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Two-bedroom apartments are no longer available for less than US$200,000 - La Nacion Propiedades
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www.lanacion.com.ar
July 16, 2025
Leandro Molino, director of Quinto Andar, the group that owns Zonaprop, explained what will happen to property prices.
By Candela Contreras
Leandro Molino, director of Quinto Andar, the group that owns Zonaprop. Fabian Malavolta
What will happen to prices? Will they continue to rise? This was the question answered by Leandro Molino, director of Quinto Andar—the group that owns Zonaprop—and who opened the tenth edition of the Real Estate Summit organized by LA NACION.
“In June, the price per square meter in CABA rose by 0.5% and in the first half of the year it increased by 4.4%,"very similar to what happened in the same period in 2024," the executive explained, while clarifying that all neighborhoods are registering monthly price increases, except for some such as Lugano, Liniers, or Parque Avellaneda, which tend to show minimal price drops. In other words, 95% of CABA neighborhoods are registering year-on-year price increases.
When it comes to rent, Molina explained that there is "a significant price difference between neighborhoods in Buenos Aires City." For example, a studio apartment costs US$106,680, while a two-bedroom apartment costs US$128,295, and a two-bedroom apartment costs US$177,220. He also explained that the figures for the province of Buenos Aires are different: in the northern areas, a one-bedroom apartment sells for US$113,319, while a two-bedroom apartment sells for US$175,001. In the western and southern areas of Buenos Aires, a one-bedroom apartment sells for US$81,853, while a two-bedroom apartment sells for US$118,071.
In this context, one surprising piece of data he shared was the 7% increase in the volume of listings in the City of Buenos Aires. "Since December 2024, we've seen a break in the trend. There's an increase in the publication of new listings," he analyzed. This means there are more owners willing to sell. This is accompanied by a stock that decreases month by month. "The combination of both trends would allow us to assume that listings are finding demand. Currently, listings for properties for sale in Buenos Aires City last an average of 71 days," he explained. This trend is confirmed by the increase in the volume of deeds in Buenos Aires City, which, according to the Notaries Association of the City of Buenos Aires, was 22% higher in May than in the same month in 2024.
But the fact that undoubtedly surprised the more than 250 attendees at the meeting was that " within the Northern Corridor, there are almost no two-bedroom apartments under US$200,000," according to the executive, who adds that "in addition to these being the most in-demand types within the market, it is an area with strategic points."
Journalist Carla Quiroga (LA NACION) speaks with Leandro Molino, director of Quinto Andar, the group that owns Zonaprop. Fabian Malavolta
During the interview with LA NACION journalist Carla Quiroga, the executive detailed the prices of two-bedroom apartments in the most sought-after areas.
In order, Palermo (US$279,016), Núñez (US$265,600), and Belgrano (US$244,231). While he surprised everyone when he mentioned the neighborhoods where this type of accommodation is most affordable: Retiro (US$201,506), Recoleta (US$206,500), and Colegiales (US$219,835), whose demand accounts for 34% of inquiries.
Regarding the situation in the interior of the country, he highlighted the significant growth in Mendoza. “Inquiries for property purchases increased by 60% compared to a year ago, while supply grew by 40%,” he said. Meanwhile, Córdoba, Rosario, and Buenos Aires (excluding CABA) also showed significant growth in demand, with year-over-year increases of between 20% and 50% in inquiries. “Supply in these areas also grew, reaching increases of up to 15%,” he added.
"Furthermore, in the sixth month of the year, the supply of apartments increased by 2%, and the current volume is 3.1 times higher than in February 2023, when a record low was reached," he analyzed.
According to Zonaprop data, landlords need to be more patient because the time a rental ad remains posted has doubled compared to a year ago. "Furthermore, demand pressure on ads in dollars is 6.6 times greater than on ads posted in pesos," he noted. However, the percentage of apartment listings listed in dollars has begun to fall. Previously, the supply in dollars was higher, but this trend has now reversed.60% of the rental ads published are in pesos.
