Real Estate Opportunities in Buenos Aires

The real estate market in the Autonomous City of Buenos Aires (CABA) is preparing for two key events: Banco Ciudad, a major local public bank, has announced the auction of two important plots of land with surfaces exceeding 900 square meters. These opportunities, aimed at investors and developers, will be held entirely through their digital platform, allowing participation from anywhere in the world.

How to participate in the online auctions?

The Central Bank of the Argentine Republic (BCRA) sets the official exchange rate, which is used for the peso payment. To participate, follow these steps:

1. Registration

   Register at subastas.bancociudad.com.ar up to 48 business hours before the auction.
2. Offer guarantee

   Transfer the deposit amount (a percentage of the base value). It is refunded if you do not bid or win.
3. Enabling

   Receive the email that enables you to bid.
4. Awarding

   If you win, you can request possession and pay the balance after signing the contract.

Sources: Infobae, La Nación, and Minuto de Cierre.