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Written by kishanroy » Updated on: September 23rd, 2024
Argentina Real Estate Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 3.20% (2024-2032)
The inflation and currency instability in Argentina are affecting property investments. According to the latest report by IMARC Group, The Argentina real estate market size reached USD 42.3 Billion in 2023. Looking forward, the market to reach USD 55.12 Billion by 2032, exhibiting a growth rate (CAGR) of 3.20% during 2024-2032.
Argentina Real Estate Industry Trends and Drivers:
Many people are turning to real estate as a hedge against inflation, which is leading to an increase in the demand for properties, especially in areas like Buenos Aires. Apart from this, rapid urbanization and population growth are creating demand for residential and commercial spaces in metropolitan areas. Cities like Buenos Aires, Córdoba, and Rosario are seeing expansions on account of internal migration, with people moving from rural areas for better job opportunities. The rising demand for real estate because of improving living conditions of individuals is contributing to the market growth. In addition, governing agencies in Argentina are implementing several policies and reforms. They are stabilizing the economy, promoting foreign investment, and incentivizing construction projects, which is encouraging developers and buyers to invest in properties. Tax exemptions and subsidies for new housing developments are leading to an increasing number of residential as well as commercial properties. Moreover, governing authorities are focusing on improving transportation and utilities to make certain regions more attractive for real estate investments.
The escalating demand for real estate due to the thriving tourism industry, especially in regions like Patagonia and Mendoza, is strengthening the growth of the market. These areas are attracting both local and international visitors looking for unique experiences, and many property buyers are tapping into this market by investing in short-term rental properties. People are increasingly preferring vacation homes and rental properties that provide superior convenience and experience to tourists. In line with this, the rising remote work culture is catalyzing the demand for residential spaces among workers in the country. With more professionals working from home, there is a greater need for properties that offer comfortable home office setups. People in suburban and smaller towns are increasingly preferring affordable housing options and a better quality of life.
Grab a sample PDF of this report: https://www.imarcgroup.com/argentina-real-estate-market/requestsample
Argentina Real Estate Industry Segmentation:
The report has segmented the market into the following categories:
Property Insights:
Business Insights:
Mode Insights:
Regional Insights:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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