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10 houses without heirs are auctioned in CABA: What neighborhoods are they in and how to participate in the online auction
December 15, 2023
There are 6 apartments, two houses, a plot of land with two buildings and a garage. They start with a base price from $22,333
By José Luis Cieri
On December 20, 10 properties without heirs will go up for online auction in CABA
Banco Ciudad presents a new option for those with savings to invest in properties through an online auction. The Buenos Aires institution will carry out the last online auction of the year with 10 properties without heirs on December 10, with an agreed start at 10 a.m.
On this occasion, 6 apartments of 1, 2 and 3 rooms will be offered, 2 house-type apartments, 1 land with two homes and 1 garage), located in the neighborhoods of Palermo, Balvanera, Recoleta, Villa Riachuelo, Cañitas, San Nicolás, Chas, Boedo and Núñez Park.
The auctions of real estate with vacant inheritances located in the city of Buenos Aires are carried out at Banco Ciudad on behalf and by order of the Buenos Aires Attorney General's Office, and are characterized by the diversity of properties, which can include lots, apartments, townhouses, houses, offices, commercial premises, undivided parts and garages.
The bank carries out the appraisal, exhibition and sale by public auction through the modality of online auctions, 100% digital, through an agile and secure platform that promotes accessibility, expanding the participation of interested parties throughout the country. The income obtained from auction sales goes to the Permanent Educational Fund.
The catalog of the next auction is available online (https://subastas.bancociudad.com.ar). Interested parties must register up to 48 business hours before the start and participation requires a guarantee deposit corresponding to a percentage of the base value of the property to be acquired (amount that will be returned in full in case of not bidding or that the bid is not a winner).
Property auctions for vacant inheritances arouse great interest and demand, as they constitute an excellent opportunity for the acquisition of properties for housing, development or investment.
Development of electronic bidding
On the indicated date and time, the application of offers will begin through the bank's official portal.Bids must be made only through the auction site.
Each bidder may make the number of bids it considers necessary until it is awarded or exceeded, during the duration of the public auction.
Arévalo at 2800, one of the properties that will be auctioned
The same bidder may make more than one offer for the same good, the one with the highest value always prevailing. All offers made are irrevocable and irretractable. Offers cannot be annulled and/or canceled in any case, and will only be rejected when they are surpassed by another offeror. During the procedure, offerors will be able to observe in real time the evolution of the offers made, in amount and position.
Each offer made during the bidding must exceed the previous offer, whether its own or that of another bidder.
Award
Once the auction has been carried out and each property has been awarded, the buyer will make the corresponding payments in Argentine pesos, in accordance with the price of the BNA seller-type dollar bill, according to the conditions of sale of each property found on the Auctions website of the City Bank.The funds secured as guarantee will then be returned. The total integration of the balance will be carried out within the deadlines established by the deed times, which will be led by the Attorney General's Office.
How to take part
1. Those interested must have an electronic device such as a tablet, notebook, PC, smartphone or similar with a WIFI connection.2. Register as a user on the bank's website, in “Login” (the credentials are the same as Self-Management).
Entrance area to the building located at Jean Jaures at 600
3. Entry to the Auction of interest
4. Read Conditions of Sale.
5. Transfer the security amount that enables you to participate.
6. Reception of the authorization email to be able to bid.
What are the properties like?
Below are the properties that will be auctioned on December 20.- Amenábar 1370: 2-room apartment. Surface: 59.96 square meters. Base: USD 115,300; security deposit: USD 3,459; closing time: 10.
- Jean Jaures 623/33: 3-room apartment. Area: 77.82 m2; base: USD 153,100; escrow deposit, USD 4,593; auction time: 10.45.
- Arenales 3417: 2 room apartment. Area: 45.99 m2; base: USD 161,500; security deposit: USD 4,845; auction time: 11.30.
- Austria 2435: 1 room apartment. Surface: 24.60 m2; base: USD 99,000; security deposit: USD 2,970; auction time: 12.15.
- Cañada de Gómez 4805: 3-room apartment. Area: 89.02 m2; base: USD 71,491; security deposit: USD 2,144; closing time: 13.
- Arévalo 2849/59/63: 2-room house-type apartment. Surface: 47.40 m2; base: USD 201,641; security deposit: USD 6,049; finishing time; 13.45.
- Cerrito 482/486: 2-room apartment. Surface: 37 m2; base: USD 81,573; security deposit: USD 2,447; auction time: 2:30 p.m.
- Copenhagen 1588: property made up of two homes. Land area: 137.90 m2; base: USD 283,200; escrow deposit: USD 8,496; auction time: 3:15 p.m.
- Salcedo 3902/08/12, CABA (undivided part – 1/3): 3-room house-type apartment. Area: 81.19 m2; base: USD 22,333; security deposit: USD 669; closing time: 16.
- State of Palestine 602/622, (undivided part – 1/6): car storage space. Base: USD 31,163; security deposit: USD 934; finishing time; 16.45.
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