Mansions in Buenos Aires Area Listed for Over US$2 Million

The Buenos Aires Metropolitan Area (AMBA) real estate market features a segment of ultra-luxury properties, referred to as 'mansions,' with asking prices starting above US$2 million. While the term 'mansion' historically had modest origins, it now signifies grand, opulent residences with expansive grounds and hotel-like amenities.

Specialists often define a mansion as a property exceeding 8,000 square feet (approximately 750 square meters). In AMBA, this benchmark filters out much of the market, highlighting a niche of aspirational, high-priced homes. These properties can command prices reaching up to US$12.4 million, reflecting their exclusivity and prime locations.

The most expensive listing is a historic residence in Palermo Chico, Buenos Aires, priced at US$12.4 million. This property spans 1234 square meters, with 983 square meters of covered space. It boasts 14 rooms, five suites, a heated pool, a guest house, a wine cellar, and parking for two cars. The residence, once owned by Argentine-Hungarian Count Federico Zichy-Thyssen, has undergone extensive restoration, preserving original architectural details.

Another notable property is located in Basavilbaso, near Plaza San Martín, listed at US$10 million. This residence covers 1590 square meters, has 12 rooms, and includes 10 parking spaces. Built in the early 1900s in an eclectic style influenced by French Baroque, its location is a key asset, close to major avenues and government offices. The property has previously served as a venue for design exhibitions, including Casa FOA in 2015.