Authored by the expert who managed and guided the team behind the Argentina Property Pack
Everything you need to know before buying real estate is included in our Argentina Property Pack
Argentina's property market is experiencing a significant recovery after years of economic turbulence, with Buenos Aires leading the charge as prices rise in US dollar terms despite local currency devaluation. As of June 2025, the Argentine residential market offers compelling opportunities for both investors and homebuyers, with Buenos Aires averaging $2,460 per square meter citywide while premium neighborhoods like Puerto Madero command over $6,500 per square meter.
The Argentine property landscape has transformed dramatically since 2024, with foreign investment returning and mortgage activity surging by over 1,000% year-on-year as the country stabilizes under new economic policies. From luxury apartments in Palermo to budget-friendly options in emerging neighborhoods like Villa Crespo, Argentina presents diverse investment opportunities across different price points and property types.
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.
Buenos Aires property prices average $2,460 per square meter citywide, with premium areas like Puerto Madero reaching $6,500 per square meter and budget areas starting at $1,500 per square meter. The Argentine residential market shows strong recovery momentum with 38.9% price increases year-on-year in US dollar terms.
| Key Metric | Current Value (June 2025) | Trend/Forecast |
|---|---|---|
| Buenos Aires Average Price | $2,268-$5,931 per m² | Rising 5-8% annually |
| Transaction Volume Growth | +38.9% year-on-year | Strong recovery continues |
| Mortgage Activity | +1,042% year-on-year | Explosive growth phase |
| Premium Neighborhood (Puerto Madero) | $5,931-$6,500 per m² | 8-12% annual growth |
| Budget Areas (Villa Lugano) | $1,500-$1,800 per m² | Steady appreciation |
| Total Purchase Costs | Property price + 7-10% | Stable fees structure |
| 5-Year Growth Forecast | 7-10% annually (USD) | Positive outlook |
What's the average house price in Argentina today?
Argentina's residential property market shows significant variation across regions, with Buenos Aires dominating the premium segment at an average of $355,000 for median home sales as of June 2025.
In Buenos Aires, property prices range from $2,268 to $5,931 per square meter depending on the neighborhood, with prestigious areas like Puerto Madero commanding $5,931 to $6,500 per square meter. Mid-tier neighborhoods like Caballito average around $2,268 per square meter, making a typical 60-square-meter apartment cost approximately $136,000.
Major cities outside Buenos Aires offer more affordable options, with Córdoba and Mendoza averaging $1,000 to $3,000 per square meter based on location and property quality. These secondary markets provide entry points for budget-conscious buyers while still offering good infrastructure and amenities.
The Argentine peso's 96% devaluation against the US dollar since 2019 has created unique market dynamics, with most transactions now priced in US dollars to provide stability for both buyers and sellers.
It's something we develop in our Argentina property pack.
How much have house prices changed over the past 5 years and the past 12 months?
The Argentine property market has experienced dramatic shifts over the past five years due to severe economic turbulence and currency devaluation.
Over the past five years, property prices in Buenos Aires have increased modestly in nominal peso terms (7-9% year-on-year in neighborhoods like Palermo), but real values have plummeted by over 70% when adjusted for inflation. This creates a complex scenario where properties appear more expensive in pesos but are actually much cheaper in real purchasing power terms.
In the past 12 months alone, Buenos Aires has seen remarkable recovery momentum with transaction values jumping 20.1% and median sale prices increasing 38.9% year-on-year in US dollar terms. This shift reflects the market's transition toward dollar-denominated transactions as a hedge against peso instability.
The mortgage market has exploded with 1,042% year-on-year growth in mortgage activity as of June 2025, indicating renewed confidence in the Argentine financial system and improved access to credit for property purchases.
Despite nominal price increases, properties remain significantly undervalued compared to pre-2019 levels in real terms, creating potential opportunities for investors who can navigate the currency complexities.
What's the price forecast for the next 1 year, 5 years, and 10 years?
Argentina's property market outlook shows strong potential for recovery and growth, particularly in Buenos Aires and other major urban centers.
For the next 12 months, Buenos Aires property prices are forecast to appreciate 5-8% in US dollar terms, with premium neighborhoods like Palermo and Puerto Madero potentially seeing 8-12% growth due to increased foreign investment and improved economic stability under current policies.
The five-year outlook projects annual growth of 7-10% in US dollar terms, driven by several key factors: returning foreign investment, continued deregulation of the real estate sector, improved access to mortgage credit, and infrastructure development projects throughout major cities.
While specific 10-year forecasts aren't available from current market analysis, extrapolating current trends suggests steady annual growth in the 7-10% range could continue if Argentina maintains political and economic stability and avoids major currency crises.
The recovery trajectory depends heavily on continued economic reforms, inflation control, and Argentina's ability to attract sustained foreign investment in its property sector.
