Real Estate Sales “Real estate auctions”: These properties are located in the city and can be purchased in pesos

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“Real estate auctions”: These properties are located in the city and can be purchased in pesos - La Nacion Propiedades



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“Subastas inmobiliarias”: estas propiedades están en la ciudad y se pueden comprar en pesos

El 23 de abril rematarán inmuebles en Villa Crespo, Flores, Balvanera, Villa General Mitre y Villa Urquiza; se podrán pagar en pesos

www.lanacion.com.ar

April 07, 2025


On April 23, properties will be auctioned in Villa Crespo, Flores, Balvanera, Villa General Mitre, and Villa Urquiza; payments can be made in pesos.

Banco Ciudad will auction off residential units in Villa Crespo, Flores, and Villa General Mitre, a garage in Balvanera, and a plot of land in Villa Urquiza. gentleness



On April 23, Banco Ciudad will hold a public auction of uninhabited properties located in various neighborhoods of Buenos Aires. These include units located in Villa Crespo, Flores, and Villa General Mitre, a garage in Balvanera, and a vacant lot in Villa Urquiza.



The unique feature of this auction is that prices are expressed in dollars, but payments can be made in pesos at the official exchange rate of the day. Base prices range from US$7,592 for a garage to US$67,600 for a home , while the land starts at US$580,520.

In Flores​

Located at Culpina 17/21 , this three-bedroom apartment for auction has a surface area of 69.76 m². Its layout includes a spacious entrance hall, a living-dining room, two bedrooms, a bathroom, and a kitchen with a separate laundry room. The property also has a maid's bedroom and bathroom, making it a functional and practical option. The base price for this property is US$67,600, with a US$2,028 security deposit.

The residential unit includes a living-dining room, two bedrooms, a kitchen with a laundry room, a full bathroom, and a service room and bathroom.gentleness

In Villa Crespo​

This studio apartment , located on the ground floor at Aráoz 1020 , has a surface area of 22.12 m². The property consists of a single room divided into a living room and bedroom, with a kitchen facing the street, an internal passageway, and a bathroom. Its location allows easy access and offers the possibility of enjoying the proximity to the surrounding area. The base price of the property is US$21,869 with a security deposit of US$656.07.

With 22 m² on the ground floor, this studio apartment has a living-bedroom, kitchen facing the street and bathroomgentleness

In Balvanera​

This private garage is located on the third basement level of Presidente Perón 2425/31 . It is a walk-through space designed for vehicle storage, with access via a vehicle ramp and a staircase from the first basement level. The property also features an automatic gate and access control system, ensuring greater convenience and security. The base price is US$7,592, with a US$227.76 security deposit.

The garage to be auctioned is located on the third basement floor of this building located at 2425/31 Presidente Perón Street.

The garage is a walk-through space with access via a vehicle ramp and stairs from the first basement.gentleness

Villa General Mitre​

One of the units up for auction is located at 1835/37 Caracas Street . It is an undivided third of a ground-floor multi-family home. The property comprises two dwellings with separate entrances : one at the front and one at the rear.

The property, on the ground floor and with two independent units, has patios, bedrooms, kitchen, bathroom and terrace, although it requires complete renovation.Google Maps



The first has a courtyard , bedrooms, a kitchen, a bathroom, and a terrace; while the second has a central courtyard , two bedrooms, a kitchen, a dining room, a bathroom, and a terrace.

The overall condition is very poor, requiring a complete renovation. Purchasing an undivided third implies sharing ownership with other co-owners , a common condition in this type of auction.

The base price is US$36,959 , and the security deposit to participate in the auction is US$1,108.77.

In Villa Urquiza​

This lot , located at 5434/38/42 Franklin Roosevelt Avenue , has a regular surface area of 10 meters wide by 28 meters deep , with a northeast-southwest orientation. Although the land is described as unimproved, it contains a two-story residential building. Located on an atypical block, it is close to the Mitre Railway line, making it a property with great potential for urban or residential development . The base price is US$580,520 , with a security deposit of US$17,415.60.

With 10 m frontage by 28 m depth, this lot includes a two-story building and offers great potential for development.

How to participate in auctions​

Auctions of vacant real estate properties in the City of Buenos Aires are held at Banco Ciudad on behalf of the Buenos Aires City Attorney's Office. These properties may include lots, apartments, townhouses, houses, offices, commercial premises, undivided shares, and garages. Banco Ciudad conducts the appraisal, exhibition, and sale by public auction online , 100% digitally, allowing interested parties nationwide to participate. The proceeds from these sales are legally designated to the Permanent Education Fund.



Interested parties must register up to 48 business hours before the auction begins, and participation requires a deposit equal to a percentage of the base value of the property they wish to purchase (which will be fully refunded if they do not bid or if the bid is unsuccessful). The successful bidder may request ownership and pay the balance in advance after signing the purchase agreement.

Steps to follow:

• Register as a user at https://subastas.bancociudad.com.ar/ , under “Login” (the credentials are the same as Self-Management).
• Enter the Auction of interest at https://subastas.bancociudad.com.ar/
• Read the Conditions of Sale.
• Make the transfer of the deposit amount that enables participation.
• Receipt of the enabling email to be able to bid on the corresponding date

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