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Yes, the analysis of Buenos Aires' property market is included in our pack
Buenos Aires presents a compelling property investment opportunity in 2025, with prices still 20-25% below their 2019 USD peaks while showing strong recovery momentum. The Buenos Aires real estate market is experiencing a bullish phase with 8.5% nominal growth in the past 12 months, driven by economic reforms, lifted currency controls, and surging foreign investment interest that now represents 8-12% of premium neighborhood transactions.
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 market is recovering strongly with prices rising 8-12% annually in premium areas, making 2025 an opportune time for foreign buyers with USD savings.
Rental yields are under pressure at 5-8% for long-term rentals due to oversupply, but short-term rentals can achieve 7-10% returns in tourist areas like Palermo and Recoleta.
| Aspect | Current Status (2025) | Investment Outlook |
|---|---|---|
| Average Price per sqm | $2,200-2,500 (general), $3,500-5,931 (premium) | 5-8% growth expected, 8-12% in top areas |
| Foreign Investment Share | 8-12% of premium transactions | Increasing due to lifted currency controls |
| Transaction Volume | Up 40% year-over-year | Strong buyer's market momentum |
| Long-term Rental Yields | 5-8% gross (under pressure) | Declining due to oversupply |
| Short-term Rental Yields | 7-10% gross in tourist areas | Better returns than long-term rentals |
| Best Investment Areas | Palermo, Puerto Madero, Villa Crespo | Premium and emerging neighborhoods leading growth |
What types of properties can you buy in Buenos Aires in 2025?
You can buy apartments, houses, luxury real estate, commercial properties, and pre-construction units in Buenos Aires as of September 2025.
Apartments range from studio units to 4-bedroom properties, including new builds, pre-construction developments (called "pozo"), smart-home units, and classic older properties in historic buildings. Houses include townhouses, detached homes more common in outer neighborhoods, historic family homes, and villas.
Luxury real estate consists of high-end apartments and penthouses in premium areas like Palermo, Puerto Madero, and Recoleta, plus estates and large houses with gardens or exclusive amenities. Commercial properties include retail units, offices, and mixed-use buildings for investors looking beyond residential.
Pre-construction units attract high investor interest due to lower entry prices and staged payment plans, typically costing 15-20% less than completed units. These "pozo" developments allow you to buy off-plan with flexible payment schedules.
It's something we develop in our Argentina property pack.
Is it generally better to buy or rent in Buenos Aires right now?
Buying is more attractive than renting in Buenos Aires in 2025, especially for those with USD savings and long-term plans.
The rental market is experiencing oversupply due to the building boom and recent legal reforms, with rental prices dropping 26.6% in 2024. This creates downward pressure on rental yields and more options for tenants. The current buyer's market favors purchasers as property prices remain 20-25% below historic 2019 USD peaks while showing strong recovery momentum.
Transaction volumes are up 40% year-over-year, indicating renewed confidence in the Buenos Aires residential market. Foreign buyers with USD savings find particularly favorable conditions in premium areas where currency advantages are maximized.
Buying works best for those with stable USD income and long-term investment horizons, while renting offers more flexibility for short stays or uncertain situations. The strategic timing favors buyers who can capitalize on the current price-to-historic-peak discount.
How have property prices evolved over the past few years, what are they now, and what's the forecast for the next few years?
Buenos Aires property prices hit bottom in 2023 at $2,192 per square meter and have been recovering since, reaching $2,447 per square meter in 2024 with 10% year-over-year growth.
| Year | Average Price per sqm | Key Market Trend |
|---|---|---|
| 2019 | $2,800–$4,500 | Market peak before economic crisis |
| 2023 | $2,192 | Market bottom after major decline |
| 2024 | $2,447 | 10% year-over-year recovery |
| 2025 | $2,200–2,500 | Continued 5–8% growth |
| 2025 (Premium) | $3,500–5,931 | Stronger 8–12% growth in top areas |
| 2026-2027 Forecast | Rising trend continues | Bullish momentum as inflation moderates |
The forecast shows prices in top areas like Palermo, Recoleta, and Puerto Madero growing 8–12% annually, while emerging neighborhoods such as Villa Crespo, Villa Urquiza, and South San Telmo may see 10–15% appreciation. Properties remain below USD historical peaks but show bullish momentum through 2026–27 as inflation moderates and economic reforms drive recovery.
