$2 Million Homes in Buenos Aires
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Belgrano | $2.2 million (1.96 billion Argentine pesos)
A three-bedroom apartment with sweeping views in a modern tower near South America’s largest soccer stadium
This three-bedroom, five-bath apartment is in Forum Alcorta, a development in the central Belgrano neighborhood with a pair of angled glass-and-concrete towers designed by Buenos Aires architects M|SG|S|S|V, completed in 2016. The development includes a park, outdoor swimming pool and tennis courts, and full-time security.
Belgrano, a 2.6-square-mile waterfront neighborhood founded in 1850 and named for a hero of Argentina’s war of independence, has a mix of graceful 19th-century mansions, high-rise residential towers and parks, including the 20-acre Parque Paseo de las Américas and the Carlos Thays-designed Barrancas de Belgrano. The Juramento subway station is 1.2 miles southwest of the apartment. Estadio Mâs Monumental, South America’s largest soccer stadium, is less than a mile northwest. Aeroparque Internacional Jorge Newbery, the smaller of Buenos Aires’s two airports, is about two miles east.
Some of Argentina’s most sought-after private schools are clustered in Belgrano, including Buenos Aires English High School, Belgrano Day School, and Liceo Franco-Argentino Jean Mermoz, a bilingual French-Spanish academy.
Size: 3,272 square feet
Price per square foot: $672
Indoors: The 22nd-floor apartment opens to a large foyer that flows into a broad living and dining area with sloped floor-to-ceiling windows. Off the dining room, the kitchen has a marble-topped island, built-in glass cabinets, stainless steel appliances, and a breakfast nook. Sliding glass doors open from the kitchen to an expansive terrace.
A carpeted family room separates the living areas from the three bedrooms, all of which have en suite bathrooms. Windows in the principal bedroom offer views of the Buenos Aires cityscape and the Río de la Plata, or River Plate. A laundry room and service quarters are adjacent to the bedrooms.
Flooring is in herringbone hardwood throughout the apartment. Furniture is available by separate negotiation.
Outdoor space: Both the apartment and the building offer ample outdoor space. A 30-foot balcony with city views runs the length of the kitchen. The owners enclosed the balcony in wood paneling to create a second family room. One of the bedrooms has a small terrace.
The development’s 3.2-acre grounds include tennis courts, indoor and outdoor pools, and a fitness room with a sauna.
Costs: Property taxes in Buenos Aires are called the ABL (Alumbrado, Barrido y Limpieza) and paid monthly or annually. The monthly installment for this apartment is 166,244 Argentinean pesos ($186). Monthly condo fees are 700,000 Argentinean pesos ($785).
Recoleta | $1.95 million (1.74 billion Argentine pesos)
A duplex apartment with a miniature soccer pitch near Eva Peron’s tomb
Set on a tree-lined avenue in Recoleta, one of the city’s most affluent districts, this 4,682-square-foot duplex apartment has four bedrooms, four bathrooms and two terraces. A live-in superintendent doubles as a doorman in the mornings and evenings.
Recoleta is home to upscale hotels including the Four Seasons and Alvear Palace, and offers luxury shopping along nearby Avenida Alvear. Cultural attractions include the Teatro Colón opera house and the Museo Nacional de Bellas Artes, about a mile north. The 14-acre Recoleta Cemetery, whose 4,800 mausoleums include the tombs of Eva Peron and 26 Argentinean presidents, is within walking distance of the building.
The neighborhood has ample dining options, from casual empanada spot La Cocina to chef Martín Rebaudino’s acclaimed Spanish eatery Roux. Buenos Aires’s oldest cafe, Café La Biela, is around the corner from the apartment, on the site where it opened in 1848. Ezeiza International Airport, Buenos Aires’s main air-travel hub, is about 21 miles south.
Size: 4,682 square feet
Price per square foot: $416
Indoors: A heavy door in stained wood opens to a long entry hallway with herringbone hardwood floors. The living and dining rooms are at one end of the hallway, facing the terrace behind the apartment. The living room has a marble fireplace and a grid of built-in bookshelves. Outfitted in white, the kitchen has a stainless steel range hood and opens to a windowed breakfast area. At the other end of the hallway, three bedrooms overlook Avenida Callao, and a fourth faces a tiny courtyard. The principal bedroom has 10-foot ceilings and a closet with built-in shelving.
A hardwood staircase leads to the upper level, with a bedroom that the seller converted to a gym, a full bathroom, living room, office and laundry room. Furniture is available by separate negotiation.
Outdoor space: The living room opens to an 860-square-foot tiled furnished terrace with a covered bar and a parrilla, or traditional Argentine grill.
On the upper level, the seller converted a large terrace to a miniature soccer pitch with artificial grass and a mesh enclosure. Three bedrooms on the this level share a narrow balcony that runs the length of the apartment. The sale includes two parking spots in a lot beneath the building.
Costs: The annual ABL on the unit is 1.99 million pesos ($2,234). The pair of parking spots incur an annual ABL of 664,740 pesos ($744). Annual building maintenance charges are 8.7 million pesos ($9,800).
San Telmo | $2 million (1.78 billion Argentine pesos)
A tango-themed 1898 mansion with an 1960s annex configured as a hotel
This three-story mansion, built in 1898 for a doctor and his family, has been designated a historic site by the city of Buenos Aires. The current owner, a tango aficionado and retired instructor who bought the building in 1994, hired Argentinean artist Abel Jorge Magnani to paint tango-themed murals throughout the house. In 2004, the owner acquired a 1960s apartment building next door and converted both buildings into the Dandi Royal, a 43-room hotel with three ballrooms and a restaurant. The owner lived in the mansion’s ground-floor bedroom suite. A buyer could convert the mansion to single-family use and revive, or sell, the now-dormant hotel annex.
A popular tourist draw for its cobblestone streets and centuries-old buildings, San Telmo is the oldest neighborhood in Buenos Aires. Its anchor is Plaza Dorrego, a square of bars and cafes that hosts the city’s biggest outdoor art and antiques market on Sundays. Usina del Arte, an art museum in a former power plant, is about 1.6 miles southeast. Parque Lezama, a lush 20-acre park on the site of a former estate, is at the southern border of the neighborhood.
Size: About 20,200 square feet for both buildings — 9,000 square feet in the mansion and 11,200 square feet in the annex
Price per square foot: $97
Indoors: The mansion’s front door, under a glass canopy, opens to a marble staircase that descends to an entry foyer. The entryway is illuminated by a skylight; an ornate, tiered chandelier hangs from the top floor. The front desk still occupies a corner of the main level, which includes two bedroom suites now used as sitting rooms. The mansion’s original woodwork has been maintained, including an original staircase that curves up to the second floor. Another tango mural covers the staircase wall.
The second floor has five bedrooms that were guest rooms, all with high ceilings, herringbone parquet floors, and en suite bathrooms with tubs or whirlpools. On the top floor, a Magnani mural covers one wall, and original iron grillwork encircles the top of the chandelier. The top floor features a small gym and a whirlpool, as well as a small sitting room next to the laundry room. Furniture, mostly sourced from antique stores, is available by separate negotiation.
Outdoor space: The back of the mansion’s main floor opens to a tiled courtyard terrace with plantings around its perimeter and an elaborately tiled fountain.
Costs: Annual property taxes are 1.2 million Argentinean pesos ($1,344).
Contact: Carolina Dumais, ReMind Group/Christie’s International Real Estate, +54-911-5062-7682, remind.com.ar
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