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There are no more one-bedroom apartments for rent for less than $300,000 in CABA: average prices by neighborhood - Infobae
Source:
www.infobae.com
December 09, 2024
Almost a year after the repeal of the Rental Law, the supply of apartments remains active. In some areas, the initial prices of the contracts register slight inter-monthly decreases, but the floor for two-room apartments is difficult to break through.
ByJose Luis Cieri
Couples or married couples without children are among those who prefer to search for one-bedroom apartments for rent in CABA (Illustrative Image Infobae)
With less than a year to go since the repeal of the Rental Law, the Buenos Aires real estate market is showing a sustained recovery in the supply of one-bedroom apartments, although with significant differences depending on location. Average prices remain high in the most sought-after neighborhoods, but there is very little for less than $300,000 per month, although in some areas there are slight decreases in the initial contract values.
This trend is a response to lower inflationary inertia and the reintroduction of mortgage loans, which encouraged hundreds of families to look for purchasing options instead of renting.
Neighborhoods such as Puerto Madero, Palermo, Núñez and Belgrano lead the ranking of highest prices, with values exceeding $500,000 on average for a two-room apartment.
The youngest neighborhood in Buenos Aires makes a difference by positioning itself at the top of the market with prices exceeding $750,000 per month. Other areas such as Recoleta and Villa Devoto also show significant inter-monthly increases, standing out for their high demand and stability as residential options.
Gustavo Lo Valvo , a real estate expert, told Infobae that Puerto Madero “continues to be the absolute leader, with prices that can easily exceed USD 1,000 per month. Palermo, for its part, is consolidating itself as one of the most sought-after areas due to its strategic location and its cultural and gastronomic offering, which significantly increases prices.”
Demand for this type of unit remains high, especially among young professionals and couples looking for functional and well-connected properties.
“The two-room segment is the most dynamic in the market because it combines comfort with relatively competitive prices, in addition to adjusting to the needs of those who have just become independent or prefer to live close to their workplace,” said Lo Valvo.
These apartments have a high turnover in central and easily accessible neighborhoods, such as Almagro, Caballito and Villa Crespo, which remain among the most sought-after areas to rent in addition to the areas in the north of Buenos Aires.
“Areas such as Balvanera, Agronomía or La Boca experienced falls in the initial values of contracts due to the greater availability of two-room properties. The recovery of the market after a period of scarcity generates greater competition between owners, who must adjust prices to attract tenants,” said Mariana Lucángeli , architect and real estate expert.
This change contrasts with the situation last year, when the lack of available units exerted strong upward pressure on prices.
Some neighbourhoods are registering slight price drops. Balvanera, according to Zonaprop, with a 6.19% drop compared to the previous month, leads the declines. Agronomía, with a 4.51% drop, also joins the list of areas where prices have fallen.
Lucángeli added: “These adjustments are explained by lower inflationary pressure and greater availability of units, in addition to the impact of mortgage loans that encouraged potential tenants to lean towards buying. Demand for buying has increased rather than renting since mid-year.”
With more supply than a year ago, bright units are prioritized for rent (Illustrative Image Infobae)
In general terms, most neighborhoods show moderate increases. Villa Urquiza, for example, registered a 5.02% month-on-month increase, while Palermo reached 4.78%, consolidating its attractiveness as one of the most sought-after areas to live. In addition, in neighborhoods such as Lugano, with a 9.46% increase, revaluations are observed in areas that traditionally had more affordable prices.
Puerto Madero: $982.766.
Núñez: $592.943.
Palermo: $588.461.
Belgrano: $570.858.
Parque Chas: $565.256.
Colegiales: $557.960.
Villa Urquiza: $554.932.
Chacarita: $552.502.
Villa Crespo: $552.956.
Recoleta: $552.761.
Saavedra: $546.199.
Coghlan: $535.757.
Almagro: $528.672.
Retiro: $524.961.
Villa Devoto: $524.225.
Villa Ortúzar: $523.978.
Caballito: $517.562.
Parque Chacabuco: $509.846.
Villa Pueyrredón: $509.184.
San Telmo: $504.345.
Monserrat: $500.430.
Boedo: $500.233.
Villa del Parque: $493.755.
Agronomía: $492.892.
Barracas: $489.985.
San Cristóbal: $486.349.
Monte Castro: $482.328.
San Nicolás: $480.450.
Balvanera: $477.156.
Santa Rita: $468.496.
Constitución: $465.457.
Floresta: $464.178.
Mataderos: $461.013.
Parque Patricios: $459.385.
Vélez Sarsfield: $456.667.
La Boca: $453.877.
Parque Avellaneda: $447.759.
Liniers: $435.474.
Lugano: $391.050.
www.buysellba.com
Source:
Ya no quedan departamentos de dos ambientes para alquilar por menos de $300.000 en CABA: precios promedio por barrio
A casi un año de la derogación de la Ley de Alquileres, la oferta de departamentos se mantiene activa. En algunas zonas los precios iniciales de los contratos registran leves disminuciones intermensuales, pero el piso para los de dos ambientes es difícil de perforar
www.infobae.com
December 09, 2024
Almost a year after the repeal of the Rental Law, the supply of apartments remains active. In some areas, the initial prices of the contracts register slight inter-monthly decreases, but the floor for two-room apartments is difficult to break through.
