Authored by the expert who managed and guided the team behind the Argentina Property Pack
Yes, the analysis of Mendoza's property market is included in our pack
The Mendoza real estate market offers compelling opportunities for both investors and those looking to relocate, with house prices averaging around $1,200 USD per square meter as of September 2025. The market has shown steady growth with a 4.3% increase over 2024, making it an attractive destination for property buyers seeking value in Argentina's wine capital.
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.
House prices in Mendoza average $1,200 USD per square meter, with two-bedroom homes costing around $102,000 USD and three-bedroom houses ranging from $120,000 to $160,000 USD.
The city center commands premium prices that are 20-40% higher than suburban areas, while new construction costs at least $1,500 USD per square meter compared to older homes.
| Property Type | Average Size | Price Range (USD) |
|---|---|---|
| Two-bedroom house | 85 m² | $90,000 - $130,000 |
| Three-bedroom house | 100-130 m² | $120,000 - $160,000 |
| City center property | 85 m² | $130,000+ |
| Suburban house | 85 m² | $40,000 - $75,000 |
| Premium/luxury | 130+ m² | $300,000+ |
| New construction | 85-130 m² | $127,500+ |
| Building land | Per m² | $50 - $200 |
What's the current average price per square meter for houses in Mendoza?
The average price per square meter for houses in Mendoza stands at approximately $1,200 USD as of September 2025.
This represents a 4.3% increase compared to 2024 prices, indicating a healthy growth trend in the Mendoza residential market. The price point positions Mendoza as a competitive option within Argentina's real estate landscape, offering good value compared to major cities like Buenos Aires.
For newly constructed houses, expect to pay a minimum of $1,500 USD per square meter, reflecting the premium associated with modern construction standards, updated amenities, and energy-efficient features. Older properties typically trade between $1,000 to $1,200 USD per square meter, depending on their condition and location within the city.
The price variation depends significantly on the specific neighborhood, with premium areas like Chacras de Coria commanding higher rates, while suburban districts offer more affordable options. Market analysts expect this upward trend to continue through 2025, driven by increased interest from both domestic and international buyers.
It's something we develop in our Argentina property pack.
How much does a typical two-bedroom house cost in Mendoza right now?
A typical two-bedroom house in Mendoza costs approximately $102,000 USD as of September 2025.
This price reflects the standard 85 square meter size that characterizes most two-bedroom properties in the Mendoza market. The calculation is based on the current average price of $1,200 USD per square meter for residential properties.
Location significantly impacts the final price, with city center two-bedroom houses reaching around $130,000 USD due to their proximity to amenities, restaurants, and business districts. Conversely, suburban areas like Las Heras and Guaymallén offer more affordable options, with two-bedroom houses available from $40,000 to $75,000 USD.
Premium neighborhoods such as Chacras de Coria and Godoy Cruz see prices starting from $140,000 USD for comparable properties, reflecting their desirability among expatriates and affluent locals. The price range for two-bedroom houses generally spans from $90,000 to $130,000 USD, depending on condition, location, and included amenities.
How much does a typical three-bedroom house cost in Mendoza right now?
A typical three-bedroom house in Mendoza costs between $120,000 and $160,000 USD as of September 2025.
The price range reflects the standard size variation for three-bedroom properties, which typically measure between 100 to 130 square meters. At the current market rate of $1,200 USD per square meter, a 100-square-meter house would cost approximately $120,000 USD, while a larger 130-square-meter property would reach $156,000 USD.
Geographic location within Mendoza plays a crucial role in determining the final price. Three-bedroom houses in central areas command premium prices, often exceeding $160,000 USD, while suburban locations offer more budget-friendly options within the lower end of the price range.
Newly constructed three-bedroom houses start at approximately $150,000 USD for a 100-square-meter property, reflecting the minimum $1,500 USD per square meter pricing for new builds. Luxury properties in premium neighborhoods can easily exceed $300,000 USD, particularly those featuring gardens, swimming pools, or proximity to golf courses and wineries.
What's the average size in square meters of houses for sale in Mendoza?
Houses for sale in Mendoza typically range from 85 to 130 square meters, with most family homes falling within this standard size bracket.
Two-bedroom houses consistently measure around 85 square meters, representing the most common configuration in the Mendoza market. This size provides adequate living space for small families or couples, including a living room, kitchen, bathroom, and two bedrooms.
