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
What is happening in Buenos Aires’ real estate market? Are prices on the rise or decline? Is the city still attracting foreign investors? How are Argentina’s government policies and taxes shaping the real estate landscape in 2025?
These are the questions we hear every day from professionals, buyers, and sellers across Buenos Aires and beyond. Maybe you’re curious about these trends too.
We know this because we stay closely connected with local experts and individuals like you, exploring the Buenos Aires real estate market daily. That’s why we crafted this article: to offer clear answers, insightful analysis, and a comprehensive view of market trends and dynamics.
Our aim is straightforward: to make sure you feel informed and confident about the market without needing to search elsewhere. If you think we missed something or could improve, we’d love to hear your feedback. Feel free to message us with your thoughts, and we’ll strive to enhance this content for you.
How this content was created 🔎📝
1) Short-term rental yields are rising as tourism recovers after the pandemic
The short-term rental market is thriving as tourism bounces back after the pandemic.
In Buenos Aires, occupancy rates are climbing, with short-term rentals being booked for about 241 nights a year. This means a median occupancy rate of 66% in 2024, showing a strong recovery in both business and leisure travel. It's part of a global trend where people are eager to explore again.
While the average daily rate (ADR) for these rentals in Buenos Aires is stable at ARS34,173, there's room for growth. This stability, combined with higher occupancy, boosts the revenue per available room (RevPAR), making these properties more profitable. It's a sign that short-term rentals are financially performing better than before.
Tourism is on the rise, with Buenos Aires expecting to see 3.1 million international tourists by 2025. A significant number of these visitors are from the U.S., with their numbers increasing notably in 2023. This influx of international tourists is driving up demand for short-term rentals.
Airbnb reports a 9.5% increase in nights booked in the first quarter of 2024, highlighting the growing popularity of these accommodations. This surge is fueled by the city's appeal and the convenience of short-term rentals for travelers.
Sources: Airbtics, Operto, GoWithGuide
2) City center rental market stabilizes with increased property availability
The rental market in Buenos Aires' city center is stabilizing as more properties become available.
By mid-2024, the availability of rental properties surged by 211.9%, reshaping the housing market and offering renters more choices. This influx is a game-changer for anyone looking to rent in the city.
Real estate agencies have noted that rental options are now 3.1 times higher than in February 2023. This increase is a major reason for the market's newfound stability, giving renters a better shot at finding a place that suits their needs.
The repeal of rent control laws in December 2023 played a big role, leading to a surge in rental property availability and higher vacancy rates. Landlords are now more eager to fill their properties, which is good news for potential tenants.
Construction permits for residential buildings in central Buenos Aires are on the rise, signaling ongoing development and investment. This trend is further stabilizing the rental market, making it a promising time to consider moving to the area.
Additionally, the conversion of commercial spaces into residential units is adding to the increased availability of properties in the city center. This shift is making it easier for people to find homes in desirable locations.
Sources: Global Property Guide, Buenos Aires Times, Business Insider
We have made this infographic to give you a quick and clear snapshot of the property market in Argentina. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Young professionals moving to Buenos Aires for jobs are boosting demand for urban housing
Young professionals are flocking to Buenos Aires for exciting job opportunities, boosting the demand for city housing.
With major players like ExxonMobil and SAP Argentina expanding their operations, the city is buzzing with career prospects. These companies are not just offering jobs; they’re providing a platform for growth and stability, making Buenos Aires a magnet for ambitious young talent.
The tech scene in Argentina is on fire, with Buenos Aires at its heart. Over 1,200 tech companies call the city home, thriving in sectors like AI and renewable energy. The government is sweetening the deal with tax breaks and startup funding, creating a hotbed for innovation and career growth.
As more young professionals settle in, the real estate market is feeling the heat. Property transactions are up, and rental prices are climbing in trendy neighborhoods. The demand is especially high for modern, compact homes, as young investors are keen on renovating and upgrading properties.
This influx is reshaping the housing landscape, with a clear need for urban living spaces to match the lifestyle of these new residents. The trend is unmistakable: young professionals are driving the demand for urban housing, transforming the city’s real estate dynamics.
Sources: ExxonMobil, SAP Argentina, Nucamp, Argentina Real Estate Forecasts
4) Rents in southern neighborhoods are dropping as more affordable options emerge
In Buenos Aires' southern neighborhoods, rents are dropping as more affordable options pop up.
