Banco Ciudad announced a new online real estate auction located in the City of Buenos Aires (CABA) that correspond to vacant inheritances, that is, properties that do not have heirs and become administered by the Buenos Aires State. In total, they will be auctioned four propertieswith base prices that start in US$19,400.
The auction will take place next Friday March 27th starting at 10online through the official Banco Ciudad platform, which allows you to participate from anywhere in the country.
What are the properties that are auctioned?
Marcos Sastre 5152/54/56, Floor 1 – Monte Castro
Two-room apartment located at the back of the building. It has a closed patio that has a folding metal roof, kitchen, living room-dining room with access to a second patio with laundry room through a balcony door, bedroom with exterior window, hallway and full bathroom.
- Covered area: 41.28 m2
- Uncovered area: 15.64 m2
- Total area: 56.92 m2
- Base: US$40,483.11
- Guarantee deposit: U$S 1,214.49
- Finishing time: 10

Two-room apartment located in Monte Castro. (Capture: auctions.bancociudad.com.ar)
Avenida Luis María Campos 152, Floor 5°B – Palermo
Three-room apartment. It has a French balcony and access to a semi-covered balcony, kitchen with access to the service room/pantry, passage from where the toilet, the two bedrooms with closet and the full bathroom are connected.
- Covered area: 73.11 m2
- Semi-covered area: 5.27 m2
- Total area: 78.38 m2
- Base: US$103,850
- Guarantee deposit: US$3115
- Finishing time: 10.45

It is the apartment with the highest base price in the auction. (Capture: auctions.bancociudad.com.ar)
Paso 185, Floor 2°B – Balvanera
It is a front-facing apartment on the second floor with three rooms and an outbuilding. It consists of an entrance hall, a passage where the full bathroom, the kitchen and the semi-covered gallery with laundry room that gives access to the service area with bedroom and bathroom are articulated; living-dining room and two bedrooms with a French balcony that ventilate to the front.
- Covered area: 81 m2
- Uncovered area: 0.40 m2
- Balcony: 0.68 m2.
- Total area: 82.08 m2
- Base: US$78,942.05
- Security deposit: US$2,368.26
- Auction time: 11.30

Located in Balvanera, it is a 3-room apartment and the second most expensive of the four. (Capture: auctions.bancociudad.com.ar)
Condarco 1633/35, Floor 3°B – Villa General Miter
Two-room apartment on the third floor by stairs. It has a living room, French balcony, bedroom, kitchen and full bathroom.
- Covered and total area: 29.79 m2.
- Base: US$19,409.88
- Security deposit: US$582.29
- Finishing time: 12

It is the cheapest option in the auction. (Capture: auctions.bancociudad.com.ar)
Requirements to participate in the auction
In order to bid in the auction, interested parties must comply with the following points:
- Register on the platform as a natural or legal person.
- Have domicile in the City of Buenos Aires.
- Have a valid email address.
- Deposit a guarantee equivalent to 3% of base value of the property.
- Register up to 48 business hours before from the start of the auction.
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Step by step: how to participate in the real estate auction in the City of Buenos Aires
- Have a device with internet connection (PC, notebook, tablet or cell phone).
- Register in the Banco Ciudad Auctions official websitein the option “Login”.
- Enter the interest auction.
- Read the conditions carefully of sale of the property.
- Make the corresponding transfer to the guarantee deposit.
- Wait for the activation email which allows you to start bidding.
For inquiries, Banco Ciudad has the email [email protected] and the phone (011) 4329-8733.