ByJose Luis Cieri
Couples or married couples without children are among those who prefer to search for one-bedroom apartments for rent in CABA (Illustrative Image Infobae)
With less than a year to go since the repeal of the Rental Law, the Buenos Aires real estate market is showing a sustained recovery in the supply of one-bedroom apartments, although with significant differences depending on location. Average prices remain high in the most sought-after neighborhoods, but there is very little for less than $300,000 per month, although in some areas there are slight decreases in the initial contract values.
This trend is a response to lower inflationary inertia and the reintroduction of mortgage loans, which encouraged hundreds of families to look for purchasing options instead of renting.
Neighborhoods such as Puerto Madero, Palermo, Núñez and Belgrano lead the ranking of highest prices, with values exceeding $500,000 on average for a two-room apartment.
The youngest neighborhood in Buenos Aires makes a difference by positioning itself at the top of the market with prices exceeding $750,000 per month. Other areas such as Recoleta and Villa Devoto also show significant inter-monthly increases, standing out for their high demand and stability as residential options.
Gustavo Lo Valvo , a real estate expert, told Infobae that Puerto Madero “continues to be the absolute leader, with prices that can easily exceed USD 1,000 per month. Palermo, for its part, is consolidating itself as one of the most sought-after areas due to its strategic location and its cultural and gastronomic offering, which significantly increases prices.”
Growing demand
Of the more than 15,500 properties available in CABA, the post-DNU supply recovered to historic levels, with more than 6,000 one-bedroom apartments among the options.Demand for this type of unit remains high, especially among young professionals and couples looking for functional and well-connected properties.
“The two-room segment is the most dynamic in the market because it combines comfort with relatively competitive prices, in addition to adjusting to the needs of those who have just become independent or prefer to live close to their workplace,” said Lo Valvo.
These apartments have a high turnover in central and easily accessible neighborhoods, such as Almagro, Caballito and Villa Crespo, which remain among the most sought-after areas to rent in addition to the areas in the north of Buenos Aires.
Increased availability and price adjustment
In the last year, the rental offer increased significantly after the repeal of the Rental Law ( according to the Buenos Aires Real Estate Association, it grew by 174.95% since last January ), which caused downward adjustments in certain neighborhoods.“Areas such as Balvanera, Agronomía or La Boca experienced falls in the initial values of contracts due to the greater availability of two-room properties. The recovery of the market after a period of scarcity generates greater competition between owners, who must adjust prices to attract tenants,” said Mariana Lucángeli , architect and real estate expert.
This change contrasts with the situation last year, when the lack of available units exerted strong upward pressure on prices.
Some neighbourhoods are registering slight price drops. Balvanera, according to Zonaprop, with a 6.19% drop compared to the previous month, leads the declines. Agronomía, with a 4.51% drop, also joins the list of areas where prices have fallen.
Lucángeli added: “These adjustments are explained by lower inflationary pressure and greater availability of units, in addition to the impact of mortgage loans that encouraged potential tenants to lean towards buying. Demand for buying has increased rather than renting since mid-year.”
With more supply than a year ago, bright units are prioritized for rent (Illustrative Image Infobae)
In general terms, most neighborhoods show moderate increases. Villa Urquiza, for example, registered a 5.02% month-on-month increase, while Palermo reached 4.78%, consolidating its attractiveness as one of the most sought-after areas to live. In addition, in neighborhoods such as Lugano, with a 9.46% increase, revaluations are observed in areas that traditionally had more affordable prices.
Values
Below are the average prices in the neighborhoods where there is an offer to rent two-room apartments in CABA according to Zonaprop for units of up to 50 m2.Puerto Madero: $982.766.
Núñez: $592.943.
Palermo: $588.461.
Belgrano: $570.858.
Parque Chas: $565.256.
Colegiales: $557.960.
Villa Urquiza: $554.932.
Chacarita: $552.502.
Villa Crespo: $552.956.
Recoleta: $552.761.
Saavedra: $546.199.
Coghlan: $535.757.
Almagro: $528.672.
Retiro: $524.961.
Villa Devoto: $524.225.
Villa Ortúzar: $523.978.
Caballito: $517.562.
Parque Chacabuco: $509.846.
Villa Pueyrredón: $509.184.
San Telmo: $504.345.
Monserrat: $500.430.
Boedo: $500.233.
Villa del Parque: $493.755.
Agronomía: $492.892.
Barracas: $489.985.
San Cristóbal: $486.349.
Monte Castro: $482.328.
San Nicolás: $480.450.
Balvanera: $477.156.
Santa Rita: $468.496.
Constitución: $465.457.
Floresta: $464.178.
Mataderos: $461.013.
Parque Patricios: $459.385.
Vélez Sarsfield: $456.667.
La Boca: $453.877.
Parque Avellaneda: $447.759.
Liniers: $435.474.
Lugano: $391.050.
www.buysellba.com