Furthermore, the executive explained that during the first half of 2025, rental prices increased by 19%. In the same period in 2024, this figure was almost double (34%). In other words, there was a sharp slowdown in the year-over-year increase in rental prices. The average price of a one-bedroom apartment for rent rose by 2.3% in June. Meanwhile, year-over-year, the increase was 46%, significantly lower than the cumulative increase between June 2023 and June 2024 (184%).
Renting a one-bedroom apartment in Buenos Aires costs, on average, $655,294 per month, and a two-bedroom apartment, $879,239 per month . In northern Buenos Aires, renting a one-bedroom apartment costs $633,887 per month, while a two-bedroom apartment rents for $891,043 per month. In western Buenos Aires, renting a one-bedroom apartment costs $506,199 per month, while a two-bedroom apartment costs $678,309 per month.
When differentiating between the typologies, the executive explained that two-bedroom units receive the highest volume of inquiries per listing; while studio apartments have seen sharp demand declines over the past 12 months, and are losing market share.
Meanwhile, in the northern and western-southern areas of Greater Buenos Aires, "demand pressure is greatest on two-room units, while four-room units receive the least pressure," he clarified.
On the other hand, Puerto Madero is the neighborhood with the lowest profitability, at just 4.1%. It is followed by Palermo (4.3%) and Núñez (4.5%). “This is because, although these are highly valued areas with high rents, the purchase prices per square meter are considerably higher,” he explained, adding in closing: “Those who invest are doing so at such a high rate that, even with good rental income, the percentage return on investment is not as attractive as in the neighborhoods mentioned above.”
www.buysellba.com
Source:
“Ya no se consiguen departamentos de tres ambientes por menos de US$200.000″
Leandro Molino, el director de Quinto Andar, grupo propietario de Zonaprop, explicó qué pasará con los precios de los inmuebles
www.lanacion.com.ar
July 16, 2025
Leandro Molino, director of Quinto Andar, the group that owns Zonaprop, explained what will happen to property prices.
By Candela Contreras
Leandro Molino, director of Quinto Andar, the group that owns Zonaprop. Fabian Malavolta
What will happen to prices? Will they continue to rise? This was the question answered by Leandro Molino, director of Quinto Andar—the group that owns Zonaprop—and who opened the tenth edition of the Real Estate Summit organized by LA NACION.
“In June, the price per square meter in CABA rose by 0.5% and in the first half of the year it increased by 4.4%,"very similar to what happened in the same period in 2024," the executive explained, while clarifying that all neighborhoods are registering monthly price increases, except for some such as Lugano, Liniers, or Parque Avellaneda, which tend to show minimal price drops. In other words, 95% of CABA neighborhoods are registering year-on-year price increases.
When it comes to rent, Molina explained that there is "a significant price difference between neighborhoods in Buenos Aires City." For example, a studio apartment costs US$106,680, while a two-bedroom apartment costs US$128,295, and a two-bedroom apartment costs US$177,220. He also explained that the figures for the province of Buenos Aires are different: in the northern areas, a one-bedroom apartment sells for US$113,319, while a two-bedroom apartment sells for US$175,001. In the western and southern areas of Buenos Aires, a one-bedroom apartment sells for US$81,853, while a two-bedroom apartment sells for US$118,071.
In this context, one surprising piece of data he shared was the 7% increase in the volume of listings in the City of Buenos Aires. "Since December 2024, we've seen a break in the trend. There's an increase in the publication of new listings," he analyzed. This means there are more owners willing to sell. This is accompanied by a stock that decreases month by month. "The combination of both trends would allow us to assume that listings are finding demand. Currently, listings for properties for sale in Buenos Aires City last an average of 71 days," he explained. This trend is confirmed by the increase in the volume of deeds in Buenos Aires City, which, according to the Notaries Association of the City of Buenos Aires, was 22% higher in May than in the same month in 2024.
But the fact that undoubtedly surprised the more than 250 attendees at the meeting was that " within the Northern Corridor, there are almost no two-bedroom apartments under US$200,000," according to the executive, who adds that "in addition to these being the most in-demand types within the market, it is an area with strategic points."
