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Property prices in Córdoba, Argentina's second-largest city, remain notably affordable compared to Buenos Aires while showing steady growth potential.
As of September 2025, the average apartment price in Córdoba stands at €1,549 per square meter, with significant variations between the historic center and outer neighborhoods. Whether you're considering a studio in the city center or a suburban house with a garden, understanding the current market dynamics will help you make informed investment decisions.
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.
Córdoba property prices average €1,549/m² as of September 2025, ranging from €1,155/m² in outskirt areas to €1,865/m² in premium central locations.
The market shows healthy rental yields of 6.05% and steady appreciation of 4-5% annually, making it attractive for both investors and homebuyers.
| Property Type | Center Price Range | Outskirts Price Range |
|---|---|---|
| Studio/1-bedroom | €75,000 - €125,000 | €50,000 - €70,000 |
| 3-bedroom apartment | €150,000 - €250,000 | €100,000 - €170,000 |
| Detached house (suburbs) | - | €200,000+ |
| Price per m² (apartments) | €1,753 - €1,865 | €1,155 - €1,206 |
| Rental yield | 5.25% - 6.43% | 6%+ |
| Monthly rent per m² | €9.25 | €7.80 |
| Land per m² | - | €238 |
What's the average price per square meter for apartments in Córdoba right now?
The current average price for residential apartments in Córdoba is €1,549 per square meter as of September 2025.
This figure represents a 4.24% increase from the previous year, showing consistent market growth in Argentina's second-largest city. The price range varies significantly across different neighborhoods, spanning from €1,155 to €1,865 per square meter depending on location and property quality.
Multiple market sources confirm that apartment prices in Córdoba consistently fall within the €1,500-€1,550 per square meter range, making this a reliable benchmark for property valuations. The historic center and premium neighborhoods command the highest prices, while peripheral areas offer more affordable options for budget-conscious buyers.
This pricing positions Córdoba as significantly more affordable than Buenos Aires, where similar properties often cost 40-60% more per square meter. The steady price appreciation combined with reasonable entry costs makes Córdoba an attractive option for both first-time homebuyers and property investors.
It's something we develop in our Argentina property pack.
How much do small studios and one-bedroom apartments usually cost in the city center compared to the outskirts?
Studios and one-bedroom apartments in Córdoba's city center cost €1,700-€1,850 per square meter, while similar properties in the outskirts start from €1,155-€1,206 per square meter.
In premium central areas like Centro and Judería, you'll find the highest concentration of historic properties and modern amenities. The Centro district averages €1,753 per square meter, while the most exclusive Huerta de la Reina-Arruzafilla-Figueroa area reaches €1,865 per square meter. These locations offer walkability to major attractions, universities, and business districts.
Peripheral neighborhoods like Campo de la Verdad, Sector Sur-Guadalquivir, and other Periurbano areas offer significantly lower prices starting at €1,155 per square meter. These areas still provide good access to the city center while offering larger living spaces and often newer construction at more affordable rates.
For total purchase prices, expect to pay €75,000-€125,000 for a studio or one-bedroom in the center, compared to €50,000-€70,000 in the outskirts. This 30-40% price difference makes outer neighborhoods particularly attractive for young professionals and investors seeking higher rental yields.
The price gap reflects not just location premium but also infrastructure differences, with central areas offering better public transport, cultural amenities, and walkable services.
What's the going price for a standard three-bedroom apartment in Córdoba?
A standard three-bedroom apartment in Córdoba costs between €1,200-€1,700 per square meter depending on the neighborhood and property condition.
In desirable central areas, three-bedroom apartments typically sell for around €1,680 per square meter, translating to total prices of €150,000-€250,000 for a standard 90-150 square meter unit. These properties often feature traditional Spanish architecture, high ceilings, and proximity to major amenities.
Mid-range neighborhoods offer three-bedroom apartments in the €1,400-€1,500 per square meter range, providing good value for families seeking space and modern amenities. These areas often feature newer construction with parking spaces and communal facilities.
Outer districts and suburban areas price three-bedroom apartments from €1,200 per square meter upward, with total costs ranging from €100,000-€170,000. These properties typically offer more space, private terraces or small gardens, and parking facilities.
The three-bedroom segment represents the sweet spot for both local families and international buyers, offering the best balance of space, amenities, and resale potential in Córdoba's growing market.
How much does a detached house with a garden typically cost in the suburbs?
A typical detached house with a garden in Córdoba's suburbs averages €200,000, with prices varying based on size, location, and amenities.
