$115,000
ONE-ROOM APARTMENT ON THE 1ST FLOOR ON THE BACK SIDE WITH AN OPEN VIEW AND PLENTY OF NATURAL LIGHT INVESTMENT OPPORTUNITY!! PHOTOS TAKEN IN JUNE 2026 FINANCING OPTION RARELY SEEN: 40% DOWN PAYMENT + FIXED INSTALLMENTS IN DOLLARS, WITHOUT INDEXATION. CASH PAYMENT IS ALSO AN OPTION The building is suitable for short-term rentals (Airbnb-style), a major advantage in this area, where there is high tourist demand. Palermo Soho is one of the most popular neighborhoods among domestic and international visitors, ensuring that these types of rentals enjoy consistent occupancy and an excellent net annual return. (15–17%) LOCATION: The building is located at 1616 Thames, in the heart of Palermo, one of the city’s most sought-after neighborhoods. Its surroundings perfectly combine the tranquility of its tree-lined streets with an unparalleled selection of dining, shopping, and cultural experiences. Just a few blocks away are bars, signature restaurants, designer shops, and art galleries. One of its greatest attractions is its proximity to Plaza Serrano and Plaza Armenia, the epicenters of Palermo’s nightlife and social scene, where bars, breweries, trendy venues, and design fairs are concentrated. In terms of transportation, the area has excellent connectivity. Just a few blocks away is Juan B. Justo Avenue, with access to the Metrobús, which allows you to move quickly around the city. There are also multiple bus lines on nearby avenues, and the closest subway station on Line D is about a 10-minute walk away. Additionally, its strategic location allows for quick access to Santa Fe Avenue and Córdoba Avenue. THE BUILDING: • Double-height ground floor with a modern design. • Security cameras in common areas. • Laundry room with washer-dryer. • Terrace with panoramic views, a grill, and partial shade. • 5 floors with 14 functional units. Units consist of one room that can be divided. • Hydraulic elevator with mirrors and a stainless steel cabin. • EXCELLENT construction quality and high-end finishes. GENERAL TECHNICAL SPECIFICATIONS OF THE BUILDING: • State-of-the-art elevator by Company. Stainless steel cabin with mirrors. • Ceramic tiles on landings and balconies. • Smooth, painted concrete on the code-compliant fire escape staircase, with steel corner nosings, handrails, spill-proof baseboards, and special floor paint. •High-quality porcelain tiles, tempered glass, and stainless steel hardware for the building’s entrance hall. Code-compliant dry-pipe fire suppression system with hydrants and fire extinguishers on all landings •Code-compliant fire-rated doors at the stairwell entrance •Hot and cold water distribution via Saladillo thermofusion fittings or equivalent. •PVC drain pipes, Awaduct brand or equivalent. Two Rheem high-recovery water heaters for central hot water. •Complete code-compliant electrical installation, meeting regulatory requirements for the installation of individual unit meters •Complete thermomechanical pre-installation (piping, copper, and wiring) for heating and cooling air conditioning units; equipment not included TECHNICAL SPECIFICATIONS OF THE UNITS: •Wood-look porcelain tile flooring, 20x60 cm, Ilva brand or equivalent. Satin white wall tiles in bathrooms, Ilva brand or equivalent. •Bathrooms with 35x35 cm matte gray Ilva porcelain tile, combined with matte white or wood-look tile; Roca Monaco Line fixtures •Hidromet Jet, Cylinder, or Mini Line faucets •Vanity module •Gromanti 2006 Americana Line panel doors •Aluar A30 natural anodized aluminum window frames with single-pane glass •Mara gray granite countertops •Faplac Line melamine-faced cabinets in textured or woven finishes; color to be determined •Latex paint on walls, following surface skimming and preparation •Ceilings in lacquered exposed concrete, or skimmed and white-painted plaster Real Estate Agent: Mariano Rico Alcázar CPI 1984 / COMADO 1526 Important Note: All information and measurements provided are approximate and must be verified against the relevant documentation. The expenses (maintenance fees, ABL, AySA) listed are based on the most recent information available and must be confirmed. Property Code: ABU62727 AP7535099
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