Late but sure: the housing boom reached the area of Abasto. He hoped before, when entrepreneurs assumed that it would be the opening of the mall until recently the largest City in 1998, renew the neighborhood and attract investors. The crisis and poor planning forecasts watered, but ten years later, the business reemerged more forcefully: in an area of just sixty apples can count at least
thirty new buildings under construction. And the price of square meter accompanies the phenomenon has been growing steadily for four years and already has a cumulative increase of 45%.
Then the market closed its doors in 1984, it soon came to be known as the Bronx Buenos Aires: an area in decline, as abandoned as the market given the name.
However, four years again became coveted by investors: in 2007, accounted Real Estate Report 15 new buildings, while in 2011 the figure was thirty.
The price per square meter brand new average than U.S. $ 2,213, although some enterprises amounted to U.S. $ 2,660. That’s not all: the area under construction doubled in just two years and now over 60 thousand square meters.
For brokers, the reasons are many: the effect of Palermo spill boom, improved security, in addition to good connectivity by the metro and buses. But the Abasto neighborhood is not homogeneous. The area from Corrientes to Cordoba is one that concentrates most of the works, and some brokers believe that “palermizará” in the short term.
This boom in the area also came to the area for temporary rent every day and more departments are especially prepared for tourists in the area.
Fuente: Diario Pefil