BuySellBA
Administrator
What are the most sought-after apartments to buy in Buenos Aires and how much do they cost? - Infobae
Source:
www.infobae.com
March 19, 2025
The Buenos Aires real estate market shows strong demand for a particular type of home. How mortgage lending impacts this. Values, neighborhood by neighborhood
By Jose Luis Cieri
A young man walks through a two-bedfroom apartment with the intention of buying it (Illustrative Image Infobae)
The real estate market in Buenos Aires has seen significant growth in interest in three-bedroom apartments.
This type of home has been the most sought-after for over a year, displacing two-bedroom units, with a 10% year-over-year increase in sales values.
The reactivation of mortgage loans and the search for more living space explain this trend.
Given these indicators, "we're seeing that people are interested in gaining square footage, especially in areas where offices, shopping centers, and educational institutions are located. This explains the growing interest in living in more central areas with easy access to other parts of the AMBA region," Molina added.
Seventy-five percent of searches in the Buenos Aires real estate market are for apartment purchases, and within this segment, Palermo, Belgrano, and Recoleta lead the ranking of the most sought-after neighborhoods for three-bedroom units.
Soledad Balayan , a market analyst with Maure Inmobiliaria, agreed that “the demand for larger units responds to the need for additional spaces for teleworking or family growth, something that has become key in the search for properties in recent years.”
He added that "the reactivation of mortgage lending has boosted the purchase of these apartments, as those seeking financing are looking for units that offer greater long-term comfort."
Traditionally, it has always been the most sought-after, given that it fits the typical family configuration: a couple with one or more children or a newly married couple.
Balayan added: "Furthermore, in recent years, there has also been a growing interest from people who, having lived in larger apartments and with children already out of the home, are looking to downsize and move to a location more suitable for their next stage of life. This trend has revived interest in three-bedroom properties."
Molina added: "Over the last twelve months, the supply of apartments for sale has remained relatively stable. Currently, there is 1% more supply than a year ago."
Two-bedroom apartments increased their value by 10% year-over-year (Illustrative Image Infobae)
However, larger units (up to 5 rooms or more) have lower turnover, as most owners prefer to wait for better conditions before selling.
“Prices without a garage in high-demand areas range from USD 120,000 to USD 160,000, depending on the location, condition of the property, and features such as high floors, light, or balconies. Additionally, the average square footage of apartments sold during 2024 was 85 square meters,” Balayan noted.
Three-bedroom apartments remain a popular option, especially among end-user buyers looking to expand their space.
Balayan added: “According to ROI, the majority of three-bedroom buyers are young couples, especially those about to start a family, who are upgrading from a two-bedroom apartment to a three-bedroom apartment. These properties not only provide greater comfort but also allow for the flexibility needed for new homes, thus attracting this type of buyer.”
www.buysellba.com
Source:
Cuáles son los departamentos más buscados para comprar en Buenos Aires y cuánto cuestan
El mercado inmobiliario porteño muestra una fuerte demanda por un tipo de vivienda en particular. Cómo impacta el crédito hipotecario. Los valores, barrio por barrio
www.infobae.com
March 19, 2025
The Buenos Aires real estate market shows strong demand for a particular type of home. How mortgage lending impacts this. Values, neighborhood by neighborhood
By Jose Luis Cieri
A young man walks through a two-bedfroom apartment with the intention of buying it (Illustrative Image Infobae)
The real estate market in Buenos Aires has seen significant growth in interest in three-bedroom apartments.
This type of home has been the most sought-after for over a year, displacing two-bedroom units, with a 10% year-over-year increase in sales values.
The reactivation of mortgage loans and the search for more living space explain this trend.
Why demand increased
According to Leandro Molina , Country Manager of Grupo QuintoAndar (which includes Zonaprop) for Argentina and Peru, “demand for apartments for sale in CABA has grown by 43% since February 2024. Within this growth, three-bedroom apartments have gained prominence over two-bedroom apartments.”Given these indicators, "we're seeing that people are interested in gaining square footage, especially in areas where offices, shopping centers, and educational institutions are located. This explains the growing interest in living in more central areas with easy access to other parts of the AMBA region," Molina added.
Seventy-five percent of searches in the Buenos Aires real estate market are for apartment purchases, and within this segment, Palermo, Belgrano, and Recoleta lead the ranking of the most sought-after neighborhoods for three-bedroom units.
