House on Own Land, Multi-Family Home in Villa Devoto
$340,000
- 8Bedrooms
- 3Bathrooms
- 4,811 sq ftArea
- 1Parking spaces
About this home
MULTI-FAMILY HOME ON PRIVATE LAND – 3 UNITS + COMMERCIAL SPACE + GARAGE – VILLA DEVOTO Excellent property located in Villa Devoto, built on its own lot measuring 8.66 x 26 meters, with a total area of 447 m². The property stands out for its great versatility, as it currently features three separate residential units, as well as a street-facing commercial space, a storage room, a garage, and outdoor areas. MAIN RESIDENCE – FIRST FLOOR Spacious 4-room residence featuring: Front balcony Two terraces Laundry room Maid’s room Full bathroom Grill GROUND-FLOOR APARTMENT – 2 ROOMS A functional unit comprising: 1 bedroom Full bathroom Kitchen Patio SECOND APARTMENT – 2 ROOMS Currently converted into a medical office, it features: Waiting room Bathroom Small kitchen Patio OTHER SPACES Street-facing commercial space Storage room in the back Garage The property has preliminary construction feasibility, offering an excellent opportunity for real estate development. According to the preliminary feasibility study: Ground floor + 2 stories Approximately 390 m² of saleable area + 5 parking spaces on the ground floor Up to 565 m² of saleable area, including the ground-floor commercial space Sustainability Unit: AE 26 – Low-Rise 0 Mixed-Use Classification: 1 A property with excellent potential for multifamily housing, investment, or real estate development, combining a substantial land area with multiple existing units and opportunities for expansion. Accessible to people with limited mobility. Agostina Garofalo Real Estate | Real Estate Agent: Agostina Garofalo CUCICBA: 6591
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
- Half Bathroom
Outdoor & Recreation
- Terrace
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$340,000
