Real Estate in Mendoza, Argentina
Last updated on Mar 09, 2024
Summary: The most desirable neighborhoods in Mendoza, Argentina are Las Heras, Godoy Cruz, and Maipú. The average cost to buy a nice 2 bedroom home in Mendoza is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and updated appliances. Foreigners are allowed to purchase property in Mendoza, however, they must obtain a permit from the local government. The best way for an expat to search for a home to buy in Mendoza is to use a real estate agent or search online for listings. It is also important to research the area and the local market to ensure that the property is a good investment.
How do I find a place to live in Mendoza?
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 Mendoza is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of rental properties in the area. Additionally, you can also search for rental listings in local newspapers and classifieds. Additionally, you can also ask friends and family who live in the area for recommendations. Finally, you can also contact local real estate agents who specialize in rental properties in Mendoza," explained one expat living in Mendoza, Argentina.
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What is a typical expat home or apartment like in Mendoza?
"Expat homes and apartments in Mendoza are typically modern and spacious, with large windows that let in plenty of natural light. Many of the apartments have balconies or terraces, offering stunning views of the surrounding mountains. The interiors are often decorated with contemporary furnishings and feature modern appliances. Expats in Mendoza can also find homes and apartments with access to amenities such as swimming pools, gyms, and other recreational facilities," said one expat in Mendoza.
What is the average cost of housing in Mendoza?
If you are thinking about moving to Mendoza, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Mendoza is generally quite affordable compared to other cities in the country. The average cost of renting an apartment in Mendoza is typically around $400 to $600 per month, while the average cost of buying a home is around $100,000," explained one person living in Mendoza, Argentina.
Should I buy or rent a home in Mendoza?
If you have not spent a lot of time in Mendoza, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Mendoza can be a great investment. The city is known for its beautiful scenery, vibrant culture, and excellent quality of life. The cost of living is relatively low compared to other cities in Argentina, making it an attractive option for those looking to purchase a home. Renting a home in Mendoza can also be a great option, as it allows you to experience the city without the commitment of buying a home. Renting can also be a great way to explore different neighborhoods and find the perfect place to call home. Ultimately, the decision to buy or rent a home in Mendoza will depend on your individual needs and preferences," said one person in Mendoza.
What do I need to know when buying property in Mendoza?
When we asked expats what advice they would give a foreigner before buying a property in Mendoza, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the local laws and regulations regarding property ownership and taxation. 3. It is important to hire a qualified lawyer to assist with the purchase process and to ensure that all legal requirements are met. 4. It is important to obtain a title deed for the property, which will provide proof of ownership. 5. It is important to obtain a survey of the property to ensure that it is free from any encumbrances or liens. 6. It is important to obtain a certificate of habitability from the local municipality to ensure that the property meets all safety and health standards. 7. It is important to obtain a certificate of occupancy from the local municipality to ensure that the property is suitable for the intended use. 8. It is important to obtain a certificate of compliance from the local municipality to ensure that the property meets all building codes and regulations. 9. It is important to obtain a certificate of insurance from the local municipality to ensure that the property is adequately insured. 10. It is important to obtain a certificate of title from the local municipality to ensure that the property is free from any encumbrances or liens," said one person in Mendoza.
Are foreigners allowed to own property in Mendoza?
When we asked expats what advice they would give a foreigner before buying a property in Mendoza, they said...
"Yes, foreigners are allowed to own property in Mendoza. There are no specific restrictions on foreign ownership of real estate in the country. However, foreigners must obtain a tax identification number (CDI) and open a local bank account to complete the property purchase. It is also important to note that the buying process may involve additional paperwork and legal procedures for foreign buyers, so it is advisable to work with a local attorney or real estate agent to ensure a smooth transaction," explained one expat in Mendoza.
What appliances are typically included in a rental?
We asked foreigners in Mendoza 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 Mendoza, rental properties typically include a refrigerator, stove, oven, and washing machine. Additionally, some properties may include a dishwasher, microwave, and air conditioning unit," explained one person living in Mendoza, Argentina.
Additional Information about Searching for a Home in Mendoza:
We asked foreigners in Mendoza 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 looking for homes in Mendoza typically start their search by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, expats can reach out to local real estate agents who are familiar with the area and can help them find a suitable home. Visiting the city and exploring different neighborhoods in person can also be helpful in finding the perfect home. Networking with locals and attending expat events can also provide valuable insights and connections in the search for a home in Mendoza," explained one person living in Mendoza, 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.
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