Developments

Off-Plan Investment: Reference Values in Ushuaia

The price per square meter for off-plan and under-construction developments varies depending on strategic location, finishing details, and build quality. Currently, values are segmented as follows:

• Surrounding areas: prices starting from USD 1,800/m².

• City center: units starting from USD 2,400/m².

• Premium micro-center: prices between USD 2,800 and USD 4,400/m² for units with high-end finishes and exclusive views of the Beagle Channel.

At Latitud Properties, we offer a curated portfolio of off-plan developments. Contact us to learn more about available units and financing options.

Investing in the “End of the World” today offers one of the strongest returns in the region, driven by limited supply and sustained high demand. It can be broken down into two main profiles:

• Capital appreciation (off-plan sales): developments in the micro-center with views of the Beagle Channel allow investors to enter at pre-construction prices (from USD 2,800/m²) and project significant appreciation by the time of delivery, given that the current ceiling of the premium market already reaches USD 4,400/m².

• Tourism and short-term demand: Ushuaia’s consolidation as an international destination ensures occupancy levels above the national average, driving annual USD returns higher than traditional markets. Current yields range between 10% and 12% annually on average, depending on location and unit quality.

• Traditional rental income: with rents adjusted by CPI/ICL indexes, properties generate a steady cash flow. As seen in current portfolio management, high-quality apartment leases can sustain competitive values, ensuring the preservation of real capital value and rental returns that can reach up to 10% annually of the property’s value. Ushuaia is positioned as one of the cities with the second-highest per capita income in the country and an extremely low unemployment rate. This environment ensures stable rental income, low default rates, and continuously unmet housing demand.

The main advantage of investing in an off-plan development is capital appreciation. This modality allows investors to acquire units at base prices (from USD 2,800/m²) and project significant value growth upon completion, considering that the current ceiling of the premium market in the city already reaches USD 4,400/m².

Strategic Benefits:

• Greater selection: at the early stage of construction, investors have a wider range of options to choose the best units (Beagle Channel views, orientation, and floor level).

• Profitability through progress: a common strategy is to purchase at the beginning of construction and exit (sell) once the project reaches a significant level of completion or at delivery.

• Estimated capital gain: the price difference between the off-plan stage and the finished unit is estimated to range between 30% and 40% appreciation over the initial invested capital.

Latitud Properties markets under-construction developments and new real estate projects in Ushuaia, Tierra del Fuego. The currently available development is Insignia Residences, a residential building located in the heart of the micro-center on Gobernador Deloqui Street, 100 meters from San Martín Avenue and 200 meters from the Beagle Channel. It offers units starting from USD 82,000 at a special launch price, with delivery scheduled for October 2026 and different financing options available. Please check availability and the updated price list directly with our team.

Upcoming Launch: Insignia Residences II 🏗️

We are proud to announce that, in mid-year, the second phase of the emblematic development will be launched: Insignia Residences II.

This new tower will feature 1 to 3-room units, designed with larger floor areas and the spectacular Beagle Channel views that characterize the project. Construction will begin immediately next to the first building, maintaining the quality standards and structural integrity that define our development company.

Investing in an off-plan development in Ushuaia allows investors to enter the market before the property reaches its final completed value. In addition, real estate assets in Tierra del Fuego are exempt from VAT, Income Tax, and Personal Assets Tax under Law 19,640, which significantly reduces the investor’s tax burden.

The city’s population growth and sustained rental demand ensure that units achieve high occupancy rates from the moment of delivery.

Real estate developments in Ushuaia offer direct financing from the developer, without the need to access a mortgage loan. At Insignia Residences, the payment plan consists of a 50% down payment plus 12 monthly installments with 2 additional reinforcement payments during the construction period, along with special discounts for cash payments.

At Latitud Properties, we support each buyer in defining the most suitable option based on their profile and investment capacity.

Buying in an under-construction development in Ushuaia allows investors to enter at launch prices, own a brand-new unit, and in some cases customize finishes. A resale property, on the other hand, is available immediately and may be eligible for mortgage financing.

In both cases, real estate assets in Tierra del Fuego are exempt from national taxes under Law 19,640. The best option depends on the investment horizon, the intended use of the unit, and each buyer’s available funds.

