Argentina Expat Forum - rental prices countryside Mendoza?

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Glacier
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2/12/2011 14:40    
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Hi,

I'm considering moving to the countryside of the Mendoza province.
What rental prices can I expect for an apartment or small house? Thanks.

TomP
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2/13/2011 09:08    
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Glacier,

My wife and I have lived in Mendoza City for almost 3 years. We are building vineyards in San Rafael a quaint city 2.5 hours south of Mendoza. You mention renting a place in the countryside of Mendoza so I am not sure what you mean or how rural and rustic you will accept.

One thing for sure if you live in the Mendoza countryside you may need a car and used cars here are very expensive. Buying a new car will cost you 50% more than in the USA.

Getting to your question, you can rent a Condo in the heart of Mendoza city from about US$600 - $1,000. Many Argentine owners will not rent to an American unless the lease is guaranteed (co-signed) by an Argentine even if you offer to pre-pay rent for an entire year. Nice homes on the outskirts of Mendoza, 15 - 30 minutes will bring US$1,000 - US$q,500 and more. You may have heard stories about someone who rented a home for US$250 a month but such stories don't tell you the home was a former worker's house and quite frankly these type of houses are often old, tired hovels.
If you can give me more specifics I can give you more definitive answers.

TomP
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2/13/2011 09:08    
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Glacier,

My wife and I have lived in Mendoza City for almost 3 years. We are building vineyards in San Rafael a quaint city 2.5 hours south of Mendoza. You mention renting a place in the countryside of Mendoza so I am not sure what you mean or how rural and rustic you will accept.

One thing for sure if you live in the Mendoza countryside you may need a car and used cars here are very expensive. Buying a new car will cost you 50% more than in the USA.

Getting to your question, you can rent a Condo in the heart of Mendoza city from about US$600 - $1,000. Many Argentine owners will not rent to an American unless the lease is guaranteed (co-signed) by an Argentine even if you offer to pre-pay rent for an entire year. Nice homes on the outskirts of Mendoza, 15 - 30 minutes will bring US$1,000 - US$q,500 and more. You may have heard stories about someone who rented a home for US$250 a month but such stories don't tell you the home was a former worker's house and quite frankly these type of houses are often old, tired hovels.
If you can give me more specifics I can give you more definitive answers.

MendozaHomes
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2/22/2011 13:28    
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Hi

This is Leandro a real estate agent in Mendoza. Can I help you!!
For example a house in mendoza city or around mendoza city the price is 500usd 3 bedroom. Small apartment depending amenities is 500-800-1000usd for 2-3 bedroom.
Chacras de corea area a house the price 800-1000 usd.
This prices are without fournished.
If you need help, contact me.
Best four you

Glacier
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2/23/2011 13:47    
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thanks for your answers.
I'll pass on Argentina for now because of the very high inflation. I would choose Chili at the moment.

TomP
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2/23/2011 16:34    
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Glacier,

Prices in Chile are 25% - 50% higher than Argentina. Good luck.

Suggest you do your homework before you depart.

If it's simply a matter of the cheapest place to live there are many places cheaper than Argentina and Chile.

MendozaHomes
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2/23/2011 16:49    
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I think same of Tomp, 1000 pesos chilenos is 8 pesos argentinos. Is better Argentina or other options is work in chile and invest in Argentina.

Regards

Leandro

Glacier
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2/24/2011 12:17    
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I'm in the process of doing my homework. Not going anywhere yet :-)

I've now switched to Portugal. I'm actually from nothern Europe so that would be a lot closer.

Rental prices of a small stand alone house start at 150 Euros/$200. Check out remax.pt for that.

I do expect Portugal will need a bailout. We'll see how that plays out.
I'll check out Spain too.

petemacca
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2/26/2011 13:43    
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Hi Tom
You seem to be a wealth of good positive info. Im from scotland but live in BA. looking to move to the mendoza region. will prob look to rent first the buy later...maybe do something up...how do you rate the builders there & is the cost of materials/labour expensive..looking to visit your area april time...thanks...pete

TomP
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2/27/2011 06:13    
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Pete,

Nice to hear from you and it sounds like you about to begin a great journey.

The funny thing is my wife and I live in Mendoza exclusively as we are developing a 108 acre vineyard project in San Rafael, a quaint city about a 2½ hour drive south of Mendoza. See www.Argentinevineyardsforsale.com.

To specifically answer your questions about materials and labor, it is quite affordable here but like in any country you must be careful to hire the right people. One key suggestion would be to pay for work completed, not work to be completed. That way you will never be left holding the bag because a worker(s) ran off with you money.

