An area of Palermo is undergoing an amazing transformation these days, which is reflected in the demand for properties to live there. Located in the triangle between Colegiales, Belgrano R and Chacarita, the so-called Chacalermo consolidates as the most sought after neighborhood in the city of Buenos Aires and as an example of urban development with respect for the imprint and culture of the neighborhood.
The developer NorthBairesowner of the prestigious brand of om buildings, was one of the first to detect the phenomenon that was projected on the area, and launched a real estate project unique in size and services, with all the characteristics of this new center of the city. Today, with the work started and with the deliveries scheduled within 36 months, OM Palermo (www.northbaires.com.ar/emprendimientos/om-palermo), It was consolidated as a benchmark in the young premium segment due to its location, its amenities and its functionalities: a building designed to be the trend in a trend-setting neighborhood.
But what has the most impact on the market is that OM Palermo offers a unique purchase modality: the developer allows the purchase of a complex unit financed in 80 installments for an amount that almost represents the value of a monthly rent. And even more: the purchase model allows the owner to finish paying in the years after they have moved, while they already live there.
Given the strong demand registered, the company launched a new number of properties under this modality in the second half of January. Located where the old offices of the Polka production company used to work, on an extraordinary piece of land between Jorge Newbery, Maure and Álvarez Thomas and Córdoba avenues, with 35 meters of frontage at both exits, OM Palermo is a residential complex financially and architecturally conceived for the young premium segment, that makes this area of the city a pole of trends.
The cobbled streets, with large trees and green spaces, and classic Buenos Aires architecture offer a perfect mix for recreation and the development of urban aesthetics among vermouth bars, corner cafes, art galleries, and signature shops from different items. This mix of trends and landscapes give it a charm comparable to the Le Marais neighborhood in Paris, which is characterized as the epicenter of young life and cultural offerings.
In this new stage of sale, the developer allows the purchase of residences in the complex in such a way that those who purchase a unit end up pay in 40 monthly installments after you have moved, what a unique format in today’s market.
The model is simple: with a advance of 25% of the total of the unit, access to a payment plan consisting of 80 installments payable in 6 and a half years (80 months) in two installments. The first 40 installments are paid during the development of the complex, which is already underway and will be completed in 36 months, and the second 40 installments are paid after the delivery of the unit, already living in the acquired residence.
The units, of one and two rooms mostly, start at $77,000 (a studio apartment of 33 M2, with a balcony). In that case, the down payment would be $19,250, and in the first 40 months the fee would be $580 per month. The owner takes possession of his unit and after moving into his own house, he will pay 40 installments equal to $880 per month.
The company even developed a virtual calculator and uploaded it to the project website (https://northbaires.com.ar/calculadora/) so that those interested can estimate the fees they would pay based on the unit that interests them.
The complex is unique, and consists of two 10-story buildings each located in the middle of a lot of unthinkable dimensions for the area. The land occupies a third of the block. It has 35 meters of frontage at both exits and 68 meters deep, offering a total of 256 apartments and exclusive services, a landscaped garden, swimming pools, rooftops and a huge internal coworking.
With the works already started, the completion period is scheduled for within 36 months. The commercialization of the units started more than a year ago and more than 60 percent of the apartments have already been sold.
Arriving first has its benefits: OM Palermo is the trend, in the neighborhood that sets trends.
by CEDOC
