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Argentina's residential property market has experienced significant growth in 2025, with average prices in Buenos Aires reaching $2,460-$2,500 per square meter as of September 2025.
The Argentine real estate market has shown remarkable recovery after years of economic instability, with transaction volumes up 20.1% in dollar terms and mortgage activity surging by over 1,000%. Understanding current pricing across different regions and property types is crucial for both investors and potential residents looking to enter this recovering market.
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.
As of September 2025, residential property prices in Argentina average $2,460-$2,500 per square meter in Buenos Aires, with significant variations across cities and neighborhoods.
The market has experienced a 38.9% year-on-year increase in USD terms, driven by economic stabilization and increased foreign investment confidence.
| Location | Average Price per m² | Market Characteristics |
|---|---|---|
| Buenos Aires (Average) | $2,460-$2,500 | National benchmark, strong recovery |
| Buenos Aires (Premium) | $5,931-$6,500 | Puerto Madero, luxury developments |
| Córdoba | $1,000-$2,290 | Provincial capital, growing demand |
| Mendoza | $1,200 | Wine region, tourism influence |
| Rural/Provincial | $32-$200 | Agricultural land, infrastructure dependent |
| Budget Buenos Aires | $1,500-$1,800 | Emerging neighborhoods, Villa Lugano |
| South America Average | $1,730-$3,441 | Argentina competitive in region |
What's the current average price per square meter for residential property in Argentina?
The current average price per square meter for residential property in Argentina is $2,460-$2,500, using Buenos Aires as the national benchmark as of September 2025.
This pricing represents a significant recovery in the Argentine real estate market after years of economic instability. The median sale price for a standard 60-square-meter apartment in Buenos Aires sits around $355,000, which translates directly to this per-square-meter pricing.
However, these prices vary dramatically depending on the specific neighborhood and property type within Buenos Aires. Premium areas like Puerto Madero command much higher prices, reaching $5,931-$6,500 per square meter for luxury developments and newly built properties. On the other end of the spectrum, budget neighborhoods like Villa Lugano offer properties at $1,500-$1,800 per square meter.
The Buenos Aires market serves as Argentina's primary reference point because it represents approximately 40% of the country's population and the vast majority of high-value real estate transactions. Most investors and buyers use Buenos Aires pricing as their baseline when evaluating Argentine real estate opportunities.
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How does the average price per square meter vary between major cities like Buenos Aires, Córdoba, and Mendoza?
Property prices per square meter show substantial variation between Argentina's major cities, with Buenos Aires commanding the highest prices followed by significant discounts in provincial capitals.
| City | Average Price per m² | Price Range | Market Notes |
|---|---|---|---|
| Buenos Aires | $2,460-$3,217 | $1,500-$6,500 | National benchmark, varies by neighborhood |
| Córdoba | $1,000-$2,290 | $800-$2,500 | Province-wide apartment prices |
| Mendoza | $1,200 | $900-$1,800 | Typically half Buenos Aires rates |
| Buenos Aires Premium | $5,931-$6,500 | $4,500-$7,000 | Puerto Madero, Palermo Soho |
| Buenos Aires Budget | $1,500-$1,800 | $1,200-$2,200 | Villa Lugano, emerging areas |
What's the current average price per square meter for rural or non-urban properties in Argentina?
Rural and non-urban properties in Argentina are priced significantly lower than urban residential properties, with provincial urban land averaging $32 per square meter in Buenos Aires province non-prime areas.
Agricultural and rural plots typically range from $50-$200 per square meter, though actual transaction prices vary enormously based on location, infrastructure access, water rights, and agricultural suitability. Properties with established irrigation systems, road access, and proximity to major cities command higher prices within this range.
Remote rural land without infrastructure or agricultural potential can sell for as little as $10-$50 per square meter, particularly in provinces like Chubut, Santa Cruz, or remote areas of Buenos Aires province. These properties often require significant investment in infrastructure development before becoming viable for residential or commercial use.
The vast price difference between urban and rural properties reflects Argentina's highly concentrated population distribution, with most economic activity centered in Buenos Aires and a few provincial capitals, leaving rural areas with limited demand and infrastructure.
How has the average price per square meter changed over the past 12 months?
