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Where are the best places to invest in Buenos Aires right now? Is Palermo still the top pick, or are neighborhoods like Villa Crespo, San Telmo, and Belgrano gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Buenos Aires and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Villa Devoto is attracting buyers with its suburban charm and spacious properties, offering great value for money
Villa Devoto is a hidden gem for property buyers, offering a suburban feel with spacious homes at a more affordable price.
In 2023, the average price per square meter in Villa Devoto was around $2,174, which is a steal compared to the $2,500 to $3,000 you'd pay in trendy spots like Recoleta and Palermo. This makes it a smart choice for those looking to get more bang for their buck.
Residents love Villa Devoto for its quiet, tree-lined streets and lush green spaces, earning it the nickname "The Garden of Buenos Aires." It's perfect for anyone craving a peaceful, relaxed lifestyle away from the city's hustle and bustle.
Homes here are notably larger, with apartments typically ranging from 150-200 square meters. This extra space is a big draw for families who need room to grow, making Villa Devoto a top pick for those prioritizing comfort and space.
There's a growing trend of buyers leaning towards suburban environments, and Villa Devoto fits the bill perfectly. Its spacious properties and serene atmosphere are increasingly in demand, reflecting a shift in what people value in a home.
Sources: Global Property Guide, Wikipedia
2) Barracas is gaining attention for its property appreciation potential and urban renewal projectsBarracas in Buenos Aires is becoming a hotspot for investors due to its potential for property appreciation and urban renewal.
In recent years, property prices in Barracas have been on the rise, mirroring a broader trend in Buenos Aires where property sale transactions jumped by 47.3%. This uptick shows a growing interest in real estate investment. The local government is actively backing this with urban renewal projects, including infrastructure upgrades and community initiatives, which are set to further boost property values.
Barracas has seen significant infrastructure improvements, such as the construction of new housing units and public services. By December 2023, nearly 1,700 housing units were completed in Barrio 20. The neighborhood is also witnessing a surge in new residential and commercial developments, akin to the gentrification in areas like Palermo Soho and Villa Crespo.
Real estate agencies are touting Barracas as a prime investment area. Foreign investors are drawn to Buenos Aires for its cultural charm and comparatively low property prices. Media coverage has amplified the transformation and revitalization of Barracas, making it more visible to potential investors.
Sources: C40 Reinventing Cities, Urban Coalitions
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Argentina. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
3) Villa Crespo is attracting interest with its rising property values and closeness to trendy Palermo
Villa Crespo is catching eyes thanks to its rising property values and closeness to the trendy Palermo neighborhood.
In recent years, property prices in Villa Crespo have jumped by 5.5% annually, making it a hot spot for young professionals and creatives. This growth is largely due to its proximity to Palermo, where prices have skyrocketed, pushing many to seek the bohemian charm of Villa Crespo's cobbled streets.
As Palermo becomes pricier, Villa Crespo is becoming the go-to spot for those looking for a vibrant yet affordable neighborhood. The area's unique character and artistic vibe are drawing in a crowd eager for a lively community without the Palermo price tag.
Adding to its allure, Villa Crespo is seeing major urban regeneration and infrastructure upgrades, including new transport links. These developments are set to boost the area's appeal even further, likely driving property prices up in the future.
The neighborhood is also buzzing with trendy restaurants and shops, creating a dynamic atmosphere that attracts both residents and investors. This lively scene is a big draw for those wanting to be part of a thriving community.
With all these factors in play, Villa Crespo is quickly becoming a sought-after destination for those looking to invest in Buenos Aires real estate.
Source: Monocle
4) Parque Patricios is booming with its tech district development, enhancing commercial and residential real estate
Parque Patricios is thriving thanks to its booming technology district.
In recent years, property values have climbed, largely due to major investments like the relocation of the mayor's office, which has become a magnet for businesses and residents. The area is now bustling with over 240 tech companies, including big names like Tata, Accenture, and Deloitte. These firms are not just setting up shop; they are driving innovation with cutting-edge technologies and creating jobs, which attracts more professionals to the neighborhood.
Government incentives have been a game-changer. The city has rolled out commercial tax relief and improved public transport, including a new subway station and the Ecobici bike share system. These initiatives have made Parque Patricios more accessible and appealing. The Delmo Group's Master Plan for the IT District has also spurred commercial real estate development, breathing new life into historic sites and paving the way for new facilities.
On the residential side, there's a noticeable influx of young professionals and tech workers. This shift is evident in the rising enrollment in local schools, signaling a boom in residential construction. The efficient Metrobus system has further improved the quality of life, making the area a sought-after place to live and work.
Parque Patricios is not just about business; it's about community. The neighborhood's transformation is a testament to how strategic investments and urban planning can revitalize a long-neglected area. The blend of historic charm and modern amenities is drawing a diverse crowd, eager to be part of this vibrant community.
For those considering a move, Parque Patricios offers a unique blend of opportunity and lifestyle. The ongoing development and community spirit make it an attractive option for anyone looking to invest in a promising area.
Sources: Brookings, Delmo Group, C40
5) Caballito is thriving with its central location and diverse properties, attracting families and investors
Caballito is a hot spot in Buenos Aires for property buyers.
Its central location offers easy access to major transportation hubs, making it perfect for those who commute or travel often. Imagine hopping on a bus or train and reaching your destination in no time. This convenience is a big draw for many.
Caballito's charm also lies in its diverse range of property types. Whether you're eyeing a cozy apartment, a spacious house, or a commercial space, you'll find it here. This variety attracts everyone from families needing more room to investors seeking rental or commercial opportunities.
Families love Caballito for its reputable schools and family-friendly amenities. The area offers a stable environment, crucial for raising kids. Plus, new residential and commercial developments, including eco-friendly projects, are popping up, adding to its allure.
In recent years, property values in Caballito have consistently increased. For example, the average value hit $3,184/m², with a 5.08% rise over the past year. This upward trend makes Caballito a prime spot for investors looking for rental income.
Caballito is outpacing other Buenos Aires neighborhoods, making it a top choice for investors. Its mix of location, property variety, and rising values create a compelling case for buying here.
Sources: INMSA, The Wandering Investor, BuySellBA
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6) San Telmo is gaining interest for its historic charm and increasing boutique hotels and Airbnb rentals
San Telmo in Buenos Aires is turning heads with its historic charm and a surge in boutique hotels and Airbnb rentals.
Over the past couple of years, property values in San Telmo have risen, reflecting its growing appeal. This neighborhood is a magnet for both tourists and locals, thanks to its rich history and vibrant cultural scene. Boutique hotels like L’Adresse Hôtel Boutique and Lina’s Tango Guesthouse are popping up, offering visitors a unique and charming experience.
Airbnb is thriving here too, with a noticeable increase in listings. By 2024, San Telmo had a 68% average occupancy rate for short-term rentals, showing just how popular the area has become. Many of these places are fully booked during peak tourist seasons, underscoring the neighborhood's allure.
San Telmo's streets are alive with tango dancers, antique shops, and lively markets, making it a cultural hotspot that draws people in. The neighborhood's historic architecture and cobblestone streets add to its charm, creating a picturesque setting that feels like stepping back in time.
Investors are taking note, with the area's real estate market gaining momentum. The blend of old-world charm and modern amenities makes San Telmo a desirable place to own property, whether for personal use or as a rental investment.
With its unique blend of history, culture, and modern living, San Telmo is a neighborhood that continues to captivate and attract attention from around the world.
Sources: Buenos Aires Times, Career Gappers
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.