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[SITUATION] · [ACTIVE]
2 clusters · 12 sources · 22 days · First seen · Last updated
Categories: BUSINESS
Buenos Aires rental market expands further
Entities: Gabriel Mraida · Armando Pepe · Rubén Pascolini · Argentine government · Colegio Profesional Inmobiliario (CUCICBA)
Overview
By late July 2026 the Buenos Ayres rental market continued to grow, with listings up 1.4 % in June and a cumulative 16 % increase in the first half of the year, still trailing the national inflation rate of 17.1 %. The expansion follows the 2023 repeal of the former Rental Law (DNU 70/2023), which lifted supply from just 355 units at the end of 2023 to more than 15,700 currently available apartments.
Landlords now earn a net annual return of about 5.8 % in U.S. dollars after taxes. Used apartments sell for up to 30 % less than newly built units, while construction costs for a building shell remain around $1,750 per square metre, widening the price gap between existing and new stock. Mortgage rates indexed to UVA have risen to roughly 6.5‑7.5 % plus the index, tightening credit conditions.
Public‑transport fares were raised on 1 July, with bus tickets up about 4 % and train tickets 8.6 %, and further hikes are scheduled. The municipal "Salir de la Calle" program continues to place formerly homeless families into formal rental contracts, shifting policy emphasis toward tenant autonomy despite the ongoing market volatility.
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Decree‑law (DNU) 70/2023 repealed the previous Argentine Rental Law. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Rental unit supply in Buenos Aires grew from 355 units at the end of 2023 to more than 15,700 units currently. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] The net annual rental yield for owners is about 5.8 % in dollars after taxes. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Used apartments are priced up to 30 % below new units. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Construction costs for building works are around $1,750 per square metre. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Mortgage loan rates (UVA) now average between 6.5 % and 7.5 % plus the UVA index. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Armando Pepe called on banks to lower rates and ease credit conditions for borrowers. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 3 SOURCES] Armando Pepe criticized government deregulation proposals for the real‑estate sector. (supported by articles 5f3b1b30, 33eada4f, d2c780d0)
- [● 2 SOURCES] The stock of rental units in Buenos Aires rose from about 355 at the end of 2023 to more than 15,700 by mid‑2024. (Rental market data after DNU 70/2023)
- [● 2 SOURCES] Owners of Buenos Aires rental units earn a net annual yield of about 5.8 % in dollars. (Statements by Armando Pepe)
- [● 2 SOURCES] The “Salir de la Calle” pilot provides formal leases to families exiting homelessness, initially covering 14 apartments. (Pilot program description)
- [● 2 SOURCES] Minister Gabriel Mraida said the program aims to give families autonomy and dignity rather than a subsidy. (Minister Gabriel Mraida)
Timeline
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2 days ago
[BUSINESS] 10 sourcesBuenos Aires rental market expands 45‑fold after DNU repealAfter DNU 70/2023 repealed the Rental Law, Buenos Aires rental listings jumped from 355 to over 15,700 units, with a 5.8 % net yield for landlords and construction costs at $1,750 / m², while credit rates sit 6
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24 days ago
[BUSINESS] 2 sourcesBuenos Aires rents climb 1.4% in June as transport fares rise in JulyBuenos Aires rents rose 1.4% in June, totaling a 16% H1 gain, while bus and train fares increased in early July, with bus tickets up about 4% and train fares up 8.6%.
Sources
chacodiapordia.com · combonoticias.com · debrown.com.ar · elaconquija.com · elsol.com.ar · elsolnoticias.com.ar · hindi.newslaundry.com · noticiasargentinas.com · perfil.com · rosariolaciudad.com.ar · sintinta.com.ar · sitiosargentina.com.ar