Buying real estate in Argentina?

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Will properties get more expensive in Argentina in 2026?

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Authored by the expert who managed and guided the team behind the Argentina Property Pack

buying property foreigner Argentina

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Property prices in Argentina are expected to increase significantly in 2026, driven by economic stabilization and continued foreign investment.

The Argentine residential market is experiencing a strong recovery phase, with Buenos Aires prices rising 38.9% year-over-year in USD terms as of 2025. Economic reforms under President Milei, declining inflation rates, and favorable exchange rates are creating conditions for sustained price appreciation through 2026.

If you want to go deeper, you can check our pack of documents related to the real estate market in Argentina, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At The LatinVestor, we explore the Argentine real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Buenos Aires, Rosario, and Mendoza. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average price per square meter for residential properties in Argentina's main cities?

Buenos Aires residential properties average $2,460 per square meter as of September 2025, with significant variation across neighborhoods.

Premium neighborhoods command substantially higher prices, with Puerto Madero reaching $5,931-$6,500 per square meter and Palermo Soho exceeding $4,000 per square meter. These areas attract both local affluent buyers and foreign investors seeking luxury accommodations.

Mid-range districts like Belgrano average $2,916 per square meter while Nuñez sits at $2,808 per square meter. These neighborhoods offer good value for families and investors seeking steady appreciation potential. Budget-friendly areas include Caballito at $2,268 per square meter and Villa Lugano ranging from $1,500-$1,800 per square meter.

Outside Buenos Aires, cities like Rosario, Mar del Plata, Mendoza, and Córdoba show moderate price growth with coastal Mar del Plata gaining particular investor attention. These secondary markets offer entry points for investors seeking diversification beyond the capital.

It's something we develop in our Argentina property pack.

How have property prices changed over the last 10 years in Argentina?

Argentine property prices experienced dramatic volatility over the past decade, with recent recovery offsetting earlier declines.

In USD terms, Buenos Aires recently saw a remarkable 38.9% year-over-year increase, with most neighborhoods experiencing 5-12% annual growth since 2020. This represents a sharp reversal from the stagnation period of 2018-2022 when economic uncertainty dominated.

The longer-term picture reveals significant challenges, with local currency property values suffering a 70% real decline due to hyperinflation as of 2024. However, USD-denominated prices have recovered strongly, especially in premium areas, following President Milei's economic reforms implemented in late 2023.

Recent annual nominal growth rates ranged from 6-12%, with analysts forecasting 7-10% annual USD gains through 2028. This positive trajectory reflects improved economic fundamentals and renewed investor confidence in Argentine real estate as a store of value.

What's Argentina's projected inflation rate for 2025-2026 and its impact on real estate?

Argentina's inflation rate is projected to decline significantly from recent highs, creating favorable conditions for real estate investment.

For 2025, inflation is expected to reach 30-35% year-over-year, representing a substantial decrease from the 211% peak in 2023 and over 120% in 2024. This dramatic improvement reflects the success of stabilization measures implemented under the current administration.

The 2026 outlook shows further stabilization, with monthly inflation trending around 3%, translating to a yearly rate in the 35-40% range if current policies continue. This represents the most stable inflationary environment Argentina has experienced in years.

Lower inflation directly benefits real estate markets by improving mortgage accessibility and stabilizing USD-denominated prices. Investors can better predict returns, while local buyers gain access to financing previously unavailable during hyperinflationary periods. This environment supports continued upward momentum in real property values.

What's Argentina's expected GDP growth and its correlation with property prices?

Argentina's GDP is forecasted to return to positive growth in 2025-2026 after recession, supporting property market expansion.

Year GDP Growth Forecast Property Market Impact
2025 2.8% - 5.5% Strong recovery phase
2026 1% - 3% Sustained moderate growth
Historical Pattern Positive correlation GDP growth = price appreciation
2020 Recession -9.9% GDP decline Price stagnation/decline
Growth Periods 2-4% sustained growth Foreign investment increases
Current Cycle Reform-driven recovery Premium segment leading
Regional Context Outperforming neighbors Capital flight reversal

What's the forecasted USD to Argentine peso exchange rate for 2025-2026?

The Argentine peso is expected to continue depreciating against the USD, making property increasingly attractive for foreign buyers.

As of December 2025, the exchange rate is projected to reach 1,299.97 ARS per USD, with further depreciation to 1,374.96 ARS per USD by March 2026. Some institutional estimates suggest potential stabilization around 1,212-1,237 ARS/USD or even 998 ARS/USD by mid-2026.

This continued peso weakness creates significant opportunities for USD-denominated buyers, effectively making Argentine real estate more affordable for foreign investors. The depreciation trend has been a key driver of the recent surge in international property purchases.

Exchange rate volatility remains a consideration, but the overall trajectory supports increased foreign investment flows into Argentine real estate. Buyers with USD access can leverage this currency advantage while peso-earning locals face increasing affordability challenges in premium segments.

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How many new housing units will be built through 2026 compared to demand?

Argentina's housing supply is rebounding from severe contraction, with construction output beginning to recover in 2025.

Construction output contracted sharply by 21% in 2024 due to economic uncertainty, but recovery is expected with 4.1% real growth projected for 2025. The construction sector is forecasted to grow at 5% annually starting in 2026 as economic conditions stabilize.