Soledad Balayan , a market analyst with Maure Inmobiliaria, agreed that “the demand for larger units responds to the need for additional spaces for teleworking or family growth, something that has become key in the search for properties in recent years.”
He added that "the reactivation of mortgage lending has boosted the purchase of these apartments, as those seeking financing are looking for units that offer greater long-term comfort."
Traditionally, it has always been the most sought-after, given that it fits the typical family configuration: a couple with one or more children or a newly married couple.
Balayan added: "Furthermore, in recent years, there has also been a growing interest from people who, having lived in larger apartments and with children already out of the home, are looking to downsize and move to a location more suitable for their next stage of life. This trend has revived interest in three-bedroom properties."
Price and supply evolution in CABA
Starting in February 2024, sales prices accelerated their rate of increase. That month, the price per square meter reached USD 2,370, up 1.3%, following increases of 0.6% in January 2025 and 0.19% in December 2024.Molina added: "Over the last twelve months, the supply of apartments for sale has remained relatively stable. Currently, there is 1% more supply than a year ago."
Two-bedroom apartments increased their value by 10% year-over-year (Illustrative Image Infobae)
However, larger units (up to 5 rooms or more) have lower turnover, as most owners prefer to wait for better conditions before selling.
What happened to the values and surfaces
Regarding prices, two-bedroom apartments in neighborhoods such as Palermo, Núñez, Almagro, Flores, Caballito, and Belgrano registered a considerable increase in the last year. According to data obtained from the Real Estate Transaction Survey (ROI) coordinated by the SELECTIA network, these apartments, especially those newer or in good condition, saw an average increase in value of up to 10%.“Prices without a garage in high-demand areas range from USD 120,000 to USD 160,000, depending on the location, condition of the property, and features such as high floors, light, or balconies. Additionally, the average square footage of apartments sold during 2024 was 85 square meters,” Balayan noted.
Three-bedroom apartments remain a popular option, especially among end-user buyers looking to expand their space.
Balayan added: “According to ROI, the majority of three-bedroom buyers are young couples, especially those about to start a family, who are upgrading from a two-bedroom apartment to a three-bedroom apartment. These properties not only provide greater comfort but also allow for the flexibility needed for new homes, thus attracting this type of buyer.”
Price X-ray
Below are the average prices for apartments for sale in Buenos Aires, each measuring 73 m2:- Puerto Madero : USD 485,100.
- Palermo : USD 270,300.
- Nuñez : USD 248,900.
- Belgrano : USD 241,600.
- Colegiales : USD 213,700.
- Villa Devoto : USD 209,600.
- Coghlan : USD 204,000.
- Recoleta : USD 202,900.
- Retiro : USD 201,600.
- Villa Urquiza : USD 195,300.
- Villa Ortúzar : USD 188,500.
- Chacarita : USD 186,900.
- Saavedra : USD 186,600.
- Caballito : USD 180,100.
- Villa Crespo : USD 169,900.
- Villa Luro : USD 159,300.
- Parque Chacabuco : USD 158,300.
- Parque Chas : USD 157,100.
- Villa del Parque : USD 156,500.
- Agronomia : USD 156,100.
- Almagro : USD 154,200.
- Boedo : USD 152,300.
- Liniers : USD 149,800.
- Flores : USD 147,400.
- Mataderos : USD 145,100.
- Santa Rita : USD 144,300.
- Barracas : USD 143,900.
- Montserrat : USD 142,300.
- Villa Pueyrredón : USD 141,500.
- Monte Castro : USD 140,900.
- San Telmo : USD 140,400.
- Villa Real : USD 137,900.
- Paternal : USD 137,100.
- Villa General Miter : USD 130,000.
- San Cristobal : USD 127,200.
- San Nicolás : USD 127,100.
- Vélez Sarsfield : USD 124,900.
- Versailles : USD 124,700.
- Balvanera : USD 122,900.
- Parque Patricios : USD 118,600.
- Constitucion : USD 115,900.
- Floresta : USD 112,200.
- Villa Riachuelo : USD 110,000.
- La Boca : USD 107,700.
- Parque Avellaneda : USD 103,000.
- Nueva Pompeya: USD 95,640.
- Lugano : USD 76,620.
- Villa Soldati : USD 72,850.
www.buysellba.com
