All AMBA areas recorded increases of over 60% in oil prices. rent in 2024. While CABA presented a growth of 64.4% and GBA north of 80.4%. For their part, the values of rent in west-south GBA they rose 96.5% in 2024.
In December 2023, through DNU 70/2023, the repeal of the Rental Law was approved. From then on, the values of rentals They began a slowdown process. According to data from Zonaprop, in February the inter-monthly increases averaged 8% in each zone of the GBA, after registering increases of between 13% and 15%, figures that decreased until reaching 4% in the west-south zone and in the 2% in the northern zone.
In December, the average price of rent in the west-south GBA it rose 4.8% and accumulated an increase of 96.5% in 2024. It is currently 2.4 times lower than in 2023 (230.5%) and 21.6 percentage points below inflation ( 117.6%).A two-room apartment of 50 m2 has a value of $408,790 per month, while a three-room apartment of 70 m2 is rented for $544,726 per month.
Canning leads the ranking of most expensive neighborhoods, with an average price of $501,240 per month. They are followed by Sáenz Peña ($496,958 per month) and Santos Lugares ($494,027 per month). On the other hand, Gregorio de Laferrere presents the most economical offer, with an average price of $280,376 per month. They are followed by Merlo ($318,521 per month) and La Tablada ($339,101 per month).
On the other hand, the average price of a rent In the northern GBA it rose 2.8% in December and in 2024 it accumulated an increase of 80.6%. It is 2.9 times below the 2023 indicator (232.4%) and 37.5 percentage points below inflation (118.1%).
A two-room apartment of 50 m2 has a value of $523,230 per month, while a three-room apartment of 70 m2 is rented for $717,384 per month.
The northern GBA neighborhoods that register the most expensive offer are La Lucila ($631,630 per month), Olivos ($630,419 per month) and Vicente López ($609,379 per month).
On the contrary, José León Suárez is positioned as the most economical neighborhood, with an average price of $395,495 per month. San Andrés ($416,378 per month) and Pilar ($436,561 per month) complete the ranking of the most economical options.
Buying and selling market: prices rise
The buying and selling market began a reactivation process starting in 2023, the year in which prices stopped falling in all areas of the AMBA. In 2024, the price per square meter began a moderate upward trend that continues to this day.
In the last month of 2024, the price per square meter in west-south GBA is US$1,606 and has not presented major changes since August. Sales values rose again in 2024 after five years of decline and accumulate an increase of 0.6%, however, it is positioned 18.6% below the maximum reached in July 2019.
A two-room apartment in west-south GBA is priced at US$80,450 while a three-room apartment has a value of US$116,210. 53% of the neighborhoods registered an interannual price increase.
Tristán Suárez is the most expensive neighborhood for acquisition, with an average price of US$2,838 per m2. Don Bosco US$2,568 per m2 and Villa Udaondo US$2,368 per m2 complete the podium. On the contrary, the cheapest offer is found in San José, with an average price of US$416 per m2, in Don Orione US$635 per m2 and in El Jagüel US$788 per m2.
In the case of northern GBA, the square meter rose 0.4% in December and stands at US$2,332. After falling 1.2% in 2023 and 4% in 2022, the square meter accumulated an increase of 3.1% in 2024 and 3.5% since the change in trend in November 2023.
A two-bedroom apartment costs US$111,109 while a three-bedroom apartment has a value of US$164,725. In December 2024, 63% of neighborhoods registered an interannual price increase.
La Lucila leads the ranking of neighborhoods with the most expensive offer, with an average price of US$3,267 per m2. They are followed by Vicente López and Olivos, with average values of US$3,238 per m2 and US$2,942 per m2, respectively. On the other hand, Parque San Miguel is the most economical neighborhood for acquisition, with an average price of US$757 per m2. It is followed by Barrio Infico (US$935 per m2) and Grand Bourg (US$954 per m2).
Real estate profitability: historical maximum since April 2016
In west-south GBA the relationship rent/price grows and stands at 6.08% annually, a historical maximum since 2016. It takes 16.5 years of rental to repay the purchase investment, 42% less than a year ago.
Villa Tesei is positioned as the best neighborhood for investors seeking income, with a gross return of 8.3%. Burzaco and Lomas del Mirador follow with an average of 7.6%% and 7.5% gross return each. On the other hand, those with the lowest profitable advantage are Lomas de Zamora (4.7%), Adrogué (5%) and Banfield (5.2%).
In northern GBA, the relationship rent/price rises and stands at 4.85% annually. Currently it takes 20.6 years of rent to repay the initial investment, 24% less than a year ago.
Boulogne Sur Mer, Belén de Escobar and San Miguel are the neighborhoods in the area with the highest profitability, with 11%, 7.7% and 7.4% of gross return, respectively. On the contrary, Manuel Alberti is the neighborhood with the lowest profitable advantage, with a return of 4.1%. They are followed by Vicente López (4.2%) and La Lucila (4.3%).
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
