The average price of a new three-bedroom apartment in Buenos Aires, Argentina, was ******* U.S. dollars per square meter in the third quarter of 2024. The price for large new apartments peaked in 2017, when it reached almost ***** U.S. dollars per square meter. According to the source, the two- and three-bedroom apartments cover almost ********** of the market.
The average sales price of apartments in Buenos Aires varied depending on the area, and reached as high as ***** U.S. dollars per square meter for newly built apartments in Puerto Madero in July 2024. The second and the most expensive neighborhood was Palermo, with an average price of about ***** U.S. dollars per square meter for newly built apartments and ***** U.S. dollars for existing apartments. Overall, apartment prices in Buenos Aires have declined since their peak (2018 to 2019).
The average sales price of apartments in Buenos Aires has decreased since 2018, when it peaked at ***** U.S. dollars per square meter for a newly built apartment. In December 2023, the average price was approximately *** U.S. dollars lower, at about ***** U.S. dollars. Nevertheless, some areas in Buenos Aires had apartment prices exceeding ***** U.S. dollars per square meter.
The average price for an apartment in Buenos Aires, Argentina, varied depending on the apartment size. For a *********** apartment with an average size of ** square meter, home buyers paid on average about ****** U.S. dollars in October 2022.
The average square meter price for an apartment in Buenos Aires, Argentina, varied depending on the apartment size. For a one-bedroom apartment with an average size of ** square meter, home buyers paid on average ***** U.S. dollars per square meter.
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Argentina Consumer Price Index (CPI): GBA: Housing: Rent data was reported at 142.570 Apr2008=100 in Dec 2013. This records an increase from the previous number of 142.240 Apr2008=100 for Nov 2013. Argentina Consumer Price Index (CPI): GBA: Housing: Rent data is updated monthly, averaging 121.540 Apr2008=100 from Apr 2008 (Median) to Dec 2013, with 69 observations. The data reached an all-time high of 142.570 Apr2008=100 in Dec 2013 and a record low of 100.000 Apr2008=100 in Apr 2008. Argentina Consumer Price Index (CPI): GBA: Housing: Rent data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I015: Consumer Price Index: Greater Buenos Aires: Apr2008=100.
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CPI: GBA: Housing & Basic Services: Rent data was reported at 133.477 Apr2016=100 in May 2017. This records an increase from the previous number of 130.576 Apr2016=100 for Apr 2017. CPI: GBA: Housing & Basic Services: Rent data is updated monthly, averaging 116.362 Apr2016=100 from Apr 2016 (Median) to May 2017, with 14 observations. The data reached an all-time high of 133.477 Apr2016=100 in May 2017 and a record low of 100.000 Apr2016=100 in Apr 2016. CPI: GBA: Housing & Basic Services: Rent data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I012: Consumer Price Index: Greater Buenos Aires: Apr2016=100. The scope of Consumer Price Index is limited to the City of Buenos Aires and the parties that make up the Greater Buenos Aires only.
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The Latin American condominiums and apartments market, valued at approximately $XX million in 2025, is experiencing robust growth, with a compound annual growth rate (CAGR) exceeding 5%. This expansion is fueled by several key drivers. Rapid urbanization across major Latin American cities like São Paulo, Mexico City, and Buenos Aires is creating significant demand for modern housing. Rising middle-class incomes and a growing preference for apartment living, particularly among younger generations, are further bolstering market growth. Additionally, government initiatives promoting affordable housing and infrastructure development are contributing to a positive market outlook. However, economic volatility in certain regions and fluctuations in construction material costs pose potential challenges. Market segmentation reveals strong activity in both production and consumption, with notable import and export activity reflecting regional trade dynamics. Price trends suggest a moderate increase in line with inflation and construction costs. Leading developers like Desarrollos Inmobiliarios Sadasi, MRV Engenharia, and others are actively shaping the market landscape through diverse projects catering to varied income segments. The forecast period (2025-2033) anticipates continued growth, driven by sustained urbanization and economic progress in select markets. While challenges such as regulatory hurdles and financing constraints persist, the overall market outlook remains optimistic. Strong performance is expected in Brazil, Mexico, and Colombia, which represent significant shares of the overall market. However, other countries in the region, such as Peru and Chile, are also exhibiting notable growth potential. Market analysis suggests opportunities for developers to focus on sustainable and technologically advanced housing solutions to meet the evolving preferences of consumers. A deeper understanding of local market dynamics and regulatory frameworks is crucial for navigating the opportunities and challenges within this rapidly evolving market. Recent developments include: December 2022: Casai, a tech-driven apartment rental company, is merging with Nomah, a rental company based in Brazil. The merger will create the largest short-term rental company in Latin America, with over 3,000 units in Brazil and Mexico., December 2022: Northmarq arranged the sale of two Albuquerque apartment communities. The assets were sold by ABQ Encore LLC and Uptown Horizon Apartments LLC to Crescent Sky Real Estate Partners' CS ABQ Encore and CA ABQ Uptown. ABQ Encore, located at 810 Eubank Blvd. NE has 129 residences divided into 331-square-foot studio units and 551-square-foot one-bedroom units.. Key drivers for this market are: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Potential restraints include: The presence of counterfeit or substandard roofing materials in the market poses a significant challenge, The roofing industry faces a shortage of skilled labor. Notable trends are: Increasing Sales of Apartments Driving the Market.
