San Telmo Lot for Sale
$390,000
- 2,595 sq ftLot area
About this home
To consider a real estate development in San Telmo is to envision a project on a site with a unique identity, where Buenos Aires tradition blends with an ever-growing demand for housing. This lot for sale on the 500 block of México Street is the ideal opportunity for investors and developers seeking solid returns and a project on a human scale in one of the most historic and sought-after neighborhoods in the City of Buenos Aires. Strategically located in the historic district, just steps from Independencia, Paseo Colón, and 9 de Julio avenues, the lot offers unbeatable connectivity thanks to direct access to subway lines C and E. This key proximity to major educational institutions such as the Universidad Argentina de la Empresa (UADE) and the Universidad Abierta Interamericana (UAI), combined with its closeness to Puerto Madero and the downtown core, guarantees a constant flow of students, young professionals, and tourists seeking to experience San Telmo. With a total area of 241.10 square meters, a frontage of 8.50 meters, and a depth of 28.19 meters, the lot is zoned as APH 1 (Historic Protection Area), which allows for the construction of a building between party walls consisting of a ground floor and two upper stories. The lot’s potential translates to approximately 686 square meters of buildable area, with an estimated sellable area of 440 square meters—ideal for a project featuring studio units or one- and two-room apartments geared toward the short-term rental or traditional rental market. - Total lot area: 241.10 square meters. - Lot dimensions: 8.50 meters frontage by 28.19 meters depth. - Zoning and buildable area: APH 1, suitable for a building between party walls consisting of a ground floor and two stories. - Development potential: 686 square meters of buildable area and an estimated 440 square meters of saleable area. - Available utilities: potential for running water and electricity in the area. Frequently Asked Questions Where exactly is this lot for sale in San Telmo located? The lot is located on Mexico Street in the 500 block, between Independencia, Paseo Colón, and 9 de Julio avenues, in the historic San Telmo neighborhood of the Autonomous City of Buenos Aires. What type of construction project can be developed on this lot? As it falls under APH 1 (Historic Protection Area) regulations, the lot is suitable for constructing a building between party walls consisting of a ground floor plus two stories, with an estimated 440 square meters of saleable area and 686 square meters of buildable area. What is the asking price for the property, and what utilities does it have? The asking price for this lot in San Telmo is 390,000 U.S. dollars, and it has access to running water and electricity. Why is this lot in San Telmo ideal for short-term rental investors? Due to its proximity to UADE, UAI, Puerto Madero, and downtown Buenos Aires, the area consistently attracts tourists, students, and young professionals, ensuring high demand for rentals. We invite you to explore the lot and assess the potential for your next development in one of the city’s most promising and iconic neighborhoods. Let’s schedule a visit so we can review the technical and commercial details of this excellent investment opportunity together.
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.
$390,000
