Buenos Aires’ Defensa Street Named One of the World’s Coolest
Buenos Aires, Argentina – Defensa Street in the historic San Telmo neighborhood has been recognized as one of the 31 coolest streets in the world, landing at number 24 on a recent global list. The ranking, which placed Rio de Janeiro’s Senate Street in first place and Mexico City’s Avenida Álvaro Obregón at number 15, highlights Defensa Street’s unique blend of history, commerce, and vibrant culture.
The street is known for its cobblestone pathways, antique shops, and the iconic Defense Passage, a commercial gallery housed in a building constructed in 1880 that reflects the architectural style of the time. Nearby, the neighborhood boasts the second oldest plaza in Buenos Aires, Dorrego Square, a National Historical Monument where Buenos Aires’ independence was announced in September 1816.
French’s Solar Gallery, famed for its colorful umbrella “roof,” is also a popular attraction, displaying a painting of Domingo French and Antonio Luis Beruti from the May Revolution of 1810.
Currently, the average rental price in San Telmo is $670,316, while the average purchase price is US$2,149/m. New apartments average US$2,885/m, while used properties are priced around US$1,916/m. the neighborhood offers a 5.2% profitability rate, slightly exceeding the city-wide average of 4.80%, with a minimal variation of 0.5% over the last 12 months.