Journalist Carla Quiroga (LA NACION) speaks with Leandro Molino, director of Quinto Andar, the group that owns Zonaprop. Fabian Malavolta
During the interview with LA NACION journalist Carla Quiroga, the executive detailed the prices of two-bedroom apartments in the most sought-after areas.
In order, Palermo (US$279,016), Núñez (US$265,600), and Belgrano (US$244,231). While he surprised everyone when he mentioned the neighborhoods where this type of accommodation is most affordable: Retiro (US$201,506), Recoleta (US$206,500), and Colegiales (US$219,835), whose demand accounts for 34% of inquiries.
Regarding the situation in the interior of the country, he highlighted the significant growth in Mendoza. “Inquiries for property purchases increased by 60% compared to a year ago, while supply grew by 40%,” he said. Meanwhile, Córdoba, Rosario, and Buenos Aires (excluding CABA) also showed significant growth in demand, with year-over-year increases of between 20% and 50% in inquiries. “Supply in these areas also grew, reaching increases of up to 15%,” he added.
The rental situation
Molina emphasized that macroeconomic changes during 2024 impacted the rental market, not only on prices but also on supply and demand. Following the repeal of the law in December 2023, a period of slowdown in monthly increases began, reaching a 2.3% increase in June 2025."Furthermore, in the sixth month of the year, the supply of apartments increased by 2%, and the current volume is 3.1 times higher than in February 2023, when a record low was reached," he analyzed.
According to Zonaprop data, landlords need to be more patient because the time a rental ad remains posted has doubled compared to a year ago. "Furthermore, demand pressure on ads in dollars is 6.6 times greater than on ads posted in pesos," he noted. However, the percentage of apartment listings listed in dollars has begun to fall. Previously, the supply in dollars was higher, but this trend has now reversed.60% of the rental ads published are in pesos.
Furthermore, the executive explained that during the first half of 2025, rental prices increased by 19%. In the same period in 2024, this figure was almost double (34%). In other words, there was a sharp slowdown in the year-over-year increase in rental prices. The average price of a one-bedroom apartment for rent rose by 2.3% in June. Meanwhile, year-over-year, the increase was 46%, significantly lower than the cumulative increase between June 2023 and June 2024 (184%).
Renting a one-bedroom apartment in Buenos Aires costs, on average, $655,294 per month, and a two-bedroom apartment, $879,239 per month . In northern Buenos Aires, renting a one-bedroom apartment costs $633,887 per month, while a two-bedroom apartment rents for $891,043 per month. In western Buenos Aires, renting a one-bedroom apartment costs $506,199 per month, while a two-bedroom apartment costs $678,309 per month.
Most popular typologies
According to the real estate platform's latest report, the properties generating the highest rental demand are townhouses, and "there's a shortage," Molina explained. "In Buenos Aires City, in particular, townhouses receive almost three times as many inquiries as apartment listings," she said.When differentiating between the typologies, the executive explained that two-bedroom units receive the highest volume of inquiries per listing; while studio apartments have seen sharp demand declines over the past 12 months, and are losing market share.
Meanwhile, in the northern and western-southern areas of Greater Buenos Aires, "demand pressure is greatest on two-room units, while four-room units receive the least pressure," he clarified.
In which neighborhood is it best to buy to rent?
To put this into context, the head of Zonaprop described Lugano, Nueva Pompeya, and Parque Avellaneda as the best neighborhoods for investors looking to buy an apartment to rent out. "In these neighborhoods, profitability is much higher than in other neighborhoods, with gross returns of 9.2%, 8.4%, and 7.7%, respectively."On the other hand, Puerto Madero is the neighborhood with the lowest profitability, at just 4.1%. It is followed by Palermo (4.3%) and Núñez (4.5%). “This is because, although these are highly valued areas with high rents, the purchase prices per square meter are considerably higher,” he explained, adding in closing: “Those who invest are doing so at such a high rate that, even with good rental income, the percentage return on investment is not as attractive as in the neighborhoods mentioned above.”
www.buysellba.com
