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Mendoza's housing market shows solid growth with prices averaging $1,200 USD per square meter as of September 2025.
The market demonstrates strong fundamentals with 4.3% annual price growth, rental yields reaching 5-7%, and increased inventory providing buyers with more options across different neighborhoods and price ranges.
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Mendoza's residential market offers affordable entry points with average prices of $1,200 USD/m², solid rental yields of 5-7%, and emerging neighborhoods showing rapid appreciation rates of up to 29%.
Government reforms and improved mortgage access are boosting buyer demand, while increased inventory levels favor purchasers seeking quality options in both established and developing areas.
| Market Metric | Current Status (Sep 2025) | Key Details |
|---|---|---|
| Average Sale Price | $1,200 USD/m² | Houses and apartments; premium areas $130,000-$140,000+ USD |
| Price Growth (12 months) | +4.3% | Steady appreciation with emerging areas up to 29% |
| Rental Yields | 5-7% annually | Higher yields in city center and tourist areas |
| Market Inventory | +26% houses, +20% apartments | Buyer-friendly market with increased choice |
| Days on Market | 60-100 days average | Prime areas sell faster (30-60 days) |
| Best Investment Areas | Guaymallén, Luján de Cuyo, City Center | Rental price growth 25-29% in emerging areas |
| Mortgage Approvals | +40% year-over-year | Government reforms improving access |
What's the average sale price for houses and apartments in Mendoza right now?
The average residential price in Mendoza stands at $1,200 USD per square meter for both houses and apartments as of September 2025.
A typical one-bedroom apartment of 60 square meters costs around $72,000 USD, while a two-bedroom unit of 85 square meters averages $102,000 USD. Premium neighborhoods like Chacras de Coria and the city center command significantly higher prices, with comparable units ranging from $130,000 to $140,000+ USD.
Affordable areas offer substantial savings for budget-conscious buyers. Las Heras properties average around $40,000 USD, while Godoy Cruz offers even more accessible options at approximately $30,000 USD for similar-sized units.
This pricing structure reflects Mendoza's position as an accessible market compared to Buenos Aires, while still offering quality amenities and growth potential for both residents and investors.
How have prices changed over the past 3 months, 12 months, and 5 years?
Mendoza's residential market demonstrates consistent upward momentum across all timeframes, with accelerating growth in recent periods.
| Time Period | Price Change | Market Context |
|---|---|---|
| Last 3 months | 1-2% growth | Steady quarterly appreciation |
| Last 12 months | +4.3% | Strong annual performance |
| Last 5 years | +26% | From $950 to $1,200 USD/m² |
| Average annual growth | ~5.2% | Consistent long-term appreciation |
| Emerging areas growth | Up to 29% | Guaymallén, Luján de Cuyo leading |
What's the current average rental yield for different property types in Mendoza?
Rental yields in Mendoza range from 5% to 7% annually on a gross basis, with premium neighborhoods and smaller city center apartments often outperforming this average.
A typical two-bedroom apartment in the city center generates monthly rent of approximately ARS 506,000 (equivalent to $400-600 USD for one-bedroom units in high-demand areas). Tourist and digital nomad demand significantly boosts yields for well-located properties.
Apartments and small homes deliver stronger rental performance compared to vineyard estates, which yield less but appeal to the luxury market segment. Properties near tourist attractions, universities, and business districts command premium rental rates.
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How many properties are currently on the market compared to last year?
Mendoza's property market currently shows significantly increased inventory levels, creating a buyer-friendly environment with more options and negotiating power.
Current market listings have increased by 26% for houses and 20% for apartments compared to September 2024. The total market size encompasses over 28,000 properties listed as of September 2025, representing substantial inventory growth.
This increased supply benefits buyers by providing greater choice across different neighborhoods, property types, and price ranges. Sellers may need to be more competitive with pricing and presentation, but the market remains active with steady transaction volumes.
The inventory increase reflects both new construction completions and existing owners bringing properties to market, indicating confidence in current pricing levels and market conditions.
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Which neighborhoods are seeing the fastest price growth at the moment?
Emerging neighborhoods in Mendoza are experiencing exceptional rental price growth, which strongly indicates overall property appreciation potential.
Guaymallén leads the growth surge with a remarkable 29% rental price increase in the last quarter, followed closely by Luján de Cuyo at 28% and Maipú at 25%. These areas represent the most dynamic segments of Mendoza's real estate market.
Premium established neighborhoods like Chacras de Coria and the City Center show more moderate but steady growth, focusing on price stability and sustained demand from expatriates and tourists. These areas offer lower volatility with consistent appreciation.
The rapid growth in emerging areas reflects infrastructure improvements, increased connectivity, and expanding commercial development that attracts both residents and investors seeking value appreciation opportunities.
Which areas are currently the most affordable for buyers?
Godoy Cruz and Las Heras represent Mendoza's most accessible neighborhoods for property buyers, offering excellent entry points into the market.
Godoy Cruz properties average around $30,000 USD for typical residential units, making it the most budget-friendly option for first-time buyers and value-focused investors. Las Heras follows closely with average prices around $40,000 USD, still providing significant savings compared to premium areas.
These neighborhoods offer good infrastructure, transportation connections, and essential services while maintaining affordability. They appeal particularly to local buyers, young families, and investors seeking rental properties for the working-class market.
Despite lower prices, these areas show potential for appreciation as Mendoza's overall market grows and urban development spreads to previously overlooked neighborhoods.
