Argentina’s property market is moving with quiet confidence. Locals, expats and long-haul investors are investing in property again – and Víctor Arlandi explains why.
Argentina’s residential real estate market is entering a new phase. After years of volatility, both local and returning international buyers are showing renewed interest. The shift is being driven by structural changes in the economy, improved financing conditions, and growing confidence in the long-term value of property. Víctor Arlandi, President of Central Real Estate Argentina offers
a clear view of the current landscape.
“Local buyers are re-engaging after a long period of hesitation. There is more confidence in the property market, driven in large part by the reactivation of 30-year mortgage credit.” With financing becoming available again, a broader group of buyers is stepping back into the market. The recovery is not limited to those living in the country. “We’re seeing many clients from the diaspora, particularly those in Spain, the United States, and neighbouring countries, investing again, especially in property for their children or as part of a future relocation plan.”
Certain parts of Buenos Aires continue to attract the most attention. “Belgrano, Recoleta, and Palermo continue to lead.” Each has distinct advantages, and Víctor points to a clear pattern of performance across market cycles. “Belgrano, with its established residential identity, excellent connectivity, leafy avenues, and rich urban tradition, has become one of the most active real estate hubs. Modern towers coexist with century-old buildings, parks, private clubs, and prestigious schools. It is, undeniably, one of the strongholds where capital naturally preserves its value. During down cycles, Belgrano is one of the last neighbourhoods to adjust prices. During up cycles, it leads the market alongside Recoleta.”
Buyer behaviour is also evolving. “What we see now is a shift from yield-seeking to value-seeking. People are buying for capital appreciation, acquiring while prices are historically low in USD terms.” This approach reflects a more strategic mindset focused on long-term gains rather than short-term rental yields. Foreign interest is present but selective. “International buyers are increasingly visible in the high-end and rural property markets, especially in private sales.” These transactions often involve exclusive estates and off-market deals that reflect long-term investment thinking.
Puerto Madero, meanwhile, continues to play a different role in the market. “Its transaction volume is lower, and it behaves more like an investment enclave than a traditional residential hub.” Looking ahead, Víctor offers a measured forecast. “If the current reform path holds and inflation is brought under further control, we could see double-digit price appreciation, between 10% and 20%, in the most active areas.”
The clearest signal of change may be the return of decisiveness itself. “People are making decisions again.” In a market that has long been defined by hesitation, that alone marks a meaningful shift.
Grand Entrance
This two-storey house, set on a 34,550 sq. ft. plot, offers 4,843 sq. ft. of covered space. A striking external staircase leads to the upper floor, where spacious living areas feature 11.15 ft ceilings and large windows overlooking the garden, pool, and polo field.
The lower floor houses the master suite, guest bedroom, two suites, and a second master suite, along with a living room, laundry, and utility area. Outside, the garden includes an infinity pool with jacuzzi, modern pergola, solarium, fire pit, and four semi-covered garages.
Comfort is ensured with underfloor heating, central air conditioning upstairs and in the master suite, plus split units in other rooms. Security is multi-layered, with alarms, infrared barriers, thermal cameras, and on-site patrolling.
An 18KW generator supports full power, including air conditioning. Other features include a freight lift, porcelain flooring, double-glazed windows with German fittings, and roller shutters. The property lies within Puesto Viejo’s 220-hectare estate, just under an hour from Buenos Aires.
Cliff Residence
Located on a cliff in San Pedro overlooking the Paraná River, Casa Río was designed as a tribute to the region’s landscape and traditions.
Conceived as a suspended viewpoint, the house opens fully to the river and Delta beyond. The main living floor is elevated, while the ground level includes guest and recreational spaces. Two pergolas expand the experience outward, offering shaded terraces and sweeping views. Built in exposed concrete and steel, the structure floats above the terrain, framing cargo ships as they glide by – a moving landscape that connects architecture to the river’s wild, infinite presence.
