BuySellBA
Administrator
Temporary rentals. Why they are the investment of the moment - La Nacion Propiedades
Source:
Alquileres temporarios. Por qué son la inversión del momento
Con empresas que ofrecen un servicio de gestión y administración de las propiedades, el segmento se consolida a partir de la diversidad de emprendimientos que atienden las necesidades particulares de sus usuarios.
www.lanacion.com.ar
March 9, 2024
With companies that offer a property management and administration service, the segment is consolidated from the diversity of ventures that meet the particular needs of its users.
In a real estate market that usually adapts quickly to different economic scenarios, one of the most profitable investments in recent times, and which continues to grow, is temporary rentals. Although this modality has always been more profitable, as long as high occupancy levels are guaranteed, the segment has managed to consolidate itself based on two major trends: the professionalization of a unit management service and the proliferation of a great diversity of ventures designed for this specific demand.
According to specialists, the temporary rental business today is offering a return of between 8 and 10% annually in dollars, which, added to the general idea that property values will soon begin to rise, makes it an of the most attractive investment opportunities.
“There are a series of very versatile ventures, whose units can be used for temporary rentals, but also for seasonal or even traditional rentals,” says Martín Boquete, director of Toribio Achával. “Today it is a business that is based on two aspects. On the one hand, due to the revaluation of the asset: the market is waiting, and there are reports that support it, that the dollar prices of properties will begin to rise. And, on the other, for the business of income enhanced by digital platforms,” he adds.
Of course, at this particular moment in the market, in which it is estimated that there has been a depreciation in dollars of up to 35% of properties in the last four years, there is a new trend that is facilitating the temporary rental business. . And it is the possibility of transferring the administration of the units to a company or even, in some cases, to pools managed by the developers themselves.
“Today there are new players in the market who are dedicated to making it easier for owners to manage their apartments, who in addition to renting them and collecting payment, also provide cleaning or repair services. The business has become very professional,” explains Boquete.
The most sought after ventures
In a business that does not offer substantial differences in the rate of return or occupancy according to the different neighborhoods, today there is a great diversity of projects with the ideal conditions for investment in temporary income. What are some of them? Let's review.- Haaus II. The Haaus brand is a pioneer in the trend of ventures designed especially to meet the new demands for temporary rentals, even when its units are also suitable for commercial, professional or traditional rental uses. The tower is located in Palermo Soho, an ideal area for this modality due to its proximity to schools and universities, clubs, top-of-the-line medical sanatoriums, gyms, public transportation and artistic and gastronomic areas.
- Nova Palm Tree. This is the first residential project in the Innovation Park, an innovative and creative environment that promotes the connection between education, research and science. This 12-story building targets a young and technological audience and is a great opportunity for temporary rentals.
- Santa Fe 5268 . It has 88 units in total, including studios, studio apartments and 2 rooms. The building has garages, gym, SUM and impressive views of the river on the upper floors. All in an area of Palermo close to the Rosedal, the Rural, open-air shopping, bars, restaurants and a brewery.
- Treba. A few meters from the always picturesque San Telmo, it has 1 and 2 room units, terrace pool, solarium, gym, SUM and grills.
- México 1331. This tower project, located in one of the areas of the city with the greatest growth in recent years, is just two blocks from Belgrano, Independencia and 9 de Julio avenues and 300 meters from the UADE. It has 1, 2 and 3 room units, with good quality finishes and large windows in all rooms. The building also has a swimming pool, solarium, SUM with grills, gym and optional garages.
- Cassa Solis. With nearby universities (UADE, USAL and UAI) and excellent connectivity, it is a project that involves the renovation, recycling and enhancement of a neoclassical-style building located in an area of great growth. Among its amenities it has SUM, solarium, swimming pool, grills and laundry.
- Mansilla 2920. This building with spacious 1 and 2 room units is close to universities, health centers and the subway network.
- Sánchez de Bustamante 1838. It is a brand new building with immediate delivery half a block from Alto Palermo. The last studio apartments remain, of excellent quality and finishing details.
In addition to these projects, the investment modality for temporary income has other notable ventures, such as E6, OM Palermo, Grand Atlántida, Pasaje Calas and Cassa Anchorena.
www.buysellba.com
