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Argentina: House Prices, Rents, and Rental Yields

Last Updated: Oct 14, 2008

Yields are very high in Buenos Aires

Last Updated: Oct. 14, 2008
BUENOS AIRES - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
50 sq. m. 116,100 946 9.77% 2,322 18.91
80 sq. m. 163,440 1,463 10.74% 2,043 18.29
120 sq. m. 275,160 2,030 8.85% 2,293 16.92
225 sq. m. 461,250 3,683 9.58% 2,050 16.37
GRAN BUENOS AIRES - Houses
125 sq. m. 150,500 n.a. n.a. 1,204 n.a.
175 sq. m. 201,075 1,321 7.89% 1,149 7.55
225 sq. m. 260,100 1,904 8.78% 1,156 8.46
300 sq. m. 337,200 2,985 10.62% 1,124 9.95
425 sq. m. 470,050 3,447 8.80% 1,106 8.11
750 sq. m. n.a. 7,148 n.a. n.a. 9.53
Districts researched
Buenos Aires: Recoleta, Palermo, Puerto Madero, Retiro, Las Cañitas
Gran Buenos Aires: Olivos, Martinez, San Isidro, Vicente Lopez, Tigre
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Landlords and investors in Buenos Aires can expect to earn spectacular gross rental yields on their apartments at around 9.73%, with 120 square metre apartments earning the highest yields, at 10.74%. Buying prices per square metre for Buenos Aires apartments range from around US$ 2,043 to US$2,400. Please remember that our figures are for used, not new apartments. Prices would be expected to be higher for new apartments, and yields lower.

For houses, gross rental yields in the Gran Buenos Aires area are also excellent, averaging 9.02%

These yields suggest an excellent opportunity for investors. But foreign investors should be note that Argentina’s macro-economics have been seriously deteriorating in recent years, and the potential for economic instability is high due to the country’s large budget deficits and high rate of inflation.

 

Your Comments

posted by Giorgio | 2007-03-29

Italy

No way. To rent a 50 sqm appartment in Buenos Aires Down Town... you pay 800 Pesos per month (270 US$). Please, visit the town before pricing them!

posted by Ricardo | 2007-05-03

economist, Buenos Aires

Well, actually i pay 1000 AR$ (300 US$) per month, on Libertador Av (next to down town)

posted by Peter Whippy | 2007-07-04

Writer, Brussels

Whilst recognising the difficulty of constantly updating information, more widespread use of dates on articles/info on your very useful website would benefit everyone. Situations can change -even in a year. I visited Buenos Aires in March 2007 to check property investment possibilities and learned first-hand of the stark contrast between the talked up prices and value games of prime property aimed almost entirely at foreign investors and the reality of real estate values for the majority of the Argentinian population.

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