Suburban locations like Brillante and Ciudad Jardín offer detached homes at €1,200-€1,400 per square meter, often featuring private gardens, garage spaces, and modern amenities. These neighborhoods provide a residential atmosphere while maintaining reasonable access to the city center.
Larger properties in outer suburban areas can offer better value per square meter, sometimes dropping below €1,200 per square meter for houses with substantial garden space. These properties appeal to families seeking privacy, space for children, and the ability to customize their living environment.
The suburban market benefits from Córdoba's manageable size, where even outer neighborhoods remain within 20-30 minutes of the city center by car. This accessibility supports property values while offering the lifestyle benefits of suburban living.
Recent infrastructure improvements and urban planning initiatives in suburban areas have supported steady value appreciation, making these properties increasingly attractive for long-term investment and family living.
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What are the price differences between new developments and older resale properties?
New construction properties in Córdoba command a 10-20% premium over older resale properties, with new builds experiencing 31% price growth in Q1 2025 compared to just 4.5% for resales.
New developments in sought-after neighborhoods near the city center typically price around €1,850 per square meter, while comparable resale properties in the same areas sell for €1,500-€1,600 per square meter. This premium reflects modern amenities, energy efficiency, warranties, and contemporary design standards.
The significant price appreciation for new builds indicates strong demand for modern properties with updated infrastructure, elevator access, parking facilities, and energy-efficient systems. Developers are responding to buyer preferences for move-in-ready properties with minimal renovation requirements.
Resale properties, particularly those requiring renovation, offer opportunities for buyers willing to invest in improvements. Many historic properties in central Córdoba feature unique architectural details and larger room sizes that appeal to buyers seeking character and customization potential.
The growing gap between new and resale properties reflects Córdoba's evolving market, where modern amenities and turnkey convenience increasingly command premium pricing from both local and international buyers.
How much do luxury properties or high-end penthouses usually sell for in Córdoba?
Luxury penthouses in Córdoba's premium locations start at €500,000 and frequently exceed €700,000 for 3-4 bedroom units, with price per square meter reaching €3,500-€5,000 for ultra-premium offerings.
High-end properties in the Centro district and newer luxury developments offer panoramic city views, premium finishes, private terraces, and concierge services. These penthouses typically feature 150-200 square meters of living space plus substantial terrace areas.
Many luxury options list between €570,000-€700,000 for full-floor or duplex penthouses, targeting affluent local buyers and international investors seeking premium Argentine real estate. These properties often include parking spaces, storage areas, and access to building amenities like rooftop pools or gyms.
The luxury segment benefits from Córdoba's growing reputation as a cultural and educational center, attracting wealthy professionals, academics, and retirees seeking high-quality urban living. Limited supply of truly luxury properties supports premium pricing and strong appreciation potential.
Ultra-luxury properties exceeding €1 million remain rare in Córdoba, creating opportunities for wealthy buyers to acquire exceptional properties at prices significantly below comparable offerings in Buenos Aires or international markets.
What are the average monthly rent prices for apartments, and how do they compare to purchase prices?
Average monthly rent in Córdoba is €9.06 per square meter as of September 2025, with central areas commanding €9.26 per square meter and outskirts as low as €7.78 per square meter.
A typical three-bedroom apartment rents for €650-€850 per month, while smaller studio and one-bedroom units rent for €400-€650 monthly in central locations. These rental rates have increased approximately 6.5% year-over-year, supporting healthy investment returns for property owners.
The rental market shows strong demand from university students, young professionals, and temporary residents, providing consistent tenant pools for investors. Córdoba's major universities and growing tech sector support steady rental demand across various property types.
Compared to purchase prices, current rental rates generate gross yields of approximately 6.05% city-wide, with some neighborhoods and property types achieving yields above 6.5%. This compares favorably to many European markets where yields often fall below 4%.
The healthy relationship between rental income and property prices makes Córdoba attractive for buy-to-let investors, particularly those seeking steady cash flow and capital appreciation in a growing Argentine market.
How much higher are property prices in the historic center compared to modern neighborhoods?
Properties in Córdoba's historic center cost 25-60% more than comparable properties in peripheral districts, with premium central locations reaching €1,865 per square meter versus €1,155 per square meter in outer areas.
| Area Type | Price per m² | Premium vs. Outskirts |
|---|---|---|
| Historic Center (Premium) | €1,753-€1,865 | 50-60% premium |
| Central Districts | €1,600-€1,750 | 35-50% premium |
| Mid-range Areas | €1,400-€1,600 | 20-35% premium |
| Modern Suburban | €1,200-€1,400 | 5-20% premium |
| Peripheral Districts | €1,155-€1,206 | Base level |
The historic center's premium reflects its UNESCO World Heritage status, proximity to major attractions, walkable infrastructure, and limited development opportunities that constrain supply. Properties in areas like Judería offer unique architectural features and cultural significance that justify higher prices.
