The Buenos Aires neighborhoods that grew the most in real estate value

Brand Studio for Mercado Libre Inmuebles in a context of reactivation of the real estate market, in the last 12 months the prices of the departments in the city of Buenos Aires registered an interannual increase of 11%. The data arises from the last survey of the real estate market prepared by Mercado Libre together with the University of San Andrés (UDESA).

According of Greater Buenos Aires, which also experienced a rebound, although at a more moderate pace. In North GBA, the increase was 2.9%, in GBA West 2.1%and in GBA 6.4%, rises well below CABA.The report also revealed which are the neighborhoods where the price of the square meter increased the most. The list is headed by Villa Ortúzar (+19.3%), followed by Villa Devoto (+17.1%), Villa Urquiza (+15.2%), Belgrano (+15.1%) and Palermo (+14%). The valorization in Villa Ortúzar is first attributed to its strategic location and the proximity with Palermo, added to a good transport connectivity by the presence of the subway. Green spaces, and the gastronomic and commercial offer also attract young buyers and tenants, investors and families. Villa Urquiza, another of the neighborhoods that excelled in the report, shows for years signs of revitalization and continues to grow thanks to a strong commercial impulse, especially from the inauguration of the Juan Manuel de Rosas subway station of the B. Interesting real estate development with a renewed gastronomic and cultural offer from the installation there of the District of Wine, with restaurants, bars and wine libraries that are an attraction for tourists and visitors. Regarding Belgrano and Palermo, these are two consolidated neighborhoods whose growth in real estate value is maintained over time. More information in free real estate market, the platform for purchase, sale and rental of properties of the region. Currently, it has more than 600 thousand active notices and around 22 million monthly visits and is a strategic partner of more than 5500 real estate and developers.

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