Palermo, Lot for Sale
$1,050,000
- 2,831 sq ftLot area
About this home
LOT FOR SALE – HIGH DEVELOPMENT POTENTIAL 1347 Ravignani – Palermo A unique opportunity for investors and developers in one of the fastest-growing areas with the highest demand in the City of Buenos Aires. Located in the heart of Palermo—a neighborhood that leads the market in absorption, consistent appreciation, and excellent performance in both sales and rentals—this lot offers an ideal combination of location, zoning regulations, and profitability. The Area – Palermo The 1300 block of Ravignani is situated in a well-established urban environment, characterized by significant real estate development and high residential appeal: Close to Av. Córdoba, Av. Juan B. Justo, and Av. Santa Fe Excellent connectivity and public transportation A gastronomic, commercial, and cultural hub High demand for permanent housing and rentals Ideal profile for modern projects Palermo is currently one of the most sought-after neighborhoods by end-users and investors, ensuring rapid market absorption. Lot Details Frontage: 8.63 m Depth: 30.47 m Current lot area: approx. 263 m² Zoning – New Urban Code Zoning: U20 Maximum height: 22 meters Building capacity: Ground floor + 6 stories + 2 recesses Estimated sellable square meters: 1,650 m² Excellent buildable capacity, ideal for high-turnover residential development. Sale Price USD 1,150,000 Competitive price for the area and its buildable capacity. Ideal for Developers Investors Residential projects Traditional or short-term rentals Capitalization and resale Contact us for more information, a pre-feasibility study, and to schedule a visit A solid opportunity in Palermo, ready for development. SCHEDULE A MEETING TODAY! CECILIA ACUÑA PROPERTIES CPI 8879 / CMCPSI 7198 Pursuant to Law 5115, please be advised that this property does not meet accessibility requirements for people with physical disabilities
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
Obtain tax identification
Obtain a CUIT or CDI as applicable and prepare passport, powers of attorney, translations and source-of-funds documentation.
Legal due diligence
Review title, ownership, seller restrictions, liens, debts, cadastral status, condominium rules and the seller's legal standing.
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.
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.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$1,050,000
