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Excellent 522 m² Lot with a House in Need of Renovation in Olivos

Mariano Pelliza, Vicente López, Buenos Aires, Argentina

$550,000

For Sale
  • 7Bedrooms
  • 2Bathrooms
  • 5,619 sq ftLot area
  • 4Parking spaces

About this home

Excellent lot with a single-story villa in a prime residential area of Olivos Located in one of Olivos’ most exclusive residential areas, surrounded by prestigious properties, very close to the main schools, and strategically situated equidistant from the shopping centers in Olivos and La Lucila, as well as both train stations. The property is entirely on one level, situated on an excellent 522 m² lot (10.85 x 49.75 m), featuring solid construction and enormous potential for renovation, expansion, or a new development project. Layout Entrance hall. Spacious living-dining room with large windows and excellent orientation, providing plenty of natural light. Guest restroom. Three bedrooms. Master bedroom with en suite bathroom. Second full bathroom. Spacious kitchen. Separate laundry room. Garden At the back of the lot is a separate service apartment, ideal for converting into a guest house, studio, office, or workspace. It also features: Garage. Driveway for several vehicles with excellent orientation. A property with enormous potential Ideal for those who wish to undertake a comprehensive renovation and transform this home into a first-class residence, taking advantage of its excellent lot and a location that’s hard to match. It also represents a very good opportunity for developers or investors seeking a property in one of the most in-demand areas of the North Zone. Location, lot size, and potential come together in this unique opportunity. Contact us to schedule a tour!

Buying in Argentina as a foreigner

Yes, foreigners can buy property in Argentina.

The most important restrictions concern rural land, properties containing or bordering significant bodies of water and properties located within border security zones.

Near coasts and borders
Argentina does not have a coastal restricted zone equivalent to Mexico's. To preserve a common schema, this field groups areas subject to special rules: rural land, border security zones and certain properties involving significant permanent bodies of water.
Residency
Property ownership does not automatically grant residency. You must prove recurring income (Rentista Visa).
Taxes and closing costs
They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
Financing
Financing for foreign buyers may be limited and depends on the lender, residency, documented income, financial history, currency, down payment and property type.

How buying works

  1. Obtain tax identification

    Obtain a CUIT or CDI as applicable and prepare passport, powers of attorney, translations and source-of-funds documentation.

  2. Legal due diligence

    Review title, ownership, seller restrictions, liens, debts, cadastral status, condominium rules and the seller's legal standing.

  3. Check special restrictions

    Determine whether the property is rural, located within a border security zone or contains or borders bodies of water subject to restrictions.

  4. Reservation, contract and deed

    Define price, currency, deposit, conditions and timelines; then execute the deed and register it.

This information is general and educational. Rules concerning purchases, taxes, rural land, security zones and registration may change or be interpreted differently by jurisdiction. They should be confirmed with a notary, attorney, accountant or other authorized professional. Research last reviewed July 2026.

Amenities

Indoor & Comfort

  • Half Bathroom
  • Service Bathroom

Outdoor & Recreation

  • Garden

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$550,000

Concierge