According to a recent Zonaprop report, the relationship rent/price in the City of Buenos Aires is on the rise and is already at 4.86% annually. Today 20.6 years of rental are required to repay the initial investment, 9.5% more than what was necessary a year ago.
After several years with a paralyzed market, the market is reactivating. Currently, investors focus on purchasing small apartments in strategic areas to ensure occupancy.
Ranking of the neighborhoods with the best profitability in CABA
Lugano, Parque Avellaneda and La Boca are on the podium of CABA neighborhoods with the best options for investors looking for income. With a return of 8.5%, 6.3% and 6.2%, respectively.
On the other hand, Puerto Madero and Palermo are the neighborhoods with the lowest profitability, with 3.5% and 3.9%, respectively. These are the neighborhoods where rents are more expensive, as well as the value per square meter.
It should be noted that 75% of CABA neighborhoods register monthly price increases, while 94% register a year-on-year increase and only 6% maintain a year-on-year decrease.
What are the best opportunities to rent in GBA
In Greater Buenos Aires west-south the relationship rent/price also grows and stands at 4.84% annually. It takes 20.7 years of rent to repay the purchase investment, 33% less than a year ago.
In the west-south area, Piñeiro is positioned as the best neighborhood for investors seeking income, with a gross return of 6.6%. Villa Dominico and Ezeiza follow with an average of 6.5% gross return each.
On the other hand, those with the lowest profitable advantage are Adrogué (4.2%), Lomas de Zamora (4.2%) and Banfield (4.6%).
For its part, in northern GBA, the relationship rent/price rises and stands at 4.46% annually. Currently it takes 22.4 years of rent to repay the initial investment, 28% less than a year ago, but a little more than in CABA and the west-south area.
Belén de Escobar, San Andrés and San Miguel are the neighborhoods in the area with the highest profitability, since the gross return is 6.8%, 6.3% and 6.2%, respectively.
On the contrary, La Lucila and Vicente López are the ones with the lowest return, with 3.7% each.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
