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Property prices in the northern area and where to find the most affordable houses near the river - La Nacion Propiedades
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Los precios de las propiedades en zona norte y dónde se consiguen las casas más accesibles cerca del río
La zona norte de GBA, en las cercanías a la ciudad de Buenos Aires, ofrece una amplia variedad de opciones para aquellos que buscan casas cerca del verde y el río
www.lanacion.com.ar
February 3, 2024
The northern area of GBA, near the city of Buenos Aires, offers a wide variety of options for those looking for homes near the greenery and the river.
The northern corridor of Greater Buenos Aires (GBA) represents one of the real estate areas with the greatest demand by those looking for a property by those seeking proximity to greenery and the river.
The northern corridor of Greater Buenos Aires (GBA) represents one of the real estate areas with the greatest demand for those looking for a property. However, there is a large price gap depending on the microzone and where the property is located.
“The Avenida del Libertador corridor was historically considered more premium due to the river views , good access and the green environment that surrounds it. Today I would say that the new developments on Maipú Avenue incorporate many of these benefits with the possibility of obtaining more affordable prices. because the cost of land is lower ,” explains Alan Flexer, Entrepreneurship Manager at Inmobiliaria Narváez.
In concrete numbers, La Lucila , Vicente López and Olivos are the most expensive neighborhoods in the northern corridor with prices that defend US$3,275, US$3,185 and US$2,845 per average square meter respectively, according to the latest report by Zonaprop.
La Lucila, Vicente López and Olivos are the most expensive neighborhoods in the northern corridor.
Location is a key point when valuing a property but, without a doubt, the product is what weighs the most in the sale value. However, the same corridor may vary in values according to its section. In this sense, LA NACION put together a price range based on the information shared by brokers in the area:
- Libertador Corridor in Vicente López : US$3,200 to US$4,000
- Libertador Corridor in La Lucila : US$4000 to US$4300
- Libertador Corridor in Martínez or San Isidro : US$3000 to US$3400
- Maipú Corridor in Vicente López : US$2500 to US$3000
- Maipú Corridor in Olivos : US$2400 to US$2800
The Libertador corridor with views of the river is the area with the most expensive properties.
In turn, properties tend to rise in price the closer they get to the river. Flexer speaks of differences of between 10% and 15% in each microzone as they move away from the river. For example, the most expensive are found in the section from Libertador towards the river and then decrease in that percentage in the Libertador area to the Miter railway tracks, in the section of the tracks to Maipú, and finally from Maipú to get to Panamericana. This analysis raises the conclusion that the properties may have differences of up to 60% between the river and the Panamericana.
Where the most affordable properties near the river can be found
The most expensive areas are those near the river and are those chosen as privileged destinations, but in the search for affordable homes , there are two segments in which properties can be found located near the river but with lower than average prices.According to Maximiliano D'aria, he explains that the areas near the river are characterized by neighborhoods that could previously flood, “something that today has already been solved with infrastructure works, and where young families have settled who are looking for their first home nearby. of the green and the river , at affordable prices.” In specific cases, two stand out:
Lower San Isidro
In this area, which represents the sector located near several yacht clubs: between Perú and Del Barco Centenera streets , there are properties published in Zonaprop for the following values:- A seven-room, 360 m² house, at 900 Leloir Street, is sold for US$260,000.
- A five-room house of 209 m², on Roque Sáenz Peña Street, is estimated at US$280,000.
- A three-room duplex with a 60 m² garden, in Gaboto on the corner of Tiscornia, has a selling price of US$140,000.
- A three-room house with a 72 m² garage, at 200 Ribera Gaboto, is sold for US$245,000.
- A two-room property on a 202 m² lot on Leloir Street is listed for US$230,000.
Houses in the lower part of San Isidro
Under La Lucila
In this sector that includes properties on the banks of the river , the streets between Eduardo Ramseyer and the river , and between Roma and Bermúdez streets , are included . Some properties published in this sector are the following:- A four-room, 142 m² house, on Domingo de Acassusso and Eduardo Ramseyer, for US$297,000.
- A brand new triplex with an open view of the river, with four rooms and 165 m², for US$247,000.
- A property at Comandante Franco at 300, with three bedrooms and 183 square meters, has a sale price of US$350,000
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