer, Entrepreneurship Manager at Inmobiliaria Narvaez.
The Victorica Street area has several new projectsRicardo Access
For example, on the edge of the Reconquista River and located on Santa María de las Conchas Avenue at 2000 that connects with the Nordelta Shopping Center, is Ventura al Río. The development is located on a 2,800 m² plot of land and has 68 apartments of various types divided into four floors . As for the prices when buying in the building, which has already been delivered and 90% of its units have been sold, there are one-room apartments of 40 m² for US$2,400/m² , two rooms of 60 m² for US$2200/m² , and the three 80 m² rooms for US$2100 per square meter .
Another alternative, within the private complex projects, is that of Sunny. There are 109 houses of 196 m² and four rooms, with the possibility of three bedrooms or two bedrooms with a playroom, which will be delivered in December 2025. The prices of the units are US$225,000 , and can be paid with a 30% advance in dollars and the rest in 36 installments in dollars.
A residential project with 109 houses of 196 m2
www.buysellba.com