Modern neighborhoods outside the center often provide better value for space, parking availability, and contemporary amenities, making them attractive for families and investors focused on rental yields rather than prestige locations.
This price differential creates opportunities for different investment strategies, from luxury short-term rentals in historic areas to steady long-term rental income in more affordable neighborhoods.
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's the typical price range for land per square meter if someone wants to build a house?
Average land prices in Córdoba are approximately €238 per square meter for urban, buildable plots as of Q2 2025, with significant variations based on location and zoning.
Premium suburban areas with established infrastructure and proximity to the city center command higher land prices, often reaching €300-€400 per square meter. These locations offer the best potential for custom home construction with good resale value.
Mid-range suburban plots typically cost €200-€300 per square meter, providing good value for families seeking to build custom homes with gardens and modern amenities. These areas often feature newer infrastructure and planned development.
Peripheral and rural areas suitable for development start around €150-€200 per square meter, offering the most affordable options for large plot purchases. However, buyers should consider additional infrastructure costs and longer commute times to the city center.
Land prices have remained relatively stable compared to constructed property appreciation, creating opportunities for buyers interested in custom construction projects. Building costs and permit requirements should be factored into total development budgets.
How much are the additional costs like property taxes, notary fees, and registration in Córdoba as a percentage of the purchase price?
Total additional costs for property purchases in Córdoba range from 11-13% of the purchase price, varying between new construction and resale properties.
For new construction purchases, buyers pay 10% VAT (IVA) plus 1.2% stamp duty (AJD) under Andalusia rates, totaling 11.2% in taxes. Additionally, notary and registration fees typically add 0.5-2% of the property value.
Resale property purchases incur Property Transfer Tax (ITP) of 8-10% of the purchase price, plus the same notary and registration fees of 0.5-2%. This makes resale purchases slightly less expensive in terms of total transaction costs.
Notary fees cover the legal documentation and property transfer process, while registration fees ensure proper title recording in public registries. These professional services provide essential legal protection for property buyers.
Budget planning should include these costs upfront, as they must be paid during the purchase process. It's something we develop in our Argentina property pack, helping buyers understand total investment requirements beyond the property price.
How have property prices changed over the past five years in Córdoba?
Córdoba property prices have experienced steady appreciation over the past five years, with average prices increasing from approximately €1,250 per square meter in 2020 to €1,550 per square meter in 2025.
The market has shown consistent 4-5% annual price increases in recent years, with 2025 showing particularly strong growth of 19% for new construction developments. This acceleration reflects increased demand and limited supply in desirable areas.
The five-year appreciation totals approximately 20-25% overall, demonstrating Córdoba's stable and growing property market. This growth rate outpaces inflation while remaining sustainable compared to more volatile markets in other Argentine cities.
Market stability reflects Córdoba's diversified economy, major university presence, and growing technology sector that supports steady housing demand. The city has avoided the extreme volatility seen in some other Argentine real estate markets.
Recent growth acceleration suggests continued momentum, supported by infrastructure improvements, urban development projects, and increasing recognition of Córdoba as an attractive alternative to Buenos Aires for both living and investment.
What's the average rental yield or return on investment for someone buying to rent in Córdoba?
Current gross rental yields in Córdoba average 6.05% city-wide, with a stable range of 5.25-6.43% depending on property type and location.
Lower-priced neighborhoods and smaller apartment units often generate yields above 6%, making them particularly attractive for investors focused on cash flow generation. Student housing near universities can achieve even higher yields due to consistent demand.
Central properties typically yield 5.25-6% due to higher purchase prices, but benefit from stronger capital appreciation potential and easier tenant recruitment. These properties appeal to investors seeking balanced returns from both rental income and property value growth.
Peripheral areas frequently offer yields above 6.5% due to lower purchase prices relative to rental rates, though investors should consider longer tenant search times and potential for slower capital appreciation.
These yield levels compare favorably to major European cities where yields often fall below 4%, making Córdoba attractive for international investors seeking higher returns. The combination of steady yields and capital appreciation creates compelling total return potential for buy-to-let investors.
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.
Córdoba's property market in 2025 presents compelling opportunities for both homebuyers and investors, with average prices of €1,549 per square meter offering excellent value compared to other major Argentine cities.
The combination of 6.05% rental yields, steady 4-5% annual appreciation, and reasonable transaction costs makes Córdoba an attractive destination for real estate investment, whether you're seeking a primary residence or rental property portfolio.