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Invest in History: Garofalo's Iconic Residence Hits Buenos Aires Market

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BNN Correspondents
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Historic Buenos Aires Mansion Designed by Federico Garofalo on Sale

In Buenos Aires, a grand residential complex designed by the pioneering engineer Federico Garofalo, famed for his work in reinforced concrete and the design of Argentine football stadiums, is up for sale. This mansion, nestled in the Colegiales neighborhood, was built between 1927 and 1928 and is renowned for its blend of architectural styles and its Spanish Neobaroque facade.

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Federico Garofalo: A Pioneer of Reinforced Concrete

Garofalo, besides his residential work, is celebrated for his contributions to stadiums like those of Independiente and Newells Old Boys. He was the first in South America to utilize reinforced concrete in such structures. His innovative approach not only revolutionized the construction industry but also etched an indelible mark in the annals of architectural history.

Preservation of Historical Heritage

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The property, originally a single-family home, is being subdivided into six functional units with preserved heritage elements, thanks to a trust established in 2017 with the aim of safeguarding historical heritage. The renovations, which include the restoration of original materials and the incorporation of modern elements, were completed at the end of 2019.

Investment Opportunity

The units, ideal for couples or families, are on the market for around USD 3,000 per square meter. This presents a unique opportunity for investors to own a piece of Buenos Aires' architectural history while enjoying the comforts of modern living within a historical setting.

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