One big reason is the repeal of the rent control law in 2023, which opened the floodgates for rental units. By mid-2024, rental listings had skyrocketed by 184%, with a huge 62% jump just in May. This flood of options means landlords are now competing fiercely, which naturally drives prices down.
New housing developments and renovations are also playing a part. Projects like Respira Palermo and Dorrego Mio are offering affordable prices starting at $1,990 and $2,275 per square meter. These new options make it easier for folks to find a place that fits their budget.
In these areas, the landscape is changing fast. With more choices and better prices, people are finding it easier to settle down without breaking the bank. The buzz around these developments is drawing attention, making the southern neighborhoods a hot spot for potential buyers.
As more people move in, the community vibe is shifting too. There's a mix of old charm and new energy, making it an attractive place for both locals and newcomers. The blend of affordability and lifestyle is a big draw.
5) Palermo's property prices in Buenos Aires are rising due to its lively cultural scene and nightlife
In Buenos Aires, the Palermo neighborhood is seeing a rise in residential real estate prices thanks to its vibrant cultural scene and nightlife.
Back in 2023, Palermo was already a hotspot, offering higher rental yields than other areas, which showed a strong demand for homes. This demand is fueled by a younger crowd and expatriates who love the area's lively vibe.
By 2024, places like Plaza Serrano and Palermo Hollywood kept boosting Palermo's reputation as a trendy spot. These cultural attractions make it a magnet for those interested in design, fashion, and modern culture.
The neighborhood is packed with nightlife venues, boutique shops, and trendy restaurants, creating a vibrant energy that draws both locals and tourists. It's a must-visit for anyone looking to experience the best of Buenos Aires.
Palermo's appeal isn't just about the nightlife; it's also about the unique blend of culture and modernity that you won't find elsewhere in the city. This makes it a prime location for real estate investment.
For those considering buying property in Buenos Aires, Palermo offers a dynamic lifestyle and a promising investment opportunity, thanks to its ever-growing popularity.
Sources: Argentina Residential Real Estate Market Analysis 2024, Top Neighborhoods in Argentina: History, Art, and Culture, Buenos Aires Nightlife: 7 days a week and once more for good measure
Get to know the market before you buy a property in Buenos Aires
Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.
6) New tax incentives for first-time buyers will boost the residential market
New tax incentives for first-time buyers are giving the Buenos Aires residential market a much-needed boost.
In October 2024, there was a 31% jump in real sales compared to the previous year, showing that these incentives are already making waves. This surge in property transactions is a clear sign that buyers are eager to take advantage of the new financial perks.
Mortgage applications have also seen a significant rise, hinting that more people are ready to dive into homeownership. The buzz around potential rate cuts and these fresh tax incentives is creating a sense of optimism, leading to more refinancing and pending sales.
The property scene in Buenos Aires is getting livelier, with the total inventory for all units listed for sale now at about 15 months of sales, down from 20 months in October 2023. This quicker turnover is likely due to first-time buyers jumping at the chance to benefit from the tax breaks.
These changes are not just numbers; they reflect a growing confidence in the market. The incentives are making it easier for new buyers to step in, which in turn is helping to move properties faster.
For those considering buying a property in Buenos Aires, now might be the perfect time to explore the market. With these incentives in play, the landscape is shifting, offering new opportunities for potential homeowners.
Sources: Bowtied Mara, CoreLogic, The Wandering Investor
7) Digital nomads are driving up demand for short-term rentals in trendy neighborhoods
In 2023, over 72,000 digital nomads flocked to Buenos Aires, drawn by its vibrant culture and work-friendly atmosphere.
Trendy neighborhoods like Palermo and Recoleta are buzzing with activity, as short-term rental demand skyrockets among these remote workers. Investors are eyeing these areas for their potential, with Airbnb properties offering impressive gross rental yields of 8-10%.
The charm of these neighborhoods is undeniable, with their lively streets and cultural hotspots. Digital nomads are willing to pay a premium, choosing these vibrant locales over less trendy areas for their temporary homes.
Buenos Aires is rolling out the welcome mat with initiatives like the ‘BA Digital Nomads’ program. This, along with the Argentina Digital Nomad Visa introduced in 2022, shows the city's dedication to attracting remote workers.
The city's lively atmosphere, rich cultural scene, and abundance of cafes and restaurants make it a perfect fit for digital nomads. This environment is a major draw, further fueling the demand for short-term rentals in these popular neighborhoods.
