Silvana Saldisuri
06/11/2021 6:01 AM
Clarín.com
Services
Updated 06/11/2021 6:01 AM
With the real estate market in decline, both in prices and in
purchase and sale operations
, investors who continue to choose to shelter their savings in bricks put the map of the City of Buenos Aires under the magnifying glass looking for
the best opportunities
both in areas and in the most recommended segments.
Currently, the well departments are positioned as one of the most interesting projects with
profitability
possibilities
between
25%
and
30%
, once the work is completed.
The
prices
of the units in the well have been
resisting the decline
this year, they fell 0.41% in 2021, and that positions them as an
asset that defends their value
.
"This situation is due to the fact that the construction cost measured in dollars has been recovering since October 2020, for seven months," explained the commercial director of Zonaprop in Argentina,
Leandro Molina
, to
Clarín
.
When the objective is long-term, the most beneficial alternative is to choose to invest from the well.
Photo: Clarín Archive
What is a project "in the well"
It is a pre-sale of a property
that goes on the market once the plans are approved.
Investing in a well consists of buying an apartment before it is 100% completed.
In other words, it is still in
the "well" process
, hence its name, which responds to a graphic description of what a project is when construction work begins.
When the objective is to
invest in the long term
, the most beneficial alternative is to opt for this type of project.
Among the
advantages
it stands out:
. Savings:
buying at the well represents a
saving of between 10% and 20%
compared to the final sale price of a brand new unit.
. Profitability:
at the end of the work, you will have in your hands a brand new apartment in a
growing area
, where the value will grow due to having bought at the well and also due to the development of the place.
. Long-term benefit:
in the future it can become a fixed income by placing it for rent.
Buying at the well represents a saving of between 10% and 20% compared to the final sale price of a brand new unit.
Photo: Clarín Archive
How to invest in well apartment projects?
"When investing in a venture, it is entered with an initial advance in dollars, close to 30%, to cover the value of the land / land, and then it
is financed with quotas in pesos adjusted by the CAC
(index that updates the quotas of works at cost and / or trusts) that accompany the real estate development ", described Molina de Zonaprop.
"What generates a great attraction at the investment level is that, although it
is paid in pesos
,
when selling is achieved an update of that investment in dollars
, added to the percentage of profit in relation to profitability," he added.
"
The less advanced
the project is, the
more opportunities
there will be in relation to price negotiation. In a context in which there is no access to mortgage credit and there is a restriction on the purchase of dollars, there are numerous incentives to enter a venture from well, "said Molina.
What are the most recommended areas today to invest in well departments?
Currently, in the City of Buenos Aires, (where the average square meter in well is US
$ 2,582
), the neighborhoods with the cheapest price per m2 in well are:
Lugano:
u $ s 1,796 per m2
Slaughterhouses:
u $ s 1,849 m2
Velez Sarsfield:
u $ s 1,853 m2
Agronomy:
u $ s 1,918 m2
Villa General Miter:
u $ s 1,937 m2
Floresta:
u $ s 1,940 m2
Apartments by area and prices per square meter in well.
What do I have to take into account when choosing a well investment?
Those who wish to invest and own a home can choose real estate agencies, developers or construction companies that offer
works and well units
in different areas of interest in the country.
These are some recommendations before deciding:
.
Know a project or the buildings that were made
in previous years, mainly to
be sure
of where the money is going to be put and what is the support it has, in addition to having references on the style and design.
.
Ask for all the
data of the construction company
and inquire if it fulfilled the promised deadline, the constructive quality and that it has an after-sales service.
.
Take into account
the project area
, if it has access to public transport and services, schools, hospitals, nearby shopping centers.
This will undoubtedly
increase the value of the investment
in the future.
LN
Look also
Departments: 7 keys to keep in mind before buying
Strenna 2021: when it is charged, how the amount is calculated and what should be done with the money
