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Which apartments are available for less than US$100,000 in Palermo, Villa Devoto, and Caballito? - La Nación Propiedades
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Qué departamentos se consiguen por menos de US$100.000 en Palermo, Villa Devoto y Caballito
En un momento en que muchos se preguntan dónde destinar los “dólares bajo el colchón”, resurge el interés en invertir en ladrillos
www.lanacion.com.ar
July 07, 2025
At a time when many are wondering where to put their "mattress dollars," interest in investing in real estate is resurfacing.
Where are the opportunities to buy apartments for sale in the city for less than US$100,000?. Shutterstock.
The real estate market has been reshaped over the last year and a half, and the current situation presents an attractive combination for investors and end users. In this context, many are wondering if there are property options for less than US$100,000 . The answer is yes: there are properties for less than that price, even in the most sought-after neighborhoods, such as Palermo, Villa Devoto, and Caballito.
Indeed, this is a time when the real estate market has regained its appeal as an investment option: if we analyze apartments in Buenos Aires, we can see that the return on investment in these properties has grown over the last year, going from 4.24% in July 2024 to 5.37% in May 2025.
Mortgage loans have awakened after a long slumber and, for the past year, have provided a tool to make the dream of owning a home a reality. According to the latest figures from the Association of Notaries of Buenos Aires City, 1,300 mortgage transactions were signed in May , an 822% increase compared to the same month last year. In the first five months of the year , 5,394 deeds with bank financing have already been signed.
Mortgage loans provide a tool for those who do not have all the money in cash to be able to acquire their own home. Sirtravelalot - Shutterstock
Needless to say, a month ago, the government announced several measures easing controls on real estate purchases, thereby encouraging Argentines to use dollars "under their mattresses." According to the regulations, from then on, only property purchase registrations for amounts greater than 750 minimum, vital, and mobile wages will be reported . This amounts to $235,050,000, or about US$200,000 at the current exchange rate. Previously, it was 200 minimum wages, or $62,680,000.
How many properties are there in Buenos Aires for less than US$100,000?
In this context, it's especially important to know the value of properties to understand whether it's a good time to make an investment or buy your own home. According to the real estate platform Zonaprop, an average 40 m² studio apartment sells for an average price of US$106,000 in Buenos Aires. However, it's especially revealing to know that there are several properties listed for less than US$100,000 in the City of Buenos Aires, which is below the average.
Today, the real estate platform shows that there are 22,610 properties (including houses and apartments) for sale in Buenos Aires, valued up to US$100,000 . And the interesting thing is that these properties are located in a wide variety of areas in Buenos Aires.
In Villa Devoto there are properties for sale for less than US$100,000. Hernan Zenteno - La Nacion
One of the most sought-after neighborhoods with increasing construction is Villa Devoto , which also stands out for its accessibility and proximity to connecting roads with other areas. Currently, a brand-new, 41 m² studio apartment is listed on José Cubas Street, adjacent to San Martín Avenue, for US$98,595.
Without going any further, in Palermo , one of the most desirable neighborhoods to live in and a favorite tourist destination, there are also opportunities. On Charcas Street, just off Santa Fe Avenue, a brand-new 28 m² studio apartment is for sale for US$90,000.
Villa Crespo , a neighborhood adjacent to Palermo, is also home to a variety of bars, craft breweries, and art spaces. A brand-new, 36-square-meter studio apartment on Lerma Street, two blocks from Córdoba Avenue, is listed for US$81,900.
Palermo is one of the most coveted neighborhoods to live in. Daniel Basualdo.
Another of the most sought-after neighborhoods, and according to Mercado Libre, the most sought-after for sale in the past five years, is Caballito. In this area, a 27 m², 50-year-old studio apartment on Colpayo Street, just meters from Rivadavia Avenue, is selling for US$60,000.
Another brand-new property in Villa del Parque , in a project with amenities , is also well under US$100,000. This brand-new 29 m² studio apartment, steps from Aristóbulo del Valle Park, is listed for US$72,000.
Now, if you're looking for even more affordable options, there's a 34 m² , 50-year-old one-room apartment with a balcony in Balvanera for US$49,900 . In the Once area , a 38 m², 50-year-old one-room apartment in need of renovation on Pasteur Street, just a few meters from Corrientes Avenue, is selling for US$49,000. Nearby, on Callao and Perón Avenues, a 22 m², 30-year-old studio apartment is selling for US$54,900.
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