Buenos Aires: A city of tango and timeless charm

By KIRAN GILL

Situated on the Río de la Plata shore, Argentina’s capital, Buenos Aires, dazzles visitors and residents alike with its European-inspired architecture, vibrant culture and infectious energy.

At every corner, the city’s architectural splendor is on full display as grand, Belle Époque mansions and neoclassical facades exist in harmony with colorful street art and towering skyscrapers. Broad avenues lined with jacaranda trees give way to intimate cobblestone streets where rhythmic tango music echoes from historic dance halls.

Living in the city that is described as the “Paris of South America” means one can admire the ornate splendor of Teatro Colón, an opera house from 1908, in the morning before sipping on a café con leche at the iconic literary haunt Café Tortoni – a favorite of Argentinian author Jorge Luis Borges. 

Afternoons can be spent basking in the serene Japanese Gardens, exploring the Parque Tres de Febrero or shopping along the luxurious Avenida Alvear. In the evenings, indulge taste buds with a meal at Tegui or Don Julio before experiencing a dynamic tango performance at the Faena Hotel Buenos Aires.

In the following Q&A, Kevin Arlandi, COO of real estate firm Central Maxre Real Estate Argentina and ReloDirector Global of Central Real Estate Argentina, tells Luxury Portfolio all about this remarkable city.

What makes Buenos Aires a special place to live?   

Buenos Aires is the perfect fusion of European sophistication and the dynamic energy of a metropolis that never sleeps. The city’s architecture reflects centuries of history and refined taste, with avenues reminiscent of Paris and districts that capture the bohemian charm of Montmartre — such as San Telmo, where cobblestone passageways, restored facades and boutique cafés invite visitors to immerse themselves in its unique atmosphere.

Offering a perfect balance of nightlife, security and exclusivity, Buenos Aires boasts private clubs, rooftop venues with stunning views and world-class cultural events. In this city, every day is an opportunity to experience the extraordinary.

How has Buenos Aires changed in recent years and what trends are shaping its future?

Buenos Aires has solidified its position as the luxury capital of Latin America. In recent years, the high-end real estate market has experienced exponential growth, driven by the resurgence of historically significant properties, the development of premium towers and the increasing demand for residences that offer security, exclusivity and state-of-the-art technology.

The city’s lifestyle has also reached new heights of sophistication — from a flourishing culinary scene with internationally acclaimed restaurants to a vibrant cultural agenda featuring private events in historic mansions, boutique wine tastings and exclusive tango performances in breathtaking settings. 

Additionally, Buenos Aires has reinforced its reputation as a safe haven for high-net-worth investors, offering exceptional property value compared to other global metropolises.

What makes Argentinian cuisine special? Are there any dishes that Buenos Aires is known for?

Argentine cuisine is a tribute to luxury in its most authentic form. Buenos Aires has perfected the art of the asado (Argentine barbecue), elevating it to a gourmet experience with carefully selected, aged meats to ensure unparalleled flavor. 

Signature empanadas, reimagined by world-class chefs, and luxurious pastries featuring artisanal dulce de leche also stand out.

Argentine wine — featuring cult labels from Mendoza and Patagonia — is an essential element of the city’s high-end gastronomy, with exclusive tasting experiences in private cellars and sommelier-curated wine pairings.

What role does tango still play in the cultural identity of the city?

Tango remains the soul of Buenos Aires. While it has evolved over time, its essence continues to resonate in the city’s most exclusive settings. From private milongas in San Telmo to high-end performances at Mansión Algodón or the Faena Hotel Buenos Aires, tango is an experience of luxury.

For the international elite, private tango events hosted in historic palaces have become some of the most sought-after experiences, where dance and music blend with history and sophistication to create an unforgettable evening.

¿A qué barrios se dirigen los compradores de lujo?

Discerning buyers seek properties in neighborhoods that embody the essence of luxury and exclusivity.

Puerto Madero is home to glass skyscrapers offering double-height penthouses, infinity pools and world-class concierge services. Palermo Chico is the city’s most aristocratic and private enclave, where embassies and hidden mansions create an oasis of tranquility.

Meanwhile, Recoleta is a district where Parisian influences are evident in Haussmann-inspired residences and a refined social scene. Both Barrancas de Belgrano and Belgrano R offer a unique blend of history, exclusivity and sophistication.