Caballito is, almost literally, the geographic centre of the city, solid, residential, middle-class in the best sense, with Parque Rivadavia, good transport and none of the pretension.
It is a local barrio, which means demand is driven by Argentines upgrading, not by tourism, and that is a healthy, durable kind of demand. For a yield-focused buyer who wants a building that stays rented to good long-term tenants, Caballito is dependable. Not flashy. Dependable.
What it costs
As of late 2025, published asking prices in Caballito sit around USD 2,250 / m² for an apartment (Zonaprop index). Keep one thing in mind: those are asking prices, not closings. What actually changes hands is usually a notch below the sticker, and negotiating that gap into your pocket is precisely what you hire a broker for.
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