Particle.news

Download on the App Store

Buenos Aires Opens Digital Auctions for 19 State Properties

Prospective buyers register up to 48 hours in advance with a 3 percent guarantee deposit for properties priced in dollars with settlement in pesos

Overview

  • Banco Ciudad will hold online auctions for 19 government-owned apartments, land lots and parking spaces between August 6 and September 4.
  • Base prices range from US$6,500 to US$820,770 with final payments in Argentine pesos at the previous day’s official exchange rate.
  • Interested bidders must sign up on the Banco Ciudad subastas portal, prove CABA residency and deposit a guarantee equal to 3 percent of a property’s dollar base price.
  • Registrations remain open until 48 business hours before each sale with real-time bidding accessible nationwide across devices.
  • The full catalog of listings and sale conditions is available on the subastas.bancociudad.com.ar website for review ahead of each auction.