Top Ten Most Expensive Buildings in Buenos Aires
Location, facilities and quality are the factors that decide whether a property makes into the top ranks of the Buenos Aires real estate elite. Prices are also determined by reputation and prestige no matter what trends the real estate market may be leaning towards. In some places properties are worth up to $ 7,000 US dollars per meter squared, so let’s take a look at what makes these properties so expensive. ne of the principal tactics used by luxury property developers is to market their brand as an unquestionably invaluable entity. By promoting their brand in this way, they ensure that their development is viewed as prestigious, important and of high quality from the very beginning.
The ten most expensive buildings in Buenos Aires all have marketing teams that promote the company and brand more than the structure itself! The most expensive properties in Buenos Aires are worth between $ 4,000 and $ 7,000 US dollars per square meter. There are many of these properties on offer; however, they are kept on the down low by realtors who like to create a feeling of scarcity and exclusivity.
The elite of the Buenos Aires property market are typically split into two camps: old, used, classic properties and modern developments. These luxury properties are located around the traditional parts of Palermo, Recoleta and Puerto Madero. These top ten properties are distinguished by their unique design, which attract buyer’s attention.
The ten most expensive buildings in Buenos Aires all have marketing teams that promote the company and brand more than the structure itself! The most expensive properties in Buenos Aires are worth between $ 4,000 and $ 7,000 US dollars per square meter. There are many of these properties on offer; however, they are kept on the down low by realtors who like to create a feeling of scarcity and exclusivity.
The elite of the Buenos Aires property market are typically split into two camps: old, used, classic properties and modern developments. These luxury properties are located around the traditional parts of Palermo, Recoleta and Puerto Madero. These top ten properties are distinguished by their unique design, which attract buyer’s attention.
Here is the Top Ten of Expensive Properties in Buenos Aires:
1. Grand Bourg, Palermo Chico (US$7,000/m2)
2. Le Parc Figueroa Alcorta, Palermo (US$ 6,000/m2)
3. Kavanagh, Retiro (US$ 6,000/m2)
4. Libertador 4444, Palermo (US$ 6,000/m2)
5. El Faro, Puerto Madero (US$ 5,500/m2)
6. Renoir, Puerto Madero (US$ 5,000/m2)
7. Mulieris, Puerto Madero (US$ 4,500/m2)
8. Madero Center, Puerto Madero (US$ 4,500/m2)
9. Chateau, Puerto Madero (US$ 4,500/m2)
10. Le Parc, Puerto Madero (US$ 4,000/m2)
At the top of the Buenos Aires property market is the Grand Bourg development. This impressive, high-rise building has French style architecture and was constructed by the Consultatio Company. The properties that are valued at US$ 7,000 are scarce and sought after, which further pushes up their price and desirability. The building is blessed with an open air pool, gym and lush gardens. The more traditional, French, architectural style fits in well with the Buenos Aires style and also balances the traditional with the modern.
The second most important development is the Le Parc Figueroa Alcorta high rise, modern building that was carried out by the Raghsa development company. The building reaches an impressive height and has 50 floors and is the benchmark for luxury developments. Libertador 4444 is next on the Top Ten of Expensive Properties in Buenos Aires. This is also located in Palermo, but has been around longer than other properties in the list. In the time it has been on the Buenos Aires real estate map it has gained a reputation for quality and tradition that many people look for in their luxury homes. This luxury development is made up of three towers: two smaller and one bigger.
Another more traditional yet highly sought after development is the Kavanagh building in Retiro. This building was inaugurated in 1936 and still manages to capture the imagination of home owners and investors. The values and prestige of the Kavanagh building have proven to be timeless. Buyers here have plenty of variety to choose from price wise. For instance, a meter squared on the famous 650m2 big, 14th floor are worth around $ 6,000 US dollars, whereas, space on the 19th floor costs around US$ 4,000.
One of the set backs of this property is that it is not equipped with garage space and there is very little parking in the surrounding area. However, this architectural design classic and National Historic Monument would be perfect if you didn’t own a car. uildings that have become emblematic of Buenos Aires can charge Top Ten prices. Two examples of this type of historic building are the Campomar structures near the British Embassy in Recoleta. These developments purport an exceptional level of quality and style.
