In Buenos Aires, neighborhood safety has become a key factor in deciding where to buy or rent property. According to a report, the neighborhoods of Caballito, Villa Urquiza, Saavedra, Villa Devoto, Villa del Parque, Palermo, and Recoleta are considered the safest. Property prices in these areas are over 30% higher than in neutral areas for similar amenities. Conversely, La Boca, Barracas, Parque Patricios, and Nueva Pompeya lead in the rate of intentional homicides. Experts attribute improved safety indicators to the growing adoption of technology, such as surveillance cameras and artificial intelligence systems, which allow for real-time monitoring. The installation of cameras has become the primary security measure, accounting for 70% of all adopted measures. This technology has significantly increased residents' sense of control and security. In 95% of cases, response to an incident is under 60 seconds, with an effectiveness rate of 97.6%.
Buenos Aires Neighborhood Safety Impacts Real Estate Prices
A study shows that high-security neighborhoods like Caballito and Palermo have over 30% higher real estate prices. The rise in technology, including surveillance cameras and AI, is improving safety metrics and reducing crime rates.