Three-bedroom houses generally span from 100 to 130 square meters, offering additional space for larger families or those requiring a home office. The extra square footage typically accommodates an additional bedroom, sometimes a second bathroom, and expanded common areas.
Luxury properties and custom-built homes exceed 130 square meters, often reaching 200 square meters or more, particularly in premium neighborhoods like Chacras de Coria. These larger properties frequently include features like multiple bathrooms, formal dining rooms, and outdoor entertainment areas that contribute to their expanded footprint.
Don't lose money on your property in Mendoza
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.
How much extra do you usually pay for a house with a garden compared to one without?
Houses with gardens in Mendoza typically command a premium of 10% to 25% over equivalent properties without outdoor space.
The exact premium depends on the garden size, location, and overall property desirability. In sought-after suburban areas and expat-targeted neighborhoods, gardens are highly valued and can push the premium toward the higher end of this range.
Garden-equipped homes are most commonly found in suburban areas, higher-end neighborhoods, and properties specifically marketed to international buyers who prioritize outdoor living space. The added value reflects not only the extra land but also the lifestyle benefits associated with private outdoor areas.
For a typical $102,000 USD two-bedroom house, adding a garden could increase the price by $10,200 to $25,500 USD. Premium locations with mature landscaping, fruit trees, or entertainment areas can command even higher premiums, particularly in wine country settings where outdoor living is integral to the local lifestyle.
What's the price difference between houses in the city center and those in the suburbs of Mendoza?
City center houses in Mendoza cost 20% to 40% more than comparable properties in suburban areas.
City center properties average $1,200 to $1,500 USD per square meter, with two-bedroom houses priced around $130,000 USD. The premium reflects proximity to restaurants, cultural attractions, business districts, and public transportation networks.
Suburban areas like Las Heras and Guaymallén offer significantly more affordable options, with prices ranging from $900 to $1,000 USD per square meter. This translates to two-bedroom houses available from $40,000 to $75,000 USD, depending on size and condition.
The price differential creates compelling opportunities for buyers willing to commute or those prioritizing larger living spaces over central location. Suburban properties often feature larger lots, gardens, and parking areas that are scarce or expensive in the city center, making them attractive for families and those seeking a quieter lifestyle.
What's the average cost of a newly built house versus an older one in Mendoza?
Newly built houses in Mendoza cost 20% to 30% more than older properties, with new construction starting at $1,500 USD per square meter.
The premium for new builds reflects modern construction standards, energy-efficient systems, updated electrical and plumbing infrastructure, and contemporary finishes. Buyers pay extra for the assurance of minimal maintenance requirements and compliance with current building codes.
Older homes typically trade between $1,000 to $1,200 USD per square meter unless they've undergone comprehensive renovations. Properties built in previous decades may require updates to electrical systems, plumbing, or insulation, which buyers often factor into their purchase negotiations.
For a standard 85-square-meter two-bedroom house, the difference amounts to approximately $25,500 to $42,500 USD between new and older construction. This calculation assumes new builds at $1,500 USD per square meter ($127,500 total) versus older homes at $1,200 USD per square meter ($102,000 total).
It's something we develop in our Argentina property pack.
How much are property taxes per year for an average-priced house in Mendoza?
Annual property taxes for an average-priced house in Mendoza range from $400 to $700 USD per year.
The tax calculation is based on the municipality's assessment of property value, which has increased significantly due to recent government reforms. Current valuations are 150% to 180% higher than previous years, reflecting updated assessment methodologies implemented by Argentine authorities.
For a typical $102,000 USD two-bedroom house, owners can expect annual property taxes around $500 to $600 USD. The exact amount varies depending on the specific municipality within Greater Mendoza, as each jurisdiction sets its own tax rates and assessment procedures.
Premium properties in neighborhoods like Chacras de Coria or luxury homes exceeding $300,000 USD face proportionally higher tax bills, potentially reaching $1,000 to $1,500 USD annually. These increases reflect both higher property values and the progressive nature of Argentina's property tax structure.
What are the average monthly utility costs for a typical house in Mendoza?
Monthly utility costs for a typical house in Mendoza average approximately $120 to $130 USD as of September 2025.
