Buying real estate in Argentina?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

How's the housing market in Buenos Aires now?

Last updated on 

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

property investment Buenos Aires

Yes, the analysis of Buenos Aires' property market is included in our pack

Buenos Aires' property market is experiencing a significant recovery phase as of September 2025, with prices rising across most neighborhoods and transaction volumes increasing dramatically. The market has shifted from the downturn of previous years to what experts are calling an early-stage bull market, driven by currency stabilization, improved mortgage access, and renewed investor confidence following key policy reforms.

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.

How this content was created 🔎📝

At The LatinVestor, we explore the Buenos Aires 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 neighborhoods like Palermo, Puerto Madero, and Recoleta. 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 in Buenos Aires right now?

As of September 2025, the average property price in Buenos Aires ranges from USD 2,200 to USD 2,500 per square meter for apartments.

Premium neighborhoods command significantly higher prices, with Palermo, Recoleta, and especially Puerto Madero ranging from USD 3,500 up to USD 6,500 per square meter. Puerto Madero represents the top tier of the Buenos Aires market, with luxury apartments reaching the highest price points in the city.

Entry-level and more affordable neighborhoods like Villa Lugano, Mataderos, and Liniers offer opportunities at USD 1,500 to USD 1,800 per square meter. These areas provide good value for first-time buyers and investors seeking higher rental yields.

The significant price variation across neighborhoods reflects Buenos Aires' diverse real estate landscape, where location, infrastructure, and neighborhood prestige heavily influence property values.

How have property prices changed over the past 3 months, 12 months, and 5 years?

The Buenos Aires property market has shown remarkable growth momentum in recent periods, with accelerating price increases across different timeframes.

Over the last 3 months, nominal prices grew by 5.49% quarter-over-quarter, driven by renewed investor demand and improved market confidence. This quarterly growth represents one of the strongest short-term performance periods in recent years.

The 12-month period shows even more dramatic gains, with prices increasing between 9% and 39% in dollar terms depending on the neighborhood. Palermo experienced 9% nominal growth, while the median sale price across the city jumped by 38.9%. Most value gains occurred in dollar-denominated transactions as the peso devalued against the US dollar.

Looking at the 5-year perspective reveals a complex picture: while nominal growth averaged 5-7% annually, real inflation-adjusted prices fell by approximately 70% since 2019 due to Argentina's high inflation environment. However, for international buyers paying in US dollars, this presents significant value opportunities compared to historical peaks.

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

Which neighborhoods are seeing the biggest price increases and which are dropping?

Neighborhood Avg. Price/Sqm (USD) Price Trend
Puerto Madero 5,931-6,500 ↑ 8-12% growth
Palermo Soho 4,000+ ↑ 8-12% growth
Recoleta 3,500-4,300 ↑ 8-12% growth
Villa Crespo 2,000-2,500 ↑ 5.5% growth
Lugano/Mataderos 1,500-1,800 → Stable/slight increase
Caballito 2,268 → Stable
Belgrano 2,800-3,200 ↑ Moderate growth

How does the market differ between apartments, houses, and commercial properties?

The Buenos Aires real estate market shows distinct performance patterns across different property types, with apartments leading the recovery.

Apartments are experiencing the largest price increases, particularly renovated and modern units in central neighborhoods. The apartment market benefits from strong rental demand and investor preference for manageable, liquid assets. Modern apartments with updated amenities command premium prices and faster sales.

Houses in suburban areas show moderate growth with more stable pricing patterns. The house market receives less investor attention compared to apartments, making it more dependent on local buyer demand. Suburban houses offer better value for families but typically have longer selling periods.

Commercial properties are trailing behind the residential sector and are not the focus for rapid price rises. The commercial market remains more cautious, with businesses still adapting to economic changes and uncertain about expansion plans.

Investment capital is flowing primarily into residential apartments, creating a two-speed market where apartments significantly outperform other property types in both price appreciation and transaction volume.

What's the current average rental yield in each main neighborhood?

Rental yields in Buenos Aires vary significantly by neighborhood, with a clear pattern where more affordable areas offer higher returns.

