Hotel House for Sale in San Telmo
$990,000
- 9Bedrooms
- 5Bathrooms
- 5,425 sq ftLiving area
About this home
EXCLUSIVE PROPERTY LOCATED IN THE HISTORIC SAN TELMO NEIGHBORHOOD, WITH A PALACE-STYLE ATMOSPHERE AND PERIOD DETAILS. IDEAL FOR A BOUTIQUE HOTEL. This property consists of 9 rooms, 5 bedrooms, 5 full bathrooms, 3 half-baths, a beautiful courtyard, a garage, and a wine cellar, built in the style of a late 19th-century palace with impeccable and luxurious period details. On the upper floor is the staff apartment, featuring a bedroom, kitchen, and balcony. This property features stained-glass windows, Spanish-style dry-laid tiles, European marble on the floors and columns, intricately carved wood paneling, checkerboard floors, and enormous crystal chandeliers, among other true works of art. With architecturally stunning details, this palace features a basement wine cellar stocked with wines imported from various countries as well as regional varieties; a replica of the Sistine Chapel dome in the master bedroom, illuminated from the terrace through the glass; European marble floors; stained-glass windows, works of art in every corner, and period furniture—all of which contribute to this unique and distinctive early-20th-century style. Located in the heart of San Telmo, a tourist and commercial district, this palace is in perfect condition and ready for immediate occupancy. The property was renovated by Alan Faena, who remodeled it in a modern style while preserving its period details. Ideal for a event venue, boutique hotel, or various business ventures. San Telmo is one of the oldest neighborhoods in the City of Buenos Aires. Together with the nearby Monserrat neighborhood, it is known as the “Barrio Sur” (Southern Neighborhood), as opposed to the “Barrio Norte” (Northern Neighborhood) of San Nicolás. You can still hear Rio de la Plata rhythms such as tango and candombe in its streets. In San Telmo, the style of large, historic homes is preserved purely for historical reasons. PREVIOUSLY $1,900,000 / NOW $990,000 REQUEST AN APPRAISAL: We evaluate your property with sound judgment, experience, and real market knowledge. Entrust your assets to a real estate agency committed to results and personalized service. The best advice of all time—“Be greedy when others are fearful, and fearful when others are greedy,” or “Buy when everyone is selling, and sell when everyone is buying.” W.B. LEGAL NOTICE: Dimensions and data are provided for informational purposes only. SAUL MIZRAHI / LICENSE NO. 5599
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.
Amenities
Indoor & Comfort
- Heating
- Half Bathroom
Outdoor & Recreation
- Garden
- Terrace
- Balcony
Security
- Alarm System
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$990,000
