Puerto Madero is “a very premium market, the most expensive and exclusive neighborhood in Buenos Aires,” said Mercedes Ginevra, the owner of Ginevra Sotheby’s International Realty.
In May, the Related Group, a Miami-based developer, announced a large luxury project, SLS LUX Puerto Madero. Eighty percent of its 127 condo residences presold within four months, said Carlos Rosso, the president of condominium development for the Related Group. It is expected to be completed in 2019, he said. Prices range from the low $600,000s to $4 million.
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