Neighborhood Gross Yield (%) Investment Profile
Lugano, Nueva Pompeya ~8% High yield areas
Parque Avellaneda ~7.5% Strong rental returns
Buenos Aires Average 5.98-7.3% City-wide benchmark
Villa Crespo ~6% Emerging market
Palermo ~4.2% Premium, lower yield
Belgrano ~4.3% Established, lower yield
Puerto Madero ~3.6% Lowest yields, highest prices

How long are properties staying on the market before they sell, and is this changing?

Properties in Buenos Aires are selling significantly faster than in previous periods, indicating a seller's market with strong buyer demand.

Transaction volume increased by 38-40% year-on-year, suggesting that properties are moving more quickly through the sales process. This acceleration reflects renewed buyer confidence and improved financing options.

Well-priced and renovated apartments are experiencing the shortest time-on-market periods, often selling within weeks rather than months. Properties that are competitively priced and in good condition benefit from multiple buyer interest and faster negotiations.

The improvement in selling speed correlates directly with the explosion in mortgage lending, which increased by 1,000% year-on-year, giving more buyers access to financing and the ability to close transactions quickly.

Market dynamics favor sellers who price realistically and maintain their properties well, while overpriced or poorly maintained properties still face longer marketing periods.

What's the current inventory level, and is supply rising or falling?

Buenos Aires is experiencing a significant increase in property supply, particularly in the rental market, following recent policy changes.

Rental inventory surged by 170% following the repeal of restrictive rental laws, dramatically improving choice for both buyers and tenants. This policy change removed constraints that had limited rental supply and encouraged property owners to return units to the market.

For-sale inventory is also growing, with increasing transaction volumes and a "bullish" market phase indicating more listings coming to market. Developers are responding to improved demand by launching new projects and releasing previously held inventory.

Despite the increased supply, demand remains strong enough to absorb the additional inventory while maintaining price growth. The balance between supply and demand currently favors continued market stability with moderate price appreciation.

The supply increase is viewed positively by market participants as it provides more options for buyers and helps prevent excessive price bubbles while maintaining healthy market activity.

Don't lose money on your property in Buenos Aires

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

investing in real estate in  Buenos Aires

Are there any new government policies, taxes, or economic shifts affecting real estate demand?

Several significant policy changes and economic reforms are positively impacting Buenos Aires real estate demand as of September 2025.

Currency stabilization efforts and improved mortgage access represent the most impactful changes. Mortgage lending exploded by 1,000% year-on-year, restoring buyer access to financing that had been severely limited in previous years. This dramatic increase in credit availability directly translates to more potential buyers in the market.

The repeal of restrictive rental laws in 2023 continues to boost market flexibility, supply, and foreign investor confidence. These changes removed bureaucratic obstacles that had deterred both landlords and international investors from participating in the Buenos Aires market.

Broader macroeconomic reforms including fiscal and monetary adjustments, plus moves toward dollar transaction stability, continue to shape demand and price resilience. The government's focus on economic stabilization has improved investor confidence in the country's long-term prospects.

These policy changes collectively create a more favorable investment environment, encouraging both domestic and international capital to flow into Buenos Aires real estate.

If I want to buy to live in, which areas and property types offer the best quality-to-price ratio right now?

For homebuyers seeking the best quality-to-price ratio in Buenos Aires, several neighborhoods offer excellent value without compromising on livability.

  1. Villa Crespo: Features good infrastructure with rising but still affordable prices, increasingly popular with young professionals seeking vibrant neighborhood life
  2. Caballito: Offers reliable amenities and transportation connections while maintaining moderate pricing, ideal for families
  3. Mataderos: Provides authentic Buenos Aires character with improving infrastructure at entry-level prices
  4. Belgrano: Delivers mid-tier quality with reliable amenities and better long-term value potential
  5. Núñez: Combines residential tranquility with good connectivity and stable property values

For those with higher budgets, Palermo and Puerto Madero offer top quality amenities and lifestyle, but at premium prices that may limit value appreciation potential.

