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3-Room Apartment for Sale with a Balcony, Terrace, and Covered Parking Space in Palermo; Qualifies for a Mortgage

MATIENZO 2696, Buenos Aires, Ciudad Autónoma de Buenos Aires, Argentina

$199,000

For Sale
  • 3Bedrooms
  • 1Bathrooms
  • 657 sq ftLiving area
  • 1Parking spaces

About this home

FOR SALE: 3-ROOM APARTMENT WITH A TERRACED BALCONY AND COVERED PARKING SPACE IN PALERMO | ELIGIBLE FOR MORTGAGE AND IDEAL FOR PROFESSIONALS STRATEGIC LOCATION, PEACE AND PRIVACY IN ONE OF PALERMO’S MOST SOUGHT-AFTER NEIGHBORHOODS. Located on Teniente General Benjamín Matienzo Street in the 2600 block, in a residential neighborhood with little traffic and just a few meters from major avenues and public transportation, this attractive 3-room apartment faces the street and features a terrace-style balcony and a separate covered garage. This property combines features that are highly valued in the market: excellent connectivity, comfortable living spaces, outdoor areas, and the tranquility of living in a building with few units. THE APARTMENT Facing the street, it stands out for its functional layout, cross-ventilation, and pleasant natural light that floods the various rooms. The living-dining room offers a comfortable space for the living and dining areas, featuring laminate flooring, a plaster ceiling, and installed air conditioning. Its connection to the terrace-style balcony expands its potential uses and allows you to enjoy your own outdoor space, with views of the quiet Matienzo Street. The kitchen is separate, bright, and functional, equipped with a granite countertop, double sink, single-handle faucets, white melamine cabinetry, a Longvie gas stove, and a standalone water heater of the same brand. It features two generously sized bedrooms, both with exterior windows, laminate flooring, built-in closets, and heat/cool air conditioning units. The second bedroom also has a double closet, providing excellent storage capacity. The full bathroom features a bathtub, Ferrum fixtures, and storage space. The unit includes a separate covered garage, a significant advantage for daily convenience and especially valued in this location. A BUILDING WITH THE PRIVACY OF FEW UNITS One of the main attractions of this property is its residential-scale building, consisting of just three stories and two apartments per floor. With only six functional units, this building offers a more secluded, peaceful environment with less foot traffic than higher-density buildings. In addition, it features common areas designed for enjoyment: A shared terrace with a grill. A spacious deck area, ideal for relaxing and sunbathing, with two showers. A shared laundry room equipped with two machines, a countertop, a sink, and a bathroom. A very appealing combination of the independence of an apartment and the opportunity to enjoy additional spaces without sacrificing privacy. PALERMO: NEIGHBORHOOD LIVING WITH EVERYTHING WITHIN REACH The location deserves special mention. The 2600 block of Matienzo offers something increasingly sought after in Buenos Aires: living on a quiet residential street, without being far from the city’s main shopping, dining, and transportation hubs. Located approximately 300 meters from Avenida Cabildo and about five blocks from the Ministro Carranza station, it provides easy access to Subway Line D, the Mitre Railway, and numerous bus routes. The surrounding area combines neighborhood shops, supermarkets, coffee shops, restaurants, services, and dining options, with the added benefit of being just a few minutes away from the most vibrant parts of Palermo and the Las Cañitas neighborhood. A location that allows you to take care of daily needs on foot, enjoy neighborhood life, and maintain excellent connections to Belgrano, Colegiales, and other parts of the city. The tranquility of a quiet street, with all the urban activity just a few steps away. A PROPERTY WITH MANY POSSIBILITIES Given its layout, location, and features, this apartment is an attractive option both for those looking for their next home and for those prioritizing a real estate investment. Its proximity to public transportation, shopping centers, and business districts enhances its appeal in the rental market. Additionally, the possibility of using it for professional purposes expands its range of potential uses. ELIGIBLE FOR A MORTGAGE. SUITABLE FOR COMMERCIAL USE. DEDICATED COVERED PARKING SPACE. BUILDING WITH ONLY 6 UNITS. ROOFED BALCONY AND COMMON TERRACE WITH BARBECUE. The building is accessible to people with limited mobility. SCHEDULE A VISIT If you’re looking for a three-room apartment in Palermo that’s well-connected, comes with a garage, outdoor space, and the tranquility of a small building, this property is definitely worth a look. Contact us for more information and to schedule a tour. REAL AIRES REAL ESTATE THE SQUARE METERS LISTED HERE ARE APPROXIMATE. THE ACTUAL MEASUREMENTS ARE SPECIFIED IN THE DEED. THIS ADVERTISEMENT COMPLIES WITH THE PROVISIONS OF ARTICLES 4 AND 8 OF LAW 24,240 MARKETED BY REAL AIRES SA Pablo Zarate Erdini CUCICBA 6335 CMCPSI 7163 LAW 5859 – ART. 5 “It is prohibited to charge real estate commissions and administrative fees for reports to tenants who are individuals. In the case of residential rentals, the maximum commission that may be charged to landlords shall be equivalent to four point fifteen percent (4.15%) of the total value of the respective lease agreement.”

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

  • Laundry Room

Outdoor & Recreation

  • BBQ Area
  • Balcony

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$199,000

Concierge