What are the current real estate market trends in Buenos Aires and what's driving them?
The Buenos Aires real estate market shows strong bullish trends with 8.5% nominal growth over the past 12 months, led by premium and emerging areas experiencing the fastest appreciation.
Foreign investment interest has surged significantly, now representing 8–12% of premium neighborhood transactions as economic reforms and lifted currency controls boost investor confidence. Transaction volumes are up 40% year-over-year, indicating robust market activity and renewed buyer enthusiasm.
The rental market faces oversupply with more options for renters and declining yields, particularly affecting standard long-term rental properties. There's a clear shift toward premium buildings featuring modern amenities, tech integration, and outdoor spaces like balconies and gardens, which command significant price premiums.
Key drivers include economic reforms that lifted currency controls and improved mortgage accessibility, substantial foreign investment flows, recovery from the previous downturn making USD-denominated properties relative bargains compared to 2019-2020 pricing, and post-pandemic lifestyle changes favoring properties with outdoor spaces.
What's the step-by-step process for buying property there as a foreigner?
The property buying process in Buenos Aires requires specific steps and documentation for foreign buyers.
1. Find a licensed real estate agent (corredor inmobiliario) and hire a real estate lawyer (abogado inmobiliario)2. Obtain a CDI/CUIT/CUIL tax identification number from AFIP (Argentina's tax authority)3. Search for and select your property using top portals and agencies4. Conduct thorough due diligence to verify title, debts, zoning, taxes, and any legal claims by obtaining certificado de dominio/inhibiciones5. Sign the preliminary agreement (boleto de compraventa) and pay a 20–30% deposit6. Complete the final contract signing in front of a notary (escribano público) and pay the remaining balance7. Register the property with the Land Registry Office to complete legal ownership transfer8. Pay all associated fees and taxes including transfer tax (1.5%), stamp duty (2–4%), notary fees (1–2%), real estate agent commission (3–4%), registration fees (0.5–1%), and lawyer fees (1–2%)Professional legal and real estate support is essential throughout this process to avoid common pitfalls and ensure proper documentation.
Where are the best places to search for properties, both online and through real estate agencies?
The top online property portals in Buenos Aires include zonaprop.com.ar, argenprop.com, remax.com.ar, inmoup.com.ar, and tokkobroker.com, which are the most visited real estate websites as of August 2025.
Major real estate agencies operating in Buenos Aires include international brands like Remax and Sotheby's International Realty, plus numerous established local firms specializing in specific neighborhoods. Many successful buyers work with neighborhood-specific agencies that have deep local knowledge and exclusive listings.
Online portals provide comprehensive search filters, price comparisons, and market data, while agencies offer personalized service, negotiation support, and access to off-market properties. The most effective approach combines both online research and agent relationships.
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For a given budget, what kind of property can you expect to get in different parts of the city?
Property budgets in Buenos Aires vary dramatically by neighborhood, with luxury areas commanding premium prices while emerging neighborhoods offer value opportunities.
| Neighborhood | Price per sqm | Typical Properties Available |
|---|---|---|
| Puerto Madero | $5,931 | Luxury apartments, new towers, waterfront units |
| Palermo | $3,000–4,300 | Modern condos, premium flats, trendy locations |
| Belgrano/Nuñez | $2,800–3,300 | Family apartments, houses, established areas |
| Villa Crespo | $1,500–2,200 | Emerging area, modern apartments, good value |
| Caballito | $2,268 | Mid-range apartments, family-friendly |
| San Telmo (South) | Under $1,000 | Studios, historic flats, renovation projects |
A budget of $150,000–$250,000 typically buys a 1–2 bedroom apartment in mid-range neighborhoods, while $400,000+ is needed for luxury properties in Puerto Madero. Emerging areas like Villa Crespo offer the best value for money with modern amenities at lower price points.
