Centro

The downtown core around the Rambla, casino and pedestrian San Martín street, the city's commercial heart.

Updated June 17, 202611 min read

About Centro

Centro is the dense downtown of Mar del Plata, anchored by the landmark Rambla, the Casino Provincial and the pedestrianised San Martín shopping street. It fronts the central beaches and gathers the city's theatres, offices, hotels and nightlife, giving it round-the-clock activity in summer and steady weekday life year-round. Apartment towers dominate, offering a huge spread of sizes and price points. For investors, the Centro combines the strongest year-round tenant base, students, workers and tourists, with peak-season short-let demand right on the seafront. Apartments span the full US$1,200-1,800/m2 range depending on view and floor, and the depth of stock delivers excellent liquidity and flexible exit options. Gross long-let yields cluster around the ~5% national average, while Rambla-adjacent units add summer short-term upside. Full foreign ownership rights apply, with only a CDI tax ID needed to transact.

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Location

Centro in Mar del Plata, Buenos Aires, Argentina

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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