We must not forget to mention in the Top Ten of Expensive Properties in Buenos Aires the Puerto Madero neighbourhood of Buenos Aires and the stunning gems that are housed here. In recent years, Puerto Madero has become the Mecca for luxury developments and prices have reflected how fashionable this area has become. Puerto Madero is the most active Buenos Aires real estate market, despite the problems in the global economy that has forced many foreign investors to sell up here.
Prices here oscillate between $ 4,000 and $ 5,000 US dollars per square meter. As mentioned in the Top Ten list, some of the most prestigious properties are found here including: Faro, Renoir, Mulieris, Madero Center, Chateau and Le Parc. These modern developments are equipped with the latest and most spacious facilities like hydro massage pools, event rooms, games rooms and gyms. Looking into the future, experts believe that the luxury Buenos Aires real estate market will continue to grow. Buenos Aires’ reputation as a modern, comfortable and affordable city will always attract buyers. Investors continue to invest in this type of high-end property because they know that it will maintain if not increase in value.
Go back to Argentina Real Estate News:
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Palermo Green in Buenos Aires (Palermo Verde or Natural) Bosques of Palermo Buenos Aires
BUENOS AIRES HABITAT a pioneer of the extended stay hotel-style apartment concept in Buenos Aires. Offers luxurious furnished apartments in Buenos Aires for temporary rent as an alternative to high-class hotels. Whether your visit is for a few days or a few months, for vacation or business trip, we will make your Buenos Aires experience memorable. All of our Buenos Aires apartments offer high-speed internet access, cable TV and housekeeping service.
The second most important development is the Le Parc Figueroa Alcorta high rise, modern building that was carried out by the Raghsa development company. The building reaches an impressive height and has 50 floors and is the benchmark for luxury developments. Libertador 4444 is next on the Top Ten of Expensive Properties in Buenos Aires. This is also located in Palermo, but has been around longer than other properties in the list. In the time it has been on the Buenos Aires real estate map it has gained a reputation for quality and tradition that many people look for in their luxury homes. This luxury development is made up of three towers: two smaller and one bigger.
Another more traditional yet highly sought after development is the Kavanagh building in Retiro. This building was inaugurated in 1936 and still manages to capture the imagination of home owners and investors. The values and prestige of the Kavanagh building have proven to be timeless. Buyers here have plenty of variety to choose from price wise. For instance, a meter squared on the famous 650m2 big, 14th floor are worth around $ 6,000 US dollars, whereas, space on the 19th floor costs around US$ 4,000.
One of the set backs of this property is that it is not equipped with garage space and there is very little parking in the surrounding area. However, this architectural design classic and National Historic Monument would be perfect if you didn’t own a car. uildings that have become emblematic of Buenos Aires can charge Top Ten prices. Two examples of this type of historic building are the Campomar structures near the British Embassy in Recoleta. These developments purport an exceptional level of quality and style.
We must not forget to mention in the Top Ten of Expensive Properties in Buenos Aires the Puerto Madero neighbourhood of Buenos Aires and the stunning gems that are housed here. In recent years, Puerto Madero has become the Mecca for luxury developments and prices have reflected how fashionable this area has become. Puerto Madero is the most active Buenos Aires real estate market, despite the problems in the global economy that has forced many foreign investors to sell up here.
Prices here oscillate between $ 4,000 and $ 5,000 US dollars per square meter. As mentioned in the Top Ten list, some of the most prestigious properties are found here including: Faro, Renoir, Mulieris, Madero Center, Chateau and Le Parc. These modern developments are equipped with the latest and most spacious facilities like hydro massage pools, event rooms, games rooms and gyms. Looking into the future, experts believe that the luxury Buenos Aires real estate market will continue to grow. Buenos Aires’ reputation as a modern, comfortable and affordable city will always attract buyers. Investors continue to invest in this type of high-end property because they know that it will maintain if not increase in value.
Go back to Argentina Real Estate News:
Argentina Real Estate Trusts - Investments in Construction at Cost in Argentina
Palermo Green in Buenos Aires (Palermo Verde or Natural) Bosques of Palermo Buenos Aires
BUENOS AIRES HABITAT a pioneer of the extended stay hotel-style apartment concept in Buenos Aires. Offers luxurious furnished apartments in Buenos Aires for temporary rent as an alternative to high-class hotels. Whether your visit is for a few days or a few months, for vacation or business trip, we will make your Buenos Aires experience memorable. All of our Buenos Aires apartments offer high-speed internet access, cable TV and housekeeping service.
