Mar 17 • 10:02 UTC 🇦🇷 Argentina La Nacion (ES)

Buying a newly constructed apartment or a used one to renovate: which is more convenient?

The article discusses the strategic considerations of buying newly constructed apartments versus used ones needing renovations in the current Argentine real estate market.

In the evolving Argentine real estate market, buyers are faced with the choice between purchasing a newly constructed property and acquiring a used apartment that requires remodeling. This decision is particularly strategic in the context of ongoing economic fluctuations, including notable impacts from dollar movements and inflation. The article emphasizes the importance of understanding the current market dynamics before making such a significant investment.

The Argentine real estate sector has shown signs of recovery from previous downturns, particularly with an anticipated upswing in 2025. Although the recovery has not been explosive, it has been steady, as evidenced by a rise in property sales and a halt in the decline of prices. The return of long-term mortgage loans has been a pivotal factor in this market resurgence, with the mortgage-to-sale ratio surpassing 15% in 2025, effectively doubling the average for the previous five years. This suggests that financing options are becoming more accessible once again, influencing buyer preferences and behavior.

Given these conditions, the question of whether to invest in a new property or a used one for renovation is critical. Buyers should weigh the benefits of modern amenities and lower maintenance costs associated with new constructions against the potentially lower purchase prices and opportunity for personalization that used properties offer. Each option carries its own set of risks and rewards, making it essential for potential buyers to conduct thorough analysis and assessment tailored to their financial situations and housing needs.

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