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Properties: The most sought-after area a few meters from Panamericana and close to the city has apartments from US$68,000 - La Nacion Propiedades
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Propiedades: la zona más demandada a metros de Panamericana y cerca de la ciudad tiene departamentos desde US$68.000
Buenavista, la ciudad de 15 minutos ubicada a pasos de la Panamericana, sigue sumando proyectos y ahora se lanzaron departamentos en formato studios bajo el concepto “home office pero fuera de casa”
www.lanacion.com.ar
December 16, 2023
Buenavista, the 15-minute city located steps from the Panamericana, continues to add projects and now apartments have been launched in studio format under the “home office but away from home” concept.
By Candelaria Reinoso Taccone
The Buenavista urbanization has closed neighborhood projects and also open neighborhoods with residential buildings, offices, clubs and schools.
Buenavista is in the heart of the North area, steps from the Panamericana. Located at kilometer 19 of the Panamericana, it emerges as a “15-minute city” while fusing the comforts of a closed neighborhood with the freedom of an open urbanization. It is a microzone between San Isidro, San Fernando and Tigre in which more than half of its 120 blocks are recreational spaces.
This project arises in response to the current decentralization trend, which has gained momentum as a consequence of the pandemic and responds to the growing people's search to live immersed in nature, thus reflecting the constant need for connection with more natural environments and far from urban life. Thus, this corner has established itself as a coveted epicenter, recognized as the Puerto Madero of the northern area, thus attracting a diversity of profiles of residents.
Buenavista is an open urbanization with gated communities, residential complexes, three schools, a shopping center and offices. It occupies 120 hectares at kilometer 19 of the Panamericana highway on the border of the districts of San Isidro and San Fernando.
Getting there from General Paz can take between five and 10 minutes, its access and strategic location is, perhaps, what explains why developers like Camps -creators of the Quartier brand-; Milagros Brito, from Vizora and owner of the Arboris label; and the Ayres development group were encouraged by projects in the area. “It is an urbanization that from the beginning has in its genesis the concept of a small city that does not lose validity over time: it breaks with the bars and understands the urban concept”, comments Bruno Emmer, one of the partners of RDR - the Swiss architecture, design and urban planning studio based in Buenos Aires created by Ignacio Dahl Rocha and Jacques Richter - who worked on the design of the center's common spaces. of offices, under construction.
The inspiration came from central European cities. Emmer gives as an example the neighborhood Les Cèdres in the Swiss city of Chavanne. “It has four guidelines that are key in a project: access, education, security and price. There are known cases of good, well-located ventures that are delayed in their development until the educational offer arrives,” explains Martín Mieres, who led the real estate company of the same name and one of the first men to believe in the potential of the area. Buenavista is accessed from Uruguay Street but also borders the Bancalari corridor.
This microzone, one of the most sought after in the northern area, is between San Isidro, San Fernando and Tigre
Iván Achaval, president of Achaval Cornejo, is amazed by the absorption capacity that the area has, since around 500 units were launched and sold this year. Along these lines, he explains that those who buy not only see an attractive place to live but also to do business: “There is nothing in the area sale, and what there is, sells dearly. Not to mention the rent that is taken out of your hands. The offices respond to the same trend because they are all already placed and the vacancies already completed ask for US$4000/m².
Taking this niche into account, developers Santiago Capurro and Andres Kalwill are moving forward with Buenavista Studios, a US$3 million investment project. “We do not compete with anything that is on the market. “We are aiming for the concept of a home office outside the home,” analyzes Kalwill, who acquired land in the neighborhood thanks to his relationship with the founding family of Buenavista. The link was established in 1997 during a transaction in which Kalwill purchased land in Callao and Las Heras that belonged to the family. The connection endured and advanced with the purchase of this property.
The project that seeks to satisfy the demand for studios for those who live nearby
“The idea behind this private studio complex is to provide a work environment that resembles home, but in an external space,” explains Kalwill. “With the pandemic, we have observed that people want to live outside the city and avoid traveling downtown to work. However, they also realize the importance of having an independent place to work outside their homes. This concept is aimed at those who reside in the area but are looking for independence, like that extra room,” analyzes the developer.
The interior of the units is designed for work spaces
The building will be composed of a commercial ground floor with semi-covered expansions and three studio floors at the beginning of 2026. Kalwill clarifies that units can be purchased and combined to configure larger spaces, thus adapting to the preferences of the residents. Those looking for properties with semi-covered expansion and balconies can choose units at the front, ranging from 28 m² to 34 m², while options without balconies at the rear range from 22 m² to 25 m². The work will be completed Prices range between US$62,000 and US$75,000, with an average of US$2700/m², where 33 units will be distributed, each with its own private bathroom.
The ventures
One of the first real estate projects was residential: Terrazas del Sol built in 2007, a trust at cost that was placed in just three months and where a two-bedroom was sold for US$55,000. In 2013, the project Santa Catalina was carried out, where a two-room apartment had sales values of US$105,000.However, the surprising fact is that real estate developments in the area are sold in record time. For example, this year 210 units of Open Buenavista, of US$70 million of investment were reserved in just an unprecedented sale four weeks. “It was marks an unparalleled level of demand in the history of real estate entrepreneurship,” comments Martín Boquete, director of Toribio Achával and the project broker.
Another of the neighbors is the project developed by Intecons, Pueblo Buenavista, which also managed to sell at an unusually fast pace. “We went on sale three weeks ago and of the 125 units, 110 were awarded to trustors in the first week,” says Ezequiel Camps, commercial director of Intecons.
The project of US$25 million combines three residential buildings of different types with a commercial and gastronomic sector on 25,000 m² and tickets that depart from US$95,000 and reach up to US$350,000. The project, which is expected to be completed in 26 months, also has funded payment plans. These consist of an advance payment of 25% in dollars and the rest is converted into pesos in installments updated by the CAC according to the progress of the work, which, they estimate, would begin in March 2024.
This is one of the projects that is being built in the area
Another of the ventures in which sales flew is Furó, located on a two-hectare plot of land. Propelled by an investment of US$80 million, the project sold 90 units to a friends and family in just two months without having opened its sale to the public, raising the equivalent of US$7 million. This is 42% of the 210 two- to four-room units that comprise the first stage of the project, which consists of two 12-story buildings that are expected to be completed by December 2026.
Currently, the lowest ticket is for two-room apartments that have a total of 61 m² and sell for US$120,000. The value scales to US$300,000 in the case of three-room units of 100 m², although there are units of this same type with a total of 120 m² and the largest ones are up to 200 square meters.
These prices can be paid through financing plans for the purchase of the first two towers, which includes the payment of an advance 30% of the total in dollars and 40 pesified quotas plus CAC. “The majority of buyers so far have decided to pay in cash, although there were some exceptions who opted for financing,” details Diego Rybka, partner and Commercial Director of Grupo UnoenUno. In other words, the price per square meter is US$2,000 without financing and rises to US$2,250 with a payment plan of more than three years.
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