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Economy Ministry Mandates Online Auctions for Unassigned Procrear Homes and Lots

The move seeks orderly liquidation of the dissolved fund’s inventory under fixed auction rules.

Overview

  • Resolution 396/2025 requires all disposals to run on the SUBAST.AR platform with auctions administered by the Secretaría de Obras Públicas.
  • Calls must be published at least 30 days in advance with base prices set by the Tribunal de Tasaciones and adjudication confirmed after five minutes without a higher bid.
  • Eligible bidders must prove tax and social‑security solvency, declare lawful funds, not be politically exposed persons, establish an Argentine domicile, and post a guarantee.
  • Winners must pay 100% of the price plus closing costs before transfer before the Escribanía General de Gobierno, and auctions may be voided if fewer than two qualified bidders appear or for formal breaches.
  • AABE and Banco Hipotecario will release offerings progressively, covering finished units and vacant lots, with estimates reporting roughly 15,000–17,000 properties unassigned or unfinished while existing Procrear loans remain unchanged.