Palermo (Soho & Hollywood) is a prime-tier Buenos Aires submarket with average asking rent around $14/sqm/mo · ≈ $15.6 PSF/yr USD.

  • Average asking rent: $14/sqm/mo · ≈ $15.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: $14/sqm/mo · ≈ $15.6 PSF/yr USD ($16 USD).
  • Citywide vacancy: 17.4% — submarket-level availability is typically tighter at prime tier.

Palermo (Soho & Hollywood), Buenos Aires office rents and availability

Palermo (Soho & Hollywood) is a prime-tier Buenos Aires submarket with average asking rent around $14/sqm/mo · ≈ $15.6 PSF/yr USD.

TL;DR

  • Average asking rent: $14/sqm/mo · ≈ $15.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: $14/sqm/mo · ≈ $15.6 PSF/yr USD ($16 USD).
  • Citywide vacancy: 17.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Palermo (Soho & Hollywood) averages around $14/sqm/mo · ≈ $15.6 PSF/yr USD for Class A, against a citywide Class A index of 14. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Tech and creative submarket. Tech (MercadoLibre, Globant), creative agencies, advertising, design firms.

Key facts

cityBuenos Aires
submarketPalermo (Soho & Hollywood)
tierprime
averageRentLocal$14/sqm/mo · ≈ $15.6 PSF/yr USD
cityClassARentUsd$16/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What is the average Class A rent in Palermo (Soho & Hollywood), Buenos Aires?
Around $14/sqm/mo · ≈ $15.6 PSF/yr USD. The citywide Class A index sits at $14/sqm/mo · ≈ $15.6 PSF/yr USD.

Related

Editorial provenance

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

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