Why those who bought land in 2023 made a good deal
Developers who purchased land during a challenging economic period are entering 2026 with a competitive advantage over those who waited for better conditions.
In Argentina's real estate market, a prevailing unwritten rule suggests that the best business deals often arise not when the market seems favorable but during times of adversity. This trend was evident between 2023 and 2024, a period characterized by high construction costs and low demand when buying land seemed to be a risky venture. However, as it stands at the beginning of 2026, those developers who took the plunge to invest in land during this challenging phase now appear to be reaping the benefits of their foresight.
At that time, many developers opted to maintain liquidity and wait for conditions to improve, while a smaller group decided to adopt a long-term perspective and invest in land at historically low prices. This decision now shows a clear competitive edge, as the long-term trends in the market began to shift. By purchasing land in a slow market, these developers were able to acquire it at a significantly lower cost, which will prove advantageous as the market rebounds.
As the real estate landscape transforms, the strategic decisions made in 2023 will likely influence the competitive dynamics within the industry moving forward. It highlights the importance of understanding market cycles and the potential rewards of taking calculated risks during periods of uncertainty, ultimately suggesting that those willing to invest in less favorable conditions may find themselves well-positioned as economic dynamics change.