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Gesteld door cma op 5 november 2007 - 13:52
Best neighbourhood Buenos Aires
I (living in the Netherlands)am interested in buying a second home in Buenos Aires. Not primarily as an investment but to live in a few months a year. I prefer an apartment (min 3 bedrooms) in excellent condition. Does anyone have information about the best neighbourhoods to buy such an apartment and other relevant advice. Important is that it is a save neighbourhood. Indication price would be around 200.000 us.
What are the approximately the yearly costs (besides the purchase price) to maintain such an apartment (electricity, water, heating, insurance, maintenance, taxes).
I also would like to know what the best (most popular) beach spot in Argentina is.
Thanks for any information you have.
2 Antwoorden
Antwoord van chulanina op 5 november 2007 - 15:55
I much prefer the beaches in Uruguay. But in Argentina there is Pinamar, Villa Gesell.
As for the best neighborhood? You need to come here and check it out yourself. It is all a matter of what you are looking for. I live in Palermo. For me this is the best barrio. It is like the Soho in NYC. It is the largest barrio and has many parts - Palermo Soho, Viejo, Pacifico, Las Caņitas, Hollywood, Alto, Chico. Some people like Recoleta or Barrio Norte, others prefer San Telmo.
When I decided to move here I stayed in most of the barrios to have the experience of them. That is the best recommendation I can give you. You may like Boedo or Caballito which are middle class working neighborhoods. You may like the grittiness of San Telmo. Perhaps you prefer a cleaner more family oriented barrio like Belgrano. Each person finds where they live the best.
As for prices it is expensive now. Palermo is $2500USD pero sq meter, Recoleta is $3000. The price depends on what you are looking for and where. A 35 sq meter apartment with no view in an OK building here might be $80,000USD. The same apartment on the 15th floor in a spectacular building could be $125,000.
Inflation is killing us. My apartment expenses 2 years ago were $265 pesos, they are now $535 pesos. My electric bill for 2 months is $150 pesos. They are going to raise the prices.
I live on $1000 USD or less a month, probably $800. I do not have an American lifestyle here. I have an Argentine life. I take the bus and subte. Taxis just went up again. I will not take many of them. Movies are now 16 pesos, 2 years ago they were 8. I know people here from the U.S. who spend easily $2000 or more a month. Then there are others who spend less than I.
Hopefully I have answered your question. Good luck! I love it here.
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Antwoord van movingtoargentina op 7 november 2007 - 03:19
There are so many choices available to you that it truly depends upon what is most important besides safety. If you want excellent access to mass transportation, cafes, restaurants and nightlife and only want to stay a few months a year you could consider Palermo, Las Canitas or Belgrano at the edge of Las Canitas. Palermo itself is a huge neighborhood rather comprable to Queens New York. It's broken into lots of smaller neighborhoods, many of which have great access to the "Bosques" or Parks of Palermo. You can choose from Palermo Botanico which is just near the zoo and is relatively accessible to the subte and Avenida Las Heras and Avenida Libertador both of which have great access to taxis; Palermo Nuevo just near the American Embassy and full of lots of new highrises but also lots of tree lined streets and pretty cafes; Palermo Hollywood is an upcoming area with great old colonial style buildings and many new lofts and relatively easy access to the subte depending upon how far out you go, and also the train that goes to the suburbs; Palermo SOHO is a trendy area, lots of artists, young people, etc and full of great restaurants and cafes; Las Canitas is a really nice area near the polo fields - really pretty, great old buildings and new ones, good access to Libertador and Avenida Santa Fe and with good access to the Line D Subte, train, buses, and taxis, great restaurants, gyms, cool shops, very young and hip; Recoleta is nice but a lot of people find it has more crime because people know a lot of tourists go there, it can also be noisy and smoggy if you end up with an apartment in the wrong place but in the right place can be really nice and not far from the parks on Libertador.
Really there are just tons of options. You should take a trip if you haven't already been there and spend a lot of time on foot walking through neighborhoods. Also, even though you aren't buying for an investment, you could consier putting your property with a rental agency anyway and let it earn its keep during the time you don't use it.
Some recent general prices from the winter all per sq/meter (bear in mind they can be *higher* for non Argentines
# Palermo Chico (where many celebs and personalities live)
Between 2000 and 3000 dollars
Las Caņitas
Between 1500 and 2300 dollars
Palermo Botanico
Up to 2000 dollars
Palermo Nuevo
Between 1800 and 2000 dollars
Bear in mind your expenses can include your city taxes, building taxes, water which is not a huge bill for city (ours in suburbs is high), electric which is proportional (cheap in BA for instance as compared to U.S.) our bill in suburbs for huge house usually no more than 90 pesos per month, cable/internet could add another 70-90 pesos per month, gas which is very cheap.
Prices are definitely on the rise and real estate has risen as the city becomes more popular. It's important to realize there are prices...and then there are *foreigner* prices so expect that the prices you see to potentially get higher when someone realizes a foreigner is involved.
There is no MSL system like there is in teh U.S. where agents share listings. Agents prefer to keep listings within their company and have no problem walking on other agents for the sale. It's important to find a reputable agent to work with. A great website to check out which is in Spanish but will have a pretty accurate pricing is http://www.sistemadixon.com/.
On beaches, Mar del Plata is the most visited beach but also the most congested during summer. There are several beautiful areas to the south of MDP this is a great site that will give you lots of info on other beaches http://www.welcomeargentina.com/costaatlantica/index_i.ht...
Otherwise, Uruguay is just a boat ride away and has beautiful beaches with less congestion with the city just behind...and you could combine it with a chance to renew your tourist visa after three months if you wanted to stay longer than the three months.
Hope this helps.
For more information you can visit my blog Moving to Argentina http://movingtoargentina.typepad.com
:)
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