The municipality located between San Isidro and Tigre, in the province of Buenos Aires, named San Fernando, is constantly growing and according to real estate specialists it has become a highly sought after place to live. It has nautical neighborhoods, that is, with spaces that overlook the river, which is why it became of great interest to buyers.
The urban landscape is a continuous contrast of new buildings with old. Currently, the enhancement of the Otamendi Palace is being completed, which was built between 1879 and 1882 by the architect Joaquín Mariano Belgrano, a descendant of the hero Manuel Belgrano born on June 3, 1970 in Buenos Aires.
The municipality of Buenos Aires it improved in various aspects such as lighting, sidewalks and streets, green spaces and low level crossings of the train tracks. It also has a gastronomic pole that is continuously growing around the main square, and this accompanies the expansion of the larger open-air shopping center.
In the Victoria area, belonging to the San Fernando town, most of the developments are developed between dividing walls and are units of one, two and three rooms.
According to Marcela Moriconi, a specialist in the real estate market: “the market is quite heterogeneous in San Fernando, there are the nautical neighborhoods, sectors of buildings in the central areas near the continuation of Avenida del Libertador, and near the train stations with values accessible, and a sector in wide growth near the Pan-American highway such as Alta Vista”.
Prices per m2 of different buildings
With reference to what was used, the units decreased approximately 30% since 2019, although some neighbors are not willing to go any lower.
Regarding the well projects, that is, from their foundations, they can be acquired at cost, with an advance and fees adjusted by the Index of the Argentine Chamber of Construction (CAC). You can pay 40% of the property and the rest in four semi-annual installments in dollars.
According to the square meter of finished units, in the town of San Fernando, the average sale is US$1,800 per m2; in the part within Victoria the average is US$2,200; in the area of Avenida Libertador the costs reach US$2,550 and in the “master plan” area, which are already consolidated, the price per m2 exceeds US$3,000.