What are the common mistakes buyers make in Buenos Aires and how can you avoid them?
Common buyer mistakes in Buenos Aires include overestimating capital preservation, forgetting additional costs, skipping legal checks, underestimating inflation impact, and failing to research rental regulations.
Many buyers ignore market volatility and cycles, assuming prices will only rise, when Buenos Aires real estate experiences significant fluctuations. Additional costs including fees, taxes, agent commissions, and currency volatility often surprise buyers who focus only on the property price.
Skipping thorough title and legal checks can result in purchasing properties with existing debts or legal claims. Buyers often underestimate how inflation affects real USD returns over time. Some purchase for personal use expecting endless appreciation without understanding market cycles.
Those planning to rent fail to research new regulations, particularly important for Airbnb and short-term rentals. To avoid these mistakes, use professional notary and lawyer services, calculate all expenses beyond the purchase price, research current regulations especially for rental properties, and focus on neighborhoods with genuine growth catalysts rather than speculation.
What's the cost of living like in Buenos Aires compared to other major cities?
Buenos Aires offers significantly lower living costs compared to major international cities, particularly for housing and daily expenses.
Rental costs in Buenos Aires are 2–3 times lower than Madrid or New York, while restaurant prices are comparable or slightly lower than European capitals. Daily expenses remain cheaper than Santiago, Montevideo, and Mexico City, except in the most upscale neighborhoods.
Utilities, transportation, and groceries are reasonable relative to other Latin American capitals, especially beneficial for those earning in USD or EUR. The cost advantage is most pronounced for expatriates with foreign currency income who can leverage favorable exchange rates.
Housing represents the biggest savings opportunity, with luxury accommodations available at prices that would buy basic apartments in major US or European cities.
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.
Which neighborhoods are best for affordability, which ones are up-and-coming, and which ones are upscale, and what are the pros and cons of each?
Buenos Aires neighborhoods fall into three distinct categories based on price points, investment potential, and lifestyle factors.
| Category | Neighborhoods | Pros | Cons |
|---|---|---|---|
| Affordable | Caballito, Villa Lugano, certain south districts | Great value, family-friendly, good transport, authentic local life | Limited growth potential, older buildings, less foreign interest |
| Up-and-Coming | Villa Crespo, Chacarita, Villa Urquiza, South San Telmo | Gentrification potential, value upside, new developments, trendy atmosphere | Some areas still developing infrastructure and safety improvements |
| Upscale | Palermo, Recoleta, Puerto Madero, Belgrano | Luxury amenities, prestige, expat-friendly, best infrastructure | High costs, strong competition, limited bargain opportunities |
Palermo Soho and Hollywood offer trendy nightlife and top demand from foreign buyers. Recoleta provides classic elegance and cultural attractions. Puerto Madero features waterfront luxury with new skyscrapers but represents the most expensive option in the city.
What's life like for expats living in Buenos Aires day-to-day?
Expat life in Buenos Aires combines European culture with Latin American energy, creating a unique daily experience centered around a diverse food scene, vibrant nightlife, and strong international community.
The city offers excellent internet connectivity, reliable public transportation, and a large established expat community that makes integration easier. Most expatriates choose to live in Palermo, Recoleta, Belgrano, or San Telmo, where international amenities and English-speaking services are readily available.
Daily life benefits from an affordable lifestyle for those earning in dollars or euros, but expats face challenges navigating bureaucracy, dealing with inflation effects, and understanding complex rental contract terms. The European architectural style and cafe culture make the city feel familiar to many Western expatriates.
Buenos Aires provides excellent cultural amenities including world-class theaters, museums, and restaurants, plus easy access to weekend getaways in the countryside or beach destinations.
