Construction of 1 and 2 bedroom apartments; an upward trend

Nowadays, the construction business in Buenos Aires is on the rise; more specifically, the construction of apartments buildings. With the idea of seeking higher profitability, the construction companies are building mainly 1 and 2 room apartments. This may be profitable to businesses, but it makes big families stay out of the market.

These days, there are less and less big houses or apartments. Those houses which are on sale, once they are sold, they are destroyed and turned into buildings of 1 or 2 room apartments.

One of the reasons why this trend of building of 1 or 2 rooms exists is due to the rise on prices; the bigger the apartment, the more expensive is to buy it or rent it.

Moreover, another reason might be that, many people buy apartments as an investment. Should this be the case, they are more likely to buy a small apartment, in order to rent it more easily, and buy it at a cheaper price (than the big ones).

Notwithstanding these reasons, which are pretty logical, it should be noticed that big families, still look for bigger apartments.

In relation to this, even though the statistics show that, when renting, more people tend to look for a 1 or 2 room apartment, it is also the case that, when choosing to buy, the amount of people who look for a 3-room apartments higher than those of 1 or 2 rooms. For this reason, a good alternative of investment, with a previous market research, it could be to build bigger (yet not giant) apartments, in order to fulfill the big families' needs.

Even though the construction business still on the rise, and with that, the tendency to build 1 or 2 room apartments, you should consider checking if building bigger apartments could be profitable. On the other hand, if you wish to make an investment and buy a small apartment, you will have the chance of finding them all over the city; just do some research; you won't have any trouble in finding them.