Real estate auctions in pesos.
As usual, with the arrival of each month, payment agendas, deadlines and even auctions are renewed. Unlike what had happened up until the eighth month of the year, in September the City Bank will make two, in the absence of one, new real estate auctions in pesos and without heirs. This time it will be September 19th and 21st.
This time the lot is made up of 11 apartments, 1 house, 1 commercial space and 1 lot for real estate development, scattered around the city. These are the auctions that the bank carries out on behalf and by order of the Attorney General of the City of Buenos Aires.
The auction will be online and interested parties will be able to register up to 48 hours before the auction, in this case up to the 16th for the auction of the 19th, and until the 19th for that of the 21st September.
The properties put up for auction are located in the districts of Palermo, Caballito, Retiro, Recoleta, Flores, San Nicolás, Monserrat, Liniers, Monte Castro, Constitución and Almagro. The apartments are from one to four rooms, and core values start at $ 6 million and go up to $ 65 million.
Full options can be seen on the city’s official auction page: https://subastas.bancociudad.com.ar/.
Through this method of online auction, according to the official data of the Municipality, in the course of 2022 they have already sold 24 properties for vacant successions, for a total sum that exceeds 390 million dollars. Up to August they have sold around 16 properties, meaning that in the last auction of 10 properties they managed to place almost all of them.
“The aim is that these houses located in the Buenos Aires neighborhood can be sold through an agile mechanism open to the entire community”, explains Banco Ciudad in a statement. And he highlights: “According to the provisions of law 52 of the CABA legislator, part of the funds obtained should be invested in public education “.
One by one, which properties will be auctioned in September
Flowers: Caracas 63/65. Commercial space on the ground floor of a gallery with entrances from Calle Caracas at 65, from Avenida Rivadavia and from Yerbal. It does not have a bathroom inside. The surface is 37.41 square meters.
The base price: $ 5,226,000.
soaring: Víctor Martínez 222. It is a department of a room on the 5th floor, which has a hallway, a single room, kitchen and bathroom. Total covered area of 19.59 square meters.
The base price: $ 6,834,000.
St. Nicholas: Tucumán 950/52/60. Three-room apartment consisting of three bedrooms (two of which are communicating), kitchen, laundry, bathroom, Surface: Floor: Covered 59.81mq; half covered 4.48mq. Total 64.29 m².
Base price: 10,720,000
Palermo: Guatemala 4468/88. It is a two-room apartment on the 7th floor. living room, one bedroom, bathroom and kitchen. Surface of 32.27 square meters.
base price: $ 10,887,500
Withdraw: Carlos Pellegrini 977/79. Studio apartment with full bathroom and kitchenette. Covered area: 31.94 m2.
Base price: $ 12,260,000
Constitution: Cochabamba 886. Internal apartment with two rooms located on the third floor. Consisting of a hallway, a living and dining room, a bedroom, kitchen and bathroom. The total covered area is 40.79 square meters.
base price: $ 12,900,000
Almagro: Lambaré 908. Two-room apartment on the 10th floor consisting of living-dining room, kitchen, one bedroom and one complete bathroom. The covered area is 33.01 square meters and the uncovered area is 15.39 square meters.
The base price: $ 13,130,000.
Palermo: Cordova Avenue 3539/43. Two-room apartment, on the second floor, facing the street. Living-dining room with balcony, bedroom, kitchen with utility room and bathroom. The covered area is 40.96 m², partially covered and a balcony of 4.36 m².
Base price: $ 15,343,000
Monte Castro: Marcos Sastre 5067. Townhouse (Horizontal Property Department) with two main rooms. Composed of living-dining room with integrated kitchen, through which you enter the unit; two bedrooms and bathroom. Covered area of 37.10 square meters.
Base price: $ 15,678,000
Le Canite: Soldier of Independence 1169/71. It is a two-room apartment on the 3rd floor, consisting of a living-dining room, a bedroom, a kitchen and a bathroom. It has a covered area of 44.44 m2 and a balcony of 8.14 m2.
Base price: $ 19,800,000
Palermo: Jorge Luis Borges 1667. First floor, three-room apartment, living-dining room, two bedrooms, kitchen with utility room and bathroom. It has a balcony. The covered area is 61.78 m².
Base price: $ 23,450,000
Linings: Esteves Sagui 121. Lot on which a 70-year old building is located and, on the free surface of the front, trees and plants in appreciable quantities. The land is 220 square meters.
Base price: $ 31,300,000.
Montserrat: Mexico 557. Property developed between the ground floor, a mezzanine floor and an upper floor, typical “palace” of the area. Formed by a series of adjoining rooms that lead to two patios on the ground floor. The area of the lot is 235 square meters.
Base price: $ 36,046,000
Recoleta: Avenida Pueyrredón 1748. Located on the eighth floor, it is a four-room apartment with two entrances, one main and one “service”. A living-dining room with a balcony, a toilet, a normal bedroom, another bedroom in the suite, a daily dining room, a kitchen and another bathroom. This property is 141.91 square meters covered, plus a balcony and a semi-covered area of 8.30 square meters.
Base price: $ 65,995,000
How to participate
Pre-registration: those interested in bidding must register within 48 hours. working days before the auction starts. Participation requires a security deposit equal to 3% of the base value of the property to be acquired (amount that will be returned in full in the event of a non-bid or non-awarding, within 7 working days of the auction).
Additionally, you must provide an address in the Autonomous City of Buenos Aires and an email, which will be valid for all legal purposes arising from this auction.
electronic offer
How the electronic offer develops: on the date and time indicated, the request for offers will begin through the portal (https://subastas.bancociudad.com.ar/). Bids must only be made via the auction site.
Each bidder can make as many offers as he deems necessary. until it is awarded or passed, during the duration of the public auction.
The same bidder can make more than one bid. for the same good, always the one with the higher value prevailing. All offers made are irrevocable and non-retractable. Bids can in no case be canceled and / or canceled, being rejected only when they are overtaken by another bidder. During the procedure, bidders will be able to observe in real time the evolution of the offers made, by amount and position.
Each bid made during the auction must exceed the previous bid, either your own or another bidder’s, by an amount not less than $ 10,000.
The online auction has a scheduled closing time.
In the event that a bid is made in the last ten (10) minutes before closing, the timer will add another five (5) minutes so that all interested bidders have the opportunity to make new bids. This closing extension procedure will be done by adding five (5) minutes each time a new bid is received, until no bidder exceeds the highest bidder.
Prize
Then, within 48 working hours following the auction (immediately after the auction ends, the winner receives an e-mail with the notification of the award of the lot), the payment of 10% of the sale price must be made as a of deposit. and 3% corresponding to the commission plus VAT.
Once the same is received, the funds pledged as collateral are returned. The total integration of the balance will take place within the deadlines of the deed, which will be guided by the Attorney General.
Steps to participate
- Interested parties must have an electronic device such as a tablet, notebook, PC, smartphone or similar with a WIFI connection.
- Register as a user on https://subastas.bancociudad.com.ar/, in “Start session” (the credentials are the same as for self-management).
- Enter the Auction of interest on https://subastas.bancociudad.com.ar/ 4. Read the Conditions of Sale.
- Transfer the amount of the title that allows participation
- .
Receipt of the authorization email to be able to offer.
Source: Clarin