Skilled workers, masonry, tile, carpenter can cost 100 – 150 AR Pesos a day or US$25.00 – US$37.50. Building from scratch and not including the cost of the land will run from US$50 – US$100 per square foot or US$525 – US$1,050 per square meter.

If you are skilled at renovating a home and patient and speak Spanish buying a fixer upper and remodeling it can be a smart move.

However, and ironically not too long ago many homes in the UK, USA, Ireland and probably Scotland easily fetched US$450,000 – US$600,000 and more. Now the same homes are being sold for nickels and dimes while very modest homes in Mendoza never dropped because there is no Mortgage Industry here (all cash) and these homes sell for quite high prices. I do not believe there are any cheap
Homes in Mendoza, e.g. US$25,000 – US$75,000 that you would want to live it including the area.

Also, like many parts of the world, right now it is cheaper to rent than own. Why buy a Condo for US$200,000 when you can rent it for US$750 a month. You might consider, if you have the capital, to buy a lot and build a new home and then live in it or sell it. Or, there are some lovely small orchards or vineyards that need help and where you might redo the worker’s house and even build your own home on the vineyard. Don’t assume you can rebuild a worker’s house, kick him out and move in and then expect him to be loyal to you.

Anyway, those are a few ideas and until one knows your skills and capital resources it is all rather abstract.

Please keep me informed. My wife and I will be in Mendoza until May 1, 2011 and we welcome you to contact us if you visit here. We can save you a lot of time by directing you where to go to get what you want.

sherylzeunert
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3/7/2011 18:57    
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My husband and I are currently looking to rent in Mendoza for 2 months. Any suggestion? We're looking online and haven't found the right apartment yet.

Thanks,
Sheryl

sherylzeunert
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3/7/2011 19:01    
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My husband and I are also planning a move to Mendoza. We have 2 months to check out the city. Do you have any suggestions on renting? We're looking online, either apartments are geared towards students (we're in our 40's) or they are rent by the day type of holiday apartments. We just need a nice furnished, not too expensive apartment with the internet. Any suggestions?

Thanks,
Sheryl

TomP
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3/8/2011 05:50    
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Sheryl,

I suggest you provide two things first so that readers can help you.

1. What time frame. From when to when do you need the unit?

2. Budget. I do not have a clue what rent expectations you have. I understand being cautious because many Argentine Realtors will only show you properties at the top end of your budget. However, some people have been mislead to believe they can come to Mendoza and rent a lovely place nicely furnished for US$250 a month. It's just not going to happen.

If you can answer the two questions I am willing to take the time and answer back.

Sincerely,

Tom Phelan

sherylzeunert
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3/8/2011 13:46    
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Hi Tom,
Thanks for getting back to me. Sorry I wasn't more clear. We will be in Mendoza March 14 - May 14. We're currently in La Serena, Chile. We spent a month in BA and 2 months in Salta, but lucked into apartments in both places.

Our price range for a furnished apartment with WIFI would be up to $1,800 per month. (USD). Although of course we'd like to come in below that.

I hope my last post didn't imply that I expected you to find me an apartment. I just meant, do you know of any rental agencies, or groups that are perhaps not easily found on the internet.

Thanks so much for your help,
Sheryl

TomP
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3/8/2011 16:41    
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Sheryl,

I will talk to a few people I know.

Your budget is fine especially considering the fact you only want two months. Most rentals go up monthly for short term and furnished units.

I'll touch base with you by the weekend.

Tom

TomP
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3/8/2011 16:41    
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Sheryl,

I will talk to a few people I know.

Your budget is fine especially considering the fact you only want two months. Most rentals go up monthly for short term and furnished units.

I'll touch base with you by the weekend.

Tom

sherylzeunert
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3/8/2011 17:32    
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Tom,
Thanks so much!!! I really appreciate it!!

Sheryl

MendozaHomes
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4/23/2011 01:11    
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Sorry long time without visit the website. Did you rent an apartment?? Maybe can I help you?

Best for you

MendozaHomes
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4/28/2011 20:11    
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Hi all

We are renting the apartment to Sheryl.
We would like to know her opinion, I think is good for the rest of the people.

Regards

sherylzeunert
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4/28/2011 22:23    
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Hi,
Leandro helped us rent a great apt in Mendoza. He's been really helpful and the apt is awesome. I wish we were staying longer, this apt feels like home.

Sheryl

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