06/07/2026 13:41 - Economia
According to a report published on July 6, 2026 by Infobae, a highly sought-after property in Buenos Aires has been listed for sale. The apartment is uniquely situated in the Recoleta neighborhood, exactly one floor above the residence of Cristina Fernández de Kirchner, the former President and Vice President of Argentina.
For international buyers or local investors, this presents a fascinating chance to own property in a building shared with one of the most influential political figures in modern Argentine history, located in an area of immense historical and cultural value.
Recoleta is often considered the crown jewel of Buenos Aires. Known as the Paris of South America due to its stunning French-style architecture, wide green plazas, and European ambiance, it is a neighborhood that never loses its appeal. Here you will find the famous Recoleta Cemetery, a must-see tourist attraction where iconic figures like Eva Peron rest, alongside a vibrant cultural scene, museums, and high-end dining.
Acquiring a property here is not just about finding a home; it is a solid long-term investment in a district that consistently maintains its real estate value.
The timing of this sale aligns with encouraging signs for the Argentine economy. By July 2026, the real estate market is showing strong momentum, fueled by accessible financing and financial stability.
Mortgage loans in Argentine pesos (ARS) have seen a remarkable recovery. As of June 2026, the total balance reached $7.9 trillion ARS, marking a real annual increase of 54.5%, according to data from the Central Bank of Argentina (BCRA) surveyed by First Capital Group.
For foreigners looking to invest, understanding the local currency is key. As of July 2026, the official exchange rate is $1,510 ARS per US dollar. The blue dollar (the informal, parallel exchange rate widely referenced by locals) sits closely at $1,525 ARS. The narrow gap between these rates indicates a healthy financial balance. Furthermore, the country's net reserves comfortably exceed $48,000 million USD, creating a secure environment for real estate investments.
Original source: Infobae
Alfredo S. Quiroga