As of December 2023, the monthly rent for a one-bedroom apartment in the city center of Buenos Aires, Argentina, amounted to approximately *** U.S. dollars, whereas a three-bedroom apartment averaged approximately *** U.S. dollars.
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Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Rental: Home Rent data was reported at 6,790.911 Dec2016=100 in Mar 2025. This records an increase from the previous number of 6,446.547 Dec2016=100 for Feb 2025. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Rental: Home Rent data is updated monthly, averaging 290.333 Dec2016=100 from Dec 2016 (Median) to Mar 2025, with 100 observations. The data reached an all-time high of 6,790.911 Dec2016=100 in Mar 2025 and a record low of 100.000 Dec2016=100 in Dec 2016. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Rental: Home Rent data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I009: Consumer Price Index: Greater Buenos Aires: Dec2016=100.
Palermo was the most expensive neighborhood for apartment rental in Buenos Aires, Argentina as of July 2024, with the average monthly rent exceeding ******* Argentine pesos. On the other end of the scale were Mataderos, Floresta, and Lugano, where rent was under ******* Argentine pesos.
Buenos Aires, Argentina, was the least affordable city in South America in the first half of 2022 to buy an apartment. The ratio measures the number of years needed for a two-earner household where one person works full time and one person works half-time to buy a 90-square meter apartment. It assumes the property has the average square meter price for the city and that home buyers earn the average net salary. Montevideo, Uruguay, was one of the most affordable cities, where it took about nine years to buy an apartment.
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Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels data was reported at 7,841.649 Dec2016=100 in Mar 2025. This records an increase from the previous number of 7,610.225 Dec2016=100 for Feb 2025. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels data is updated monthly, averaging 332.349 Dec2016=100 from Apr 2016 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 7,841.649 Dec2016=100 in Mar 2025 and a record low of 86.379 Dec2016=100 in Apr 2016. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I009: Consumer Price Index: Greater Buenos Aires: Dec2016=100.
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Argentina Consumer Price Index (CPI): GBA: Housing data was reported at 162.520 1999=100 in 2007. This records an increase from the previous number of 148.530 1999=100 for 2006. Argentina Consumer Price Index (CPI): GBA: Housing data is updated yearly, averaging 102.846 1999=100 from Dec 1996 (Median) to 2007, with 12 observations. The data reached an all-time high of 162.520 1999=100 in 2007 and a record low of 98.543 1999=100 in 1998. Argentina Consumer Price Index (CPI): GBA: Housing data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I019: Consumer Price Index: Greater Buenos Aires: 1999=100: Annual.
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Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Maintenance & Repair data was reported at 8,567.126 Dec2016=100 in Mar 2025. This records an increase from the previous number of 8,406.776 Dec2016=100 for Feb 2025. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Maintenance & Repair data is updated monthly, averaging 383.413 Dec2016=100 from Apr 2016 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 8,567.126 Dec2016=100 in Mar 2025 and a record low of 92.297 Dec2016=100 in Apr 2016. Argentina Consumer Price Index (CPI): GBA: Housing, Water, Electricity & Other Fuels: Housing Maintenance & Repair data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I009: Consumer Price Index: Greater Buenos Aires: Dec2016=100.
