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Real Estate Sales The five properties that are being auctioned in pesos in Palermo, Caballito and other neighborhoods - La Nacion Propiedades

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From a PH to a studio apartment: the five properties that are being auctioned in pesos in Palermo, Caballito and other neighborhoods - La Nación Propiedades

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July 11, 2024

What are the five properties that will be auctioned at the end of July like and where are they located?

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In Caballito, Palermo, Balvanera and Villa Ortúzar, five properties are being auctioned off this month in pesos DIEGO SPIVACOW


Five units distributed throughout the Autonomous City of Buenos Aires will be auctioned on July 31st starting at 10 am through Banco Ciudad. One of them is located in Palermo , two others in Balvanera , one in Caballito and the other in Villa Ortúzar .

The properties are characterized by having low initial prices , in this case from US$44,240 to a base value of US$153,580 . All of them have a public exhibition date, prior to the date of the auction . And payment is made in pesos.


In Palermo: two environments

The Palermo neighborhood has a one-bedroom apartment , which has a total area of 34 m² . This unit will start at a base price of US$51,600 and a security deposit of US$1,584.

This property is located at 3539 Córdoba Avenue on the eighth floor. It has a bedroom with a closet, a bathroom, a kitchen and a living/dining room. It will be on display on July 17 from 9 a.m. to 12 p.m.


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One bedroom on Cordoba Avenue 3539 8th floor

In Balvanera: a studio apartment and a four-bedrooms apartment

This neighborhood will also be auctioned on July 31, as a studio apartment in Balvanera will be sold at auction . This property is located at Hipólito Yrigoyen 2520 on the fourth floor. Its base price is US$44,240 and its security deposit is US$1,327.

This apartment features: a balcony, bathroom and integrated kitchen. The total square footage is 31.6 m² , it will be auctioned on July 31 at 10:45 am and will be open to the public as an exhibition on July 18 from 9 am to 12 pm.


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A studio apartment at Hipólito Yrigoyen 2520 on the fourth floor

This four-bedrooms apartment located in the Balvanera neighborhood is also up for auction. It is located on Avenida Córdoba 2462 on the fifth floor . Its base price is US$153,580 and the security deposit is US$4,607.

You enter through a hall, it has a kitchen, a pantry, a toilet and a bedroom. On the other wing of the house, there is a living/dining room, a full bathroom and three bedrooms. All this gives a total of 109.7 square meters .

In this case, it will be exhibited on July 19th also from 9 a.m. to 12 p.m.


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On Córdoba Avenue 2462 on the fifth floor

A PH in Caballito

At Fragata Presidente Sarmiento 1629 there is a one-bedrooms “ PH- type ” apartment that will be presented at the Banco Ciudad auction on July 31. It has a hall, two bedrooms, a kitchen, a bathroom and a patio. It has a surface area of 56 m² and is distributed over two floors.

It will have a starting price of US$84,090 , a security deposit of US$2,522 and will be on display on July 22 from 9 a.m. to 12 p.m.


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A PH in Frigate Presidente Sarmiento 1629

In Villa Ortúzar: two environments

The Villa Ortuzar neighborhood has a one-bedroom apartment at Charlone 2194. This property, which is located on the eighth floor, has 54.69 m² and will be on display on July 23 from 9 a.m. to 12 p.m.

The base price is US$120,318 and the security deposit is US$3,609. It includes a living/dining room (with balcony access), a bedroom (with a second balcony), a kitchen and a full bathroom.

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A one-bedroom apartment on the eighth floor of Charlone 2194

What are auctions for vacant inheritances and how to participate?

The auctions of real estate with vacant inheritances in the City of Buenos Aires are carried out at Banco Ciudad on behalf of and by order of the Attorney General of the City of Buenos Aires, and are characterized by the diversity of properties offered, which may include lots, apartments, PHs, houses, offices, commercial premises, undivided parts and garages. Banco Ciudad carries out the appraisal, exhibition and sale by public auction using the online modality , 100% digital. The income obtained from these sales is destined by law to the Permanent Education Fund.

Interested parties must register up to 48 business hours before the start of the auction on the Banco Ciudad website. Participation requires a security deposit corresponding to a percentage of the base value of the property to be purchased (an amount that will be returned in full if the bidder does not make a bid or if the bid is not successful) . The successful bidder may request possession and pay the balance of the price in advance after signing the sales contract.


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