Argentina Real Estate

Tuesday, August 22, 2006

The Island



It's not about another sci-fi movie, that's the way people know one of the more refined corners of Buenos Aires. The Island is a rich and privileged area of the city that spread its streets with elegant residential buildings surrounded by parks and gardens. Placed inside the Recoleta neighborhood, it owns its special recognition to the hill where it's been built. The quietness of the streets thanks to the lesser traffic and the beautiful European style buildings give these blocks a particular style that visitors love and made them once rename it as "the little Paris". Nowadays, it has modern buildings as well, and embassies and historical fronts who remember a golden age of Argentina at beginnings of XX century.
The stairs in the park near the British Embassy are the main access way for tourists and walkers, cause traffic is limited and there aren't too many parking spaces, specially near the oldest buildings who keep them for owners.
As it's a very well bordered zone, there are no terrains available for construction left and properties are valuated between the highest rates of the city. The prices depend of several variables such as the street where the property is located, the building amenities and some random characteristics such as if it's a modern or an aged building. About the properties surfaces, there're some ones who even overcome the 600 sqm. This makes the buying and selling process longer than in other areas of the Buenos Aires Real Estate market, cause either owners and buyers take more time to consider. And just cause of those matters, neighbors are very loyal to the neighborhood and the properties for sale offer is limited.
The neighborhood is very exclusive not only due to the higher rates, yet cause it keeps a style who's been unalterable since always as well. People don't use to think on moving out except to the countryside or some place outside Argentina, and those ones who have gone have even chosen to keep their properties as apartments for rent in Buenos Aires. This way, the streets of the Island are nourished with outsiders who rather stay there while visiting Buenos Aires, or students who prefer its parks to read or paint.
Along with the neighborhood attractives, a few minutes away from Recoleta's malls and luxury shops, visitors can have their meal at one of the nice cafés surrounding the gardens, or have lunch at one of the Island's elegant restaurants, known for their exclusive and quiet lounges for no more than six tables.

1 Comments:

  • At 11:33 AM , Blogger Carla said...

    You need to see this area in Argentina where all the embassies are. The buildings in which they are located are not exactly building but old aristocrat houses that haave beautiful gardens at the back and in the front. The apartment for rent in buenos aires I stayed in was in the embassies area (the actual name of the neighbourhood is Palermo chico) and they were one next to the other, creating the street of the dreams, as I used to call it. Seriously, did you see it?

     

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