The rentals they continue to increase. The average rental price in northern Greater Buenos Aires increased 5.1% in September and a two-room apartment stands at $473,179 per month. Meanwhile, one with three rooms and 70 m2 has an average value of $669,691 per month.
In the third quarter of the year, values rose 15% and have accumulated an annual increase of 63.3%, 38.3 percentage points below inflation, according to data from Zonaprop.
Ranking of the most expensive neighborhoods to rent in the northern zone
Demand in the northern area of Greater Buenos Aires remains firm. In addition to this, despite the fact that there are more and more projects, the supply of apartments is still small.
Currently, according to Zonaprop, Rincón de Milberg leads the ranking of the neighborhoods with the highest offer with an average price of the two environments of $641,069 per month. They are followed by Nordelta and Olivos, with a value of $605,205 per month and $571,264 per month, respectively.
Los Polvorines, on the other hand, continues to be the neighborhood with the cheapest offer, with an average price of $343,581 per month. They are followed by José León Suárez ($344,723 per month) and San Miguel ($381,854 per month).
La Lucila, magnet for real estate luxury
The demand for real estate for purchase is sustained in the northern area. The tranquility of its neighborhoods and an offer of new projects consolidate the area. La Lucila stands out as the most expensive area in the northern zone to acquire a property, with an average value of US$3,227 per m². This value in prices responds to the sustained growth of premium real estate developments in the area, which combine cutting-edge design, first-class amenities and great connectivity to the City of Buenos Aires.
In terms of cost per m², La Lucila is followed by Vicente López (US$3,213/m²), Olivos (US$2,948/m²), Nordelta (US$2,857/m²) and Acassuso (US$2,752/m²). m²).
“In recent years, consumers have begun to demand real estate projects that are distinguished not only by their innovative architecture, but also by a careful focus on the spatiality and design of each environment. Added to this is the requirement to have a wide variety and high quality of amenities. This evolution in market expectations reflects a growing desire for spaces that offer both functionality and well-being,” said Ezequiel Leibaschoff, commercial manager of Grupo Chomer, a developer with experience in the area.
La Lucila is emerging as an epicenter of high-end real estate development. The growing demand for this type of space continues to drive the growth of this exclusive northern town.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
