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Property for Entrepreneurs—suitable for a Hostel or Medical Offices

29, Mercedes, Buenos Aires, Argentina

$250,000

For Sale
  • 6Bedrooms
  • 4Bathrooms
  • 3,929 sq ftLiving area
  • 3,498 sq ftLot area
  • 1Parking spaces

About this home

Ideal Property for a Hostel or Medical Offices... in the Heart of Mercedes, Buenos Aires A Unique Opportunity for Tourism Investors or Entrepreneurs! This exceptional property is for sale on the main avenue in Mercedes, right in the heart of the city. Its unbeatable central location and functional layout make it the perfect place to run a highly successful hostel, capitalizing on the area’s growing appeal to tourists. Key Features for a Hostel or Medical Offices Premium Location: Situated on the main avenue, it guarantees maximum visibility and easy walking access to all the city’s points of interest: plazas, restaurants, bars, shops, and public transportation. Ideal for tourists seeking convenience and proximity. Spacious Common Areas: Living Room, Dining Room, and Kitchen: Generously sized, these spaces offer an ideal setting for guests to interact, creating a welcoming and social atmosphere. Garage: A significant added value for guests arriving by car. Patio: An outdoor space that can be set up as a relaxation area, a place for leisure, or even for outdoor events. Versatile Accommodation Capacity: Laundry Room: Essential for hostel operations, facilitating the management of linens and offering a potential extra service to guests. 5 Rooms: The property has a total of 5 rooms (1 on the ground floor and 4 on the upper floor), providing ample accommodation capacity with various configurations (private rooms or shared dorm-style rooms). 4 Bathrooms: Strategically located (2 on the ground floor and 2 on the upper floor), they ensure comfort and ease of use for shared guest access. Additional Flexibility: Office and Pantry: Useful spaces that can be used as a reception desk, for hostel administration, or for storing supplies. Attached Apartment: The small, separate apartment next to the house is an invaluable asset. It can be used to house staff, serve as living quarters for the hostel owner, or even function as a separate rental unit to generate additional income. Terrace: An extra space on the upper floor, ideal for creating a rooftop chill-out area, sun deck, or recreational space with city views—a feature highly valued by travelers. Condition and Functionality: The property is in very good overall condition and stands out for its high functionality, which minimizes the need for large initial investments and allows for a quick launch of the hostel project. ADDITIONAL: A small apartment separate from the main house faces the front of the property Furthermore, the structure allows for the construction of up to two additional stories. Don’t miss this opportunity to invest in a business with great potential in the heart of Mercedes! To schedule a visit or request more information, please contact us.

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

  • Heating

Outdoor & Recreation

  • BBQ Area
  • Balcony

Nearby Essentials

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

$250,000

Concierge