With its strategic initiatives and appealing lifestyle, Buenos Aires is becoming a top choice for digital nomads, boosting the local rental market and creating exciting opportunities for investors.
Sources: Cities Today, Airbtics, Golden Harbors
8) Foreign investment in Argentina is set to increase with more investor-friendly economic policies
Argentina is becoming a hot spot for foreign investors thanks to new economic policies that are turning heads.
In 2024, Argentina saw a $69 million boost in Foreign Direct Investment (FDI), a clear sign that international interest is on the rise. This uptick is a breath of fresh air compared to past years, showing that the country is on the right track.
One game-changer is the Régimen de Incentivos para Grandes Inversiones (RIGI), which offers tempting incentives like reduced federal income tax and no export taxes. These perks are crafted to win over investors and make them feel secure about putting their money into Argentina. Plus, the RIGI sweetens the deal with 30-year tax breaks for big investments in booming sectors like energy and tech.
Another big move is the repeal of the Rural Land Law, which used to limit foreign ownership of rural land. Now, foreign investors have more freedom to buy property, making Argentina even more appealing. On top of that, the government is working hard to stabilize the currency and improve exchange rates, which is crucial for reducing the risks that come with currency ups and downs.
These changes are not just about numbers; they reflect a shift in Argentina's approach to foreign investment. The country is rolling out the welcome mat, and investors are taking notice. With these investor-friendly policies, Argentina is positioning itself as a prime destination for foreign capital.
Sources: Atlantic Council, Friedrich Naumann Foundation, WSC Legal, Trading Economics
We made this infographic to show you how property prices in Argentina compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) International buyers find it easier to invest in the city through virtual tours and online platforms
Virtual tours and online platforms are revolutionizing how international buyers invest in Buenos Aires.
In the past, buying property from abroad was a hassle, often involving multiple trips and lots of time. But by 2023, things started to change. The rise of virtual tour technologies is a big reason for this shift. By 2024, 80% of Argentinians were searching for properties online, showing a clear preference for digital solutions. Real estate agencies also caught on, with a 52% boost in visibility thanks to digital marketing tools like Mercado Ads.
Online real estate platforms have also grown significantly, especially those targeting international buyers. Websites like Zonaprop and MercadoLibre are now leading the way. Zonaprop alone sees over 10 million visits each month, offering secure and efficient property management solutions that make it easier for international buyers to navigate the market.
Many international buyers are now comfortable purchasing properties remotely, often without meeting sellers in person. Testimonials from investors highlight their confidence in virtual tours, saying they can easily imagine living in Buenos Aires after a remote viewing. This trust in digital platforms has led to a 47.3% increase in property sales from July 2023 to December 2024.
Virtual tours are not just a novelty; they are becoming a necessity in the modern real estate market. The convenience and efficiency they offer are unmatched, making it easier than ever for international buyers to invest in Buenos Aires. With the help of platforms like Zonaprop and MercadoLibre, the process is streamlined and secure.
As more people embrace these digital tools, the real estate landscape in Buenos Aires continues to evolve, offering exciting opportunities for international investors. The combination of virtual tours and online platforms is making the city more accessible than ever before.
Sources: Foreign Buyers Watch, YouTube
10) Villa Crespo's affordability is drawing first-time buyers seeking value
Villa Crespo is becoming more affordable, making it a hot spot for first-time buyers seeking value.
In Buenos Aires, Villa Crespo stands out with a significant increase in property listings, offering more budget-friendly options compared to other neighborhoods. This uptick is largely due to the repeal of the rent control law, which has led to a 170% surge in rental listings across the city, including Villa Crespo.
When it comes to price per square meter, Villa Crespo is a bargain. While Palermo's prices hover around $3,000/m², Villa Crespo offers a more attractive range of $2,300-2,500/m². This price gap is a major draw for first-time homebuyers eager to get more bang for their buck.
Real estate agents are buzzing about Villa Crespo, labeling it a "value neighborhood." The area is experiencing gentrification, with a 5.3% year-over-year increase in property prices. This makes it a compelling choice for those watching their wallets but still wanting a piece of the action.
Media outlets are also catching on, highlighting Villa Crespo's affordability. The neighborhood is quickly becoming a favorite among young professionals and creatives, thanks to its vibrant atmosphere and growth potential.
Villa Crespo's transformation is evident, as it attracts a new wave of residents looking for both affordability and a lively community. The neighborhood's dynamic vibe and evolving landscape make it a prime choice for those entering the property market.
Source: Bowtied Mara
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.