How's the housing market in Argentina now?

Authored by the expert who managed and guided the team behind the Argentina Property Pack

Everything you need to know before buying real estate is included in our Argentina Property Pack

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Argentina. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At The LatinVestor, we explore the Argentine real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Buenos Aires, Córdoba, and Mendoza. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average price per square meter for residential properties in Argentina by major city and region?

Buenos Aires leads Argentina's residential market with prices ranging from $2,200 to $2,500 per square meter as of September 2025.

Premium neighborhoods like Puerto Madero command up to $6,500 per square meter, while budget districts start at $1,500 per square meter. Palermo, one of the most sought-after areas, averages around $3,172 per square meter, with Palermo Soho exceeding $4,000 per square meter.

Córdoba offers more affordable options at $1,800 to $2,000 per square meter, with student areas near universities starting closer to $1,500 per square meter. Mendoza prices range from $1,850 to $2,300 per square meter, while Rosario falls between $2,000 and $2,200 per square meter.

The national average for city center properties stands at $2,234 per square meter, reflecting the concentration of higher prices in major urban centers compared to smaller cities and rural areas.

How have property prices changed over the past 6 months, and how does that compare to the past 3 years?

Argentina's property market has shown steady nominal growth over the past 6 months, with prices increasing 5-7% across major cities.

Buenos Aires and premium districts have led this growth, though when adjusted for inflation, real values remain below their 2019 peak levels. Over the past 3 years, starting from April 2023's low of $2,192 per square meter in Buenos Aires, prices have climbed steadily through 2024 to reach approximately $2,447 per square meter, and now stand at current levels around $2,500 per square meter.

This represents a nominal increase of 10-15% over the last year alone. However, the broader picture shows that despite these nominal gains, the actual purchasing power of real estate has fallen over 70% during the past decade due to persistent high inflation.

Real prices remain 20-30% below historical peaks, indicating that while the market is recovering, it still has room to grow before reaching pre-crisis levels in inflation-adjusted terms.

What's the current level of housing supply and demand in the main cities?

Housing demand in Argentina's major cities is rising robustly, driven by both local and international buyers targeting apartments in rejuvenated and tourist districts.

Transaction volumes in Buenos Aires have surged nearly 40% year-on-year, while mortgage issuance has exploded by over 1,000%, creating unprecedented market activity. This dramatic increase stems from foreign investment, regulatory reforms, and significantly improved access to credit for homebuyers.

Supply is responding to this increased demand, with developers focusing on modern apartments and renovated units in prime locations. The market is particularly active in sought-after neighborhoods where inventory moves quickly due to strong buyer interest.

Provincial cities are also experiencing increased activity, though at a more moderate pace compared to Buenos Aires and other major metropolitan areas.

How long are properties staying on the market before being sold right now?

Properties in Buenos Aires and other major cities are selling remarkably quickly, with well-priced apartments in sought-after areas selling in under 60 days on average.

Location	Average Time on Market	Property Type
Buenos Aires (Premium Areas)	30-45 days	Modern 1-2BR apartments
Buenos Aires (Standard Areas)	45-60 days	Well-priced apartments
Córdoba	60-75 days	Student housing/apartments
Mendoza	60-90 days	Tourism-focused properties
Provincial Cities	2-4 months	Various residential types
Suburban Houses	3-6 months	Larger family homes
Luxury Properties	3-8 months	High-end apartments/houses

Which property types are seeing the fastest price growth, and which are stagnating or declining?

Modern apartments, particularly 1-2 bedroom units, are experiencing the fastest price growth in Argentina's residential market.

Newly renovated units and premium-located studios are leading appreciation rates, with luxury units in Palermo Soho and Puerto Madero showing the strongest performance. These property types are forecast to achieve 8-12% annual growth, driven by high demand from both local buyers and foreign investors.

Older, unrenovated apartments and suburban houses are showing much slower appreciation rates of only 1-3% annually. Commercial properties and large three-bedroom units are trailing behind the market leaders, with some segments showing minimal growth or even stagnation.

It's something we develop in our Argentina property pack.

The key differentiating factors are location, condition, and size, with smaller, well-located, and recently renovated properties significantly outperforming larger or older alternatives in terms of both appreciation and market liquidity.

What's the current rental yield in different regions, and how has it shifted recently?

Rental yields across Argentina have improved significantly, rising from 4.64% in Q3 2023 to 5.98% nationally by Q2 2025.

City	Gross Rental Yield	Best Property Types
Mendoza	6.6%	Tourism-driven residential
Córdoba	6.45%	Student/young professional housing
Buenos Aires	4.88%	Short-term/tourist studios (6-9%)
Rosario	4.19%	Long-term residential leases
National Average	5.98%	Studios and 1BR apartments

Studios and 1-bedroom apartments consistently deliver the highest yields across all cities, particularly in tourist or student areas. Buenos Aires shows the most variation, with short-term tourist rentals achieving 6-9% yields while traditional long-term rentals average around 4.88%.

This yield improvement reflects rental law reforms and increased demand from both tourists and young professionals seeking quality accommodation in urban centers.

What are the short-term market forecasts for the next 6 to 12 months?

Argentina's residential property market is forecast to continue its strong performance over the next 6-12 months, with 5-8% appreciation expected in USD terms.

Premium areas are projected to see even higher growth rates due to sustained foreign demand and ongoing policy stability under the current economic reforms. Transaction volumes and mortgage activity are expected to remain robust, supporting continued market momentum.

