The Limited Times

Now you can see non-English news...

Rentals: prices accumulate in the year a rise of 14% in the City

2021-04-07T13:23:22.799Z

Only in March the rise was almost 5%, ahead of inflation. Which neighborhoods went up the most.



04/07/2021 10:06

  • Clarín.com

  • Economy

Updated 04/07/2021 10:18

Despite the quiet dollar, the rise in the price of Buenos Aires rents does not stop.

In March they increased 4.9% against February and

accumulate 14% so far this year

above inflation, according to a study carried out by the property portal Zonaprop in the City of Buenos Aires.

If the last twelve months are taken to March,

the rise in rental values ​​was 67.4%

.

Used apartments, with 67.6%, and large apartments with three rooms or more (73%) led the increases.

On the other hand, brand new units were below the average, with 48.3%, indicates the work.

How much does a rental cost in CABA?

An average apartment with two rooms and 50 m2

costs 34,985 pesos per month

, a growth of 4.9% compared to the previous month.

For its part, a unit with three rooms and 70 m2 is rented for 48,456 pesos per month.

A

brand new unit

in the City rents for an average of 36,843 pesos per month.

On the other hand, the rental value of a used apartment is 34,518 pesos per month.

The

large apartment, with three rooms

or more, represents the highest rental price of this group,

with a monthly figure of 50,879 pesos.

Rentals by neighborhood

Puerto Madero is the most expensive neighborhood, with an average value of 71,135 pesos per month, followed by Palermo ($ 41,067) and Núñez ($ 41,032).

In the middle price zone are: Coghlan ($ 36,472), Villa Ortúzar ($ 34,379 per month), Almagro ($ 33,777), Santa Rita ($ 32,367) and La Boca ($ 30,603).

The neighborhoods with the cheapest rents are Monserrat ($ 29,833), Vélez Sarsfield ($ 29,432) and, finally, Liniers ($ 28,285).

In the City of Buenos Aires,

all neighborhoods register an increase in the interannual value of more than 50%

.

Currently,

Villa Del Parque is the neighborhood with the highest year-on-year price increase

(87.0%), followed by Monte Castro (86.2%) and Parque Chacabuco (85.2%).

The neighborhoods that had the

lowest annual price

increase

are: San Telmo (56.6%), Recoleta (55.4%) and San Nicolás (50.9%).

Sale prices fall

In the buying and selling market,

the prices of the units for sale accumulate a decrease of 0.7% in 2021

and of 9.8% from the maximum of the series, in April 2019.

The average price of a unit in the City of Buenos Aires is located at 2,525 dollars / m2, it did not change compared to the values ​​of the previous month.

A 50 m2 two-room apartment costs $ 131,673, while a 70 m2 three-room apartment costs $ 186,832.

A brand new apartment is worth 2,703 dollars / m2 and a used unit, 2,454 dollars / m2.

Brand-new units are those that registered the greatest decrease during 2021

(-1.2%).

On the other hand, the prices of the

well units represent the segment with the smallest drop

so far this year (-0.2%).

Currently, the average price for this type of investment is $ 2,590 / m2.

NE

Look also

Rentals: The Tricks Landlords and Tenants Use to Sign a Lease and Skip the New Law

Tenant evictions: point by point, what does the protocol contemplate and who will attend

Source: clarin

All business articles on 2021-04-07

You may like

Business 2020-12-15T19:13:40.571Z

Trends 24h

Business 2021-04-14T19:05:00.019Z

Latest

© Communities 2019 - Privacy