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The area of Buenos Aires where rents generate more profit than in the Federal Capital - La Nación Propiedades
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www.lanacion.com.ar
October 04, 2024
Profitability rose again after remaining the same in June and July: is it higher than in CABA?
The profitability of rentals in the northern area is increasing for those who rent their properties
Properties are a valuable refuge for those who want to make their assets yield profits and, to accompany this, the northern area of GBA reflected an increase in its profitability for those who have a property that they rent out. In other words, it currently takes less time to recover the investment made for said property. Is the same replicated in the City ? Although in CABA a higher profitability is registered (4.2%) than in the northern area (3.9%), the Federal Capital in recent months maintained a decline that continued until August.
In August , according to the latest Zonaprop report, the average one-bedroom apartment in the northern zone was offered for rent for $450,330 on average , which is an increase of 5.3% compared to July, when this value was $427,692 per month. However, the northern zone remained below the average price of the City of Buenos Aires , which was $485,881 in August.
It is worth noting that the city of Buenos Aires , which has been in decline since December 2023, has an annual profitability of 4.2% . And if we talk about the number of years to recover the investment, the figure is also lower than in the northern zone, since on average it takes 23.3 years .
Compared to the previous month , Belén de Escobar (6.9% gross return) and San Miguel (5.2% gross return) remained in the first two positions, but the district that closed the podium in July and La Lonja left , as it marked a 5.1% annual profitability, surpassing San Andrés.
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La zona de Buenos Aires en la que los alquileres dejan cada vez más ganancia
La rentabilidad volvió a subir luego de que se mantuviera igual en junio y julio: ¿es más alta que en CABA?
www.lanacion.com.ar
October 04, 2024
Profitability rose again after remaining the same in June and July: is it higher than in CABA?
The profitability of rentals in the northern area is increasing for those who rent their properties
Properties are a valuable refuge for those who want to make their assets yield profits and, to accompany this, the northern area of GBA reflected an increase in its profitability for those who have a property that they rent out. In other words, it currently takes less time to recover the investment made for said property. Is the same replicated in the City ? Although in CABA a higher profitability is registered (4.2%) than in the northern area (3.9%), the Federal Capital in recent months maintained a decline that continued until August.
In August , according to the latest Zonaprop report, the average one-bedroom apartment in the northern zone was offered for rent for $450,330 on average , which is an increase of 5.3% compared to July, when this value was $427,692 per month. However, the northern zone remained below the average price of the City of Buenos Aires , which was $485,881 in August.
How long does it take to recover the investment made in a rental property?
This response is favorable for those who have an apartment to rent, since today it takes 25.1 years of rent to recover the investment of the purchase , which is 12% less than a year ago. On the other hand, in total numbers, the northern zone defended an annual profitability of 3.9% . Compared to previous months, the profitability of the north of GBA in both June and July was 3.8% .
It is worth noting that the city of Buenos Aires , which has been in decline since December 2023, has an annual profitability of 4.2% . And if we talk about the number of years to recover the investment, the figure is also lower than in the northern zone, since on average it takes 23.3 years .
Which neighborhoods offer the highest profitability?
The three most profitable neighborhoods in August, according to the Zonaprop report, were: Belén de Escobar , San Miguel and San Andrés , with a gross return of 6.1%, 5.4% and 5.2%, respectively. On the other hand, La Lucila and Vicente López are the ones with the lowest return, with 3.3% each.Compared to the previous month , Belén de Escobar (6.9% gross return) and San Miguel (5.2% gross return) remained in the first two positions, but the district that closed the podium in July and La Lonja left , as it marked a 5.1% annual profitability, surpassing San Andrés.
www.buysellba.com
