A premium residential complex developed by NorthBaires, and located where the old offices of the Polka production company used to work, revolutionized an area of the city that today vibrates as the new epicenter of trends with its shops, bars, design and young life. A new phase of the program to buy in installments is launched on the market in an extraordinary condominium with gardens and swimming pools between Jorge Newbery, Maure and Álvarez Thomas and Córdoba avenues, in the area chosen by tourists for their temporary rentals when they visit the country.
Palermo is the area chosen by tourists who visit Buenos Aires to live unique moments, which fully represent the feeling and life of Buenos Aires. Mindful of this phenomenon, the developer NorthBaires decided to bet on the phenomenon of the sale of units for temporary rent in a specific area of Palermo that these days is going through an amazing transformation, which is reflected in the demand for properties to live in or invest for temporary income through the most consolidated digital platforms, since they generate a huge difference in the return of real estate investments.
Located in the triangle between Colegiales, Palermo and Chacarita, the so-called Chacalermo has established itself as the most sought-after neighborhood in the city of Buenos Aires and as an example of urban development with respect for the imprint and culture of the neighborhood. It is where the international tourist wants to stop, inevitably. It is there where the supply of properties for temporary rent is consolidated.
NorthBaires, owner of the prestigious building brand OM, was one of the first to detect the phenomenon that was projected on the area, and launched a real estate project that was unique in size and services, with all the characteristics of this new center of the city. . Today, with the work started and with the deliveries scheduled for December 2025, OM Palermo (www.northbaires.com.ar/emprendimientos/om-palermo), has consolidated itself as a benchmark in the temporary rental segment due to its location, its amenities and its functionalities: a building conceived to be the trend in a trend-setting neighborhood.
But what has the most impact on the market is that OM Palermo offers a unique purchase modality: the developer allows the purchase of a complex unit financed in 80 installments for an amount that almost represents the value of a monthly rent. And even more: the purchase model allows the owner to finish paying in the years after they have moved, while they already live there.
Given the strong demand registered, the company launched in the first half of May a new number of properties under this modality. Located where the old offices of the production company Polka used to work, on an extraordinary piece of land between Jorge Newbery, Maure, and Álvarez Thomas and Córdoba avenues, with 35 meters of frontage at both exits, OM Palermo is a residential complex designed financially and architecturally for the segment young premium, which makes this area of the city a pole of trends.
The cobblestone streets, with large trees and green spaces, and classic Buenos Aires architecture offer a perfect mix for recreation and the development of urban aesthetics among vermouth bars, corner cafes, art galleries, and author venues from different items. This mix of trends and landscapes give it a charm comparable to the Le Marais neighborhood in Paris, which is characterized as the epicenter of young life and cultural offerings.
In this new stage of sale, the developer allows the purchase of residences in the complex in such a way that those who purchase a unit end up paying for it in 40 monthly installments after having moved, which is a unique format in the current market.
The model is simple: with a down payment of 30% of the total for the unit, a payment plan is agreed that consists of 80 installments payable in 6 and a half years (80 months) in two installments. The first 40 installments are paid during the development of the complex, which is already underway and will be completed in 36 months, and the second 40 installments are paid after the delivery of the unit, already living in the acquired residence.
The units, mostly one and two rooms, are the ones that generate the greatest demand, and allow the owner to take possession of his unit and, after having moved into his own home, complete the installments.
The company even developed a virtual calculator and uploaded it to the project website (https://northbaires.com.ar/calculadora/) so that those interested can estimate the fees they would pay based on the unit that interests them.
The complex is unique, and consists of two 10-story buildings each located in the middle of a lot of unthinkable dimensions for the area. The land occupies a third of the block. It has 35 meters of frontage at both exits and 68 meters deep, offering a total of 256 apartments and exclusive services, a landscaped garden, swimming pools, rooftops and a huge internal coworking.
With the works already started, the completion period is scheduled for within 36 months. The commercialization of the units started more than a year ago and more than 80 percent of the apartments have already been sold.
Arriving first has its benefits: OM Palermo is the trend, in the neighborhood that sets trends.
by CEDOC