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

If I want to buy to rent out, which areas and budgets give the best rental income potential?

For buy-to-rent investors, Buenos Aires offers excellent opportunities in specific neighborhoods that combine strong rental yields with reliable tenant demand.

The highest rental yields are found in Lugano, Nueva Pompeya, and Parque Avellaneda, where gross returns reach 7.5-8%. These areas attract stable tenant populations and offer excellent cash flow potential for investors.

The optimal investment strategy focuses on studios or 1-bedroom apartments yielding 6.7-8.3%, with ideal budgets ranging from USD 60,000 to USD 100,000. These smaller units are easier to rent and maintain while providing superior returns on investment.

Emerging areas like Villa Crespo offer a balance between growing capital appreciation and solid rental yields around 6%, making them attractive for investors seeking both income and growth potential.

Premium neighborhoods like Palermo and Puerto Madero provide lower returns (3.6-4.3%) but offer easier renting to expatriates and professionals willing to pay higher rents. These areas suit investors prioritizing tenant quality over maximum yield.

The key to successful rental investment in Buenos Aires is matching property type and location to your target tenant demographic while maximizing yield potential.

infographics rental yields citiesBuenos Aires

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.

If I want to buy to resell in the short or medium term, where are the best opportunities?

For investors targeting capital appreciation through resale, certain Buenos Aires neighborhoods and property types offer the strongest potential for short to medium-term gains.

Palermo Soho and Puerto Madero lead in appreciation potential, representing the fastest-growing premium segments with luxury renovations commanding the highest price premiums. These areas benefit from continued gentrification and international buyer interest.

Villa Crespo emerges as an exceptional opportunity, combining emerging market dynamics with improving infrastructure and high demand from young professionals. The neighborhood's transformation makes it ideal for medium-term appreciation strategies.

The most profitable strategy focuses on newly renovated units or pre-sale and new development projects in trendy districts. These properties capture the fastest upside as they appeal to both local upgraders and international buyers seeking modern amenities.

Timing remains crucial, with the current early-stage bull market providing favorable conditions for resale strategies. Properties purchased now in prime locations with renovation potential offer the best combination of immediate value-add opportunities and market appreciation.

Success in resale requires understanding buyer preferences for modern, well-located properties with strong rental backup plans in case market timing requires extended holding periods.

How do local experts and recent market forecasts see prices evolving over the next 6 months, 1 year, and 5 years?

Market experts are notably optimistic about Buenos Aires real estate prospects, with forecasts indicating continued growth across all timeframes.

For the next 6-12 months, experts expect 5-8% annual nominal price increases with continued recovery momentum. Transaction volume growth and expanding mortgage availability should sustain buyer activity through this period. Some analysts anticipate increased supply from developers responding to improved demand conditions.

The 1-year outlook remains positive, with experts forecasting sustained growth driven by economic stabilization and policy reforms. The consensus view suggests the market will continue its transition from recovery to a more normalized growth pattern.

Over 5 years, USD-denominated prices are forecast to grow 7-10% annually, though inflation will continue influencing real values. The market remains significantly undervalued compared to pre-2019 peaks, especially attractive for dollar-based buyers seeking long-term value.

Expert consensus characterizes the current period as an early-stage "bull market" with a recovery phase extending through 2027 and beyond. Urban apartments and renovated units are expected to lead this growth cycle, particularly in established and emerging neighborhoods.

The overarching view suggests Buenos Aires offers a compelling combination of current value and future appreciation potential, supported by improving fundamentals and policy environment.

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

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. Buenos Aires Average Apartment Prices
  2. Argentina Price Forecasts
  3. Average House Price Argentina
  4. Buenos Aires Price Forecasts
  5. Top Buenos Aires Neighborhoods for Rising Property Prices
  6. Cushman Wakefield Argentina Market Beats
  7. Rental Apartment Yields Buenos Aires
  8. Exploring Latin America Real Estate Markets Argentina
  9. Argentina Radical Reform Economic Recovery
  10. Global Property Guide Argentina Rental Yields