Buenos Aires has 5 distinct Class A submarkets we track, anchored by Catalinas Norte at the trophy tier.
Buenos Aires has 5 distinct Class A submarkets we track, anchored by Catalinas Norte at the trophy tier.
**Catalinas Norte** (trophy, ~$18/sqm/mo · ≈ $20.1 PSF/yr USD) — Buenos Aires's trophy financial core. **Puerto Madero** (trophy, ~$20/sqm/mo · ≈ $22.3 PSF/yr USD) — Trophy waterfront expansion. **Microcentro** (prime, ~$12/sqm/mo · ≈ $13.4 PSF/yr USD) — Historic CBD core. **Palermo (Soho & Hollywood)** (prime, ~$14/sqm/mo · ≈ $15.6 PSF/yr USD) — Tech and creative submarket. **Zona Norte (Suburbs)** (established, ~$9/sqm/mo · ≈ $10 PSF/yr USD) — Suburban Class A campus belt.
| city | Buenos Aires |
|---|---|
| country | Argentina |
| region | Americas |
| classARentLocal | 14 USD/sqft/yr |
| classARentUsd | $14/sqft/yr |
| vacancy | 17.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 5 |
| submarkets | 5 |
| primeYieldPct | 8.8% |
| trophyCount | 2 |
| primeCount | 2 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.