Overview
- The repeal of the Ley de Alquileres triggered a large increase in rental listings that pushed market supply well above the lows seen during the law’s effect and gave tenants more choices.
- Gross rental yields in the City of Buenos Aires reached a multi‑year high of about 5.9%, which Zonaprop calculates as roughly 16.8–17 years to recover an investment based on May 2026 data.
- Yields are highly uneven across the city with the highest gross returns concentrated in lower‑priced southern barrios such as Villa Lugano (about 10.7%) and Villa Riachuelo, while premium areas like Puerto Madero show much lower returns (around 3.6%).
- Mortgage activity has recovered from pandemic lows but remains limited to a minority of transactions, with mortgage‑backed deeds at roughly 11% of escrituras and buyer demand focused on properties under US$100,000 and PH units.
- For renters the shift matters now: increased supply has restored bargaining power, kept rent growth close to the ICL and slightly below inflation in recent months, and could keep long‑term pressure on rental prices unless mortgage credit expands further.