{"id":47,"date":"2012-05-14T01:28:46","date_gmt":"2012-05-14T01:28:46","guid":{"rendered":"https:\/\/kierjoffe.com\/news\/?p=47"},"modified":"2018-07-19T15:38:37","modified_gmt":"2018-07-19T18:38:37","slug":"buyers-are-lured-by-the-advantages-of-a-house-in-buenos-aires-argentina","status":"publish","type":"post","link":"https:\/\/www.kierjoffe.com\/news\/lawyer-argentina-attorney-buenos-aires-law-firm\/buyers-are-lured-by-the-advantages-of-a-house-in-buenos-aires-argentina\/","title":{"rendered":"Buyers are Lured by the Advantages of a House in Buenos Aires, Argentina"},"content":{"rendered":"

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Though higher prices and the lack of affordable credit make buying a house in Buenos Aires more difficult than purchasing a compact apartment, many buyers are willing to pay the difference in order to enjoy the advantages a house can offer.\u00a0 A house can provide recreational spaces such as a garden and\/or patio, swimming pool, and barbecue pit.\u00a0 The owner is free to remodel the house without having to get prior approval from a homeowners association and avoids having to pay homeowners association fees for the maintenance of community property areas.<\/p>\n

The current economic instability brought on by the global financial crisis is causing many people who have capital on hand to insure their money by investing in the purchase of a house.\u00a0 They feel that in the short and medium run money will be worth less and tangible goods and property will increase in value.\u00a0 Though house prices in Buenos Aires experienced an increase in values two to three years ago, prices have stabilized over the past year and a half.<\/p>\n

When looking at housing prices, the value of each home is unique. The most important factors in determining the value of a house are the size and location of its lot and the quality of construction.\u00a0 The same house on the opposite side of the street can be priced differently due to its immediate surroundings and the direction in which it faces the sun.\u00a0 Housing prices also vary according to the neighborhood, its comfort features, the amount of free spaces it has and whether it has a pool, barbecue area, and a one or two car garage.<\/p>\n

In the highly exclusive area of Barrio Parque (Palermo Chico), prices can vary in a wide range from USD 2,500 to\u00a0USD 4,500 per square meter.\u00a0 In Barrancas de Belgrano and the southern residential area of Caballito, prices range from\u00a0USD 1,800 to\u00a0USD 2,500 per square meter.\u00a0 In most other areas, prices vary between\u00a0USD 900 to\u00a0USD 1,700 per square meter.<\/p>\n

The houses in greatest demand are those found in the more residential sectors within each neighborhood, nestled between other good quality homes. Proximity to transportation and schools and being close, but not too close, to a freeway are the other factors people favor.<\/p>\n

The most requested neighborhoods are Belgrano R, Nu\u00f1ez, Palermo and Colegiales.\u00a0 A modern house in the northern part of the city of Buenos Aires, which includes Belgrano, Nu\u00f1ez, Palermo, Colegiales and Villa Urquiza, with a good-sized lot and a house measuring 200 m2 is averaging between\u00a0USD 280,000 to\u00a0USD 320,000.\u00a0 In Nu\u00f1ez a 190m2, two story, four bedroom house on a lot measuring 8,66 meters wide by 24 meters long with a garage, pool, club house and barbecue area is priced at\u00a0USD 300,000.<\/p>\n

The housing market in premium neighborhoods is quite special.\u00a0 The pocket between Avenida Figueroa Alcorta, Juez Tedin and San Mart\u00edn de Tours is the highest priced area of Buenos Aires.\u00a0 There are no more than two hundred houses nestled in a park like setting.\u00a0 The sale of these homes is more complex than an apartment; each house has its own style and there can be variations in how well the home has been maintained.<\/p>\n

An essential requirement in homes of this level is a spacious garden.\u00a0 A garage is ideal; however, in the more exclusive areas residents have ample street parking available.<\/p>\n

In Barrio Parque and Gran Bourg the price of a lot is averaging\u00a0USD 3,500 per square meter.\u00a0 The costs of construction vary according to the quality of materials used, surface size and layout; however, costs range between\u00a0USD 1,000 per square meter on the low end and\u00a0USD 2,000 per square meter for higher quality.<\/p>\n

Those who sell their house in Barrio Parque are likely to move to a quality apartment in Recoleta.\u00a0 The difference in price allows them to purchase a second apartment as rental property.\u00a0 Those who buy a house in Barrio Parque obtain a luxury home with a spacious garden and pool in the highest valued area of Buenos Aires which will never lose its value.<\/p>\n

In the Buenos Aires\u2019 real estate market, houses are sold for three different purposes.\u00a0 The first is for residential use where the buyer intends to live in the home or rent it out.\u00a0 The second is for the land.\u00a0 In this case, the buyer is usually a developer who demolishes the original house and builds an office or apartment building.\u00a0 The third situation is where the house is refurbished and\/or remodeled for commercial use.\u00a0 The latter two purposes have accounted for the greatest number of sales and have experienced the greatest increase in value.\u00a0 They also account for a reduction of the availability of residential houses on the market.<\/p>\n

Buyers will continue to be drawn to the benefits of a house in which they can find more light, sun, space, and air, while they have the freedom to modify their property as they wish and avoid costly homeowners association fees.\u00a0 The one negative point is security, being more vulnerable to theft.\u00a0 That is why most buyers prefer a house on a well-lit street close to transportation and schools.<\/p>\n

The proven Buenos Aires \u2013 Argentina lawyer professionals at the\u00a0Kier Joffe law firm<\/a>\u00a0have experience working with foreign clients involved in all kind of cases\u00a0in Argentina.\u00a0Buenos Aires Argentina attorney<\/a>\u00a0professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires \u00a0lawyer in Argentina.<\/p>\n

www.kierjoffe.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Though higher prices and the lack of affordable credit make buying a house in Buenos Aires more difficult than purchasing a compact apartment, many buyers are willing to pay the difference in order to enjoy the advantages a house can offer.\u00a0 A house can provide…<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[12,7,11,8,9,6,10,18],"class_list":["post-47","post","type-post","status-publish","format-standard","hentry","category-english","category-real-estate","tag-argentina","tag-attorney","tag-buenos-aires","tag-law-firm","tag-law-office","tag-lawyer","tag-legal","tag-real-estate-2"],"yoast_head":"\nBuyers are Lured by the Advantages of a House in Buenos Aires, Argentina - News and Articles<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kierjoffe.com\/news\/lawyer-argentina-attorney-buenos-aires-law-firm\/buyers-are-lured-by-the-advantages-of-a-house-in-buenos-aires-argentina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buyers are Lured by the Advantages of a House in Buenos Aires, Argentina - 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