Authored by the expert who managed and guided the team behind the Argentina Property Pack
Yes, the analysis of Buenos Aires' property market is included in our pack
As we look ahead to 2025, the Buenos Aires real estate market is poised for intriguing developments and opportunities.
But what do the numbers say? How is the market expected to evolve? What trends should potential investors and homeowners be aware of?
In this article, we'll delve into 12 key market data points that will shape the future of Buenos Aires' real estate landscape.
Actually, we know this market inside and out. We keep tabs on it regularly, and all our discoveries are reflected in the most recent version of the Argentina Property Pack
12 Key Market Data Points About the Real Estate Market in Buenos Aires
Here is a detailed analysis of the real estate market in Buenos Aires, focusing on average rents, yields, price per square meter (sqm) and square foot (sqft), and other essential metrics.
- Average Rent:
The average rent for a one-bedroom apartment in the city center of Buenos Aires is approximately USD 400 to USD 600 per month. In the suburbs, this can drop to USD 250 to USD 400 per month. These figures can vary significantly based on the neighborhood and the amenities offered.
- Rental Yields:
Rental yields in Buenos Aires typically range from 3% to 5% annually. This is relatively modest compared to other global cities, reflecting the balance between property prices and rental income potential.
- Price Per Square Meter:
The average price per square meter in Buenos Aires city center is around USD 2,500 to USD 3,500. In more affordable areas, prices can be as low as USD 1,500 to USD 2,000 per sqm. This translates to approximately USD 232 to USD 325 per sqft in the city center.
- Price Per Square Foot:
For those more familiar with square foot measurements, the average price per square foot in Buenos Aires city center is approximately USD 232 to USD 325. In less central areas, this can decrease to USD 139 to USD 186 per sqft.
- Market Trends:
The Buenos Aires real estate market has seen a slight decline in prices over the past few years due to economic instability. However, there are signs of stabilization, with some areas experiencing renewed interest from both local and international investors.
- Foreign Investment:
Foreign investors are attracted to Buenos Aires due to its cultural appeal and relatively low property prices compared to other major cities. However, currency fluctuations and economic policies can impact investment decisions.
- Property Taxes:
Property taxes in Buenos Aires are generally low, with annual rates typically ranging from 0.5% to 1.2% of the property's assessed value. This makes it an attractive market for long-term investment.
- Transaction Costs:
Buying property in Buenos Aires involves transaction costs of approximately 7% to 10% of the property value. This includes notary fees, registration fees, and real estate agent commissions.
- Vacancy Rates:
Vacancy rates in Buenos Aires can vary widely depending on the area. In prime locations, vacancy rates are typically low, around 2% to 4%, while in less desirable areas, they can be higher.
- Construction Activity:
There has been a moderate level of construction activity in Buenos Aires, with new developments primarily focused on high-demand areas. This has helped to keep supply in line with demand, preventing significant price spikes.
- Economic Factors:
The real estate market in Buenos Aires is heavily influenced by the country's economic conditions, including inflation rates, currency stability, and government policies. Investors should be aware of these factors when considering property purchases.
- Neighborhood Variability:
Prices and rental yields can vary significantly between neighborhoods. Areas like Palermo and Recoleta are more expensive but offer higher rental yields, while neighborhoods like Almagro and Caballito offer more affordable options with moderate yields.
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What You Need to Know Before Investing in Buenos Aires' Real Estate Market (2025)
What is the average price per square meter in Buenos Aires?
As of 2025, the average price per square meter in Buenos Aires is approximately USD 2,500.
This figure can vary significantly depending on the neighborhood, with premium areas like Palermo and Recoleta reaching up to USD 4,000 per square meter.
In contrast, emerging neighborhoods may offer prices as low as USD 1,500 per square meter.
How has the real estate market in Buenos Aires performed over the past five years?
Over the past five years, Buenos Aires' real estate market has experienced a steady growth rate of about 3% annually.
This growth has been driven by both local demand and an increase in foreign investment.
However, economic fluctuations and inflation have occasionally impacted market stability.
What are the most sought-after neighborhoods for real estate investment in Buenos Aires?
Palermo, Recoleta, and Puerto Madero are currently the most sought-after neighborhoods for real estate investment in Buenos Aires.
These areas are popular due to their vibrant cultural scenes, excellent amenities, and strong rental demand.
Investors are also showing interest in emerging neighborhoods like Villa Crespo and Chacarita, which offer growth potential.
What is the average rental yield in Buenos Aires?
The average rental yield in Buenos Aires is approximately 4.5% per annum.
This yield can vary depending on the property's location, type, and condition.
Properties in high-demand areas like Palermo and Recoleta tend to offer slightly higher yields.
How does the property tax system work in Buenos Aires?
Property taxes in Buenos Aires are calculated based on the fiscal value of the property, which is often lower than the market value.
Owners are required to pay an annual property tax, known as ABL, which covers lighting, sweeping, and cleaning services.
The tax rate is generally around 0.5% to 1.2% of the fiscal value, depending on the property's location and characteristics.
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What are the financing options available for purchasing property in Buenos Aires?
Local banks in Buenos Aires offer mortgage loans to both residents and non-residents, with interest rates typically ranging from 7% to 10%.
Foreign buyers often opt for financing through international banks or use cash purchases to avoid high local interest rates.
It's important to have a clear understanding of the currency exchange regulations when considering financing options.
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What is the impact of inflation on the real estate market in Buenos Aires?
Inflation in Argentina has historically been high, impacting the real estate market by increasing construction costs and property prices.
Despite this, real estate is often seen as a hedge against inflation, attracting investors looking to preserve capital.
Buyers should be aware of the potential for currency devaluation and its effect on property values.
Are there any restrictions for foreign buyers in Buenos Aires?
Foreigners can purchase property in Buenos Aires without significant restrictions, but they must obtain a CDI (tax identification number).
There are no limits on the amount of property a foreigner can own, but financing options may be more limited compared to locals.
It's advisable for foreign buyers to work with a local attorney to navigate the legal and regulatory landscape.
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What are the transaction costs associated with buying property in Buenos Aires?
Transaction costs in Buenos Aires typically range from 7% to 10% of the property's purchase price.
These costs include notary fees, registration fees, and real estate agent commissions.
Buyers should also budget for additional expenses such as legal fees and potential renovation costs.
How is the rental market in Buenos Aires for short-term and long-term leases?
The rental market in Buenos Aires is robust, with strong demand for both short-term and long-term leases.
Short-term rentals, particularly in tourist-heavy areas, can yield higher returns but require more management.
Long-term rentals offer more stability and are popular among locals and expatriates seeking permanent residence.
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=> Is an apartment in Buenos Aires a good-long term investment?
What are the legal considerations when buying property in Buenos Aires?
When buying property in Buenos Aires, it's crucial to conduct thorough due diligence, including title searches and property inspections.
Buyers should ensure that the property is free of debts and encumbrances before proceeding with the purchase.
Working with a reputable real estate agent and attorney can help navigate the legal complexities of the transaction.
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=> What are the legal requirements for buying property in Buenos Aires?
What future trends are expected in Buenos Aires' real estate market?
Experts predict continued growth in Buenos Aires' real estate market, driven by urban development and infrastructure improvements.
There is a growing interest in sustainable and energy-efficient properties, reflecting global trends in real estate.
Investors are also keeping an eye on government policies that may impact the market, such as tax reforms and foreign investment regulations.