Navigating the local property market is much easier with an expert guide.
This directory helps you connect with experienced real estate agents in Buenos Aires.
Whether you are looking to buy, sell, or rent an apartment or house, these professionals offer valuable market insight and assistance throughout the process.
Navigating the Buenos Aires real estate market as an expat can be challenging without local expertise.
Real estate agents (called inmobiliarias) play a crucial role in helping foreigners find apartments to rent or buy in the city.
The market operates quite differently from North America and Europe, making a knowledgeable agent invaluable for avoiding common pitfalls and understanding local practices.
Buenos Aires real estate agents typically work differently from those in the US or UK.
For rentals, agents usually charge tenants a commission equivalent to one month’s rent, while landlords also pay a separate commission.
This means you’ll need to budget for significant upfront costs, including the first month’s rent, security deposit (often two months), and the agent’s fee.
Many landlords prefer garantía propietaria (a property guarantee), which can be difficult for expats to provide, though some agents specialize in working with foreigners who lack this.
For purchases, agents charge commissions generally ranging from 3-5% of the sale price, split between buyer and seller. Most agents in Buenos Aires work independently or with small agencies rather than through the MLS-style systems common in North America. This means you may need to contact multiple agents to see a good selection of properties.
The Buenos Aires rental market has two distinct segments: traditional long-term leases (typically a few years) and temporary furnished rentals for expats and tourists.
If you’re staying temporarily, look for agents specializing in alquileres temporarios. These rentals can be booked for as little as one month and include utilities, making them ideal for new arrivals. However, they’re considerably more expensive than traditional leases and often quoted in US dollars.
Language is a significant consideration. While many agents in expat-friendly neighborhoods like Palermo, Recoleta, and Belgrano speak some English, fluency varies. Bringing a Spanish-speaking friend to viewings and contract negotiations is highly recommended. Don’t rely solely on translation apps for legal documents.
Look for agents who are members of professional associations and have verifiable listings. Be cautious of deals that seem too good to be true or requests to wire money overseas. Always visit properties in person before committing, and ensure contracts are reviewed by a local attorney.
Essential Spanish terms: inmobiliaria (real estate agency), alquiler (rental), compra/venta (purchase/sale), expensas (building fees), garantía (guarantee), depósito (deposit), contrato (contract), and escritura (property deed).