How do prices in Argentina compare with other big cities in Latin America or globally?
Argentina currently positions itself as the third most expensive real estate market in Latin America, trailing only Santiago de Chile and Montevideo in regional rankings.
Within Latin America, Buenos Aires averages $2,460-$2,500 per square meter citywide, which places it above cities like São Paulo, Mexico City, and Bogotá, but below Santiago and Montevideo in terms of absolute pricing.
Globally, Argentine property remains relatively affordable compared to developed markets in North America, Europe, and Asia-Pacific, making it attractive for international investors seeking emerging market exposure with familiar urban amenities.
The currency devaluation has created a unique arbitrage opportunity where properties offer First World infrastructure and cultural amenities at developing market prices, particularly appealing to foreign buyers with hard currency income.
Compared to other investment destinations, Argentina offers higher potential returns due to its current undervaluation while providing political stability and legal frameworks familiar to Western investors.
Don't lose money on your property in Argentina
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What are typical house prices by property type—apartment, house, duplex, land?
| Property Type | Price Range (USD) | Details |
|---|---|---|
| Apartment | $136,000-$356,000 | 60m² in Buenos Aires, varies by neighborhood |
| House | $200,000-$1M+ | Varies by size/location, premium areas command higher prices |
| Duplex | 20-30% premium over apartments | Less common, limited market data available |
| Land (Urban Outskirts) | $100-$300 per m² | Higher in prime areas, varies by city |
| Land (Prime Areas) | $500-$1,500 per m² | Buenos Aires and premium locations |
| Luxury Properties | $1M-$5M+ | Puerto Madero, Palermo, gated communities |
| Studio Apartments | $80,000-$200,000 | 25-40m², popular with investors |
What are the most expensive, up-and-coming, and budget-friendly areas right now?
Argentina's real estate market shows clear geographic pricing tiers, with Buenos Aires neighborhoods commanding premium prices while emerging areas offer growth potential.
The most expensive areas center around Puerto Madero, which leads the market at $5,931-$6,500 per square meter, followed by established neighborhoods like Palermo ($3,500-$4,300 per square meter) and Recoleta ($3,500-$4,300 per square meter). These areas offer luxury amenities, cultural attractions, and proximity to business districts.
Up-and-coming neighborhoods showing strong appreciation potential include Villa Crespo, Villa Urquiza, and Caballito, which are experiencing gentrification with rising prices and increasing rental demand. Tigre in Buenos Aires Province is gaining attention for luxury developments and waterfront properties.
Budget-friendly options include Villa Lugano and Mataderos in Buenos Aires, averaging $1,500-$1,800 per square meter, while secondary cities like Mar del Plata, Rosario, and Córdoba offer even lower entry points with good infrastructure and amenities.
The geographic price spread reflects Buenos Aires' role as the economic and cultural center, with premium neighborhoods commanding international-level prices while peripheral areas remain accessible to local income levels.
Can you give real example purchase prices with size and location included?
Real-world examples from Argentina's property market demonstrate the significant price variations across neighborhoods and property types as of June 2025.
In Buenos Aires' trendy Palermo neighborhood, a typical 60-square-meter apartment sells for $190,000-$240,000, representing approximately $3,200-$4,000 per square meter. These properties often feature modern amenities, balconies, and proximity to restaurants and nightlife.
Caballito, a more affordable but well-connected neighborhood, offers 60-square-meter apartments for around $136,000, approximately $2,268 per square meter. These areas provide good transport links and local amenities at more accessible prices.
In Tigre, Buenos Aires Province, median sales prices reach AR$16,200,000 (approximately $18,000 at official exchange rates, though actual USD conversion may vary with market rates). Mendoza offers 100-square-meter apartments ranging from $150,000-$300,000 depending on location and quality.
Luxury properties in Puerto Madero can exceed $500,000 for premium units, while entry-level studios in emerging neighborhoods start around $80,000-$120,000 for 25-35 square meters.
How much does the total cost end up being, including taxes, legal fees, and other charges?
Property acquisition in Argentina involves additional costs beyond the purchase price, totaling approximately 7-10% of the property value in taxes, fees, and legal charges.
The primary cost components include property tax (ABL) at 0.5-1.2% of fiscal value annually, transfer tax at 1.5% typically paid by the seller, and stamp duty ranging from 2.5-3.6% of the sale price paid by the buyer.
Professional services add notary fees of 1-2% of the purchase price and registration fees of 0.2-0.5% for official property registration. These legal costs ensure proper title transfer and compliance with Argentine property law.
Additional expenses may include property inspection costs, real estate agent commissions (typically 3-4% split between buyer and seller), and currency exchange fees if converting foreign currency to complete the transaction.
For a $200,000 property purchase, buyers should budget an additional $14,000-$20,000 for total acquisition costs, bringing the complete investment to $214,000-$220,000 including all fees and taxes.
