Real Estate Average Salaries in Buenos Aires 2023
How much money does a person working in Real Estate make in Buenos Aires?
LOW
21,700
ARS AVERAGE
58,900
ARS HIGH
101,000
ARS
A person working in Real Estate in Buenos Aires typically earns around 58,900 ARS per month. Salaries range from 21,700 ARS (lowest average) to 101,000 ARS (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Real Estate careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
| Job Title | Average Salary |
| Acquisition Associate | 43,600 ARS |
| Assistant Leasing Manager | 57,100 ARS |
| Assistant Property Manager | 56,700 ARS |
| Brokerage | 43,000 ARS |
| Commercial Leasing Manager | 84,800 ARS |
| Commercial Real Estate Manager | 94,700 ARS |
| Community Development Manager | 79,200 ARS |
| Compliance Specialist | 43,000 ARS |
| Development Coordinator | 41,300 ARS |
| Lease Administrator | 52,800 ARS |
| Leasing Agent | 43,800 ARS |
| Leasing Consultant | 54,300 ARS |
| Leasing Manager | 60,300 ARS |
| Lettings Assistant | 21,800 ARS |
| Portfolio Analyst | 75,300 ARS |
| Portfolio Manager | 98,600 ARS |
| Property Acquisition Agent | 39,700 ARS |
| Property and Claims Specialist | 51,800 ARS |
| Property Manager | 66,100 ARS |
| Property Operations Manager | 86,600 ARS |
| Property Tax Assistant | 44,700 ARS |
| Real Estate Administrator | 46,800 ARS |
| Real Estate Agent | 42,900 ARS |
| Real Estate Analyst | 54,300 ARS |
| Real Estate Appraiser | 45,500 ARS |
| Real Estate Assistant | 41,900 ARS |
| Real Estate Association Manager | 59,900 ARS |
| Real Estate Broker | 42,800 ARS |
| Real Estate General Manager | 87,700 ARS |
| Real Estate Project Manager | 79,300 ARS |
| Real Estate Sales Agent | 43,600 ARS |
| Real Estate Valuer | 47,800 ARS |
| Research Analyst | 40,600 ARS |
| Residential Advisor | 52,500 ARS |
| Residential Property Manager | 62,800 ARS |
| Shopping Center Manager | 89,200 ARS |
| Town Planner | 91,800 ARS |
Real Estate Jobs Pay Scale and Salaries in Buenos Aires
Salary Structure and Pay Scale Comparison
51,100 ARS or more
43,500 to 51,100 ARS
26,900 ARS or less
26,900 to 43,500 ARS
 21,700 ARS |
51,200 ARS |
101,000 ARS |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Real Estate salaries in Buenos Aires range from 21,700 ARS per month (starting average salary) to 101,000 ARS per month (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
Median Salary
The median salary is 51,200 ARS per month, which means that half (50%) of people working in Real Estate are earning less than 51,200 ARS while the other half are earning more than 51,200 ARS. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles and Salary Scale
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 39,400 ARS while 75% of them are earning more than 39,400 ARS. Also from the diagram, 75% of people working in Real Estate are earning less than 60,500 ARS while 25% are earning more than 60,500 ARS.
Pay Scale Structure
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 26,900 ARS to 43,500 ARS. Approximatly 20% fall under the 26,900 ARS cap. Ten percent of wages are from 43,500 ARS to 51,100 ARS. Only 5% of people grossed 51,100 ARS or more.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Salary Comparison By Education
How does the education level affect your salary?
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Argentina costs anywhere from 226,000 Argentine Peso(s) to 677,000 Argentine Peso(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Salary and Compensation Comparison By Gender - Real Estate
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Argentina who work in Real Estate earn 6% more than their female counterparts on average.
| Male | 52,500 ARS | |
| Female | -6% | 49,500 ARS |
Salary Comparison By Gender in Argentina for all Careers
Real Estate Average Annual Salary Increment Percentage in Argentina
How much are annual salary increments in Argentina for Real Estate professionals? How often do employees get salary raises?
Real Estate
Real Estate professionals in Argentina are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Argentina / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Annual Increment Rate By Industry 2022
| Banking | 1% | |
| Energy | 2% | |
| Information Technology | 3% | |
| Healthcare | 4% | |
| Travel | 5% | |
| Construction | 6% | |
| Education | 7% |
Listed above are the average annual increase rates for each industry in Argentina for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Real Estate Bonus and Incentive Rates in Argentina
How much and how often are bonuses being awarded?
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Real Estate is considered to be a moderate bonus-based field. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
53% of surveyed staff in Real Estate reported that they haven't received any bonuses or incentives in the previous year while 47% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 47% | |
| No Bonus | 53% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Real Estate Salary Forecast and Trend in Argentina
How do Real Estate salaries change over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 46,600 ARS | |
| Average Salary 2020 | +2% | 47,500 ARS |
| Average Salary 2021 | +2% | 48,500 ARS |
| Average Salary 2022 | +2% | 49,800 ARS |
Real Estate salaries in Argentina are rising in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 2% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.
Real Estate Hourly Average Wage in Buenos Aires
340 ARS per hourThe average hourly wage (pay per hour) in Buenos Aires is 340 ARS. This means that the average person in Buenos Aires earns approximately 340 ARS for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
This minimum pay rate per hour for a person in Buenos Aires is 130 ARS. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Real Estate VS Other Jobs
The average salary for Real Estate is 13% more than that of All Jobs.
Buenos Aires VS Argentina
Salary Comparison By City
| City | Average Salary |
| Avellaneda | 51,600 ARS |
| Bahia Blanca | 54,900 ARS |
| Buenos Aires | 58,900 ARS |
| Cordoba | 58,400 ARS |
| Corrientes | 55,300 ARS |
| La Plata | 57,500 ARS |
| Lanus | 52,300 ARS |
| Mar del Plata | 57,100 ARS |
| Mendoza | 50,500 ARS |
| Neuquen | 53,000 ARS |
| Quilmes | 52,800 ARS |
| Resistencia | 54,100 ARS |
| Rosario | 57,900 ARS |
| Salta | 56,100 ARS |
| San Juan | 50,200 ARS |
| San Miguel de Tucuman | 56,500 ARS |
| Santa Fe | 55,600 ARS |
| Santiago del Estero | 53,600 ARS |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 43,600 ARS | |
| Public Sector | +7% | 46,400 ARS |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for Real Estate in Buenos Aires?
A good and competitive compensation would range anywhere between 51,200 ARS and 60,500 ARS. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.
Base / Basic Salary
The base salary for Real Estate in Buenos Aires is ranges from 39,400 ARS to 60,500 ARS. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