Housing starts are projected to rebound significantly, though supply continues to lag demand in premium segments, especially in urban Buenos Aires and Rosario. This supply-demand imbalance supports continued price appreciation in desirable neighborhoods.

Investor and homebuyer demand has outpaced supply in high-value central districts, while rental availability surged 170% following the repeal of rent controls in 2024. This dramatic increase in rental supply reflects property owners' renewed confidence in market mechanisms and legal protections.

It's something we develop in our Argentina property pack.

What are the current rental yields in major Argentine cities?

Net rental yields in prime Buenos Aires apartments currently average 3-4%, with renovated units commanding 20-30% higher returns than older properties.

Rental yields fell sharply in real terms during the hyperinflationary period but have stabilized and risen following 2023 reforms and rent control repeal. The elimination of rent regulations has allowed market forces to establish appropriate pricing levels.

Rental supply is now at historic highs in Buenos Aires, up 170% from previous levels, but quality apartments maintain strong yields due to persistent demand from both locals and expatriates. This abundance of rental options benefits tenants while providing property owners with competitive returns.

The trend over the last five years shows initial decline during economic instability, followed by sharp recovery post-reform. Quality properties in premium locations continue to outperform older or poorly located alternatives, emphasizing the importance of property selection for investors.

What's the mortgage interest rate trend and forecast for 2026?

Mortgage interest rates have declined dramatically from crisis levels, with continued improvement expected through 2026.

Rates peaked at 70-80% during 2023's economic crisis but have moderated significantly following stabilization reforms. Mortgage activity has exploded with 1,042% year-over-year growth in 2025, reflecting rapid recovery and improved access to financing.

The 2026 forecast shows continued rate declines as inflation stabilizes, supporting further market expansion. Lower borrowing costs make property purchases more accessible to local buyers while improving investment returns for leveraged purchases.

This mortgage accessibility represents a fundamental shift from the crisis period when financing was essentially unavailable. The restoration of credit markets provides crucial support for sustained property market growth and broader economic recovery.

infographics rental yields citiesArgentina

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Argentina versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

How have foreign investment levels changed and what's the 2026 forecast?

Foreign investment in Argentine real estate has surged dramatically following policy reforms, with continued acceleration expected in 2026.

Foreign buyers now represent 15-20% of transactions in premium Buenos Aires neighborhoods, a substantial increase from previous years when regulatory restrictions limited international participation. This surge began following 2023 reforms that relaxed foreign ownership restrictions and improved legal protections.

The 2026 forecast shows continued acceleration of foreign investment, driven by ongoing reforms, enhanced legal protections, and favorable exchange rates. International buyers are attracted by both investment opportunities and lifestyle factors in Argentine cities.

Policy changes have created a more welcoming environment for foreign investors, while economic stabilization reduces perceived risks. This combination of factors positions Argentina as an increasingly attractive destination for international real estate capital seeking emerging market exposure.

What's the current unemployment rate and forecast for 2025-2026?

Argentina's unemployment rate is expected to decline modestly as economic growth resumes, supporting housing demand.

The 2025 unemployment rate is forecasted at 7.8-8.5% after experiencing high volatility through 2023-2024 during the economic transition period. This represents stabilization from the uncertainty that characterized recent years.

For 2026, unemployment is expected to decline toward 7-8% if growth continues as projected. Lower unemployment typically correlates with stronger housing demand as more people gain stable income and access to financing.

Employment stability supports both owner-occupier and rental demand, creating favorable conditions for property appreciation. The improving job market also enhances mortgage qualification rates and overall market confidence among domestic buyers.

How do current property transaction times compare to five years ago?

Property transaction times have improved dramatically, reflecting increased market liquidity and efficiency.

As of 2025, average property sales close in 1-2 months in active neighborhoods, with particularly high liquidity in premium segments where foreign buyers compete actively. This efficiency reflects improved market conditions and streamlined processes.

Five years ago in 2020, transaction times typically extended 3-5 months due to slow market conditions, strict controls, and low demand during the economic crisis. The contrast illustrates the dramatic market improvement achieved through recent reforms.

Transaction volumes have risen 39-47% year-over-year in 2024-2025, indicating robust market activity. This increased velocity benefits both buyers and sellers by reducing uncertainty and carrying costs associated with prolonged sale processes.

It's something we develop in our Argentina property pack.

How much did property prices drop during Argentina's last major economic downturn?

During the 2020 crisis and COVID recession, real USD property prices in Buenos Aires fell 35-45% from peak levels.

This dramatic decline reflected multiple factors including peso devaluation (over 40% loss against USD in five years), economic contraction, and restricted mobility during the pandemic. The crash particularly affected premium segments that depend on international buyers.

Current recovery shows most premium locations approaching or exceeding pre-pandemic dollar values in 2025, demonstrating the market's resilience and attractive recovery potential. This V-shaped recovery pattern has rewarded investors who purchased during the downturn.

The experience illustrates both the risks and opportunities in Argentine real estate, where economic volatility creates significant price swings but also presents compelling entry points for patient investors with USD access.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Average House Price Argentina
  2. Argentina Price Forecasts
  3. Adventures in CRE - Argentina Market
  4. Global Property Guide - Price Trends
  5. Trading Economics - Inflation Rate
  6. BBVA Research - Inflation Analysis
  7. Trading Economics - GDP Growth
  8. Exchange Rates Forecast