. Price had a strong rise in 2010, rents increased about 40%
The sale of 42,600 km of 2010 brought zero pressure to the demand for garages in several neighborhoods of Montevideo raising prices. Today buying a means to disburse an average of $ 15,000. Renting can cost $ 2,000 a month. Real estate consulted by El Pais realized that this situation is reflected especially in coastal districts as Pocitos and Punta Carretas where population density is important, while others such as the Center's behavior was different.
Part of the shortage of parking spaces is because decades ago there were no minimum requirements for construction of garages in buildings. Is that before a car was considered a luxury good and as is now common for families to buy and have more than one real estate operators warn that is key when building the count with spaces for vehicles ( at least for two-bedroom units).
"Today as never seen in Pocitos many cars parked on the street," said Eduardo de Arteaga, director of Arteaga Hill Properties. The businessman said that higher sales of vehicles increased demand for garages until "Axis of price reached U.S. $ 15,000." He added that the rents of garages also rose. "If it was $ 1,100 per month, now at $ 1,500 or even $ 2,000, depending on the density of population of each district.
Ananikian Director of Real Estate, Ananikian Wilder, said that prices of garages in Pocitos and Punta Carretas worth no less than $ 15,000, whereas before they were between $ 10,000 and $ 12,000. " He explained that some buildings are half as garages properties and the ratio between the value of a parking space and the property is around 10%. "In an apartment with two bedrooms and two bathrooms costs U.S. $ 220,000 is added to a garage of $ 20,000, "he remarked.
For his part, Alexander Passadore, codirector Passadore Real Estate, said the garages increased enough" to return to the values \u200b\u200bprior to the 2002 crisis, in the vicinity of $ 12,000 and $ 15,000. He said that builders are offering garages for about $ 20,000 and that some reach double garages asking $ 24,000. As indicated, the share price of the garage on the property corresponding level is generally 10% to 15%. The employer also said that car owners of $ 20,000 or more prefer to keep them in a garage on the perception that there a significant number of thefts.
"40 or 50 years ago were buildings with room for ten cars and 40 apartments. Before everyone had no vehicle, was a good status and not a need for transportation as it is today," he said.
on non-coastal areas as the Centre, said that prices of apartment buildings garages "are kept to a reasonable margin, of between $ 10,000 and $ 12,000. Also noticed a rise in rents, "Until a year and a half were $ 1,000, but rose to $ 1,200 and in some regions the rent from $ 1,500," said Passadore.
For his part, Martin Noble, Breccia selling Real Estate, said prices of garages in the center remained the last three years in a range between $ 10,000 and $ 15,000 depending on location.
In his view, there is no relationship between the price of the garage and the corresponding property. He added that the properties have garages that are worth much less. "In these cases the buyer puts a kind of penalty on the seller and low price," he said.
garages prices are lower. Other sources of operating real estate properties in the Central and preferred to remain anonymous, said they range from $ 5,000 onwards and which "have not been much change." In this Case, were most affected by the land tax hikes, tax-to-door or common expenses for the sale of vehicles, they said.
figure 1,200 are the weights that costs less to rent a garage in the capital, according to market players. In some cases reaches the $ 1,500 maximum. BUILDINGS
The property prices recorded a rise of 16.4% in the last quarter of 2010 compared to same period last year, according to a report released last week by the National Institute of Statistics. That was the price rise, measured in dollars per square meter. In pesos, the increase was 15.3%. All year 13.3% also increased the rate of amount of purchases recorded compared with October-December 2009. As usual, the departments that transactions were recorded over Montevideo, Canelones and Maldonado. In December, these departments had a total participation of 34%, 15% and 15% respectively. Six
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