The Italian brand Brancarecognized by the making your fernetput up for sale his historic factory located in Parque Patricios. At that headquarters operated for 60 yearsfrom 1941until It moved its manufacturing to Tortuguitas in 2000.
The place has a deck area of more than 11,000 square meters, part of an important piece of land of approximately 4,205 square meters. It is located on a surface that covers the streets Iguazú, Los Patos and Uspallata.
The price of the property is around US$6 millionand can be used as soon as it is acquired thanks to its level of maintenance. However, large real estate projects due to the size of the space.
The characteristics of the property
It is a industrial property, but it can be adapted to carry out different activities and can be given multiple uses. Has over 85 years to his credit, but kept in very good condition.
The construction is concrete and shows off the Branca hoppers that it still maintains. It has a front characterized by its bricks, a subsoil where various operations were carried out, and four upper floors.
It is found a few meters from the subwayand close to a neighborhood shopping center, with one facing Uspallata Street and the other facing Los Patos. Its place in that neighborhood is due to the fact that it was a historic cradle of factories.
Property prices on the rise
2024 was a key year for the real estate market. The launch of the mortgage loansmoney laundering and the end of the rental law reconfigured a market that had been in decline.
The deeds of sale of estate They showed significant improvement throughout the year. The total number of deeds of sale registered an increase of 41.5% in November compared to the level of a year before, adding 5,755 registrations, reported this week by the College of Notaries of the City of Buenos Aires.
A fundamental fact to highlight is that in November, there were 950 deeds formalized with mortgage, Therefore, the increase is 472.3% compared to the same month last year and 152% in the accumulated amount of the year (3,864 mortgage deeds in total).
In October and November, the percentage of credit with respect to the total sales volume represented 15%, in September it was 13% and in August it was 8%. That is, it has been growing. The mortgage loanss were the main protagonists of 2024 and will continue to be so in 2025.
Source: Ambito
