Palermo Green, Buenos Aires

According to an article entitled “Palermo que no se detiene,” written in La Nacion (August of 2008), Palermo Green is a new, sought after barrio in the growing pantheon of Palermo barrios. It is called Palermo “Green” because of its tree-lined streets.  These streets are surprisingly quiet and calm, even though they are near busy avenues.  With a variety of idyllic options, Palermo Green has property for sale from 2,000 dollars per square meter.

It hasn’t been that long since Palermo was known only as Palermo; now it has multiplied and divided into Palermo Chico, Sensible, SoHo, Hollywood, Altos, Nuevo, Queens, Bótanico, and Verde.

Palermo Green—also known as Palermo Verde or Natural—is associated with the Bosques (Forests) of Palermo, a series of beautiful green parks in the north of the city. However, the span of the newly baptized Palermo Verde is actually inside the square created by Avenue Córdoba, Avenue Scalabrini Ortiz, Calle Paraguay, and Calle Sánchez de Bustamonte. This area does not include the northern parks that some people compare to Hyde Park in London or Bois de Boulogne in Paris; it is south of the parks.  Instead, what make Palermo Green “green” are the trees that line its streets and the absence of traffic; it retains the peacefulness that much of Palermo has lost to its own success and popularity.

Prices in Palermo Green are still lower than those in the rest of Palermo. Vacant land there costs between 450 to 500 dollars per square meter and can be purchased in smaller lots.  On many blocks of Palermo Green, the buildings have a yellow and white painting design which creates a more unified, neighborhood atmosphere than in other, more construction filled parts of Palermo.  Buildings that feel like houses are highly sought after, and Palermo Verde has many large buildings, two stories, that run horizontally with patios and terraces. Great for a family, these buildings sell for around 1,700 to 2,000 dollars per square meter.

In some of the newer, tower buildings, small apartments are sought after by students, singles, and people from outside the city.  Because of this, it is important that Palermo Verde is well situated between various branches of the public and private universities. These apartments cost around 1,700 to 2,300 dollars per square meter, though previously used ones are sometimes cheaper:  1,400 to 1,600 dollars per square meter.

With old-fashioned houses for families and modern apartment towers for students and outsiders, Palermo Verde attracts a variety of residents.

There are those who object to the renaming of so many parts of the city, which brakes from the traditional 48 recognized barrios. They say that the city is slowly becoming Palermo-ized, as the Palermo moniker absorbs surrounding barrios; technically, Palermo only covers four square kilometers.  However, this attitude ignores the realities of development in barrios like Palermo, where different sections have come to represent different life-styles.


Buenos Aires Map
Palermo Buenos Aires Map

Palermo Hollywood Buenos Aires Map
Palermo Soho Buenos Aires Map

Palermo Chico Buenos Aires Map


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