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Real Estate Average Salaries in Buenos Aires 2023

How much money does a person working in Real Estate make in Buenos Aires?


Average Monthly Salary
58,900 ARS
( 707,000 ARS yearly)

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 TitleAverage Salary
Acquisition Associate43,600 ARS
Assistant Leasing Manager57,100 ARS
Assistant Property Manager56,700 ARS
Brokerage43,000 ARS
Commercial Leasing Manager84,800 ARS
Commercial Real Estate Manager94,700 ARS
Community Development Manager79,200 ARS
Compliance Specialist43,000 ARS
Development Coordinator41,300 ARS
Lease Administrator52,800 ARS
Leasing Agent43,800 ARS
Leasing Consultant54,300 ARS
Leasing Manager60,300 ARS
Lettings Assistant21,800 ARS
Portfolio Analyst 75,300 ARS
Portfolio Manager98,600 ARS
Property Acquisition Agent39,700 ARS
Property and Claims Specialist51,800 ARS
Property Manager66,100 ARS
Property Operations Manager86,600 ARS
Property Tax Assistant44,700 ARS
Real Estate Administrator46,800 ARS
Real Estate Agent42,900 ARS
Real Estate Analyst54,300 ARS
Real Estate Appraiser45,500 ARS
Real Estate Assistant41,900 ARS
Real Estate Association Manager59,900 ARS
Real Estate Broker42,800 ARS
Real Estate General Manager87,700 ARS
Real Estate Project Manager79,300 ARS
Real Estate Sales Agent43,600 ARS
Real Estate Valuer47,800 ARS
Research Analyst40,600 ARS
Residential Advisor52,500 ARS
Residential Property Manager62,800 ARS
Shopping Center Manager89,200 ARS
Town Planner91,800 ARS

Real Estate Jobs Pay Scale and Salaries in Buenos Aires

Median and salary distribution Buenos Aires Real Estate monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
51,100 ARS or more
10% of people earn
43,500 to 51,100 ARS
20% of people earn
26,900 ARS or less
65% of people earn
26,900 to 43,500 ARS
Minimum Salary
21,700 ARS
Median
51,200 ARS
Maximum
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?

Salary Comparison By Experience Level
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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.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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

Salary comparison by gender Argentina Real Estate monthly
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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
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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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.

Annual Salary Increment Rate Argentina Real Estate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Argentina / All Professions

Annual Salary Increment Rate Argentina
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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

The average salary increase in one year (12 months) in Argentina is 6%.

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

World Average Annual Salary Increment
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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?Annual Salary Bonus Rate Argentina Real Estate
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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 Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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
Percentage increase and decrease are relative to the previous value

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.

Salary trends and forecast monthly Argentina Real Estate
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Real Estate Hourly Average Wage in Buenos Aires


340 ARS per hour

The 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.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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

58,900 ARS
52,000 ARS
Average Salary
Real Estate
Average Salary
All Jobs

The average salary for Real Estate is 13% more than that of All Jobs.

Salary Comparison Between Real Estate and Real Estate monthly Buenos Aires
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Buenos Aires VS Argentina

Salary Comparison Between Buenos Aires and Argentina monthly Real Estate
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We compared Real Estate salaries in Buenos Aires and Argentina and we found that Buenos Aires salaries are 15% more than those of Argentina.

Salary Comparison By City

CityAverage Salary
Avellaneda51,600 ARS
Bahia Blanca54,900 ARS
Buenos Aires58,900 ARS
Cordoba58,400 ARS
Corrientes55,300 ARS
La Plata57,500 ARS
Lanus52,300 ARS
Mar del Plata57,100 ARS
Mendoza50,500 ARS
Neuquen53,000 ARS
Quilmes52,800 ARS
Resistencia54,100 ARS
Rosario57,900 ARS
Salta56,100 ARS
San Juan50,200 ARS
San Miguel de Tucuman56,500 ARS
Santa Fe55,600 ARS
Santiago del Estero53,600 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
Percentage increase and decrease are relative to the previous value

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


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