Section 1 - Buying to live
vs. Buying as Investment.
First you have to know why are
you buying property. Is completely different if you want to buy as an
investment and rent the apartment to tourists for short terms, than if
you want to live there because you want to relocate or retire in the
In the first case, you have to
focus in occupancy that you may expect, price of the property, and the
expected revenue (rent price). Size and location will determine them.
The area to buy if you are investing is definitively Recoleta. This is
the premium location for tourists, some of the very most important
tourist attractions of Buenos Aires
are located there. On the other hand if you are buying to live, there
are additional beautiful areas you may look, like Palermo Chico, Palermo Soho, Puerto Madero.
These areas would be great to live but won't be the
first option tourists will choose when they are visiting for first time.
As close to Recoleta's heart it will be better, also more expensive.
Size is an important factor.
The rents that give more profit margin are weekly rentals. I know you
don't want to live permanently in a 40 sq meters studio (132 sq feet
aprox.), but for tourists visiting 7 days is a great deal.
It will be
bigger than many hotel rooms, and they pay less, in some case almost 50%
less than a 4 stars hotel for something equivalent.