Little by little, the real estate market in the city of Buenos Aires began to move. The laundering and return of some mortgage loans opened investment opportunities. One of the most accessible are small apartments, less than 42 square meters. What are the reasons?
There are great investments that can be seen in all neighborhoods. Properties for sale and buildings under construction can be found on most blocks. This scenario presents a great opportunity for those who have limited capital.
According to specialists, The investment opportunity for the small saver is the small apartment. The reasons There are several. The profitability that is recovered, the high demand in strategic areas, the values, the lower maintenance costs and the flexibility for rent adjustments, according to Infobae.
Why invest in small apartments in CABA
With the repeal of the rental law, the amount for tenants increased considerably. This improves the prospects for those seeking to recover their investment in short periods of time.
Today it takes an average of 20.6 years of rent to repay the initial investment of a purchase, according to a report by Zonaprop. Compared to a year ago, it improved by 9.5%.
There are areas that have increased demand of small apartments, another good reason to put the money there. In areas such as Recoleta, Palermo and Núñez, interest is sustained, which gives a guarantee of obtaining returns on the investment.
One trend that slowed was falling property values. During the pandemic, it fell brutally. Now, studio apartments used for buying and selling start at US$34,000 in the southern zone and reach high values of around US$420,000 in top areas such as Palermo and Puerto Madero.
Having few meters, maintenance is cheaper. This even helps the dynamics of rentals to tourists for a few days. Not a minor fact.
Finally, without a law that regulates rents. Owners have the freedom to request updates in the terms they need, according to the level of inflation. This encouraged several to put their properties back up for rent.
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.