Argentine property prices have experienced remarkable growth over the past 12 months, with Buenos Aires showing a 38.9% increase year-on-year in USD terms for median sale prices as of September 2025.
This growth has been accompanied by a 20.1% increase in transaction volumes measured in dollar terms and an extraordinary 1,042% surge in mortgage activity. The increases reflect both genuine market recovery and the stabilization of the peso against the US dollar, which has allowed for more reliable pricing in international currency terms.
Quality neighborhoods in Buenos Aires have shown annual growth rates of 7-12%, while premium areas have experienced even stronger appreciation. However, it's crucial to understand that despite these nominal increases, real inflation-adjusted property values remain 40-70% below their 2019 levels due to previous peso devaluations.
Provincial cities like Córdoba and Mendoza have shown more modest but consistent growth of 3-8% annually, reflecting their more stable local economies and lower exposure to currency volatility that has historically affected Buenos Aires pricing.
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What's the projected price trend per square meter for the next year?
The projected price trend for Argentine residential property shows continued moderate growth, with Buenos Aires expected to appreciate 5-8% annually in USD terms through 2026.
Premium neighborhoods in Buenos Aires are forecast to outperform with 8-12% annual appreciation, driven by continued foreign investment and limited supply of high-quality properties. Mendoza's prime areas are projected to grow at 2-5% annually, reflecting its smaller market size and tourism-dependent economy.
Medium-term outlook through 2027 suggests 7-10% annual USD growth if political and economic stability continues. This projection assumes the current government's economic policies remain in place and inflation continues its gradual decline from 2024's peak levels.
Areas with weaker demand, outdated infrastructure, or dependence on specific industries may experience stagnation or slight declines. Rural properties are expected to maintain current pricing levels with minimal appreciation due to limited demand and infrastructure constraints.
The key risk factor for these projections remains political stability and continued peso stabilization, as any return to high inflation or currency devaluation could significantly impact these growth forecasts.
What's the highest price per square meter currently recorded in Argentina, and in which location?
The highest price per square meter currently recorded in Argentina is $5,931-$6,500, found in Puerto Madero, Buenos Aires' premium waterfront district.
Puerto Madero represents Argentina's most expensive real estate market, featuring luxury high-rise developments, modern amenities, and waterfront locations. These properties typically include premium finishes, building amenities like gyms and pools, 24-hour security, and prime views of the Rio de la Plata.
Specific developments in Puerto Madero, particularly newly completed towers with international-standard construction and design, have recorded individual sales exceeding $7,000 per square meter for penthouse units with exceptional views and amenities.
Other high-priced areas include select parts of Palermo Soho and Recoleta, where restored historic buildings and boutique developments can reach $4,000-$5,500 per square meter, though these remain below Puerto Madero's peak pricing.
What's the lowest price per square meter currently recorded in Argentina, and in which location?
The lowest prices per square meter for residential property in Argentina are found in budget neighborhoods of Buenos Aires like Villa Lugano, where properties sell for $1,500-$1,800 per square meter.
In provincial urban areas and rural regions, prices can drop significantly lower, with some undeveloped rural parcels selling for under $200 per square meter. Remote agricultural land in provinces like Chubut or Santa Cruz can be acquired for as little as $10-$50 per square meter, though these properties typically lack basic infrastructure.
Within Buenos Aires proper, the most affordable residential options are found in peripheral neighborhoods with limited transportation connections, fewer amenities, and higher crime rates. These areas often require significant investment in property improvements and may have limited resale potential.
Small provincial towns outside major urban centers offer residential properties in the $300-$800 per square meter range, but these markets have very limited liquidity and may take years to sell if buyers need to exit their investment.
How do prices per square meter differ between apartments and houses?
Apartments in Argentina command significantly higher prices per square meter than houses, with Buenos Aires apartments averaging ARS 2,758,014 per square meter compared to houses at ARS 1,320,321 per square meter.
This price differential reflects several market factors: apartments are typically located in more central, high-demand urban areas with better transportation access and amenities. Houses, conversely, are often found in suburban or peripheral areas where land costs are lower and population density is reduced.
Apartments also offer better security through building management, doormen, and controlled access, which increases their appeal to both local and foreign buyers. The maintenance and upkeep of apartments is typically managed by building administration, reducing individual owner responsibilities.
