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Real Estate News What are the three neighborhoods in the northern zone where renting a property leaves you more money? - La Nacion Propiedades

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What are the three neighborhoods in the northern zone where renting a property leaves you more money? - La Nacion Propiedades




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March 16, 2024


In the midst of a context of changes in the rental market, there are three neighborhoods in northern GBA that are located in the top areas to obtain profitability

By Maria Josefina Lanzi


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The GBA Norte neighborhoods that register the highest profitability are Manuel Alberti, Belén de Escobar and Pilar

After Javier Milei's DNU and the market's rules of the game changed, many began to offer their properties for rent again on the different portals. In that sense, it is crucial to know which areas leave the greatest profitability in your pocket, to make good decisions.

Manuel Alberti, Belén de Escobar and Pilar are positioned as the best
neighborhoods for those investors looking for a good income . In Manuel Alberti, a neighborhood where the renowned Highland Park and Ayres de Pilar countries are located , the profitability is 5.2%, 1.55% above the average gross profitability. In the case of Belén de Escobar y Pilar, the profitability is very similar, since in the first it is 4.8% and in the second it is 4.7%.


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Manuel Alberti, Belén de Escobar and Pilar are positioned as the best neighborhoods to generate profitability

According to the latest Zonaprop report, in northern GBA the rent/price ratio decreased slightly and stands at 3.65% annually (in January it was 3.82%). This means that it takes 27.4 years of rental to recover the purchase investment, 10% less than a year ago.

In this sense, the top 3 neighborhoods that generate the highest profitability are well below that average: in Manuel Alberti 19.3 years of recovery are needed , 8 less than the standard. In the case of Belén de Escobar, 20.8 years are required and in Pilar 21.1 years.


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Rental prices in northern GBA have been registering a strong deceleration

Changes in the market​

The price of rentals in northern GBA, for its part, has been registering a strong deceleration: in February it increased by 8.3%, a significantly lower percentage than in January (15.9%) and December (16.8%).

Bringing it down to concrete numbers, a two- room apartment in northern GBA is offered for a value of $363,590 per month , while a three-room apartment is rented for $569,331 per month, with the largest apartments showing the greatest increase.


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In northern GBA, it takes 27.4 years of rental to recover the purchase investment, but in the three most profitable neighborhoods the time is shorter.

Nordelta is the area with the most expensive offer on the market, with a value of $528,554 per month . He is followed by Vicente López, with a value of $522,285 per month and Manuel Alberti with a value of $502,847 per month. On the other hand, San Miguel and Muñiz have the lowest prices , $261,346 per month and $269,988 per month, respectively.

The new legal scenario, without a regulatory framework and with the possibility of freely agreeing between the parties on the most important terms of the contract (choosing the currency, the duration, the indexation and the frequency of the adjustment they wish), continues to drive some owners to offer your properties for rent again.


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