Feb 14 • 12:39 UTC 🇦🇷 Argentina La Nacion (ES)

The offer and prices of apartments and lots being sold in Pinamar, Cariló, and Costa Esmeralda

An increased demand for luxury properties by the sea has transformed Pinamar into a year-round destination, enhancing its real estate market.

Pinamar, along with Cariló and Costa Esmeralda, is experiencing a significant growth in real estate demand, primarily driven by affluent buyers looking for properties that offer amenities and a coastal lifestyle year-round. According to marketing manager Carolina Laschera Lenti, this shift in consumer behavior reflects broader trends in tourism, where visitors are increasingly drawn to these locations 12 months a year rather than just during the traditional summer season.

The local market is responding with a surge in development, particularly in the multifamily sector of Pinamar Norte, where 30 projects are currently underway, 26 of which are apartment buildings. As construction costs rise, there are implications for pricing in the coming years, with expectations that the increased costs will influence sales dynamics. The data points to a booming sector that is adapting to meet changing demands for luxury and security, appealing to both domestic buyers and potential investors.

This real estate boom underscores a significant transformation in Pinamar’s image, shifting from a seasonal getaway to a desirable residential community. The enhancements in local amenities and infrastructure are likely to continue attracting high-end buyers, suggesting long-term economic benefits for the region. The combination of natural beauty, increased services, and a year-round vibrant community positions Pinamar and its neighboring areas as prime targets for real estate investment, reflecting broader trends in urban development and lifestyle changes in Argentina.

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