Overview
- All sales will run exclusively on the state SUBAST.AR platform with at least 30 days’ public notice and base prices set by the National Appraisal Tribunal.
- Eligible bidders must have an Argentine domicile, prove tax and social-security solvency, declare the lawful origin of funds, avoid politically exposed status, and post a prior guarantee.
- Auctions adjudicate automatically after five minutes without a higher offer, and winners must pay 100% of the price plus deed costs before transfer via the Government Notary Office.
- The inventory includes finished but never-adjudicated units and vacant lots across several provinces, with AABE and the Public Works Secretariat releasing calls progressively and first rounds reported for before year-end.
- Current Procrear borrowers keep their original loan terms under Banco Hipotecario, as the auctions focus solely on residual assets from the dissolved fund.