Buenos Aires government restores 1,000 properties to owners

The government of Buenos Aires, Argentina, reached a milestone by recovering and returning 1,000 properties to their legal owners.

Jorge Macri, the city's chief of government, announced the achievement during an event at Parque Patricios. The initiative aimed to address long-standing issues of illegal occupation and restore legal rights to residents and businesses across the city. The recovered assets include private homes, family hotels, buildings, former factories, and sites of architectural value.

Macri stated that these properties represent more than USD 500 million in value returned to rightful owners. The government officials noted that some legal processes to reclaim these properties had lasted up to 40 years. The city police conducted the evictions to clear out unauthorized occupants and dismantle illegal activities. The operations targeted various types of occupations. In some areas, authorities closed clandestine textile workshops where minors were working.

In other cases, the government reclaimed hotels used to hide criminals or host illegal activities. The city also intervened in large residential buildings and historic sites. The government stated that these actions were intended to stop criminals and organized networks from profiting from the needs of others. Owners who regained their property shared their experiences of long legal battles.

One resident regained a family hotel after six years of occupation, while another man recovered his childhood home after a decade of litigation. The city government plans to continue enforcing laws against property usurpers to ensure the security of private property.