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Properties: the 3 neighborhoods where a rented apartment yields the best income - Infobae
Source:
www.lanacion.com.ar
October 16, 2024
The areas are a good option for investors looking to buy properties to rent out
The La Boca neighborhood is one of the most profitable in the city of Buenos Aires to invest in a property to rent.Javier Picerno
When looking for a property to invest in and make its rental profitable , you have to analyze all the options, even those that are not usually on the radar . Because although the neighborhoods with the highest rental prices are: Puerto Madero, Palermo and Núñez, they are not the ones that generate the best returns for the owners.
In this sense, there are areas with bargain prices that leave better profits than the top neighborhoods mentioned above. For example, and despite having one of the lowest prices per square meter in the entire Autonomous City of Buenos Aires, La Boca is one of the neighborhoods where rents leave the highest income : 5.8% in September , according to the latest report from Zonaprop.
“ It only takes 17 years to recover the investment , unlike Belgrano or Palermo, which require approximately 26 years,” compares Leandro Molina, director of Zonaprop .
With a listed sale price of US$1,565/m², the area is among the 10 cheapest in the City of Buenos Aires . “ La Boca is far from being a forgotten market, although it is true, like many other neighborhoods, that it does not have an active dynamic without financing or credit . This neighborhood, like all others, also has certain more active sectors, such as those closest to and bordering Parque Lezama and Barracas,” analyzes José Rozados, director of Reporte Inmobiliario.
This is what the markets of La Boca look like in the tourist area of Caminitotwitter.com/dualipanotic/
In numbers, the index establishes that the average rent for a one-bedroom apartment in this neighborhood was around $437,152 in September. However, this area, which is one of the most visited by tourists, is the third most profitable in the ranking after Villa Lugano, which leaves an annual 7.6% in dollars, and Parque Avellaneda, where the profit is around 5.9% . But the surprising fact is that although these last two areas are the ones that leave the highest rent, they are not the ones where the rent is on the rise. In fact, in Villa Lugano it was one of the areas where the margin worsened: it fell 10.8% in the last year, while in Parque Avellaneda, this variation was 1.2% respectively. “On the other hand, in La Boca the improvement in the last 12 months was 10%,” says Molina. That is to say, the neighborhood that worships tango is the one that showed the greatest improvement among those that leave the highest profit.
This tavern, one block from the Bombonera, is a classic in La Boca.Ricardo Pristupluk - LA NACION
Looking to the future, industry specialists do not rule out an increase in sales of properties located in the neighborhood that worships football and tango. “ The influence of long-term mortgage credit can be transcendental, especially for those who do not have 100% of the capital to buy in cash,” analyzes the man who runs ZonaProp.
Another phenomenon in the rental market is that the most sought-after neighborhoods are those that take the longest to recover the investment in a rental property.
Puerto Madero is one of the neighborhoods with the most expensive square meters in the city
The three most expensive neighborhoods in terms of the value of the square meter and the rental price are: Palermo, Puerto Madero and Belgrano, but they are also the ones that generate the lowest annual rental return for the investor and the ones that take the longest to recover the investment in the property. The same September report, in turn, established that Palermo is the second neighborhood with the lowest rent: 3.7%, annually in dollars, the same as Puerto Madero .
Finally, Palermo is the third most expensive neighborhood to rent a two-room apartment ( $569,212 ). “In this neighborhood it takes 26 years to recover the initial investment . However, Palermo had an improvement in the annual variation of 29.2% of profitability,” concludes Molina.
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Source:
Propiedades: los 3 barrios en los que un departamento alquilado deja la mejor renta
Las zonas son una buena opción para los inversores que buscan comprar propiedades para alquilarlas
www.lanacion.com.ar
October 16, 2024
The areas are a good option for investors looking to buy properties to rent out
The La Boca neighborhood is one of the most profitable in the city of Buenos Aires to invest in a property to rent.Javier Picerno
When looking for a property to invest in and make its rental profitable , you have to analyze all the options, even those that are not usually on the radar . Because although the neighborhoods with the highest rental prices are: Puerto Madero, Palermo and Núñez, they are not the ones that generate the best returns for the owners.
In this sense, there are areas with bargain prices that leave better profits than the top neighborhoods mentioned above. For example, and despite having one of the lowest prices per square meter in the entire Autonomous City of Buenos Aires, La Boca is one of the neighborhoods where rents leave the highest income : 5.8% in September , according to the latest report from Zonaprop.
“ It only takes 17 years to recover the investment , unlike Belgrano or Palermo, which require approximately 26 years,” compares Leandro Molina, director of Zonaprop .
With a listed sale price of US$1,565/m², the area is among the 10 cheapest in the City of Buenos Aires . “ La Boca is far from being a forgotten market, although it is true, like many other neighborhoods, that it does not have an active dynamic without financing or credit . This neighborhood, like all others, also has certain more active sectors, such as those closest to and bordering Parque Lezama and Barracas,” analyzes José Rozados, director of Reporte Inmobiliario.
This is what the markets of La Boca look like in the tourist area of Caminitotwitter.com/dualipanotic/
In numbers, the index establishes that the average rent for a one-bedroom apartment in this neighborhood was around $437,152 in September. However, this area, which is one of the most visited by tourists, is the third most profitable in the ranking after Villa Lugano, which leaves an annual 7.6% in dollars, and Parque Avellaneda, where the profit is around 5.9% . But the surprising fact is that although these last two areas are the ones that leave the highest rent, they are not the ones where the rent is on the rise. In fact, in Villa Lugano it was one of the areas where the margin worsened: it fell 10.8% in the last year, while in Parque Avellaneda, this variation was 1.2% respectively. “On the other hand, in La Boca the improvement in the last 12 months was 10%,” says Molina. That is to say, the neighborhood that worships tango is the one that showed the greatest improvement among those that leave the highest profit.
This tavern, one block from the Bombonera, is a classic in La Boca.Ricardo Pristupluk - LA NACION
Looking to the future, industry specialists do not rule out an increase in sales of properties located in the neighborhood that worships football and tango. “ The influence of long-term mortgage credit can be transcendental, especially for those who do not have 100% of the capital to buy in cash,” analyzes the man who runs ZonaProp.
Another phenomenon in the rental market is that the most sought-after neighborhoods are those that take the longest to recover the investment in a rental property.
Puerto Madero is one of the neighborhoods with the most expensive square meters in the city
The three most expensive neighborhoods in terms of the value of the square meter and the rental price are: Palermo, Puerto Madero and Belgrano, but they are also the ones that generate the lowest annual rental return for the investor and the ones that take the longest to recover the investment in the property. The same September report, in turn, established that Palermo is the second neighborhood with the lowest rent: 3.7%, annually in dollars, the same as Puerto Madero .
Finally, Palermo is the third most expensive neighborhood to rent a two-room apartment ( $569,212 ). “In this neighborhood it takes 26 years to recover the initial investment . However, Palermo had an improvement in the annual variation of 29.2% of profitability,” concludes Molina.
www.buysellba.com
