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These are the neighborhoods where if you have an apartment there are more chances of selling it quickly - La Nacion Propiedades
Source:
www.lanacion.com.ar
October 30, 2024
A report showed that the demand for property purchases in the Federal Capital has increased significantly: which neighborhoods registered the greatest interest?
What are the most in-demand areas? Alejandro Guyot
There was one fact that excited the Argentine real estate market : the number of deeds took off, taking into account the mortgage loans issued by 23 banks at the end of April. This fact surprised the major agents in the sector, since 5,157 sales were registered in September , having caused a rise of 30.4% compared to the same month of the previous year, according to the Notary Public Association of the City of Buenos Aires.
Although they have risen, the encouraging data is when the magnifying glass is put on the information and the credits begin to appear. “ The impact of mortgage credit is already beginning to appear and this translates into greater accessibility to housing ,” says José Rozados, director of Reporte Inmobiliario, and adds: “For years, mortgage transactions represented 3% or 4% of operations, but today those numbers have almost quadrupled and risen to 14% , and that is just before the plane is taxiing, but when it takes off, the impact will be greater.”
Rozados also explains that when the lines of credit came out, they anticipated that they had to give the loans time to settle, so that the paperwork could be smoothed out in the banks and people could incorporate them, and now “they are already starting to show in the deeds.”
“ Mortgage credit is the best thing that can happen to the sector as it democratises the real estate market, anyone can think about buying a home in any neighbourhood , it is no longer just savers with dollars in their mattresses. A worker could access a home from now on,” explains Germán Gómez Picasso, founder of Reporte Inmobiliario.
However, it is necessary to make a parenthesis . This increase in demand is not accompanied by an increase in the supply of properties for sale. Why? The answer is reflected in the fact that the price per square metre is still “low” for owners, who turn their properties into rentals and wait for the price per m² to rise before selling them.
Palermo Soho streets
Belgrano Ravines Martin Hernandez
Pedro Goyena Avenue is located in the southern area of Caballito, a place where the highest values of the neighborhood are defended.Rodrigo Nespolo
On the one hand, Recoleta had 7% of the searches and an average value of US$2,654/m²; while Villa Urquiza had 5% of the total searches and an average price of US$2,539 per square meter.
Recoleta is among the most sought-after neighborhoods
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Estos son los barrios en los que si tenés un departamento hay más chances de venderlo rápido
Un reporte demostró que la demanda de compra de propiedades en la Capital Federal aumentó notablemente: ¿qué barrios registraron mayor interés?
www.lanacion.com.ar
October 30, 2024
A report showed that the demand for property purchases in the Federal Capital has increased significantly: which neighborhoods registered the greatest interest?
What are the most in-demand areas? Alejandro Guyot
There was one fact that excited the Argentine real estate market : the number of deeds took off, taking into account the mortgage loans issued by 23 banks at the end of April. This fact surprised the major agents in the sector, since 5,157 sales were registered in September , having caused a rise of 30.4% compared to the same month of the previous year, according to the Notary Public Association of the City of Buenos Aires.
Although they have risen, the encouraging data is when the magnifying glass is put on the information and the credits begin to appear. “ The impact of mortgage credit is already beginning to appear and this translates into greater accessibility to housing ,” says José Rozados, director of Reporte Inmobiliario, and adds: “For years, mortgage transactions represented 3% or 4% of operations, but today those numbers have almost quadrupled and risen to 14% , and that is just before the plane is taxiing, but when it takes off, the impact will be greater.”
Rozados also explains that when the lines of credit came out, they anticipated that they had to give the loans time to settle, so that the paperwork could be smoothed out in the banks and people could incorporate them, and now “they are already starting to show in the deeds.”
“ Mortgage credit is the best thing that can happen to the sector as it democratises the real estate market, anyone can think about buying a home in any neighbourhood , it is no longer just savers with dollars in their mattresses. A worker could access a home from now on,” explains Germán Gómez Picasso, founder of Reporte Inmobiliario.
Huge increase in demand
The data on deeds did not come alone, but rather it did so hand in hand with another encouraging fact : the increase in demand. “In September 2024, Zonaprop recorded that the demand for sales grew by almost 100% since the beginning of the year and by 51% compared to September 2023,” explains Leandro Molina, commercial director of Zonaprop.However, it is necessary to make a parenthesis . This increase in demand is not accompanied by an increase in the supply of properties for sale. Why? The answer is reflected in the fact that the price per square metre is still “low” for owners, who turn their properties into rentals and wait for the price per m² to rise before selling them.
The most sought-after neighborhoods
Palermo
One of the most renowned neighborhoods in Buenos Aires is undoubtedly Palermo , a district that also registers the highest volume of demand within the Federal Capital. This neighborhood had 15% of the total searches and an average price of US$3,205/m².
Palermo Soho streets
Belgrano
The neighborhood that takes the silver medal is Belgrano . This area had 11% of the inquiries and an average value of US$3025/m².
Belgrano Ravines Martin Hernandez
Caballito
Bronze went to Caballito , which closes the podium with 8% of the demand . This neighborhood, for its part, defends an average price of US$2,320/m².
Pedro Goyena Avenue is located in the southern area of Caballito, a place where the highest values of the neighborhood are defended.Rodrigo Nespolo
Recoleta and Villa Urquiza
Finally, the historic neighborhoods of Recoleta and Villa Urquiza follow Caballito , taking fourth and fifth place.On the one hand, Recoleta had 7% of the searches and an average value of US$2,654/m²; while Villa Urquiza had 5% of the total searches and an average price of US$2,539 per square meter.
Recoleta is among the most sought-after neighborhoods
The neighborhoods with less demand
In contrast, Barracas has the lowest number of searches , with 1% of the total demand and an average price of US$1,971 per square meter. It is followed by San Cristóbal, with 2% of the demand, and Flores, with 3% of the searches.www.buysellba.com
