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Real Estate News The boom in the sale of lots in gated communities continues: What to take into account to choose the best land - Infobae

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The boom in the sale of lots in gated communities continues: What to take into account to choose the best land - Infobae

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October 22, 2023


The exodus towards gated communities continues. Lot prices start at USD 49,000 and go up to USD 500,000 depending on the size, location and other aspects.

By José Luis Cieri

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Pilará has lots of all types, which overlook golf, lagoons, perimeters, among others. This proposal is located in the Pilar party.

The exodus towards private urbanizations continues to boom and some speak of a fourth wave, behind the movements of the 1990s and those that occurred between 2003 and 2005.

In the midst of a boom that is sustained, many choose to acquire the lot and then build. But it is crucial to go through various stages and consider essential aspects to make the right decision and find the private neighborhood that best suits the needs of families.

The choice of the lot depends purely on the buyer, his needs and his tastes.

“You have to analyze these aspects before making a purchase. That the surface is in accordance with the house you want to build and obviously have knowledge of the specifications regarding the permitted constructability (square meters, setbacks, among other aspects); see guidance; the geometry of the lot; take into account the location with respect to the entrance, amenities, sports and commercial areas and clubhouse, among others; and if the neighborhood has a lagoon and an exit to the water,” he listed José Ignacio Viñas , commercial director of Consultatio.

In Puertos, a project located in Escobar, an admission evaluation is not carried out, but the buyer is asked for certain documentation, which must be in order to be able to sign the ticket for the purchase of the land.

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Lots that face the water are usually the most sought after. Owners who like water sports prefer this option.

There, all lots have financing and range from $100,000 to $500,000.

Viñas expanded: “Once the land is acquired, there are no deadlines imposed to build. The owner can begin this stage at his convenience and availability, with flexibility in the process.”

The orientation of a lot is a key aspect in the choice, with the north orientation being the most popular, as it provides a greater amount of natural light.
When evaluating the choice of lot, several factors should also be considered, detailed below:

– If the land is internal or perimeter.

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In Puertos, demand chooses large open spaces and the possibility of cycling along trails.

– The level of traffic on the street where the lot is located, to avoid constant exposure to traffic noise.

– If the lot is regular or irregular, something that can influence the design of the home. It is advisable to consult with an architect to avoid complications in planning.

– Investigate if the neighbors have already built or if they are empty lots, considering that in the future there could be nearby works that affect the tranquility of the environment.

Other tips​

Germán Mieres , director of the Pilar branch of Mieres Propiedades, pointed out that when evaluating a lot in a private neighborhood, it is not enough to consider visible aspects such as access and services, but it is also essential to analyze the legal situation of the neighborhood, including the deed and municipal approvals. and provincial, to minimize risks in the acquisition.

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The construction and purchase of land does not stop in the suburban real estate market

Water, golf and polo lots are highly sought after due to their panoramic views, privacy and fewer neighbors. However, they are usually more expensive than internal or perimeter lots.

In Pilará, a growing neighborhood in Pilar, more than 600 families reside and it has several neighborhoods completed or in progress. “It offers a golf course designed by Jack Nicklaus , tennis, polo, soccer, paddle tennis courts and lagoons. The lots in Tilbury, its latest launch, have an initial price of USD 100,000 and can be paid in up to 36 installments in pesos, with possession in 2024.

Once the lot is acquired, the new owner begins to pay the expenses, without a fixed period to build the house. However, once the work begins, a completion period is established, generally between 12 and 18 months.

“In addition, a formal reservation and in some cases criminal records of future owners are requested. The form of registration, whether by ticket or deed, depends on the approvals of the project, and it is common for the oldest neighborhoods to have deeds,” Mieres added.

It is essential to take into account accessibility to services such as supermarkets, health centers and schools.

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San Pablo neighborhood, also in the Pilarense district

José Iribarren , commercial director of EIDICO, highlighted to Infobae the importance of considering the average age of residents in the neighborhood, "since this influences socialization and participation in community activities."

In this company, the buyer is required to pay a reservation. If you purchase a well lot, you must wait between two and three years until the neighborhood is finished to start building.

In the case of already finished lots, the start of construction depends on the buyer's budget, with no established maximum deadline. The commission is 4% for the buyer and 3% for the seller, and in the purchase in a well only the DNI is requested.

Iribarren noted: “Based on the last launch in Pilar this year, the 800 m2 lots cost around $70,000. The sale of land remains active as a refuge of value, especially in projects that are sold in pesos and then the sale is in dollars.”

In the southern area​

It is essential that the location of the neighborhood is consolidated and offers security, in addition to having infrastructure and basic services such as electricity, gas, sewers, and running water, avoiding overhead wiring.

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French style homes in Saint Thomas

“The location must not only consider the internal security of the private neighborhood, but also its environment, accessibility and absence of problem areas, as seen in areas such as Canning and its San Vicente corridor, which offer tranquility and security in their accesses from the highway. Ricchieri, allowing you to reach CABA in 45 minutes,” he explained to Paula Peñal , commercial director of P&P Negocios Inmobiliarios.

Young couples seek security and green space for their children, but do not prioritize luxurious amenities or mature vegetation, since these are usually found in more exclusive and expensive neighborhoods.

Lagoon lots provide unique views, but some families with young children may avoid them for safety reasons.

In Saint Thomas, in Canning, to purchase a lot, 3 advance, non-cumulative expenses of USD 100 each are required for the expense fund. In La Providencia, an admission form, criminal record and an interview with the admission committee are required, in addition to an entrance fee equivalent to 10 ordinary expenses.

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In La Providencia, in Canning, land starts at $65,000

In Providencia, the lots vary in price according not only to the m2 but also to their location (views of lagoons, a golf course or a polo field), ranging between USD 65,000 and $250,000.

Peñal said that in Saint Thomas, when purchasing a lot from the developer, there is a period of 2 years to start the work without a fine. “For lots without possession, up to 60 installments are offered. In La Providencia, there is no deadline to begin construction, but once started, it must be completed within 18 months.”

It is advisable that the buyer consider the needs of his family when choosing a neighborhood. You should look for one that meets your expectations in terms of amenities, location and price.

“Also, it is advisable to investigate payment options in installments and explore alternative turnkey homes. This last option can be particularly attractive for those looking for a home, since it includes the land, the house with all the finishes and a pool. An example is Bell Barri, which offers this alternative starting at USD 139,000,” commented Gastón Mazzei , general manager of Mazzei Propiedades.

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In Bell Barri, in the southern area, there are also several sports and coworking areas that attract those moving to the gated communities

Another requirement that has emerged, in recent years, is coworking space . Mazzei added that many buyers demand to have offices available within the neighborhoods to be able to fulfill their work responsibilities close to their homes.

Once the land is acquired in well projects such as La Huella or with immediate delivery such as Bell Barri, no deadline is established from delivery. In Bell Barri, the lots have values from USD 49,000 and can be financed up to 50% in 24 installments. No more documents are required than in any other purchase of goods: availability of funds and absence of criminal record.

“The commission varies between 4% and 5% plus VAT, depending on the project, and purchase and sale tickets are required for the operation, in which the deadlines are agreed and the notary office in charge of the deed is designated,” Mazzei concluded.


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