Overview
- Resolution 396/2025, issued on September 24 and published this week, requires all Procrear real-estate disposals to be conducted as public electronic auctions on the SUBAST.AR platform.
- The auctions will target state properties linked to executed works contracts, while assets not tied to works were already assigned to the AABE under Decree 1018/2024.
- Base prices will be set by the National Appraisal Tribunal, each call will be publicly noticed at least 30 days in advance, and bidding will be fully online with automatic award after five minutes without a higher offer.
- Participants must prove tax and social-security compliance, declare lawful source of funds, not qualify as politically exposed persons, establish a legal and electronic domicile in Argentina, post a guarantee, and pay 100% upon award before deed transfer by the General Government Notary Office.
- Officials have not yet published the full property list or detailed schedule, more than 15,000 units in urban developments remain unfinished with outcomes pending, and active loans continue under Banco Hipotecario with unfinished works eligible for transfer to provinces, municipalities or private entities.