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Which are the cheapest neighborhoods to buy a home in CABA: what makes them attractive and what is their profitability for investors? - Infobae
Source:
www.infobae.com
November 09, 2024
They are ideal for both end users and those looking for where to invest, as their rental income can be much higher than that of Palermo, Belgrano or Recoleta. Where are three-room apartments located and how much are they worth?
By Jose Luis Cieri
Piedra Buena Avenue and Corrales, in Villa Riachuelo, the southernmost neighborhood of CABA and one of the most affordable to buy homes
In the search for alternatives to buy housing in the city of Buenos Aires, several future owners and investors look towards areas that, although less traditional in terms of investment, offer affordable prices and opportunities for appreciation.
Neighborhoods such as Villa Lugano, Villa Riachuelo, Liniers, Soldati, Parque Patricios, Constitución, Parque Avellaneda, Pompeya, La Boca and Constitución, among others, stand out for their affordable prices, urban development and location, which allows for good connections without having to assume the costs of more central or more valued areas, such as the northern corridor of CABA.
Alejandro Braña , a real estate expert and member of the Colegio Inmobiliario Buenos Aires, told Infobae that these neighborhoods offer the highest rents in the city. “This is because the property values in these areas are considerably lower than in other more expensive areas of the city, which allows investors to access several units at a lower cost.”
In these neighborhoods, with USD 150,000 you can buy up to three apartments and generate an annual income of 7% or 8% compared to Palermo, Belgrano or Recoleta, where the rental surplus is less than half, according to the sector.
Braña noted that although profitability is sometimes omitted in statistics, these peripheral areas of Buenos Aires showed relatively high rental income.
Cardenal Antonio Samoré neighborhood is a housing complex next to the Dellepiane Highway at the height of Escalada Avenue, in the Villa Lugano neighborhood.
These prices for used apartments, which once seemed unattainable in a city like Buenos Aires, are now a reality. According to Germán Gómez Picasso , from Reporte Inmobiliario, “talking about prices below USD 1,300 per m2 seems like a real utopia. We must not miss this opportunity, it is truly unique and I don’t think it will last much longer.”
Compared to areas such as Belgrano R, where the average price reaches USD 2,150 per m2, or Palermo, which doubles the value with USD 2,360 per m2 in the second-hand market, these emerging neighborhoods offer much lower prices.
“As UVA mortgage loans gain ground in the middle class, this trend is expected to even out, as more people begin to take advantage of these affordable purchasing options in the southern neighborhoods and some western areas of the city,” said Gómez Picasso.
In addition, recent figures show a particular behaviour: in the last year, properties priced below USD 1,300 per m2 fell in value, while those priced above USD 2,000 per m2 showed an increase.
Lacarra Avenue and Tandil, next to Parque Avellaneda, another of the areas with prices of less than USD 1,300 per m2 to buy homes
“If we segment the neighborhoods of CABA into these ranges, the trend is clear. Good locations increased on average last year (+3.82%), while not so good locations fell (-1.18%),” added Gómez Picasso.
Villa Riachuelo, transformation in progress: It is the southernmost point of the city. It is undergoing urban revitalization, with environmental sanitation plans that increase its attractiveness. Its affordable prices allow young families and workers to settle in the city without the high cost of central areas, offering an investment opportunity with long-term potential. There are two-bedroom apartments from USD 52,000 and more than 50 m2.
Oliden and Caaguazú, in Liniers
La Boca, cultural identity and tourism: With its rich cultural identity and tourist appeal, it stands out for its affordable prices compared to other points of interest in CABA. Its proximity to Caminito, the Boca Juniors stadium, and the growth of its gastronomic and cultural offering make it a good option for those looking for an area with tourist and artistic potential. There are three rooms from USD 50,000 onwards, with more than 50 m2.
Constitución, connector: One of the main transportation hubs, it offers a central location at affordable prices. Recent improvements in security and services are attracting new residents and investors. Prices for three-room apartments start at USD 45,000 for units of more than 50 m2.
Liniers, transportation and commercial growth: It offers affordable prices and connectivity thanks to its bus terminal and the Sarmiento train line. Its expanding infrastructure and its commercial offering, especially along Avenida Rivadavia and other growing arteries, make it a strategic option for families and young professionals. There are 2-bedroom apartments from USD 57,000 and up with more than 50 m2.
www.buysellba.com
Source:
Cuáles son los barrios más baratos para comprar una vivienda en CABA: qué los hace atractivos y cuál es su rentabilidad para los inversores
Son ideales tanto para usuarios finales como inversores, quienes pueden obtener hasta el doble de renta por alquileres que en Palermo, Belgrano o Recoleta. Dónde están y cuánto valen departamentos de tres ambientes
www.infobae.com
November 09, 2024
They are ideal for both end users and those looking for where to invest, as their rental income can be much higher than that of Palermo, Belgrano or Recoleta. Where are three-room apartments located and how much are they worth?
