Real Estate News Rentals: how much does a two-bedroom apartment cost - La Nacion Propiedades

[BuySellBA]

Rentals: how much does a two-bedroom apartment cost - La Nacion Propiedades



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Alquileres: cuánto cuesta un tres ambientes barrio por barrio

Los más caros, los más baratos y los que ofrecen valores intermedios: 15 barrios de CABA donde es posible encontrar departamentos de tres ambientes apto para todos los presupuestos

www.lanacion.com.ar

June 12, 2024

The most expensive, the cheapest and those that offer intermediate values: 15 neighborhoods in CABA where it is possible to find three-room apartments suitable for all budgets

Palermo is the most expensive neighborhood to rent a two-bedroom apartment Daniel Karp

The rental prices of apartments in the city of Buenos Aires , although they continue to increase, registered a strong deceleration for the fourth consecutive month: after the increase of 18.6% and 21% in December and January respectively , in May The increase was 2.3% compared to the previous month, according to the latest Zonaprop report .

In numbers, two-bedroom , 70 m² apartment in the city of Buenos Aires rents on average for $588,039.

This slowdown in publication values is evidenced by the significant increase in the supply of apartments intended for rent : it has reached 160% since the beginning of this year ; after the repeal of the rental law on December 29, 2023, when the DNU came into force.

The supply of apartments for rent rose 160% since the beginning of the yearPhoto by Maria Ziegler on Unsplash

Which are the most expensive and cheapest neighborhoods to rent a three-room apartment in CABA?​

The real estate portal publishes the average monthly prices of three-room apartments in the different neighborhoods of the city, according to the area in which the properties are located, the prices vary as follows :

The most expensive in the city​

• Palermo: $718,700
• Núñez: $714,300
• Saavedra: $712,500
• Coghlan: $693.800
• Villa Urquiza: $692,900

The cheapest per month​

• Mataderos: $455,600
• Liniers: $460,100
• Constitution: $471,200
• Monte Castro: $483.100
• Floresta: $483,200

Intermediate prices​

• Villa de Parque: $589,100
• Caballito: $588,100
• Villa Pueyrredón: $582,600
• Boedo: $579,900
• Villa General Mitre: $565.900

Palermo is the most expensive neighborhood to rent in the cityFabián Marelli - LA NACION

How new rental contracts are closed​

According to data from the real estate market, the new contracts are agreed for two years, in pesos and with quarterly or quarterly adjustment by CPI , "although there are still several agreements that are adjusted by ICL," they explain from the city's Real Estate College.

Real estate brokers agree that the owner's goal with the update is not to lose out to inflation . "Today, they prefer pesos with quarterly adjustments based on the CPI and the tenant is accepting it without conflict between the parties," adds Daniel Salaya Romera, owner of the real estate agency of the same name.


www.buysellba.com

 

[LongIslander]

People must have a good feeling that inflation won't be too bad. Surprising to see so many jumping at the chance to pay in pesos with quarterly adjustments based on CPI. A positive sign. Saw the same thing with the mortgages.

 

[BuySellBA]

Foreigners new to the country would have a hard time finding some of those neighborhoods. The proper names:

• Slaughterhouses: $455,600 Mataderos (near Liniers and Parque Avellaneda, in the south-west end of the city; it takes its name from the livestock market and various slaughterhouses located in the area.)
• Forest: $483,200 Floresta.
• Park Villa: $589,100 Villa del Parque.
• Horse: $588,100 Caballito.

Thank you @Sunny. We use translation software to automatically translate and sometimes it translates neighborhoods. Thanks for catching that. We fixed it above.