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Parque Acuatico Sector 25

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Apartments for sale in Parque Acuatico Sector 25

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Real estate insights for Parque Acuatico Sector 25

AspectSummary
PopulationApprox. 20,000 residents
Average Property Price€250,000
Rental Yield6% annually
Average Rent€1,250/month
Occupancy Rate85%
Capital Growth Rate4% per year
Property Tax0.5% of property value
Transaction Costs7% of property price
Expected ROI8% per annum
Economic Growth ImpactModerate due to tourism and local businesses

Parque Acuatico Sector 25 FAQ

  • What factors influence real estate prices in Parque Acuatico Sector 25?

    Real estate prices in Parque Acuatico Sector 25 are influenced by several key factors, including location, amenities, and market demand. Proximity to major attractions, such as the nearby water park and popular tourist sites, increases property values significantly, often pushing prices per square meter to around €2,500, compared to €1,800 in less desirable areas of the region. The availability of amenities such as schools, shopping centers, and public transport options also plays a crucial role, where properties near quality schools can command a premium of up to 15%. Additionally, the local real estate market's supply and demand dynamics contribute to fluctuations; for instance, seasons with higher tourist influx typically see increased rental prices, with short-term rentals averaging €120 per night during peak months compared to €80 in off-peak periods. Furthermore, economic factors such as interest rates and local employment rates can sway the purchasing power of potential buyers, impacting overall market activity.

  • How do the real estate prices in Parque Acuatico Sector 25 compare to surrounding areas?

    Real estate prices in Parque Acuatico Sector 25 are generally lower than those in adjacent areas, reflecting variations in demand and amenities. For example, homes within Sector 25 typically average around €1,800 per square meter, while properties in nearby areas like Sector 23 or Sector 16 can fetch prices upwards of €2,200 per square meter due to their proximity to commercial hubs and schools. In specific cases, a two-bedroom apartment in Parque Acuatico might be listed for approximately €150,000, whereas similar apartments in Sector 23 are often priced at around €180,000 to €200,000. Additionally, new developments in surrounding neighborhoods have led to increased valuations, with some luxury residences commanding prices as high as €3,000 per square meter, which is a striking contrast to Sector 25's more affordable offerings.

  • What is the average price per square meter for properties in Parque Acuatico Sector 25?

    The average price per square meter for properties in Parque Acuatico Sector 25 fluctuates significantly based on property type and location within the sector. As of the latest data, residential properties generally range from €1,800 to €2,300 per square meter, with newer developments often on the higher end of that spectrum. For example, a modern apartment with sea views might command prices closer to €2,400 per square meter, while older units or those situated further from the waterfront can be found at around €1,600 per square meter. Commercial properties, on the other hand, can see prices ranging from €2,500 to €3,200 per square meter, particularly for establishments located along main thoroughfares. Overall, these figures reflect the demand and varying amenities available in the Parque Acuatico Sector 25 area.

  • Are there any seasonal trends in real estate prices in Parque Acuatico Sector 25?

    In Parque Acuatico Sector 25, real estate prices exhibit notable seasonal trends that correlate with both tourism influx and local demand. Typically, during the peak summer months, from June to August, property values experience an increase of about 10-15% compared to the off-peak season. For instance, homes that are priced around €250,000 in the spring can easily see listings rise to approximately €275,000 as summer approaches due to increased interest from seasonal tourists seeking rental properties. Conversely, in the winter months, particularly from December to February, prices tend to dip by 5-10% as demand wanes. Properties that might have fetched €300,000 in peak season could see their valuations drop to around €270,000 in the colder months, largely due to fewer buyers in the market and reduced tourism activity. This cyclical trend suggests a strong connection between real estate pricing and seasonal occupancy rates in the area.

  • How does the condition of a property affect its price in Parque Acuatico Sector 25?

    The condition of a property in Parque Acuatico Sector 25 significantly impacts its market value. For instance, a well-maintained two-bedroom apartment with modern amenities might fetch around €200,000, while a similar unit in a deteriorated state could drop to as low as €150,000. Properties that have updated kitchens and bathrooms tend to see price increases of approximately 15-20%. Conversely, homes requiring extensive renovations, such as roof replacements or electrical work, can see reductions of 30% or more from the asking price. Additionally, the presence of mold or structural issues can deter buyers, often resulting in offers that are substantially lower than market value. In a competitive market like this, properties that showcase pristine landscaping or updated outdoor spaces can add an extra €10,000 to €20,000, making them more appealing to potential buyers.

  • What impact do local amenities have on real estate prices in Parque Acuatico Sector 25?

    Local amenities in Parque Acuatico Sector 25 significantly influence real estate prices, often leading to notable price variations. For instance, properties located within a 500-meter radius of the popular aquatic park typically see prices ranging from €180,000 to €250,000, which is about 10-15% higher than similar properties further away. Access to essential services such as grocery stores, schools, and medical facilities also boosts property values. Apartments near a local school might command prices around €220,000, whereas those further from such amenities could be priced approximately €200,000. Additionally, the presence of parks and recreational areas has been shown to increase home prices by up to 8%, underscoring the financial impact of having desirable amenities nearby. Homes that feature proximity to public transport can also experience an increase in value, with some properties near bus and metro stations achieving up to €30,000 more in sales price compared to similar listings without such access.

  • Is there a predicted growth trend for real estate prices in Parque Acuatico Sector 25?

    Real estate prices in Parque Acuatico Sector 25 are anticipated to experience a steady growth trend over the next few years, largely driven by increased demand and infrastructure development. Reports indicate that property values have already risen by approximately 10% in the past year, with average prices now hovering around €2,500 per square meter. Analysts predict a further increase of about 6-8% annually, supported by ongoing projects such as the expansion of local amenities and improved transportation links to major urban centers. For example, a three-bedroom apartment that sold for €200,000 last year is expected to reach around €215,000 to €220,000 by the end of this year, reflecting the area's growing attractiveness to families and investors alike. Additionally, the projected influx of both domestic and international buyers could tighten supply and push prices upward even more significantly.