By Jose Luis Cieri
Piedra Buena Avenue and Corrales, in Villa Riachuelo, the southernmost neighborhood of CABA and one of the most affordable to buy homes
In the search for alternatives to buy housing in the city of Buenos Aires, several future owners and investors look towards areas that, although less traditional in terms of investment, offer affordable prices and opportunities for appreciation.
Neighborhoods such as Villa Lugano, Villa Riachuelo, Liniers, Soldati, Parque Patricios, Constitución, Parque Avellaneda, Pompeya, La Boca and Constitución, among others, stand out for their affordable prices, urban development and location, which allows for good connections without having to assume the costs of more central or more valued areas, such as the northern corridor of CABA.
Alejandro Braña , a real estate expert and member of the Colegio Inmobiliario Buenos Aires, told Infobae that these neighborhoods offer the highest rents in the city. “This is because the property values in these areas are considerably lower than in other more expensive areas of the city, which allows investors to access several units at a lower cost.”
In these neighborhoods, with USD 150,000 you can buy up to three apartments and generate an annual income of 7% or 8% compared to Palermo, Belgrano or Recoleta, where the rental surplus is less than half, according to the sector.
Braña noted that although profitability is sometimes omitted in statistics, these peripheral areas of Buenos Aires showed relatively high rental income.
Buy for less than USD 1,300 per m2
In Buenos Aires, neighborhoods with sales prices below USD 1,300 per m2 are attractive both for those looking for a first home and for those wishing to make an investment.
Cardenal Antonio Samoré neighborhood is a housing complex next to the Dellepiane Highway at the height of Escalada Avenue, in the Villa Lugano neighborhood.
These prices for used apartments, which once seemed unattainable in a city like Buenos Aires, are now a reality. According to Germán Gómez Picasso , from Reporte Inmobiliario, “talking about prices below USD 1,300 per m2 seems like a real utopia. We must not miss this opportunity, it is truly unique and I don’t think it will last much longer.”
Compared to areas such as Belgrano R, where the average price reaches USD 2,150 per m2, or Palermo, which doubles the value with USD 2,360 per m2 in the second-hand market, these emerging neighborhoods offer much lower prices.
“As UVA mortgage loans gain ground in the middle class, this trend is expected to even out, as more people begin to take advantage of these affordable purchasing options in the southern neighborhoods and some western areas of the city,” said Gómez Picasso.
In addition, recent figures show a particular behaviour: in the last year, properties priced below USD 1,300 per m2 fell in value, while those priced above USD 2,000 per m2 showed an increase.
Lacarra Avenue and Tandil, next to Parque Avellaneda, another of the areas with prices of less than USD 1,300 per m2 to buy homes
“If we segment the neighborhoods of CABA into these ranges, the trend is clear. Good locations increased on average last year (+3.82%), while not so good locations fell (-1.18%),” added Gómez Picasso.
By zones
Villa Lugano, expansion and connectivity: it is one of the most accessible neighborhoods in CABA for home purchases, with low prices. Its proximity to the Dellepiane Highway and its connection to the center through bus lines improve its accessibility, making it a strategic option for those seeking value in a growing neighborhood. There are apartments of more than 50 m2 from USD 48,000 onwards.Villa Riachuelo, transformation in progress: It is the southernmost point of the city. It is undergoing urban revitalization, with environmental sanitation plans that increase its attractiveness. Its affordable prices allow young families and workers to settle in the city without the high cost of central areas, offering an investment opportunity with long-term potential. There are two-bedroom apartments from USD 52,000 and more than 50 m2.
Oliden and Caaguazú, in Liniers
La Boca, cultural identity and tourism: With its rich cultural identity and tourist appeal, it stands out for its affordable prices compared to other points of interest in CABA. Its proximity to Caminito, the Boca Juniors stadium, and the growth of its gastronomic and cultural offering make it a good option for those looking for an area with tourist and artistic potential. There are three rooms from USD 50,000 onwards, with more than 50 m2.
Constitución, connector: One of the main transportation hubs, it offers a central location at affordable prices. Recent improvements in security and services are attracting new residents and investors. Prices for three-room apartments start at USD 45,000 for units of more than 50 m2.
Liniers, transportation and commercial growth: It offers affordable prices and connectivity thanks to its bus terminal and the Sarmiento train line. Its expanding infrastructure and its commercial offering, especially along Avenida Rivadavia and other growing arteries, make it a strategic option for families and young professionals. There are 2-bedroom apartments from USD 57,000 and up with more than 50 m2.
www.buysellba.com