Real estate projects in Ushuaia combine a unique location in the Argentine Patagonia with an exceptional tax regime. Law 19,640 exempts buyers from paying VAT, Income Tax, and Personal Assets Tax on real estate transactions in Tierra del Fuego. This is further supported by high provincial per capita income, the growth of international tourism, and limited urban land supply—factors that sustain property value appreciation in the medium and long term.

In summary, Ushuaia represents a unique strategic opportunity that combines sustained population growth with a booming international tourism sector. Its investment ecosystem stands out for:

• Exclusive tax benefits: thanks to Law 19,640, real estate transactions are exempt from VAT, Income Tax, and Personal Assets Tax, maximizing net investment returns.

• Profitability and stability: with one of the highest per capita incomes in Argentina, the city ensures constant housing demand and an almost non-existent default rate.

• Safety and well-being: it is one of the safest cities in the country, offering a peaceful environment ideal for families and new businesses.

• Environmental commitment: certified as a carbon-neutral tourist city, Ushuaia offers a pollution-free environment and clean air, an added value for those seeking quality of life in contact with nature.

• USD-denominated returns: when properties are rented on a short-term basis to tourists, yields are generally above the national average, with income in foreign currency—an important long-term hedge.

• Strategic location: Ushuaia is the country’s only gateway city to the Antarctic continent and a key port for international cruise ships, generating significant economic activity and passenger flow that sustains demand for the destination.

Ushuaia is the most attractive real estate market in Argentina for several reasons:

1. Income in U.S. dollars: an international tourism hub and the gateway to Antarctica. Ushuaia is Argentina’s most attractive market for those seeking short-term rental income (Airbnb) and long-term value preservation.

2. Population growth: it has the highest demographic growth rate in Argentina due to both natural population growth and labor-driven migration.

3. High accommodation demand: Ushuaia (Tierra del Fuego) is one of the most dynamic real estate markets in the country. It is an international destination with peak tourist seasons in both winter and summer, and demand for accommodation consistently exceeds supply.

4. Tax exemption regime: the province benefits from the industrial and fiscal promotion framework established under Law 19,640, under which investments are exempt from certain national taxes on ownership and profits. This is one of the most attractive advantages when calculating after-tax returns.

Ushuaia is more attractive than other cities because it is an international tourism hub and the gateway to Antarctica. Ushuaia is Argentina’s most attractive market for those seeking short-term rental income (Airbnb) and long-term value preservation. In addition, it has the highest population growth rate in Argentina due to both natural population growth and labor-driven migration.

It is one of the most dynamic markets in the country and an international destination with peak tourist seasons in both winter and summer, and the demand for accommodation consistently exceeds supply.

Finally, Ushuaia benefits from a national tax exemption regime, as the Province of Tierra del Fuego is covered by the industrial and fiscal promotion framework established under Law 19,640, through which investments are exempt from certain national taxes on ownership and profits. This is one of the most attractive advantages when calculating after-tax returns.

At Latitud Propiedades, we are convinced that Ushuaia is one of the best places to invest in real estate in Argentina. The city offers a unique combination of factors: a tourism industry that continues to grow year after year, a limited supply of properties, attractive tax benefits, and strong rental demand, both for short-term tourist accommodations and long-term residential housing, driven by population growth, labor migration, and international tourism.

This means that investing in Ushuaia not only provides the opportunity to generate rental income, but also to benefit from long-term property appreciation.

While other markets are more dependent on economic cycles, Ushuaia maintains strong fundamentals that make it an increasingly attractive option for investors from across the country and abroad.

At Latitud Propiedades, we have first-hand knowledge of the local market and guide each investor in identifying concrete opportunities, helping them make informed decisions and take full advantage of everything Ushuaia has to offer today.

If you are looking for an investment backed by a tangible asset, with the ability to generate income and the potential for long-term appreciation, real estate is often one of the most solid alternatives. Unlike a financial investment, a property is a real asset that you can see, manage, and benefit from while it increases in value over time.

In addition, location makes all the difference. In Ushuaia, the combination of a limited supply of properties, growing tourism, and sustained rental demand creates highly attractive conditions for those looking to invest in real estate.

At Latitud Propiedades, we specialize in identifying investment opportunities in Ushuaia, guiding each client toward properties with genuine rental income potential and long-term appreciation. Because a good investment depends not only on the asset itself, but also on the market in which you choose to invest.