How does demand differ between houses, apartments, and land?
Demand patterns in Mendoza vary significantly across property types, reflecting different buyer motivations and market segments.
Apartments experience the highest demand from investors, expatriates, and short-term rental operators targeting the tourist and digital nomad market. Their flexibility, lower maintenance requirements, and strong rental yields make them particularly attractive for investment purposes.
Houses maintain steady demand among local families and relocating expatriates seeking permanent residences. They appeal to buyers prioritizing space, privacy, and long-term living arrangements, though they typically require higher initial investments.
Land transactions show lower volume, primarily attracting speculative buyers and agricultural investors focusing on vineyard development or future construction projects. This segment moves more slowly but can offer significant long-term appreciation potential.
What are the average days on market for different property types in each area?
Property sale timeframes in Mendoza vary considerably based on type, location, and pricing, with prime areas showing notably faster transactions.
| Property Type | Average Days on Market | Prime Area Performance |
|---|---|---|
| Apartments | 60-85 days | 30-45 days (city center small units) |
| Houses | 70-100 days | 30-60 days (premium neighborhoods) |
| Luxury/Vineyard estates | 150+ days | 120-180 days (specialized market) |
| Land plots | 120-200 days | 90-150 days (prime locations) |
| Investment properties | 45-75 days | 20-45 days (high-yield areas) |
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Are there any government policies, taxes, or incentives affecting the market right now?
Several significant government policies are actively shaping Mendoza's real estate market in 2025, creating both opportunities and challenges for buyers and investors.
The 2025 Tax Reform has increased property taxes by 150-180% due to a new valuation system, particularly affecting premium and larger properties with higher carrying costs. This change impacts ongoing ownership expenses but hasn't significantly deterred market activity.
The RIGI (Large Investment Incentive Regime) provides substantial benefits for significant foreign and local investments, including tax advantages and foreign exchange benefits that encourage larger-scale property development and investment. Mortgage approvals have increased by 40% year-over-year, substantially boosting buyer demand and market accessibility.
Stamp duty exemptions for certain ownership transfers have simplified the buying process for qualifying investors, reducing transaction costs and improving market liquidity for specific property types.
Where are investors currently focusing for rental income opportunities?
Investor attention concentrates on specific neighborhoods and property types that deliver superior rental yields and appreciation potential.
The city center, Chacras de Coria, Guaymallén, and Luján de Cuyo represent primary investment targets, particularly for short-term rentals near vineyards and tourism attractions. These areas benefit from consistent tourist flows and growing expatriate populations.
Small apartments and well-located condominiums generate the strongest rental returns, especially those positioned near universities, business districts, and tourist zones. Properties suitable for short-term vacation rentals command premium rates during peak seasons.
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Investors increasingly target properties that can serve both traditional long-term rentals and seasonal short-term accommodations, maximizing flexibility and income potential throughout the year.
Which property types and areas offer the best potential for resale profit in the next few years?
Mendoza's resale market offers distinct opportunities across different neighborhoods and property categories, with varying risk-reward profiles.
Premium neighborhoods including Chacras de Coria and the City Center provide the most stable growth and strong resale markets due to consistent expatriate and tourist demand. These areas offer resilience against market downturns and high liquidity for future sales.
Emerging neighborhoods such as Guaymallén, Luján de Cuyo, and Maipú present higher appreciation potential with current growth rates reaching 25-29%. These areas carry higher risk but offer superior returns for buyers comfortable with emerging market dynamics.
Apartments in tourist-adjacent areas and small houses suitable for short-term rentals show strong resale potential due to Mendoza's growing reputation as a wine tourism destination and remote work hub.
If you were buying now, which neighborhoods, property types, and price ranges would make the most sense for living, renting out, or reselling?
Current market conditions favor strategic buyers who understand their primary objectives and choose locations accordingly.
For permanent living, Chacras de Coria offers the best combination of luxury amenities, expatriate community, and long-term value retention, while the City Center provides urban convenience and proximity to all services despite higher entry costs.
Rental investment opportunities excel in Guaymallén, Luján de Cuyo, and City Center locations, where 5-7% yields combine with strong appreciation potential. Small apartments and well-located houses provide maximum flexibility for both long-term and short-term rental strategies.
Resale-focused buyers should prioritize Chacras de Coria and City Center for stability and liquidity, or consider emerging areas like Maipú, Godoy Cruz, and Las Heras for higher appreciation potential at affordable entry points.
Optimal price ranges include $75,000-$140,000 USD for apartments in city or premium suburban locations, $100,000-$300,000+ USD for luxury houses and vineyard estates, and $40,000-$80,000 USD for starter homes in affordable suburbs offering strong growth potential.
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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.
Mendoza's real estate market in September 2025 presents compelling opportunities for both residents and investors seeking affordable entry points into a growing market.
With solid fundamentals including 4.3% annual price growth, attractive rental yields of 5-7%, and government policies supporting investment, the market offers balanced risk-reward profiles across different neighborhoods and price ranges.
Sources
- The LatinvestoR - Mendoza Price Forecasts
- The LatinvestoR - Mendoza Property Analysis
- Luxury Home Marketing Report
- Realtor.com International - Mendoza
- WSC Legal - RIGI Investment Incentives
- Legal 500 - Tax Incentives Real Estate 2025
- AirROI - Mendoza Market Report
- Properstar - Argentina House Prices