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What is the outlook for the real estate market in Argentina?

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

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Argentina's real estate market is experiencing a dramatic recovery, with transaction volumes surging 39-47% and prices rebounding from historic lows.

Property prices in Buenos Aires are rising 5-9% annually while foreign currency buyers benefit from peso devaluation and renewed mortgage lending activity.

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, Córdoba, 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 are the current property prices and sales volumes in Argentina?

As of September 2025, Buenos Aires property prices average USD 2,268-2,500 per square meter citywide.

Premium neighborhoods command significantly higher prices, with Puerto Madero reaching USD 5,931-6,500 per sqm and Palermo ranging from USD 3,172-4,300 per sqm. The median sale price across major Argentine cities stands at USD 355,000 as of April 2025.

Sales volumes have experienced a remarkable recovery, increasing 39.7-47.3% compared to the previous year. This surge reflects renewed confidence in the market and improved access to financing. Transaction activity has been particularly strong in Buenos Aires, where both local and foreign buyers are actively participating.

Mortgage activity has exploded, surging over 1,000% as interest rates dropped significantly. This dramatic increase in lending availability has become a key driver of both demand and price appreciation across Argentina's residential market.

The market shows clear segmentation, with luxury properties in premium areas maintaining the highest price points while emerging neighborhoods offer more accessible entry prices for investors and first-time buyers.

How have property prices and sales changed over the past year?

Argentina's property market has experienced dramatic changes between July 2024 and July 2025, with contrasting trends in nominal versus real terms.

In nominal peso terms, property prices increased 5-9% citywide, with premium neighborhoods seeing 8-12% growth. However, when adjusted for Argentina's hyperinflation exceeding 120%, real property values actually declined 70-71%, creating a complex market dynamic.

In USD terms, the picture looks more positive with median prices up 38.9% and transaction volumes rising 39.7-47.3%. This reflects the peso's continued devaluation and the market's increasing dollarization, particularly benefiting buyers with foreign currency access.

The recovery from 2024's historic lows has been substantial, driven primarily by restored mortgage lending and improved economic sentiment. Sales volumes have rebounded dramatically after years of market stagnation, indicating renewed investor and buyer confidence.

Foreign investment has played a crucial role in this recovery, with international buyers taking advantage of favorable exchange rates and relatively low property prices compared to global standards.

What are the price and volume projections for the next 12 months?

Buenos Aires property prices are projected to grow 5-8% in USD terms over the next year, with premium areas expected to achieve 8-12% growth.

Sales volumes are forecast to remain strong, especially if current mortgage lending trends continue and inflation begins to moderate. The combination of improved financing availability and pent-up demand suggests sustained transaction activity through 2026.

Market analysts expect the recovery momentum to continue, particularly in high-quality properties and well-located neighborhoods. The ongoing dollarization of the market provides stability for USD-based projections, making forecasts more reliable than peso-denominated predictions.

Mortgage lending is expected to remain a crucial factor, with continued low interest rates supporting buyer demand. If economic policies successfully reduce inflation, real purchasing power could improve, further boosting market performance.

However, projections remain cautious about potential economic volatility and currency fluctuations that could impact market stability throughout 2026.

What is the medium-term outlook for Argentina's real estate market (3-5 years)?

The medium-term outlook for 2026-2029 shows promising growth potential, with forecasts indicating 7-10% compound annual growth in USD terms.

Market research projects a compound annual growth rate (CAGR) of 3-3.04% through 2033, suggesting steady appreciation over the longer term. This conservative but positive outlook reflects expectations of continued economic stabilization and market maturation.

Buenos Aires is expected to maintain its position as Argentina's premier real estate market, with premium neighborhoods likely to outperform the national average. Secondary cities like Córdoba and Mendoza may offer higher growth potential from lower bases.

The market's increasing integration with global real estate trends, particularly through dollarization and foreign investment, should provide greater stability and predictability over the medium term. Infrastructure improvements and urban development projects may create new growth corridors.

Key risks include potential currency crises, policy changes affecting foreign investment, and broader economic instability that could disrupt growth trajectories. Success will largely depend on Argentina's ability to maintain macroeconomic stability and continue market-friendly policies.

How do price trends differ between major cities, smaller towns, and rural areas?

Location Type Average Price/sqm (USD) Current Trend
Buenos Aires Premium 5,931-6,500 8-12% annual growth
Buenos Aires Average 1,500-2,268 5-8% annual growth
Secondary Cities (Rosario, Mendoza) 1,000-3,000 Steady to modest growth
Córdoba 1,200-2,500 Emerging investor attention
Coastal Areas (Mar del Plata) 1,500-2,800 Tourism-driven demand
Smaller Towns/Rural 300-800 Limited activity, price stability
Wine Regions (Mendoza) 1,800-3,200 Niche luxury market growth

Which property types are performing best in Argentina's current market?

Modern apartments in Buenos Aires are currently the strongest performers, particularly renovated units in premium neighborhoods.

One to three-bedroom apartments show the highest demand and best price appreciation, especially in areas like Palermo, Puerto Madero, and Villa Crespo. These properties benefit from strong rental demand and foreign buyer interest, driving both capital appreciation and rental yields.

New developments and recently renovated properties significantly outperform older stock, with buyers prioritizing modern amenities and energy efficiency. High-quality buildings with professional management and security features command premium prices and faster sales.

Commercial real estate in prime locations is also showing strength, particularly retail spaces and office buildings in central Buenos Aires. However, residential properties continue to lead the market recovery due to improved mortgage availability and demographic trends.

Single-family houses perform well in suburban areas and secondary cities, offering better value for families and investors seeking higher rental yields outside the capital.