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Argentina Govt Expenditure: Provinces & Buenos Aires City: Social: Housing & Urban Planning data was reported at 704,571.300 ARS mn in 2023. This records an increase from the previous number of 269,988.377 ARS mn for 2022. Argentina Govt Expenditure: Provinces & Buenos Aires City: Social: Housing & Urban Planning data is updated yearly, averaging 1,302.399 ARS mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 704,571.300 ARS mn in 2023 and a record low of 0.000 ARS mn in 1980. Argentina Govt Expenditure: Provinces & Buenos Aires City: Social: Housing & Urban Planning data remains active status in CEIC and is reported by Ministry of Treasury. The data is categorized under Global Database’s Argentina – Table AR.F020: Government Expenditure: Gran Buenos Aires and Provincial: Current Price.
Montevideo, Uruguay's capital, leads Latin American cities with the highest apartment sale prices in 2024, averaging ***** U.S. dollars per square meter. This figure surpasses other major metropolitan areas like Mexico City and Buenos Aires, highlighting significant disparities in real estate markets across the region. The data underscores the varying economic conditions and housing demand in different Latin American urban centers. Regional housing market trends While Montevideo tops the list for apartment prices, other countries in Latin America have experienced notable changes in their housing markets. Chile, for instance, saw the most substantial increase in house prices since 2010, with its nominal house price index surpassing *** points in early 2024. However, when adjusted for inflation, Mexico showed the highest inflation-adjusted percentage increase in house prices, growing by nearly five percent in the first quarter of 2024, contrasting with a global decline of one percent. Home financing in Mexico The methods of home financing vary across Latin America. A breakdown of homeownership by financing method in Mexico reveals that about two-thirds of owner-occupied housing units were financed through personal resources in 2022. Nevertheless, government-backed loans such as Infonavit (Mexico’s National Housing Fund Institute), Fovissste (Housing Fund of the Institute for Social Security and Services for State Workers), and Fonhapo (National Fund for Popular Housing), play an important role for homebuyers, with just over ** percent of home purchases relying on such finance. Bank credit, which offers mortgage loans with interest rates ranging between **** and ** percent, appeared as a less popular option.
In the second quarter of 2023, Catalinas reported the highest average monthly rent for offices among all the areas in Buenos Aires, Argentina. The average monthly rent in Catalinas ranged between ** and ** U.S. dollars per square meter. Conversely, Macrocentro Sur provided the most affordable offices with the lowest monthly rent among all areas, with commercial spaces starting at ** U.S. dollars per square meter.
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Argentina Consumer Price Index (CPI): GBA: Housing: Basic Services data was reported at 112.472 Apr2008=100 in 2013. This records an increase from the previous number of 100.853 Apr2008=100 for 2012. Argentina Consumer Price Index (CPI): GBA: Housing: Basic Services data is updated yearly, averaging 97.737 Apr2008=100 from Dec 2008 (Median) to 2013, with 6 observations. The data reached an all-time high of 112.472 Apr2008=100 in 2013 and a record low of 95.180 Apr2008=100 in 2009. Argentina Consumer Price Index (CPI): GBA: Housing: Basic Services data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I016: Consumer Price Index: Greater Buenos Aires: Apr2008=100: Annual.
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Argentina Consumer Price Index (CPI): GBA: Housing & Basic Services: Basic Services data was reported at 153.047 Apr2016=100 in May 2017. This records an increase from the previous number of 149.363 Apr2016=100 for Apr 2017. Argentina Consumer Price Index (CPI): GBA: Housing & Basic Services: Basic Services data is updated monthly, averaging 110.260 Apr2016=100 from Apr 2016 (Median) to May 2017, with 14 observations. The data reached an all-time high of 153.047 Apr2016=100 in May 2017 and a record low of 85.124 Apr2016=100 in Sep 2016. Argentina Consumer Price Index (CPI): GBA: Housing & Basic Services: Basic Services data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I012: Consumer Price Index: Greater Buenos Aires: Apr2016=100. The scope of Consumer Price Index is limited to the City of Buenos Aires and the parties that make up the Greater Buenos Aires only.
The average price of a new three-bedroom apartment in Buenos Aires, Argentina, was ******* U.S. dollars per square meter in the third quarter of 2024. The price for large new apartments peaked in 2017, when it reached almost ***** U.S. dollars per square meter. According to the source, the two- and three-bedroom apartments cover almost ********** of the market.