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What is the price per square meter in Buenos Aires?

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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

Property prices in Buenos Aires have shown strong momentum throughout 2025, with average residential prices reaching $2,300-$2,500 USD per square meter citywide. The market continues to recover from previous economic uncertainties, driven by increased foreign investment and USD-denominated transactions that provide stability against peso volatility.

Premium neighborhoods like Puerto Madero command prices exceeding $6,500 USD per square meter, while emerging areas offer opportunities starting around $1,500 USD per square meter. This comprehensive guide breaks down current pricing across all neighborhoods, property types, and market segments to help you make informed investment decisions.

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, Recoleta, and Puerto Madero. 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 is the current average price per square meter for residential properties in Buenos Aires?

The average price per square meter for residential properties in Buenos Aires currently ranges from $2,300 to $2,500 USD citywide as of September 2025.

This citywide average reflects a diverse market where premium neighborhoods command significantly higher prices while emerging and suburban areas offer more affordable options. The pricing is predominantly quoted in USD due to the Argentine peso's volatility, providing stability for both local and international buyers.

The Buenos Aires residential market has shown resilience throughout 2025, with prices rebounding from previous economic uncertainties. Foreign investment has increased substantially, contributing to price stabilization and growth across most neighborhoods.

Most transactions in the premium and mid-tier segments are conducted in USD, which has helped maintain price stability despite local economic fluctuations. This dollarization trend has made Buenos Aires particularly attractive to international investors seeking predictable returns.

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

How does the average price per square meter vary by neighborhood in Buenos Aires?

Price variation by neighborhood in Buenos Aires is substantial, with premium areas commanding up to four times the price of affordable neighborhoods.

Neighborhood Price per m² (USD) Market Characteristics
Puerto Madero $5,931 - $6,500 Most expensive, luxury high-rises, waterfront location
Palermo & Recoleta $3,500 - $4,300 Prime residential, cultural attractions, high demand
Belgrano $3,200 - $3,800 Established, family-friendly, excellent transport links
Caballito & Villa Crespo $2,400 - $3,300 Emerging neighborhoods, rapid gentrification
San Telmo & La Boca $2,100 - $2,800 Historic charm, tourism influence, mixed demand
Villa Lugano & Mataderos $1,500 - $1,800 Most affordable, working-class areas, longer commutes

What is the average price per square meter for new construction compared to older properties?

New construction properties in Buenos Aires command a significant premium, averaging $2,893 USD per square meter compared to $2,200 USD per square meter for older properties.

This represents approximately a 31% price difference, reflecting the value buyers place on modern amenities, energy efficiency, and contemporary design. New developments often feature superior building materials, advanced security systems, and modern layouts that appeal to today's buyers.

Older properties, particularly those built before 2000, may require renovation investments but offer unique architectural character and established neighborhood integration. Many buyers choose older properties in prime locations and invest in renovations to achieve their desired specifications.

The premium for new construction varies by neighborhood, with luxury areas like Puerto Madero showing even larger gaps between new and existing properties. Emerging neighborhoods often see smaller premiums as the overall price points remain more accessible.

What is the average price per square meter for apartments versus houses?

Apartments in Buenos Aires generally range from $2,500 to $3,600 USD per square meter in desirable areas, with luxury high-rise developments exceeding $6,500 USD per square meter.

Houses, particularly detached single-family homes, often fall within similar price ranges but availability is limited in central areas. Most residential statistics focus on apartments since they represent the majority of available inventory in the city center.

Luxury apartment buildings with amenities like pools, gyms, and concierge services command premium prices, especially in neighborhoods like Puerto Madero and Palermo. These buildings often feature floor-to-ceiling windows, modern layouts, and superior finishes.

Houses become more common and relatively more affordable in suburban areas, where prices typically range from $1,500 to $2,500 USD per square meter depending on the specific location and property condition.

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How has the average price per square meter changed over the past 12 months?

Buenos Aires property prices have increased by 5-9% in USD terms over the past 12 months, showing strong recovery momentum throughout 2025.

The nominal growth in Argentine pesos reached 8.5% annually, but the more relevant USD pricing shows sustained appreciation driven by increased foreign investment and market confidence. Premium neighborhoods have experienced the highest growth rates, with some areas seeing increases approaching 12%.

This growth represents a significant recovery from previous market downturns, reflecting improved economic stability and increased international investor interest. The trend has been particularly strong in emerging neighborhoods experiencing gentrification.

While inflation-adjusted returns in pesos have declined, USD-denominated investments have provided solid real returns for both local and international investors. The market's dollarization has created a more stable investment environment.

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

What is the average price per square meter in USD and in Argentine pesos?

Property prices in Buenos Aires are predominantly quoted in USD, with the typical range of $2,300-$2,500 USD per square meter equivalent to approximately 2,750,000-2,985,000 Argentine pesos per square meter.

The peso equivalent fluctuates daily based on the USD/ARS exchange rate, which was approximately 1,200 pesos per dollar as of September 2025. Most serious transactions, particularly in the premium and mid-tier segments, are conducted in USD to avoid currency volatility.

