Real Estate in Argentina
Last updated on Feb 10, 2024
Summary: An expat looking to buy a home in Argentina should begin by researching the different neighborhoods and cities in the country. It is important to consider factors such as cost of living, safety, and access to amenities. Expats should also research the local real estate market to get an idea of the types of properties available and the average prices. Foreigners are allowed to purchase property in Argentina, however, there are certain restrictions in place. For example, foreigners are not allowed to purchase land within 50 kilometers of the border. Additionally, foreigners must obtain permission from the Central Bank of Argentina before purchasing a property. Houses in Argentina typically include amenities such as air conditioning, heating, and modern appliances. Many homes also have outdoor spaces such as gardens, terraces, and balconies. Depending on the location, some homes may also have access to a pool or other recreational facilities.
How do I find a place to live in Argentina?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Argentina is to use online resources such as websites and classifieds. Websites such as ZonaProp, Alquileres, and Mercado Libre are popular resources for finding rental properties in Argentina. Additionally, classifieds such as El Clarin and La Nacion are great sources for finding apartments and houses for rent. It is also possible to find a place to live by asking around in the local community or by contacting a real estate agent," explained one person living in Argentina.
Get Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
What is a typical expat home or apartment like in Argentina?
"Expat homes and apartments in Argentina tend to be modern and comfortable, with plenty of natural light and airy spaces. Many expats choose to live in the larger cities, such as Buenos Aires, where they can enjoy the convenience of city living. Expat apartments often come with amenities such as air conditioning, high-speed internet, and modern appliances. Expats may also find that their apartments come with a balcony or terrace, providing a great place to relax and enjoy the views," said one person in Argentina.
What is the average cost of housing in Argentina?
If you are thinking about moving to Argentina, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Argentina varies depending on the location and type of property. Generally, the cost of renting an apartment in a city center is higher than in the suburbs, while the cost of buying a house is higher in the suburbs than in the city center. On average, renting an apartment in a city center can cost between $500 and $1,500 per month, while buying a house in the suburbs can cost between $50,000 and $200,000," said one person in Argentina.
Should I buy or rent a home in Argentina?
If you have not spent a lot of time in Argentina, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Argentina can be a great investment, as the country has a strong economy and real estate market. However, it is important to consider the cost of living in the area you are looking to buy in, as well as the cost of the home itself. Renting a home in Argentina can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Argentina should be based on your individual needs and financial situation," explained one expat living in Argentina.
What do I need to know when buying property in Argentina?
When we asked expats what advice they would give a foreigner before buying a property in Argentina, they said:
"1. It is important to enlist a local lawyer who is licensed to practice real estate law in Argentina before purchasing a property in Argentina. 2. It is crucial to thoroughly research the legal aspects and due diligence required to own property in Argentina as regulations and laws vary from municipality to municipality. 3. Foreigners must get permission from the Central Bank of Argentina before they can purchase property. 4. Research the crime, location, and safety of a given area before committing to a purchase. 5. It is advisable to be aware of the differences between purchasing an urban property and a rural property. 6. Tax regulations must be followed when buying property in Argentina, such as the obligation of paying transfer taxes when buying a property. 7. Carefully review all documents before signing any purchase contracts. 8. Contract regulations must be followed before entering into a tenancy agreement with a landlord. 9. It is important to understand the local market and its dynamics before making an offer," said one in Argentina.
Are foreigners allowed to own property in Argentina?
When we asked expats what advice they would give a foreigner before buying a property in Argentina, they said...
"Yes, foreigners are allowed to own property in Argentina. The Argentine government has established a legal framework that allows foreign citizens to purchase and own real estate in the country. Foreigners are required to obtain a Certificate of No Impediment from the Argentine consulate in their home country before they can purchase property in Argentina. Additionally, foreign citizens must register their property with the Argentine government and obtain a tax identification number," explained one foreigner living in Argentina.
What appliances are typically included in a rental?
We asked foreigners in Argentina what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Argentina, rental properties typically come with fridge, stove, and oven. Washing machines and dishwashers are not as common, but can be found in more affluent households. In some cases, a water heater, air conditioner, and other appliances may be provided. Additionally, some properties provide basic kitchenware and linens," said one foreigner living in Argentina.
Additional Information about Searching for a Home in Argentina:
We asked foreigners in Argentina what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Argentina by looking online for real estate listings, contacting local real estate agents, and searching for rental listings on websites such as Airbnb and HomeAway. Additionally, expats can look for housing options in local newspapers and magazines, or ask friends and family for recommendations," explained one person living in Argentina.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More
Argentina Forum
Talk with other digital nomads and expats in Argentina on our Argentina forum - meet people, get advice and help others.
Contribute
Help others in Argentina by answering questions about the challenges and adventures of living in Argentina.
Digital Nomads in Argentina offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Argentina.
Advice for people renting and buying real estate in Argentina.