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Property prices in the northern area are increasing half of what they are in CABA - La Nacion Popiedades
Source:
January 17, 2025
The AMBA real estate market shows clear signs of recovery, although with significant differences in values between areas and localities
The real estate market in Greater Buenos Aires shows signs of recovery but the disparity in growth between GBA North and CABA is wideIgnacio Sanchez
Read the summary and glossary generated by artificial intelligence.
The real estate market in the Buenos Aires Metropolitan Area (AMBA) experienced a change of trend in 2024 , marked by a moderate increase in square meter prices . This recovery began in 2023, when values stopped falling in all areas, and the past is consolidated with an accumulated growth of 3.1% in the northern area of Greater Buenos Aires (GBA) , while the growth recorded in the city of Buenos Aires (6.8%) in the same period doubles it.
According to the report shared by the real estate portal Zonaprop , the market in GBA north shows signs of recovery , with an increase per square meter of 0.4% in December and located at US$2,332 on average.
In this area, a one-bedroom apartment costs US$111,109 , while a two-bedroom apartment costs US$164,725 . In this case, 63% of the neighborhoods registered year-on-year increases, with La Lucila standing out as the most expensive, with an average price of US$3,267/m². Vicente López and Olivos follow, with average values of US$3,238/m² and US$2,942/m², respectively. In contrast, the cheapest neighborhoods to buy an apartment are: Parque San Miguel, with an average price of US$757/m² ; Barrio Infico (US$935/m²) and Grand Bourg (US$954/m²).
The neighborhoods with the square meter prices located in the middle zone are:
The year-on-year increases by neighborhoods in the northern zonezoneprop
In December 2024 , the average price per square meter in GBA West-South was US$1,606/m² , with no significant changes compared to previous months. In this area, a two-room apartment reaches an average value of US$80,450 , while a three-room apartment sells for US$116,210 .
As for values by neighborhood, 53% of the areas in the area registered year-on-year increases . Tristán Suárez leads as the most expensive neighborhood with a value of US$2,838/m², followed by Don Bosco (US$2,568/m²) and Villa Udaondo (US$2,368/m²). On the other hand, the most affordable neighborhoods are San José (US$416/m²), Don Orione (US$635/m²) and El Jagüel (US$788/m²).
In terms of profitability, Villa Tesei is positioned as the best neighborhood with a gross return of 8.3% , followed by Burzaco (7.6%) and Lomas del Mirador (7.5%) . The neighborhoods with the lowest return are Lomas de Zamora (4.7%) , Adrogué (5%) and Banfield (5.2%) .
GBA North , for its part, has a rent/price ratio of 4.85% per year , which represents a significant improvement compared to the previous year. Currently, it takes 20.6 years of rent to recover the initial investment, 24% less than in 2023 .
In this area, the neighbourhoods with the highest returns are Boulogne Sur Mer (11%), Belén de Escobar (7.7%) and San Miguel (7.4%). At the other end of the spectrum, Manuel Alberti (4.1%), Vicente López (4.2%) and La Lucila (4.3%) offer the lowest returns.
Bulogne Sur Mer and Belén de Escobar are the best neighborhoods for investors looking for rent in the northern area
www.buysellba.com
Source:
January 17, 2025
The AMBA real estate market shows clear signs of recovery, although with significant differences in values between areas and localities
The real estate market in Greater Buenos Aires shows signs of recovery but the disparity in growth between GBA North and CABA is wideIgnacio Sanchez
Read the summary and glossary generated by artificial intelligence.
The real estate market in the Buenos Aires Metropolitan Area (AMBA) experienced a change of trend in 2024 , marked by a moderate increase in square meter prices . This recovery began in 2023, when values stopped falling in all areas, and the past is consolidated with an accumulated growth of 3.1% in the northern area of Greater Buenos Aires (GBA) , while the growth recorded in the city of Buenos Aires (6.8%) in the same period doubles it.
According to the report shared by the real estate portal Zonaprop , the market in GBA north shows signs of recovery , with an increase per square meter of 0.4% in December and located at US$2,332 on average.
In this area, a one-bedroom apartment costs US$111,109 , while a two-bedroom apartment costs US$164,725 . In this case, 63% of the neighborhoods registered year-on-year increases, with La Lucila standing out as the most expensive, with an average price of US$3,267/m². Vicente López and Olivos follow, with average values of US$3,238/m² and US$2,942/m², respectively. In contrast, the cheapest neighborhoods to buy an apartment are: Parque San Miguel, with an average price of US$757/m² ; Barrio Infico (US$935/m²) and Grand Bourg (US$954/m²).
The neighborhoods with the square meter prices located in the middle zone are:
- Villa Rosa: US$2205/m
- El Cazador: US$1884/m
- Villa Ballester: US$1713/m
- Fátima: US$1560/m
- San Andrés: US$1392/m²
The year-on-year increases by neighborhoods in the northern zonezoneprop
The area that hardly increased in 2024
Sales prices in the west-south area of GBA accumulated an increase of 0.6%, the lowest in AMBA . However, prices are still far from the levels reached in July 2019, with falls still around 18.6%.In December 2024 , the average price per square meter in GBA West-South was US$1,606/m² , with no significant changes compared to previous months. In this area, a two-room apartment reaches an average value of US$80,450 , while a three-room apartment sells for US$116,210 .
As for values by neighborhood, 53% of the areas in the area registered year-on-year increases . Tristán Suárez leads as the most expensive neighborhood with a value of US$2,838/m², followed by Don Bosco (US$2,568/m²) and Villa Udaondo (US$2,368/m²). On the other hand, the most affordable neighborhoods are San José (US$416/m²), Don Orione (US$635/m²) and El Jagüel (US$788/m²).
Buy-to-let: record high since April 2016
The rental market in GBA West-South offers a rent/price ratio of 6.08% per year , reaching a historical maximum since April 2016. This implies that 16.5 years of renting are needed to recover the investment , 42% less than a year ago.In terms of profitability, Villa Tesei is positioned as the best neighborhood with a gross return of 8.3% , followed by Burzaco (7.6%) and Lomas del Mirador (7.5%) . The neighborhoods with the lowest return are Lomas de Zamora (4.7%) , Adrogué (5%) and Banfield (5.2%) .
GBA North , for its part, has a rent/price ratio of 4.85% per year , which represents a significant improvement compared to the previous year. Currently, it takes 20.6 years of rent to recover the initial investment, 24% less than in 2023 .
In this area, the neighbourhoods with the highest returns are Boulogne Sur Mer (11%), Belén de Escobar (7.7%) and San Miguel (7.4%). At the other end of the spectrum, Manuel Alberti (4.1%), Vicente López (4.2%) and La Lucila (4.3%) offer the lowest returns.
Bulogne Sur Mer and Belén de Escobar are the best neighborhoods for investors looking for rent in the northern area
www.buysellba.com
