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The cheapest neighborhoods to buy the most sought-after apartments - La Nacion Propiedades
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www.lanacion.com.ar
June 18, 2025
With mortgage credit as its driving force, the real estate market is undergoing a transformation
By Candela Contreras
The cheapest neighborhoods to buy the most sought-after properties. Shutterstock
The real estate market continues to show signs of change . This time, with a player generating even greater momentum: mortgage lending .
Since their reappearance at the end of April 2024, UVA (Purchasing Value Unit) loans have begun to reshape the demand map and, with it, the most sought-after areas for accessing homeownership .
According to data from the Notaries Association of the City of Buenos Aires, 1,192 mortgage deeds were signed in April of this year , a 1,012% increase compared to the same month last year. Although still far from 2018 levels , the figure marks a turning point: buyers who had been priced out of the market without financing are returning to the market .
"Credit creates a virtuous cycle. Buyers appear who weren't previously in the market, and this energizes the entire chain. Those who sell often buy something larger or of greater value," the institution explains.
Unlike in recent years, when the market was geared toward investors or short-term buyers, the return of mortgage loans has brought with it a profound shift in preferences . Today, one-, two-, and even three-bedroom apartments are the most popular. Studio apartments, which dominated the market for years due to their low cost, are losing ground.
According to Selectia's Real Estate Transaction Survey (ROI), three-bedroom apartments accounted for 30% of transactions in 2024, followed by two-bedroom apartments (25%) and four-bedroom apartments (22%). Five-bedroom apartments (12%) and studio apartments (11%) are far behind.
"The star product today is two- and two-bedroom units," summarizes Daniel Salaya Romera, president of the real estate agency that bears his name. " The end consumer, who is the one accessing credit, is looking for larger homes . And studio apartments are no longer attractive in this context," he explains.
Soledad Balayán, owner of Maure Inmobiliaria, agrees: “Last year, the recovery was driven by the search for homeownership, not by investors. And credit was the main driver of that change. But that credit didn't extend to studio apartments. People who buy to live don't look for just one room.”
Furthermore, the broker emphasizes that three-room apartments "have always been the most popular type of apartment for purchase because they reflect a typical family structure , i.e., a married couple with at least one child or a newlywed couple. There is also a segment that wants to downsize because they come from large apartments and see this number of rooms as a new era."
The three environments are gaining ground among end consumers. Gentleness
According to prices surveyed by Zonaprop, there are neighborhoods where it's possible to find these types of units at prices significantly lower than the city average (US$176,091). These are:
While on the other hand , the most expensive neighborhoods to buy are:
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Source:
Los barrios más baratos para comprar los departamentos más buscados
Con el crédito hipotecario como motor, el mercado inmobiliario vive una transformación
www.lanacion.com.ar
June 18, 2025
With mortgage credit as its driving force, the real estate market is undergoing a transformation
By Candela Contreras
The cheapest neighborhoods to buy the most sought-after properties. Shutterstock
The real estate market continues to show signs of change . This time, with a player generating even greater momentum: mortgage lending .
Since their reappearance at the end of April 2024, UVA (Purchasing Value Unit) loans have begun to reshape the demand map and, with it, the most sought-after areas for accessing homeownership .
According to data from the Notaries Association of the City of Buenos Aires, 1,192 mortgage deeds were signed in April of this year , a 1,012% increase compared to the same month last year. Although still far from 2018 levels , the figure marks a turning point: buyers who had been priced out of the market without financing are returning to the market .
"Credit creates a virtuous cycle. Buyers appear who weren't previously in the market, and this energizes the entire chain. Those who sell often buy something larger or of greater value," the institution explains.
Unlike in recent years, when the market was geared toward investors or short-term buyers, the return of mortgage loans has brought with it a profound shift in preferences . Today, one-, two-, and even three-bedroom apartments are the most popular. Studio apartments, which dominated the market for years due to their low cost, are losing ground.
According to Selectia's Real Estate Transaction Survey (ROI), three-bedroom apartments accounted for 30% of transactions in 2024, followed by two-bedroom apartments (25%) and four-bedroom apartments (22%). Five-bedroom apartments (12%) and studio apartments (11%) are far behind.
"The star product today is two- and two-bedroom units," summarizes Daniel Salaya Romera, president of the real estate agency that bears his name. " The end consumer, who is the one accessing credit, is looking for larger homes . And studio apartments are no longer attractive in this context," he explains.
Soledad Balayán, owner of Maure Inmobiliaria, agrees: “Last year, the recovery was driven by the search for homeownership, not by investors. And credit was the main driver of that change. But that credit didn't extend to studio apartments. People who buy to live don't look for just one room.”
Furthermore, the broker emphasizes that three-room apartments "have always been the most popular type of apartment for purchase because they reflect a typical family structure , i.e., a married couple with at least one child or a newlywed couple. There is also a segment that wants to downsize because they come from large apartments and see this number of rooms as a new era."
The three environments are gaining ground among end consumers. Gentleness
The cheapest neighborhoods for the most sought after
In a scenario where two-bedroom apartments are the most sought-after, the key question arises: where are the most affordable neighborhoods to buy them?According to prices surveyed by Zonaprop, there are neighborhoods where it's possible to find these types of units at prices significantly lower than the city average (US$176,091). These are:
- Lugano : US$77,970
- Nueva Pompeya : US$100,194
- Parque Avellaneda : US$104,092
- La Boca : US$108,440
- Villa Riachuelo : $110,906
- Floresta : US$112,973
- Parque Patricios : US$116,117
- Vélez Sarsfield : US$120,510
- Constitucion : US$122,443
- San Cristobal : US$123,645
While on the other hand , the most expensive neighborhoods to buy are:
- Puerto Madero : US$494,387
- Palermo : US$279,016
- Núñez : US$262,564
- Belgrano : US$244,231
- Colegiales : US$219,835
- Villa Devoto : US$215,470
- Coghlan : US$209,040
- Recoleta : US$205,627
- Mataderos: US$200,506
- Villa Urquiza : US$199,338
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