On Global Properties, you’ll find over 5,000 listings featuring real estate for sale in Palermo, sourced from reliable agencies and direct from developers. Choose the listing that interests you, review the details including price, layout and description and then contact the seller directly via phone or private messages.
- Minimum cost of property in Palermo: USD 35,000
- Highest real estate value in Palermo: USD 2.3 million
- Minimum area: 12 sq. m2
- Maximum area: 300 m2
Purchasing real estate in Argentina does not automatically entitle you to a residence permit. To obtain a residency, you must meet specific conditions outlined in the immigration policy, which may vary depending on the category of foreign nationals.
Property in Palermo
Palermo, one of the most picturesque and trendy neighbourhoods in Buenos Aires, Argentina, draws the attention of property buyers with its unique blend of cultural life, green spaces and architectural diversity. This section of the city offers numerous options, from chic apartments in Argentina to cosy homes.
The region is renowned for its stylish apartment complexes, often featuring modern amenities such as swimming pools, fitness centres and 24-hour security. Apartment sizes vary from compact studios to spacious penthouses with magnificent city views. In recent years, many lofts converted from old industrial spaces have also emerged. These spaces offer open floor plans and industrial design, which particularly appeals to young professionals and creative intellectuals.
In quieter parts of the neighbourhood, you can find detached homes and townhouses with private backyards, offering more privacy and space for families with children.
Best locations to buy property:
- Soho: This trendy neighbourhood is renowned for its upscale stores, bars and restaurants. Life here is vibrant day and night, making it ideal for those seeking constant entertainment and excitement;
- Hollywood: Renowned for its vibrant dining scene, bustling nightlife and cultural attractions, Hollywood is a hotspot for both locals and tourists.
- Chico and Barrio Park: These quieter and more exclusive neighbourhoods offer upscale apartments and luxury villas with views of parks and lakes.
Buying property in these locations presents the opportunity to reside in some of the most prestigious and culturally rich areas of the city, where each street and building boasts its unique history. Whether you seek a house for personal use or intend to invest in properties in Palermo, Argentina, the market offers a variety of options to suit all preferences and budgets.
Reasons for investing in property in Palermo
Foreigners can purchase properties in Palermo for investment. Such investments are potentially profitable due to stable price growth and a favourable rate of return. The region is renowned for its vibrant cultural life, quality architecture and variety of restaurants and bars, making it popular with both tourists and the indigenous population.
Properties for sale in Palermo have experienced substantial price growth over the past few years. As per the latest figures, the average cost of housing in the area has risen by around 4-6% over the year. This is primarily due to an increase in demand among both local and foreign investors.
The rental profitability ratio also remains at a high level, with an average yield of around 5-7% per annum. This profitability continues to attract investors, as the constant flow of tourists and business travellers to the area ensures maximum occupancy.
The region offers a variety of investment properties, including modern apartments in new buildings, historic apartments in reconstructed buildings and luxury villas. Investments in housing at the initial stages of construction of new projects often present particularly attractive conditions, including discounts and the potential to sell the property at a higher price after commissioning.
Buying real estate in Palermo
On our online service, you’ll find a wide range of foreign properties, from cosy studios to luxury houses in Argentina. Our website is equipped with tools for quick and easy search and selection of properties, saving you time and effort.
The system provides direct access to an extensive database. You can set filters by housing type, location, price and number of rooms. We regularly update our database to ensure that offers are up-to-date and fresh. The built-in converter helps you instantly convert property prices in Palermo into the currency of your choice.
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