This dollarization trend has become standard practice in Buenos Aires real estate, providing stability for both buyers and sellers. Even local buyers often prefer USD-denominated transactions to protect their investments from peso devaluation.

The dual-currency nature of the market means that peso prices can appear to fluctuate dramatically, but USD prices remain relatively stable, making them the more reliable indicator for investment decisions.

What is the lowest and highest price per square meter currently available on the market?

The Buenos Aires residential market spans from $1,500 USD per square meter in affordable neighborhoods like Villa Lugano and Mataderos to $6,500 USD per square meter in luxury developments in Puerto Madero.

The lowest prices are typically found in outer districts that require longer commutes to the city center but offer larger living spaces and family-oriented communities. These areas are experiencing gradual improvement in infrastructure and services.

The highest prices are concentrated in Puerto Madero's luxury high-rise developments, featuring premium amenities, waterfront views, and modern architecture. These properties often include concierge services, fitness centers, and rooftop pools.

Mid-range options between $2,500-$3,500 USD per square meter are available in established neighborhoods like Belgrano and emerging areas like Villa Crespo, offering good value for both investment and residence.

What is the price per square meter for properties in the city center compared to the suburbs?

City center properties in Buenos Aires command prices ranging from $2,700 to $4,500 USD per square meter, while suburban areas typically range from $1,500 to $2,200 USD per square meter.

The city center encompasses prime neighborhoods like Palermo, Recoleta, and Puerto Madero, where proximity to business districts, cultural attractions, and public transportation justifies the premium pricing. These areas offer walkable lifestyles and extensive amenities.

Suburban areas provide more space for families, quieter environments, and often better parking availability, but require longer commute times to reach the city center. Many suburban neighborhoods are experiencing infrastructure improvements that gradually increase property values.

The price differential reflects the trade-off between location convenience and living space, with many buyers choosing suburban properties for their first purchase and later upgrading to central locations.

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.

What is the average price per square meter for properties with similar size and amenities to the one I'm interested in?

Mid-tier apartments of approximately 60 square meters with standard amenities typically range from $2,268 to $2,800 USD per square meter in Buenos Aires.

Properties with premium amenities such as swimming pools, fitness centers, and 24-hour security command prices 10-25% above the base market rate. These amenities are particularly valued in luxury buildings and justify higher prices through enhanced lifestyle and convenience.

Size significantly impacts pricing, with larger apartments often achieving slightly lower per-square-meter prices due to economies of scale, while smaller units may command premiums due to higher demand from young professionals and investors.

Location within buildings also affects pricing, with higher floors, corner units, and better views commanding premiums of 5-15% above standard units in the same building.

What is the average price per square meter for properties sold in the past six months?

Properties sold in Buenos Aires during the past six months have averaged $2,300 to $2,460 USD per square meter, closely tracking current market pricing.

Recent sales data shows consistent pricing trends across the market, with premium areas maintaining prices above $4,000 per square meter while affordable neighborhoods remain stable around $1,500-$2,000 per square meter.

The consistency between recent sales and current listings indicates a balanced market with realistic pricing expectations from both buyers and sellers. Transaction volumes have increased steadily throughout 2025.

Sales velocity has improved significantly compared to previous years, with properties in desirable neighborhoods typically selling within 60-90 days of listing at or near asking prices.

What is the average rental yield per square meter in Buenos Aires?

The average gross rental yield in Buenos Aires is 6.0% annually as of the second quarter of 2025, with yields ranging from 5% to 8% depending on neighborhood and property type.

Higher yields are typically found in emerging neighborhoods and outer areas where property prices remain more affordable relative to rental income potential. These areas often attract young professionals and students seeking affordable accommodation.

Premium neighborhoods like Puerto Madero and Palermo tend to show lower yields around 5-6% due to higher purchase prices, but offer greater capital appreciation potential and more stable tenant demand.

Rental yields in Buenos Aires compare favorably to many international markets, making the city attractive for income-focused investors. The strong rental market is supported by a growing population of young professionals and international residents.

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

What is the projected trend for the price per square meter over the next year?

Property prices in Buenos Aires are forecast to appreciate by 5-8% citywide through 2026, with premium neighborhoods expected to see gains of 8-12% annually.

Emerging areas like Villa Crespo and Caballito are projected to experience the strongest growth at 10-15% annually, driven by ongoing gentrification, infrastructure improvements, and increasing recognition among buyers and investors.

The positive outlook reflects continued economic stabilization, growing foreign investment interest, and increasing mortgage availability that has expanded the buyer pool. Market sentiment remains optimistic across most segments.

Premium areas are expected to benefit from continued international buyer interest, while emerging neighborhoods will see appreciation driven by local demand and urban development projects. The overall market trajectory supports both investment and residential purchase decisions.

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. The LatinVestor - Buenos Aires Real Estate Market
  2. The LatinVestor - Buenos Aires Property
  3. The LatinVestor - Average House Price Argentina
  4. The LatinVestor - Buenos Aires Average Apartment Prices
  5. The LatinVestor - Argentina Price Forecasts
  6. Statista - Apartment Prices Buenos Aires
  7. World Bank - Argentina Housing Market
  8. Global Property Guide - Argentina Rental Yields