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How much does it cost to build a 315 square meter house in a gated community? - La Nacion Propiedades
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www.lanacion.com.ar
July 22, 2025
A report reveals that the value of housing construction in gated communities and private neighborhoods remains high, and everything indicates that the trend will continue.
Building a 300-square-meter house already costs more than a million dollars.
Although construction costs slowed their rise in June , according to a recent report, building a home in a gated community has reached very high prices, now exceeding one million dollars.
This was revealed in a report by Reporte Inmobiliario, which publishes this survey several times a year, in a study that analyzes a premium single-family home located within a gated community or country club in Greater Buenos Aires (the figures include taxes and the architect's professional fees).
To build a very premium home in a country club, measuring 315 m², the total sum of more than $1,352,827,594 would be needed.
According to the report published a few days ago, which uses data from early June, building a 315 m² home of this type would require a total of more than $1,352,827,594 (equivalent to US$1,113,438 at the official exchange rate at the beginning of June). This represents a 73% year-over-year increase (June 2024-June 2025).
Thus, at the beginning of June, $4,294,690.78 was needed to build one square meter of a country house (US$3,534.72/m² , according to the then-current BNA dollar rate). This house is built on a corner lot in a central block, with a lot area of 800 m² and 315 m² of homogenized covered area (50% semi-covered), built on two levels, with a setback from the property's dividing axes, creating gardens and parking. The budget includes details and costs for materials, labor and overhead, freight, transfers, and trade assistance. Professional fees are included separately, calculated at 13% of the cost of the project, for project management, and administration.
The cost per square meter of a very premium country residence was $4,294,690.78 (US$3,534.72/m2) in June. COVID-19 PHOTO: RICARDO PRISTUPLUKRICARDO PRISTUPLUK
Indeed, the situation is complex, as the stability of the dollar and inflation create a challenging environment for the construction industry. For a long time, costs measured in US dollars kept pace with fluctuating inflation in pesos and constant devaluations. Over the past 14 months, inflation has slowed but is holding steady; the dollar, meanwhile, has been stable or even declining, meaning that increasingly more dollars are needed to build the same amount of space.
“For there to be less of an impact on construction costs in dollars, there would need to be zero inflation or a dollar with an increase that accompanies inflation,” explains Germán Gómez Picasso, founder of Reporte Inmobiliario. He adds: “In the future, although inflation rates are slowing, if there is inflation in pesos in construction and a dollar that remains within the range, construction costs in dollars will continue to rise. The upward trend is clear.”
Construction costs have increased by 126% since October 2023 in Argentina, according to Zonaprop. Luciana Mata
It's worth noting that this year's construction cost increase was milder than the increase recorded in 2024. In fact, according to Zonaprop, the increase has accumulated by 126% since October 2023, but it has slowed down today, while the increase was 1.2% in June.
“For several months now, there have been many questions regarding this issue; the big question is how inflation in pesos will continue to evolve, as well as the exchange rate of the blue and official currencies, all of which influence the cost of carrying out a project. The truth is that today, the only way to begin a project would be to start with a cost measured in pesos and update it monthly based on a reliable index. The data shows that it is very difficult to set a cost in dollars in this situation and then be able to truly cover it, or vice versa,” added Reporte Inmobiliario.
One effect of high construction costs is that land sales are slowing down. Fabian Narvaez, owner of Narvaez Real Estate, notes this decline: “ Today, construction costs have lowered the rate of return for any investor . Previously, in the land segment, we had a client base that could buy land, build a house, and then sell or rent it out for income; we also had end consumers who bought to build their own home. Today, land sales have been halted or limited, and this is unfortunately a consequence of high construction costs .”
www.buysellba.com
Source:
Cuánto cuesta construir una casa de 315 metros cuadrados en un country
Un informe revela que el valor de la construcción de viviendas en countries y barrios privados se mantiene alto y todo indica que la tendencia seguirá siendo así
www.lanacion.com.ar
July 22, 2025
A report reveals that the value of housing construction in gated communities and private neighborhoods remains high, and everything indicates that the trend will continue.
Building a 300-square-meter house already costs more than a million dollars.
Although construction costs slowed their rise in June , according to a recent report, building a home in a gated community has reached very high prices, now exceeding one million dollars.
This was revealed in a report by Reporte Inmobiliario, which publishes this survey several times a year, in a study that analyzes a premium single-family home located within a gated community or country club in Greater Buenos Aires (the figures include taxes and the architect's professional fees).
To build a very premium home in a country club, measuring 315 m², the total sum of more than $1,352,827,594 would be needed.
According to the report published a few days ago, which uses data from early June, building a 315 m² home of this type would require a total of more than $1,352,827,594 (equivalent to US$1,113,438 at the official exchange rate at the beginning of June). This represents a 73% year-over-year increase (June 2024-June 2025).
Thus, at the beginning of June, $4,294,690.78 was needed to build one square meter of a country house (US$3,534.72/m² , according to the then-current BNA dollar rate). This house is built on a corner lot in a central block, with a lot area of 800 m² and 315 m² of homogenized covered area (50% semi-covered), built on two levels, with a setback from the property's dividing axes, creating gardens and parking. The budget includes details and costs for materials, labor and overhead, freight, transfers, and trade assistance. Professional fees are included separately, calculated at 13% of the cost of the project, for project management, and administration.
The cost per square meter of a very premium country residence was $4,294,690.78 (US$3,534.72/m2) in June. COVID-19 PHOTO: RICARDO PRISTUPLUKRICARDO PRISTUPLUK
Why did the cost of building a
"The equation is dramatic: 14 consecutive months with the dollar in the US$1,200-US$1,300 range; meanwhile, during the same period, inflation was 68% in pesos for building a house," explains Reporte Inmobiliario.Indeed, the situation is complex, as the stability of the dollar and inflation create a challenging environment for the construction industry. For a long time, costs measured in US dollars kept pace with fluctuating inflation in pesos and constant devaluations. Over the past 14 months, inflation has slowed but is holding steady; the dollar, meanwhile, has been stable or even declining, meaning that increasingly more dollars are needed to build the same amount of space.
“For there to be less of an impact on construction costs in dollars, there would need to be zero inflation or a dollar with an increase that accompanies inflation,” explains Germán Gómez Picasso, founder of Reporte Inmobiliario. He adds: “In the future, although inflation rates are slowing, if there is inflation in pesos in construction and a dollar that remains within the range, construction costs in dollars will continue to rise. The upward trend is clear.”
Construction costs have increased by 126% since October 2023 in Argentina, according to Zonaprop. Luciana Mata
It's worth noting that this year's construction cost increase was milder than the increase recorded in 2024. In fact, according to Zonaprop, the increase has accumulated by 126% since October 2023, but it has slowed down today, while the increase was 1.2% in June.
“For several months now, there have been many questions regarding this issue; the big question is how inflation in pesos will continue to evolve, as well as the exchange rate of the blue and official currencies, all of which influence the cost of carrying out a project. The truth is that today, the only way to begin a project would be to start with a cost measured in pesos and update it monthly based on a reliable index. The data shows that it is very difficult to set a cost in dollars in this situation and then be able to truly cover it, or vice versa,” added Reporte Inmobiliario.
One effect of high construction costs is that land sales are slowing down. Fabian Narvaez, owner of Narvaez Real Estate, notes this decline: “ Today, construction costs have lowered the rate of return for any investor . Previously, in the land segment, we had a client base that could buy land, build a house, and then sell or rent it out for income; we also had end consumers who bought to build their own home. Today, land sales have been halted or limited, and this is unfortunately a consequence of high construction costs .”
www.buysellba.com
