Argentina residential prices not much changed; very attractive rental yields on Buenos Aires houses
2017-05-18 From: Welcome to website-AGARAINT Browsing times:464
No strong movement in residential
apartment prices has taken place in Buenos Aires, Argentina, over the
past 2 years. If anything, the trend is toward some upward movement
(following some increase in rents). The average apartment in the centre
of Buenos Aires now sells for around US$2,468 per square metre.
Rents have been rising. During 2009 they fell significantly in terms of US$, but now they are stronger again. Average apartment rental yields are around 6% to 7%.
House prices have been a little weak, and US$1,100 per square metre is a typical price now. The result is that gross rental yields of Buenos Aires houses is rather attractive from the perspective of landlords, at over 9.5%.