Houses generally provide more space per dollar spent but require individual maintenance, security arrangements, and may be located farther from business districts and cultural amenities. The per-square-meter price difference can be as much as 50-100% between comparable apartments and houses in the same general area.
It's something we develop in our Argentina property pack.
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 rental price per square meter in Argentina right now?
The average rental price per square meter in Argentina currently ranges from $6-$12 USD per month in central Buenos Aires, which translates to approximately €5.21-€11.12 per month per square meter.
A typical 60-square-meter apartment in Buenos Aires would rent for $360-$720 per month, depending on the neighborhood, building quality, and specific amenities. Premium areas like Puerto Madero or Palermo can command rental rates at the higher end of this range or even exceed it.
Provincial cities show significantly lower rental rates, with Córdoba averaging $3-$6 per square meter monthly and Mendoza around $4-$7 per square meter monthly. These lower rates reflect reduced demand and lower local income levels compared to Buenos Aires.
Rental yields in Buenos Aires typically range from 3-6% annually, which is competitive within the South American context but requires careful property selection and management to achieve optimal returns.
What's the average construction cost per square meter in Argentina at the moment?
The average construction cost per square meter in Argentina is approximately $2,846 per square meter for new builds in Buenos Aires as of September 2025.
These construction costs vary significantly based on finish quality, with basic construction ranging from $2,200-$2,500 per square meter, mid-range finishes at $2,500-$3,200 per square meter, and luxury developments reaching $3,500-$4,500 per square meter.
Provincial construction costs are typically 15-30% lower than Buenos Aires, with cities like Córdoba and Mendoza averaging $2,000-$2,400 per square meter for comparable quality construction. Rural construction costs can be lower due to reduced labor and material transportation costs.
These construction costs include labor, materials, permits, and basic finishes but exclude land acquisition, architectural fees, marketing costs, and developer profit margins. The total development cost per square meter typically runs 40-60% higher than pure construction costs when these additional factors are included.
How does the price per square meter in Argentina compare to other countries in South America?
Argentina's property prices per square meter position the country as moderately priced within South America, offering competitive value especially after recent currency adjustments.
| Country | Major City | Average Price per m² (2025) | Market Position |
|---|---|---|---|
| Chile | Santiago | $3,441 | Most expensive in region |
| Brazil | Rio de Janeiro | $2,700 | High-end market, limited supply |
| Uruguay | Montevideo | $2,700 | Stable, foreign buyer friendly |
| Argentina | Buenos Aires | $2,028-$2,500 | Recovering market, good value |
| Colombia | Bogotá | $1,730 | Growing market, lower costs |
| Paraguay | Asunción | $1,250-$1,500 | Emerging market, budget option |
What are the main economic or political factors currently influencing price per square meter in Argentina?
Several critical economic and political factors are driving current property price trends in Argentina, with currency stabilization being the most significant influence on pricing dynamics.
Currency devaluation remains the dominant factor, as the peso has lost approximately 96% of its value against the USD since 2019. This has led to nearly all real estate being priced in US dollars for stability, creating opportunities for foreign buyers but challenges for local purchasers with peso-denominated income.
Political reforms and foreign investment policies implemented by the current government in 2024-2025 have dramatically increased transaction volumes and investor confidence. New regulations have made property ownership more accessible to foreigners and simplified the purchase process, contributing to the 20.1% increase in transaction volumes.
Inflation, while still elevated at over 100% annually in 2024, has shown signs of moderation in 2025. This gradual stabilization has improved purchasing power for both local and international buyers, though inflation remains a key risk factor for medium-term price stability.
Interest rates and credit access have improved significantly, with expanding mortgage product availability after years of scarcity. This has boosted purchases particularly among younger and first-time buyers, with mortgage activity increasing by over 1,000% year-on-year.
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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.
Argentina's residential property market in September 2025 presents a compelling opportunity for both investors and residents, with Buenos Aires leading at $2,460-$2,500 per square meter.
The market's 38.9% year-on-year growth in USD terms, combined with improved political stability and expanding credit access, suggests continued moderate appreciation of 5-8% annually through 2026.