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The top areas of Argentine cities that are among the cheapest in Latin America to live in - La Nacion Propiedades
Source:
www.lanacion.com.ar
May 07, 2025
This was revealed by a report that surveyed the value of square meters of properties in the region.
The top cities in Argentina that are among the cheapest in Latin America to live inMarcelo Manera - LA NACION
Amid a growing market, driven by the number of sales transactions and rising property prices, some cities are becoming more attractive for investing in or purchasing an apartment. Although the square footage of listings has increased by 8.5% over the last 12 months, there are cities with prices that can be considered an opportunity.
This was revealed in a report prepared by the Center for Financial Research (CIF) of the Torcuato Di Tella University Business School in conjunction with the Zonaprop website , which indicated that Córdoba, Rosario, and Quito are among the three Latin American cities with the cheapest square meter in the region.
It is important to clarify that the report analyzes the per-square-meter offer price of apartments in neighborhoods across 12 cities in seven Latin American countries that are comparable to Barrio Norte, Belgrano, Caballito, and Recoleta in Buenos Aires. To do so, it uses data from the last week of March. The report also clarifies that they focused on specific neighborhoods in each city—those typically inhabited by young professionals—to avoid bias. Thus, in the case of Argentine cities, the following areas were considered: Buenos Aires City, Córdoba, and Rosario : Barrio Norte, Belgrano, Caballito, and Recoleta for the former; Alta Córdoba, Cerro de las Rosas, General Paz, and Nueva Córdoba for the latter; and downtown Rosario for the latter. The properties surveyed include two- and three-bedroom apartments, ranging in size from 20 m² to 100 m², and priced from US$10,000 to US$300,000.
This places Quito on the top three cities with the cheapest square meter , averaging US$1,215. It is followed by Rosario , with an average square meter of US$1,614 , and then Córdoba , with US$1,628/m².
On the other hand, Montevideo, Uruguay, leads the list of cities with the highest square meter property prices, at around US$3,330 . Mexico City follows with an average of US$2,666/m², followed by Monterrey, also in Mexico, at US$2,592/m², and, in fourth place, Buenos Aires City, at US$2,586/m².
Montevideo, Uruguay, leads the cities with the highest square meter of property in Latin America.Shutterstock - Shutterstock
This was shown by the latest report from Zonaprop , which states that the average price of apartments in the city rose 0.4% in April to US$2,407/m², a level similar to that of April 2017 , the year of the mortgage boom during the Macri administration. Looking at the first four months of the year, the increase is 3.5%.
The average price per square meter in the City of Buenos Aires rose 0.4% in April and stands at US$2,407. Zonaprop
The key point of the analysis is that prices are still at opportunity levels. Although listing prices fell 24% between 2019 and 2023, during that same period, "closing prices decreased 50% in real terms," shares Fabián Achával of the eponymous real estate agency, adding: "This shows that there is still plenty of room for growth, as they remain at 2006 levels, which also demonstrates how attractive prices continue to be."
www.buysellba.com
Source:
Las zonas top de las ciudades argentinas que están entre las más baratas de Latinoamérica para vivir
Así lo reveló un informe, que hizo un relevamiento sobre el valor del metro cuadrado de las propiedades en la región
www.lanacion.com.ar
May 07, 2025
This was revealed by a report that surveyed the value of square meters of properties in the region.
The top cities in Argentina that are among the cheapest in Latin America to live inMarcelo Manera - LA NACION
Amid a growing market, driven by the number of sales transactions and rising property prices, some cities are becoming more attractive for investing in or purchasing an apartment. Although the square footage of listings has increased by 8.5% over the last 12 months, there are cities with prices that can be considered an opportunity.
This was revealed in a report prepared by the Center for Financial Research (CIF) of the Torcuato Di Tella University Business School in conjunction with the Zonaprop website , which indicated that Córdoba, Rosario, and Quito are among the three Latin American cities with the cheapest square meter in the region.
It is important to clarify that the report analyzes the per-square-meter offer price of apartments in neighborhoods across 12 cities in seven Latin American countries that are comparable to Barrio Norte, Belgrano, Caballito, and Recoleta in Buenos Aires. To do so, it uses data from the last week of March. The report also clarifies that they focused on specific neighborhoods in each city—those typically inhabited by young professionals—to avoid bias. Thus, in the case of Argentine cities, the following areas were considered: Buenos Aires City, Córdoba, and Rosario : Barrio Norte, Belgrano, Caballito, and Recoleta for the former; Alta Córdoba, Cerro de las Rosas, General Paz, and Nueva Córdoba for the latter; and downtown Rosario for the latter. The properties surveyed include two- and three-bedroom apartments, ranging in size from 20 m² to 100 m², and priced from US$10,000 to US$300,000.
This places Quito on the top three cities with the cheapest square meter , averaging US$1,215. It is followed by Rosario , with an average square meter of US$1,614 , and then Córdoba , with US$1,628/m².
On the other hand, Montevideo, Uruguay, leads the list of cities with the highest square meter property prices, at around US$3,330 . Mexico City follows with an average of US$2,666/m², followed by Monterrey, also in Mexico, at US$2,592/m², and, in fourth place, Buenos Aires City, at US$2,586/m².
Montevideo, Uruguay, leads the cities with the highest square meter of property in Latin America.Shutterstock - Shutterstock
The real estate market in Argentina
The Buenos Aires real estate market continues to awaken from its slumber, and prices are a testament to this. After five years in which listing values fell 24% in nominal terms, 2024 already bodes well with a 6.8% increase in prices. And in the first four months of this year, they have already increased by more than half of what they increased last year.This was shown by the latest report from Zonaprop , which states that the average price of apartments in the city rose 0.4% in April to US$2,407/m², a level similar to that of April 2017 , the year of the mortgage boom during the Macri administration. Looking at the first four months of the year, the increase is 3.5%.
The average price per square meter in the City of Buenos Aires rose 0.4% in April and stands at US$2,407. Zonaprop
The key point of the analysis is that prices are still at opportunity levels. Although listing prices fell 24% between 2019 and 2023, during that same period, "closing prices decreased 50% in real terms," shares Fabián Achával of the eponymous real estate agency, adding: "This shows that there is still plenty of room for growth, as they remain at 2006 levels, which also demonstrates how attractive prices continue to be."
www.buysellba.com