It's something we develop in our Argentina property pack.
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.
What are the average prices per square meter in major cities like Buenos Aires, Córdoba, and Mendoza?
| City | Price Range (USD/m²) | Market Characteristics |
|---|---|---|
| Buenos Aires (Premium) | $4,500-$6,500 | Puerto Madero, Palermo, Recoleta |
| Buenos Aires (Mid-tier) | $2,200-$3,500 | Caballito, Villa Crespo, Belgrano |
| Buenos Aires (Budget) | $1,500-$2,200 | Villa Lugano, Mataderos, outer areas |
| Córdoba | $1,000-$2,500 | Argentina's second city, strong universities |
| Mendoza | $1,500-$3,000 | Wine region, tourism, mountain proximity |
| Rosario | $1,200-$2,200 | Industrial center, port city |
| Mar del Plata | $1,100-$2,000 | Coastal resort city, seasonal demand |
If I want to buy to live in it, what are the smartest areas and options today?
Choosing the right neighborhood for primary residence in Argentina depends on lifestyle preferences, budget, and proximity to work or amenities.
For professionals and expatriates, Palermo, Recoleta, and Belgrano offer the best combination of safety, cultural amenities, restaurants, and international community presence. These neighborhoods provide walkable environments with excellent public transport connections and vibrant social scenes.
Families typically prefer Belgrano, Nuñez, and suburban gated communities in northern Buenos Aires, which offer larger properties, good schools, green spaces, and family-friendly environments while maintaining reasonable commute times to the city center.
Digital nomads and young professionals gravitate toward Palermo Soho for its nightlife, coworking spaces, cafes, and strong expat community, though prices reflect this desirability premium.
Budget-conscious buyers should consider Villa Crespo and Caballito, which provide good value with improving infrastructure, growing cultural scenes, and strong potential for future appreciation.
Secondary cities like Córdoba and Mendoza offer excellent quality of life at lower costs, with good universities, cultural activities, and proximity to natural attractions for those not requiring Buenos Aires' metropolitan amenities.
What about if I want to rent it out—short-term vs long-term—what areas or types make the most sense?
Argentina's rental market offers distinct opportunities for short-term and long-term strategies, with location and property type determining optimal returns.
Short-term rentals perform best in tourist-focused areas like Palermo Soho, Villa Crespo, and Recoleta, where Airbnb and vacation rental demand remains strong from international visitors and domestic travelers. These areas can generate higher returns but require active management and higher occupancy rates.
Long-term rentals show stable performance in residential neighborhoods like Belgrano, Nuñez, and Caballito, attracting families and professionals seeking stable housing. These areas offer predictable income streams with lower management requirements and longer tenant relationships.
Property types for rentals include one and two-bedroom apartments, which appeal to the broadest tenant base, and studio apartments near universities or business districts for young professionals and students.
Rental yield considerations favor emerging neighborhoods where purchase prices remain moderate but rental demand continues growing, offering the best balance of cash flow and appreciation potential.
The choice between strategies depends on available time for property management, desired income stability, and tolerance for occupancy fluctuations inherent in short-term rental markets.
And finally, if I want to flip the property and resell at a higher price later, where's the opportunity now?
Property flipping opportunities in Argentina focus on emerging neighborhoods experiencing gentrification and areas benefiting from new infrastructure development.
Villa Crespo, Villa Urquiza, and Caballito represent prime flipping targets due to ongoing gentrification, rising property values, and increasing cultural investment that attracts younger demographics and professionals.
Properties requiring renovation offer the best margin potential, particularly in transitional neighborhoods where cosmetic improvements can significantly increase market value and rental appeal.
The optimal strategy involves purchasing properties below market value due to condition or location factors, then timing resale for 2-5 years to capture appreciation while minimizing transaction costs and capital gains exposure.
Current market conditions favor flipping due to recovering foreign investment, improved access to renovation financing, and strong demand for updated properties in desirable neighborhoods.
Focus areas include properties near new transport infrastructure, cultural developments, and areas experiencing demographic shifts toward younger, higher-income residents who value modern amenities and updated living spaces.
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.
Argentina's property market in June 2025 presents compelling opportunities across multiple investment strategies, from primary residence to rental income and property flipping.
With Buenos Aires leading recovery at $2,460 per square meter average and 38.9% year-on-year price growth, combined with 1,042% mortgage activity increase, the market shows strong momentum for continued appreciation over the next 5-10 years.
Sources
- Argentina Price Forecasts - TheLatinvestor
- Argentine Housing Market - Redfin
- Argentina Real Estate for Foreigners - TheLatinvestor
- Argentina Square Meter Prices - Global Property Guide
- Argentina Price History - Global Property Guide
- Buy Property in Argentina - TheLatinvestor
- Buenos Aires Property Market - TheLatinvestor
- Buenos Aires Real Estate Rankings - BA Times