Buying real estate in Mendoza?

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Will real estate prices in Mendoza go up in 2025?

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Yes, the analysis of Mendoza's property market is included in our pack

Thinking about buying a 3-bedroom apartment in the heart of Mendoza? It’s a fantastic area, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?

And what about long-term investment—should you look into other neighborhoods like Chacras de Coria or Godoy Cruz where property values might appreciate more over time?

In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Mendoza Property Pack.

Will property prices increase in Mendoza in 2025?

Yes, property prices in Mendoza are expected to rise in 2025, driven by a combination of local economic growth and increasing demand for real estate.

Backed by our fresh, in-depth market analysis, we’re confident that Mendoza remains an attractive destination for both domestic and international investors.

While there are some economic challenges like inflation and potential interest rate hikes, the main drivers behind Mendoza’s price growth are strong and persistent.

The region's appeal as a wine tourism hub and its natural beauty continue to attract buyers, ensuring that demand remains robust.

Signals pointing to a property price increase in Mendoza

Here are some factors suggesting prices could increase:

Mendoza's growing reputation as a wine tourism destination is attracting more international visitors and investors, increasing demand for properties, particularly in areas close to vineyards and tourist attractions.

The local government is investing in infrastructure improvements, such as better roads and public transport, which are expected to enhance property values by making the region more accessible and attractive to potential buyers.

Mendoza's natural beauty and outdoor lifestyle continue to draw people looking for vacation homes or retirement properties, sustaining demand in the real estate market.

The region's economy is showing signs of growth, with sectors like agriculture and tourism performing well, which could lead to increased local purchasing power and higher property prices.

There is a trend of urbanization and population growth in Mendoza, leading to increased demand for housing and upward pressure on property prices.

Mendoza's strategic location as a gateway to the Andes and its proximity to Chile make it an attractive spot for cross-border investments, further boosting demand for real estate.

The local real estate market is seeing increased interest from foreign investors, particularly from countries with strong currencies, who are looking to capitalize on favorable exchange rates and invest in Mendoza's growing market.

Signals pointing to a property price decrease in Mendoza

Here are some factors suggesting prices could fall:

Rising inflation in Argentina could erode purchasing power, making it more difficult for local buyers to afford property, potentially dampening demand.

Potential increases in interest rates could make borrowing more expensive, reducing the number of buyers able to finance property purchases and slowing down the market.

Economic instability in Argentina, including currency fluctuations and political uncertainty, could deter some investors, leading to a potential cooling in the real estate market.

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If property prices go up in Mendoza, how much would they increase by?

If real estate prices in Mendoza were to rise in 2025, the increase would likely be around 3% to 7% of their 2024 values.

Typically, real estate in emerging markets like Mendoza appreciates by approximately 3% to 7% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.

It means that, if you spot a charming 2-bedroom apartment in the city center for 15,000,000 ARS today, don't be surprised if it's priced between 15,450,000 and 16,050,000 ARS this time next year.

To give you a better understanding, here is a table that shows 7 types of Mendoza real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.

Type of Property Average Price in 2024 (ARS) Price in 2025 (3% increase) Price in 2025 (5% increase) Price in 2025 (7% increase)
Traditional House (100 sqm / 1,076 sqft) 20,000,000 ARS 20,600,000 ARS 21,000,000 ARS 21,400,000 ARS
Modern Apartment (75 sqm / 807 sqft) 12,000,000 ARS 12,360,000 ARS 12,600,000 ARS 12,840,000 ARS
Luxury Villa (200 sqm / 2,153 sqft) 50,000,000 ARS 51,500,000 ARS 52,500,000 ARS 53,500,000 ARS
Studio (30 sqm / 323 sqft) 4,500,000 ARS 4,635,000 ARS 4,725,000 ARS 4,815,000 ARS
Loft (80 sqm / 861 sqft) 16,000,000 ARS 16,480,000 ARS 16,800,000 ARS 17,120,000 ARS
Townhouse (150 sqm / 1,615 sqft) 35,000,000 ARS 36,050,000 ARS 36,750,000 ARS 37,450,000 ARS
Investment Property (50 sqm / 538 sqft) 7,500,000 ARS 7,725,000 ARS 7,875,000 ARS 8,025,000 ARS

Everything you need to know is included in our Property Pack for Mendoza

If real estate prices go up in Mendoza, which areas are likely to see the biggest increases?

Today, people who want to move to Mendoza are looking for a blend of traditional charm and modern amenities, which Chacras de Coria offers. Hence, we could see a price increase there in 2025.

Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Godoy Cruz has really taken off.

We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Mendoza market.

Neighborhood Level of Increase Why
Chacras de Coria High Recent development of luxury housing projects and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand.
Ciudad de Mendoza High Expected rise due to limited housing stock, upcoming renovations to heritage buildings, and growing demand for prime properties in central Mendoza.
Godoy Cruz Medium-High Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher.
Luján de Cuyo Medium The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments.
Maipú Medium-High Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward.
Las Heras Medium Investment in local infrastructure, such as the extension of tram lines and renovation of historic areas, is boosting long-term value.
San Rafael Medium-High With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors.
Tunuyán High Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable.
San Martín Medium-High Its proximity to Mendoza City, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space.
Rivadavia Medium Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable.
Guaymallén High As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values.
Valle de Uco High Upcoming restoration of historic vineyards and high-profile cultural projects are driving a renewed focus on this central, scenic location.

If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Mendoza?

In 2025, Mendoza real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.

  • Tech-Equipped and Energy-Efficient Apartments:

    Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025.

  • Family-Sized Homes in Suburban Areas:

    With a growing demand for larger living spaces, especially among families, suburban areas near Mendoza are seeing increased interest. Proximity to the Andes, vineyards, and schools is a major factor driving value.

  • Properties with Outdoor Spaces:

    Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In a city like Mendoza, known for its beautiful landscapes and outdoor lifestyle, these features offer a much-needed escape and are likely to drive up property values.

  • Eco-Friendly Buildings with Low Carbon Footprints:

    Mendoza's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the city’s green goals, leading to price appreciation in this category.

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