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Real Estate News This is the most expensive property for sale in Palermo - La Nacion Propiedades

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This is the most expensive property for sale in Palermo - La Nacion Propiedades​



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May 07, 2025



There are more than 11,500 properties for sale in the neighborhood; the most expensive apartment is in a luxury tower with multiple amenities.





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The most expensive apartment for sale in Palermo is in the luxurious tower



In a context where apartment prices in the city of Buenos Aires show signs of recovery , with an 11% year-over-year increase according to the latest market surveys, areas such as Palermo consolidate their place among the most valued . With an average price of US$3,215/m² , the neighborhood remains one of the most expensive in the city, driven by its green surroundings , its cultural and gastronomic offerings , and the presence of high-end real estate developments .



According to a survey by Zonaprop, there are currently 11,522 properties listed on the platform in Palermo. Among them, the most expensive is an seven-bedroom apartment that occupies an entire floor of the Le Parc Demaría tower , at 4550 Le Parc Demaría Street.



It has a total area of 800 m² , four bedrooms , four parking spaces , and is offered for US$8,000,000 . The building, one of the most exclusive in the area, features high-end amenities such as an indoor and outdoor pool, gym, spa, sauna, multi-purpose room, children's games, 24-hour security, and complimentary parking.







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The entrance hall of Le Parc Demaria







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The SUM offers total privacy







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The shared heated pool







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The children's play area is located outside the building.







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Panoramic view of the city of Buenos Aires from Le Parc Demaría

The property stands out not only for its surface area and amenities, but also for its prime location within the green corridor formed by the neighborhood's parks, very close to the Rose Garden, the Hippodrome, and the forests, an area that in recent years has established itself as one of the hubs with the highest concentration of premium high-rise towers. According to a recent report, the highest values in the neighborhood are concentrated in Palermo Chico and along Figueroa Alcorta Avenue, an area where the square meter can be double the city average.



Very close to the most expensive property, at the intersection of Gelly and Casares, another luxury apartment is seeking a buyer for US$6,500,000 . Located in the Torre Viñoly , one of the neighborhood's newest high-end developments, it offers 520 m², four en-suite bedrooms, five bathrooms , and four parking spaces .







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At the top of the Viñoly Tower, another apartment is offered for US$6,500,000.

In third place on the ranking of the most expensive properties is a property in the iconic Grand Bourg building, on Figueroa Alcorta 3000. There, a seven-room apartment with three bedrooms, four bathrooms, and two parking spaces is listed for US$6,400,000 .







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The elegance and French style of the Grand Bourg tower in Palermo Google Maps







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The main living room combines classic details with large windows that allow natural light to enter.





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The en suite bathroom is clad in marble





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The master bedroom offers an open view of the park and has built-in closets.



The luxury market in Palermo is not homogeneous. While these exceptional properties attract attention due to their multimillion-dollar prices, they also coexist with more affordable units. According to another recent report, Palermo Hollywood offers a greater diversity of types and prices , attracting young professionals and investors looking for short-term rentals.

As Germán Gómez Picasso , director of Reporte Inmobiliario, explained at the time , " premium properties that are well-located, with services and amenities, tend to retain their value better because they are aimed at an audience that does not depend on financing and prioritizes quality and location over price."



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