Currently, in Greater Buenos Aires West-South, 24.2 years of rent are needed to repay the purchase investment, 22% less than a year ago
In Greater Buenos Aires In the west-south region, the rent/price ratio grew and stood at 4.14% annually. In this way, It takes 24.2 years of renting to repay the purchase investment22% less than a year ago.
According to a report by Zonaprop, Ezeiza leads the ranking of neighborhoods with the best profitabilitywith an average gross return of 5.6%. They are followed by Ciudadela and Martín Coronado, with a gross return of 5.5% and 5.3% respectively, while those with the lowest profitable advantage are Adrogué (3.2%), Lomas de Zamora (3.4%) and Banfield (3.5%).
In GBA north, the relationship rent/price also rose and stands at 3.99% annually. Currently, It takes 25.1 years of rent to repay the initial investment, 12% less than a year ago.
Belén de Escobar, San Miguel and San Andrés are the neighbourhoods in the area with the highest profitability, with 6.1%, 5.4% and 5.2% of gross return, respectively. On the other hand, La Lucila and Vicente López are those with the lowest return, with 3.3% each.
How much does it cost to rent in GBA west-south
Currently, a two-room apartment in GBA west-south It is rented for $331,306 per monthwhile a three-room apartment costs $430,538 per month.
The average price increased by 5.6% in August and is expected to increase by 59.2% in 2024. Rent in GBA West-South is 26% cheaper than in GBA North ($450,330) and 32% more affordable than in CABA ($485,881 per month).
Canning is the most expensive option to rent, with an average price of $439,731 per month. Ezeiza and Sáenz Peña follow, with an average price of $418,822 per month, and $404,725 per month, respectively. On the other hand, La Tablada has the cheapest offer, with a price of $241,974 per month. Merlo ($250,556 per month) and Burzaco ($253,094 per month) complete the ranking.
Nordelta leads the ranking with the highest price offer in the northern zone
In the northern area of the Greater Buenos Airesthe average rental price rose 5.3% in August and accumulates a 55.4% increase in 2024. A two-room apartment of 50 m2 has a value of $450,330 per monthwhile a three-room apartment has an average price of $655,299 per month. Small apartments are those with the greatest increase.
Nordelta leads the ranking of neighborhoods with the highest supply with an average price of $577,139 per month. Florida and Olivos complete the podium with an average value of $542,853 per month and $532,747 per month, respectively. Los Polvorines, on the other hand, has the cheapest offer, with an average price of $322,955 per month. It is followed by José León Suárez ($326,002 per month) and San Andrés ($354,526 per month).
Source: Ambito
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