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Which avenue in Buenos Aires has no empty premises and is on the podium among the most sought after?
Source:
www.infobae.com
February 20, 2025
Which avenue in Buenos Aires has no empty premises and is on the podium among the most sought after?
Franchises, businesses and brands have a waiting list in this area, which is only surpassed by the open-air shopping centers of Palermo SoHo and Recoleta. How much does it cost to rent in this corridor and which sectors lead the demand for properties?
By Jose Luis Cieri
Emilio Castro and José León Suárez Avenues, in Liniers, and near Mataderos, a commercial axis that has a high occupancy of commercial premises
The commercial market in the city of Buenos Aires presents marked contrasts in the occupation of commercial premises. While the Microcentro ( there are currently 1,400 vacant properties ) is still experiencing difficulties in recovering its dynamism after the pandemic, other areas of the City show high levels of demand and occupation.
One of the most notable corridors is that of Emilio Castro Avenue and Lisandro de la Torre, between Liniers and Mataderos, where commercial vacancy is only 2.4%, which is equivalent to 98% occupancy of the available premises.
The high demand for premises in this open-air shopping centre is explained by the sustained growth of the area, driven by the construction of new buildings since 2021 and more than 20 projects underway in its immediate vicinity.
This development increased the flow of residents and businesses and also generated a waiting list for renting commercial properties.
According to a survey by LJ Ramos Brokers Inmobiliarios, only two areas surpass this corridor in terms of occupancy: Palermo Soho, with a vacancy rate of 0.7%, and Santa Fe Avenue between Callao and Pueyrredón avenues in Recoleta, with 0.8 percent.
"The Emilio Castro and Lisandro de la Torre area managed to sustain the interest of businesses thanks to its strategic location, its high pedestrian and vehicular flow, and a diverse commercial offer that ranges from gastronomy to health and beauty," Marcos Ballario Rota , a research analyst for the real estate company that surveyed the area located in the west of CABA, told Infobae.
The corridor, which extends from Cayetano and Emilio Castro to Pilar, houses 128 commercial premises and records an average rental price of USD 12.8 per square meter per month.
Among the areas with the greatest presence, gastronomy (25.6%), food (18.4%) and health and beauty (9.6%) stand out.
In addition, the fashion and textile segment leads in market share within the total market, with 34% of active stores.
Gastronomy is one of the most predominant sectors in this shopping center
Despite its high occupancy rate, Ballario Rota clarified: “Although it has a very high occupancy rate, there are other areas with similar or even lower vacancy rates. However, Emilio Castro and Lisandro de la Torre have gained prominence as one of the main commercial hubs in expansion within the city of Buenos Aires.”
In general terms, one-bedroom apartments in the area cost around USD 80,000, while two-bedroom apartments range from USD 120,000 and higher, depending on the location and characteristics of the property, explained Claudio Masini , from Masini Properties.
Prices vary depending on the specific location within Liniers and Villa Luro. Between Larrazábal and Liniers, one-bedroom apartments are priced between USD 60,000 and USD 115,000, while in Villa Luro they range between USD 85,000 and USD 165,000, depending on whether they are new or used units.
Rents also reflect these differences. Masini concluded: “After the repeal of the Rental Law at the end of 2023, the supply of properties in the area grew by almost 90%, with values currently ranging between $370,000 and $440,000 for one-bedroom apartments, and between $650,000 and higher for two-bedroom apartments.”
www.buysellba.com
Source:
Cuál es la avenida porteña que no tiene locales vacíos y está en el podio entre las más demandadas
Franquicias, negocios y marcas tienen lista de espera en esta zona, que solo es superada por los centros comerciales a cielo abierto de Palermo SoHo y Recoleta. Cuánto cuesta alquilar en este corredor y qué rubros lideran la solicitud de inmuebles
www.infobae.com
February 20, 2025
Which avenue in Buenos Aires has no empty premises and is on the podium among the most sought after?
Franchises, businesses and brands have a waiting list in this area, which is only surpassed by the open-air shopping centers of Palermo SoHo and Recoleta. How much does it cost to rent in this corridor and which sectors lead the demand for properties?
By Jose Luis Cieri
Emilio Castro and José León Suárez Avenues, in Liniers, and near Mataderos, a commercial axis that has a high occupancy of commercial premises
The commercial market in the city of Buenos Aires presents marked contrasts in the occupation of commercial premises. While the Microcentro ( there are currently 1,400 vacant properties ) is still experiencing difficulties in recovering its dynamism after the pandemic, other areas of the City show high levels of demand and occupation.
One of the most notable corridors is that of Emilio Castro Avenue and Lisandro de la Torre, between Liniers and Mataderos, where commercial vacancy is only 2.4%, which is equivalent to 98% occupancy of the available premises.
The high demand for premises in this open-air shopping centre is explained by the sustained growth of the area, driven by the construction of new buildings since 2021 and more than 20 projects underway in its immediate vicinity.
This development increased the flow of residents and businesses and also generated a waiting list for renting commercial properties.
According to a survey by LJ Ramos Brokers Inmobiliarios, only two areas surpass this corridor in terms of occupancy: Palermo Soho, with a vacancy rate of 0.7%, and Santa Fe Avenue between Callao and Pueyrredón avenues in Recoleta, with 0.8 percent.
"The Emilio Castro and Lisandro de la Torre area managed to sustain the interest of businesses thanks to its strategic location, its high pedestrian and vehicular flow, and a diverse commercial offer that ranges from gastronomy to health and beauty," Marcos Ballario Rota , a research analyst for the real estate company that surveyed the area located in the west of CABA, told Infobae.
The corridor, which extends from Cayetano and Emilio Castro to Pilar, houses 128 commercial premises and records an average rental price of USD 12.8 per square meter per month.
Among the areas with the greatest presence, gastronomy (25.6%), food (18.4%) and health and beauty (9.6%) stand out.
In addition, the fashion and textile segment leads in market share within the total market, with 34% of active stores.
Keys to the commercial boom in Mataderos-Liniers
Ballario Rota explained the reasons behind the sustained growth of this commercial corridor: “The Emilio Castro and Lisandro de la Torre market stands out for its easy access and large influx of people, factors that drive a strong demand for premises. Its development potential makes it a very attractive area for investment, especially for major brands looking to expand in an area in constant evolution.”
Gastronomy is one of the most predominant sectors in this shopping center
Despite its high occupancy rate, Ballario Rota clarified: “Although it has a very high occupancy rate, there are other areas with similar or even lower vacancy rates. However, Emilio Castro and Lisandro de la Torre have gained prominence as one of the main commercial hubs in expansion within the city of Buenos Aires.”
Housing is also growing
The commercial growth in the area has been accompanied by strong real estate development. Since 2020, numerous new buildings have been built and there are currently more than 1,200 homes under construction in the area, which has boosted demand for properties for both purchase and rental.In general terms, one-bedroom apartments in the area cost around USD 80,000, while two-bedroom apartments range from USD 120,000 and higher, depending on the location and characteristics of the property, explained Claudio Masini , from Masini Properties.
Prices vary depending on the specific location within Liniers and Villa Luro. Between Larrazábal and Liniers, one-bedroom apartments are priced between USD 60,000 and USD 115,000, while in Villa Luro they range between USD 85,000 and USD 165,000, depending on whether they are new or used units.
Rents also reflect these differences. Masini concluded: “After the repeal of the Rental Law at the end of 2023, the supply of properties in the area grew by almost 90%, with values currently ranging between $370,000 and $440,000 for one-bedroom apartments, and between $650,000 and higher for two-bedroom apartments.”
www.buysellba.com