What are the main factors driving or slowing down Argentina's property market?

Renewed mortgage lending represents the single most important factor driving market recovery, with lending activity surging over 1,000% as interest rates dropped significantly.

Currency devaluation benefits foreign buyers and creates attractive pricing for USD-holders, making Argentine real estate comparatively affordable on the global market. The ongoing dollarization of property transactions provides stability and attracts international investment.

Economic policy changes under the current administration have improved business confidence and reduced regulatory uncertainty, encouraging both domestic and foreign investment in real estate. Political stability and market-friendly reforms continue to support investor sentiment.

However, hyperinflation exceeding 120% remains a significant challenge, eroding real purchasing power for peso-earning locals and creating volatility in market dynamics. This inflation makes nominal price increases misleading and complicates long-term planning.

Economic instability and currency risk continue to pose challenges, with Argentina's history of financial crises creating cautious investor sentiment despite current positive trends.

How are inflation, interest rates, and currency affecting real estate demand?

Hyperinflation exceeding 120% creates a complex environment where nominal price increases mask real value erosion, making property an attractive hedge against currency devaluation for peso-holders.

Dramatically reduced interest rates have restored mortgage lending, becoming the primary catalyst for increased demand and transaction volumes. This shift from previous high-rate environments has made property purchases accessible to a broader range of buyers.

The peso's continued weakness (down approximately 96% since 2019) benefits foreign currency holders and drives the market's increasing dollarization. USD-based transactions now dominate high-end segments, providing stability and predictability for international investors.

Currency instability pushes both investors and residents toward real estate as a store of value, creating strong underlying demand despite economic uncertainty. Property ownership provides protection against further currency devaluation and inflation.

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Which areas and property types are expected to see the highest growth?

Buenos Aires premium neighborhoods lead growth expectations, with Palermo Soho, Puerto Madero, and Villa Crespo showing the strongest appreciation potential.

Modern apartments in these areas, particularly luxury units and new developments, are positioned for the highest capital gains. Properties with contemporary amenities, professional management, and prime locations consistently outperform market averages.

Secondary cities present emerging opportunities, with Rosario, Mar del Plata, and Mendoza attracting increased investor attention. These markets offer higher growth potential from lower price bases while maintaining strong fundamentals.

Coastal properties in Mar del Plata benefit from tourism demand and rental potential, while Mendoza's wine region attracts niche luxury buyers seeking lifestyle properties with appreciation potential.

Mixed-use developments combining residential and commercial spaces in central Buenos Aires locations show promise, benefiting from both rental income potential and capital appreciation in high-demand areas.

Where and what type of property offers the best value for living?

Emerging Buenos Aires neighborhoods like Villa Crespo, Belgrano, and Caballito provide the best value for money for residents, offering good infrastructure and steady appreciation at lower entry prices than premium zones.

Two to three-bedroom apartments in these areas offer excellent lifestyle value with access to Buenos Aires amenities while maintaining reasonable purchase prices. These neighborhoods combine urban conveniences with more affordable real estate options.

Secondary cities like Córdoba and Mendoza present outstanding value propositions, offering modern amenities, cultural attractions, and quality of life at significantly lower costs than Buenos Aires. These cities provide strong investment upside while maintaining livability.

Properties near public transportation and commercial centers maximize convenience while ensuring long-term value retention. Modern or recently renovated apartments provide the best balance of immediate livability and future appreciation potential.

First-time buyers should focus on well-located apartments under USD 200,000 in emerging neighborhoods rather than compromising on location for larger spaces in less desirable areas.

Where and what property type offers the best rental yields?

Small, renovated apartments in Buenos Aires generate the highest rental yields, typically achieving 5-8% gross returns, especially studios and one to two-bedroom units.

Properties in neighborhoods with high student and young professional populations, such as areas near universities and business districts, command strong rental demand and consistent occupancy rates. Modern amenities and good maintenance are crucial for maximizing rental income.

Post-rent control repeal has increased rental volumes, though yields may decline slightly as property prices rise and rental supply increases. However, the improved rental market dynamics benefit landlords through more flexible lease terms and faster tenant turnover.

Furnished apartments targeting short-term and corporate rentals can achieve higher yields, particularly in tourist-friendly neighborhoods and business districts. These properties require higher initial investment but generate premium rental rates.

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

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.

Where and what property type has the strongest potential for capital gains?

Premium Buenos Aires neighborhoods, particularly Palermo Soho and Puerto Madero, offer the strongest capital appreciation potential based on historical performance and current market dynamics.

Modern, high-quality apartments in these areas have consistently shown the quickest price recovery during market upturns and the highest long-term appreciation rates. New developments and luxury properties in top locations provide the best prospects for significant capital gains.

Properties in emerging neighborhoods with development potential, such as areas undergoing urban renewal or infrastructure improvements, present opportunities for above-average appreciation as these districts mature and gentrify.

Waterfront properties and those near major infrastructure projects may experience substantial value increases as urban development progresses. However, these investments require careful analysis of development timelines and regulatory approvals.

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

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. Argentina Price Forecasts - The LatinVestor
  2. Average House Price Argentina - The LatinVestor
  3. Buenos Aires Price Forecasts - The LatinVestor
  4. Exploring Latin America's Real Estate Markets Argentina - Adventures in CRE
  5. Argentina Price History - Global Property Guide
  6. Buenos Aires Real Estate Update March 2025 - BowTied Mara
  7. Argentina Real Estate Forecasts - The LatinVestor
  8. Argentina Real Estate Market - IMARC Group
  9. Buenos Aires Real Estate Market - The Wandering Investor
  10. Argentina Home Price Trends - Global Property Guide