The Nation will auction a 2,796 m2 (30,110 square feet) plot at Humberto Primo and Tucumán, Córdoba capital, as part of a national plan. This is the first property in Córdoba included in the initiative to dispose of 400 state-owned properties across the country. The lot has belonged to the State since 2005 and is under the jurisdiction of Arca, acquired with the intention of building offices that were never constructed.
The plot is 50 meters (164 feet) from the main headquarters of Epec, 100 meters (328 feet) from the Naranja X building, and near the riverfront. According to the terms, it is unoccupied, in fair condition, and located in an area with residential buildings, businesses, and public offices. The Appraisal Tribunal calculated a construction capacity of 18,508 m2 (199,220 square feet), suitable for housing, offices, and commercial premises, increasing its appeal.
The total area of the lot is 2,796 m2 (30,110 square feet), with 121 m2 (1,302 square feet) covered and 20 m2 (215 square feet) semi-covered, and the starting price is U$S 1,104,313. Each bid must exceed the minimum increment of U$S 16,600, as established by public auction 392-0062-SPU25 of AABE. The sale will be conducted electronically through Subast.Ar on October 6 at 14:00, with registration closing on September 29.
Milei's government announced in 2024 the sale of 400 properties nationwide, including four located in Córdoba. Among them is a central plot at the corner of Humberto Primo and Tucumán, and three lots in Malagueño alongside the Córdoba-Carlos Paz highway. These plots currently house the Sociedad Rural de Córdoba, the Mercado Cooperativa San Miguel, and several homes of families settled in former Army properties.
Requirements and benefits of the auction for the successful bidder
The buyer must carry out permanent works equivalent to 80% of the authorized construction area within a maximum period of 96 months. An initial payment of 10% is required within 15 days after the award and an additional 10% within 30 days. The remaining balance must be paid within 60 days, and the successful bidder must assume environmental remediation and hold the State harmless.