If you rent out long-term, which areas should you target, what kind of tenants are you likely to get, what do they look for, and how much rental income and yield can you expect?
Long-term rental success in Buenos Aires depends on targeting professional tenants in established neighborhoods like Palermo, Belgrano, Nuñez, and Recoleta.
Your tenant pool includes a mix of local and foreign professionals, families, and students who seek well-located, mid-sized apartments with modern amenities. Tenants prioritize proximity to public transportation, commercial areas, schools, and healthcare facilities.
Rental yields average 5–8% gross in 2025, but face downward pressure due to falling rent prices and rising property values. The oversupply situation from the building boom and recent legal reforms has created a tenant-favorable market with more negotiating power for renters.
High demand exists for well-maintained properties in prime locations, particularly apartments with 1-3 bedrooms, modern kitchens, reliable utilities, and building amenities like security and parking. Professional property management becomes essential for handling tenant relations and regulatory compliance.
It's something we develop in our Argentina property pack.
If you rent out short-term, which areas are best, what type of guests will you attract, what's the potential income and yield, and what local regulations should you know about?
Short-term rentals perform best in tourist-friendly neighborhoods like Palermo, Recoleta, and San Telmo, which offer nightlife, culture, and visitor attractions.
Your guest demographics include expatriates, international tourists, digital nomads, and business travelers who value location, amenities, and local experiences. These guests typically seek properties with modern furnishings, reliable wifi, kitchen facilities, and proximity to restaurants and entertainment.
Short-term rental yields can reach 7–10% gross in optimal locations, delivering higher returns than long-term rentals when properly managed. Success depends heavily on location, property condition, pricing strategy, and guest experience management.
Regulatory changes include the repeal of previous rent control laws, making the short-term rental market more open than before. However, you must check for individual condo building restrictions, municipal regulations, and tax obligations. Airbnb operations remain popular but regulations can change, requiring ongoing compliance monitoring.
Given all these factors, is it worth buying property in Buenos Aires in 2025 for living in, for renting out, or for buying and reselling at a higher price later?
Buying property in Buenos Aires in 2025 is attractive for expatriates and dollar-based buyers, with good opportunities across living, rental, and investment strategies.
For living purposes, the city offers bargains compared to regional peers with a richer lifestyle at lower costs, making it particularly appealing for foreign residents with USD or EUR income. The current market timing favors buyers with properties still well below peak prices.
For rental income, long-term yields face pressure at 5-8% due to oversupply, but short-term rentals can deliver 7-10% returns in tourist areas with proper management. Location and modern amenities become critical success factors in the competitive rental market.
For investment and resale, the market shows strong recovery momentum with best prospects in premium developments, new construction, and up-and-coming neighborhoods. Prices remain below historical peaks but the cycle is expected to continue rising through 2026-2027 as economic reforms drive recovery.
The bottom line: 2025 represents an opportune year for strategic buyers with foreign currency, especially those focused on premium, modern, or gentrifying properties. Success requires awareness of market cycles, thorough due diligence, professional support, and research into rental regulations and all hidden costs.
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.
Buenos Aires presents a compelling investment opportunity in 2025 with property prices recovering from their 2023 lows while remaining below historical peaks.
The combination of economic reforms, foreign investment interest, and favorable currency conditions creates an optimal environment for strategic property buyers with USD savings.
Sources
- San Miguel Sotheby's Realty - Buenos Aires Properties
- Emile Garcin - Luxury Real Estate Argentina
- The LatinVestor - Buenos Aires Price Forecasts
- The LatinVestor - Buenos Aires Real Estate Forecasts
- BuySellBA - Rising Rates Buy or Rent
- The LatinVestor - Buenos Aires Market Trends
- The LatinVestor - Argentina Price Forecasts
- Gateway to South America - Buenos Aires Residential Update
- Life Abroad Hero - Property Guide Argentina
- The LatinVestor - Argentina Real Estate for Foreigners