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Oct 19, 2009
Rents down in Argentina
Last Updated: Oct. 19, 2009
BUENOS AIRES - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
40 sq. m. 87,000 463 6.39% 2,175 11.58
80 sq. m. 161,440 1,027 7.64% 2,018 12.84
120 sq. m. 239,280 1,331 6.67% 1,994 11.09
200 sq. m. 418,000 2,566 7.37% 2,090 12.83
GRAN BUENOS AIRES - Houses
75 sq. m. 108,375 n.a. n.a. 1,445 n.a.
125 sq. m. 150,125 813 6.49% 1,201 6.50
175 sq. m. 186,900 1,190 7.64% 1,068 6.80
225sq. m. 258,075 1,883 8.76% 1,147 8.37
300 sq. m. 348,000 2,628 9.06% 1,160 8.76
400 sq. m. 470,800 3,444 8.78% 1,177 8.61
675 sq. m. 795,150 5,461 8.24% 1,178 8.09
Districts researched
Buenos Aires: Recoleta, Palermo, Puerto Madero, Retiro, Las Caņitas
Gran Buenos Aires: Olivos, Martinez, San Isidro, Vicente Lopez, Tigre
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Gross rental yields on apartments in Buenos Aires are moderate, especially by the standards of the continent (yields in Latin America tend to be high).  Yields on houses are slightly higher, which is also unusual.  In both cases, yields have dropped over the last year, largely because rents have suffered a significant decline.






Comments

#1 GIORGIO | March 29, 2007

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!

#2 RICARDO | May 03, 2007

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

#3 PETER WHIPPY | July 04, 2007

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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