The mortgage market boom is likely to continue driving accessibility for local buyers, while foreign investment should maintain strong inflows, particularly targeting city-center apartments and resort regions. Buenos Aires, Córdoba, and Mendoza are positioned to lead this growth.

Market fundamentals suggest that the current reforms and currency stabilization measures will continue supporting positive price momentum through 2026, assuming political and economic stability is maintained.

What are the medium-term projections for the next 2 to 3 years?

Medium-term projections for 2026-2028 show annual growth between 7-10% in USD terms, contingent on successful inflation containment and continued economic reforms.

Real property values may return to pre-pandemic levels in major districts by 2027-2028, representing a significant recovery from current levels that remain 20-30% below historical peaks. The national compound annual growth rate is forecast at approximately 3% through 2029.

Key factors supporting this optimistic outlook include ongoing free-market reforms, sustained foreign investment interest, and improved mortgage market accessibility. However, these projections assume continued political stability and successful inflation management.

It's something we develop in our Argentina property pack.

The recovery timeline suggests that early investors in the current cycle may benefit from both the immediate growth and longer-term appreciation as the market normalizes to historical value levels.

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 are the main economic or political factors currently influencing the housing market?

Currency stabilization represents the most significant economic factor influencing Argentina's housing market, with ongoing peso devaluation attracting foreign buyers seeking hard assets as inflation hedges.

Free-market reforms implemented by the current administration have fundamentally transformed the market landscape. The repeal of rent controls, broader deregulation, and dramatically easier access to mortgage credit have unlocked substantial growth potential across the residential sector.

High inflation remains a persistent challenge, acting as a drag on real (inflation-adjusted) property values and overall affordability for local buyers, despite nominal price increases. However, this same inflation is driving both domestic and international investors toward real estate as a store of value.

Foreign investment policies have created record capital inflows, particularly from U.S. and European buyers targeting city-center apartments and resort regions, fundamentally changing market dynamics and pricing in premium locations.

Which areas are considered the best value for buyers right now based on price trends and growth potential?

Emerging neighborhoods in Buenos Aires, particularly Villa Lugano and Villa Crespo, offer exceptional value with entry prices of $1,500-$1,800 per square meter while maintaining solid demand and significant upside potential.

Tourist and university districts in Córdoba and Mendoza consistently outperform on both rental yield and appreciation metrics, making them attractive for both investors and owner-occupiers seeking growth potential.

Certain central districts where prices remain 20-30% below historical peaks present compelling opportunities, as these areas are predicted to stabilize and recover faster if current economic reforms continue. These undervalued urban areas combine affordability with established infrastructure and amenities.

Mid-tier neighborhoods in major cities often provide the best balance of current affordability and future growth potential, avoiding the premium pricing of luxury districts while benefiting from urban development and infrastructure improvements.

For a buyer looking to live in the property, where would be the most stable and affordable locations today?

Mid-tier neighborhoods in Buenos Aires, particularly Caballito and Almagro, provide the optimal combination of affordability and stability for owner-occupiers.

1. **Caballito, Buenos Aires** - $2,268/m² average, excellent transport links, established amenities2. **Almagro, Buenos Aires** - Similar pricing to Caballito, strong community feel, good infrastructure 3. **Central Córdoba** - $1,800-$2,000/m², university city benefits, cultural amenities4. **Nueva Córdoba** - Modern development area, good value for new construction5. **Central Mendoza** - $1,850-$2,300/m², wine region lifestyle, tourism infrastructure

These locations offer proximity to employment centers, established infrastructure, and amenities without the volatility of luxury districts. They provide predictable price growth rather than the dramatic swings seen in premium neighborhoods.

It's something we develop in our Argentina property pack.

For maximum stability, avoid luxury districts with volatile appreciation patterns and instead focus on well-located but less trendy areas that demonstrate steady, sustainable growth over time.

For an investor aiming to rent out or resell, which cities, property types, and budgets currently offer the highest return potential?

Buenos Aires neighborhoods including Palermo Soho and Puerto Madero offer the highest return potential for investors, followed by Córdoba's Nueva Córdoba district and Mendoza's tourist zones.

Investment Category	Best Options	Expected Returns
Highest Yield Cities	Mendoza, Córdoba	6.6% and 6.45% gross yields
Best Appreciation	Buenos Aires (Palermo, Puerto Madero)	8-12% annual growth forecast
Optimal Property Type	Studios & 1BR apartments	6-9% yields, fastest sales
Budget Range (Value)	$120,000-$180,000	Quality small apartments
Budget Range (Premium)	$300,000+	Luxury units, highest appreciation
Best Market Segment	Tourist/University zones	Lower vacancy, higher yields
Investment Strategy	Dollar-priced urban apartments	Currency protection + growth

Studios and 1-bedroom apartments in tourist or university zones deliver the highest yields at 6-9%, with the quickest turnaround times and lowest vacancy risk. The optimal budget range of $120,000-$180,000 targets quality small apartments in prime locations, while investors with $300,000+ budgets can access luxury units with the highest appreciation potential and premium rental demand.

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.

Sources

1. Accounting Insights - House Costs in Argentina
2. The LatinVestor - Average House Price Argentina
3. The LatinVestor - Argentina Price Forecasts
4. Numbeo - Country Price Rankings
5. Adventures in CRE - Argentina Real Estate Markets
6. The LatinVestor - Buenos Aires Real Estate Market
7. Bloomberg - Argentina Real Estate Mortgage Boom
8. The LatinVestor - Argentina Real Estate Forecasts
9. The LatinVestor - Average Rent Argentina
10. Global Property Guide - Argentina Rental Yields