This estimate covers essential services including heating, electricity, water, and gas for an 85-square-meter house with two occupants. The cost calculation is based on current rates of approximately ARS $116,557 per month, converted at prevailing exchange rates.
Heating represents the largest component of utility bills, particularly during Mendoza's winter months from June to August when temperatures can drop significantly. Electricity costs vary based on consumption patterns, with air conditioning usage during summer months potentially increasing bills.
Larger houses or those with additional occupants typically see higher utility costs, potentially reaching $150 to $200 USD monthly. Energy-efficient appliances and good insulation in newer homes can help moderate these expenses, making them an important consideration for long-term cost management.
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 average cost of basic renovations per square meter in Mendoza?
Basic renovations in Mendoza cost between $500 and $1,000 USD per square meter for solid finishes and standard improvements.
The price range reflects different levels of renovation work, from simple cosmetic updates like painting and flooring replacement to more comprehensive improvements including kitchen and bathroom modernization. Basic renovations typically include flooring, paint, fixtures, and minor plumbing or electrical updates.
Full refurbishments with high-end materials and extensive structural modifications can exceed $1,000 USD per square meter. These comprehensive renovations might include custom cabinetry, premium tile work, modern appliances, and complete electrical or plumbing system overhauls.
For an 85-square-meter two-bedroom house, basic renovations would cost approximately $42,500 to $85,000 USD. This investment can significantly increase property value, particularly for older homes that require updates to compete with newer construction in the market.
How much does it cost to buy land per square meter if you want to build your own house in Mendoza?
Building-suitable land in Mendoza costs between $50 and $200 USD per square meter, with premium locations reaching up to $1,000 USD per square meter.
Raw agricultural land trades for much less, averaging $0.20 to $0.50 USD per square meter ($2,000 to $5,000 USD per hectare), but requires development for residential construction. Urban or tourism-suitable land commands the $50 to $200 USD range, reflecting infrastructure access and zoning approvals.
Premium locations such as lakefront properties, vineyard settings, or areas with exceptional mountain views can reach $1,000 USD per square meter. These prime locations attract buyers seeking unique settings for custom homes or investment properties.
For a typical residential lot of 500 to 1,000 square meters, buyers should budget $25,000 to $200,000 USD for land acquisition, depending on location and amenities. Additional costs for utilities connection, site preparation, and permits should be factored into the total construction budget.
What's the typical price range for houses in Mendoza, from the cheapest to the most expensive currently on the market?
House prices in Mendoza range from $40,000 USD for basic suburban properties to over $300,000 USD for luxury estates as of September 2025.
| Price Category | Price Range (USD) | Typical Features |
|---|---|---|
| Budget Properties | $40,000 - $75,000 | Small suburban homes, basic finishes, areas like Las Heras |
| Mid-Range Properties | $90,000 - $160,000 | Standard 2-3 bedroom homes, good condition, various neighborhoods |
| Premium Properties | $160,000 - $300,000 | Larger homes, premium neighborhoods, modern amenities |
| Luxury Properties | $300,000+ | Custom homes, exceptional locations, extensive grounds |
| Ultra-Luxury | $500,000+ | Wine estates, lakefront properties, architectural masterpieces |
The budget segment offers entry-level opportunities for first-time buyers or investors seeking rental properties. These homes typically require some renovation but provide affordable access to the Mendoza market.
Premium and luxury properties concentrate in desirable neighborhoods like Chacras de Coria and Godoy Cruz, featuring superior construction, larger lots, and proximity to golf courses, wineries, and recreational amenities. Ultra-luxury properties often include working vineyards, historic estates, or architectural significance.
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.
Mendoza's real estate market presents compelling opportunities for both investors and residents, with house prices averaging $1,200 USD per square meter and steady growth trends continuing through 2025.
The significant price differential between city center and suburban properties offers flexibility for different budgets, while the range from $40,000 to $300,000+ USD ensures options for various investment strategies and lifestyle preferences.
Sources
- The LatinVestor - Mendoza Price Forecasts
- The LatinVestor - Mendoza Property Market
- The LatinVestor - Average House Prices Argentina
- CEIC Data - New Construction Prices Mendoza
- The LatinVestor - Buying Land in Argentina
- Expatistan - Utility Costs Mendoza
- Numbeo - Cost of Living Mendoza
- Global Property Guide - Argentina Price History