What is the average Class A rent in Buenos Aires?

Around 14 USD/sqft/yr ($14 USD) across the broader Class A index. Trophy submarkets like Catalinas Norte command 20–40% above that.

How many months of rent-free are normal in Buenos Aires?

5 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Buenos Aires?

The Buenos Aires Class A market is currently flat. Vacancy is 17.4%, which sets the negotiating context.

Headline Class A rent in Buenos Aires is around 14 USD/sqft/yr ($14 USD), with 5 months of typical rent-free on a 5-year term.

Headline Class A rent: 14 USD/sqft/yr ($14 USD).
Trophy submarket rents (Catalinas Norte) push to roughly $18/sqm/mo · ≈ $20.1 PSF/yr USD.
Typical concessions on a 5-year deal: 5 months free rent.
Vacancy stands at 17.4% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Buenos Aires Class A office rents and incentives

Headline Class A rent in Buenos Aires is around 14 USD/sqft/yr ($14 USD), with 5 months of typical rent-free on a 5-year term.

TL;DR

Headline Class A rent: 14 USD/sqft/yr ($14 USD).
Trophy submarket rents (Catalinas Norte) push to roughly $18/sqm/mo · ≈ $20.1 PSF/yr USD.
Typical concessions on a 5-year deal: 5 months free rent.
Vacancy stands at 17.4% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Buenos Aires are quoted in USD per sqft per year. Across the broad Class A index the figure is 14, but the trophy tier in Catalinas Norte reaches roughly $18/sqm/mo · ≈ $20.1 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Buenos Aires concessions on a 5-year Class A lease run to 5 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 25-35% Argentine federal corporate income tax (graduated). 21% VAT. Gross income tax (provincial), various municipal taxes. FX restrictions and capital controls historically apply.

Where rents land by submarket

Catalinas Norte sits at the top end (~$18/sqm/mo · ≈ $20.1 PSF/yr USD). Microcentro clears around $12/sqm/mo · ≈ $13.4 PSF/yr USD as the prime tier. Zona Norte (Suburbs) represents the value end at ~$9/sqm/mo · ≈ $10 PSF/yr USD. The full submarket map is on the Buenos Aires city page.

Key facts

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%
trophyRent	$18/sqm/mo · ≈ $20.1 PSF/yr USD
primeRent	$12/sqm/mo · ≈ $13.4 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Buenos Aires?: Around 14 USD/sqft/yr ($14 USD) across the broader Class A index. Trophy submarkets like Catalinas Norte command 20–40% above that.
How many months of rent-free are normal in Buenos Aires?: 5 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Buenos Aires?: The Buenos Aires Class A market is currently flat. Vacancy is 17.4%, which sets the negotiating context.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction