What Consultatio does

Consultatio is a privately-held, family-controlled Argentine real estate development firm founded in 1981 by Eduardo F. Costantini. The firm operates across three formal segments — urbanizaciones (master-planned communities), residential buildings, and corporate towers — with assets and operations in Argentina, Uruguay, and the United States. According to the company's own disclosures, cumulative sales total USD 3,300M against USD 2,400M of cumulative development investment; 143,000 m² of residential and 92,000 m² of corporate office space have been delivered; and 3,350 hectares of urbanization land is controlled across flagship developments including the 1,700-hectare Nordelta community (launched 1998), the 1,400-hectare Puertos community (launched 2007), and the 240-hectare Las Garzas complex in Uruguay (launched 2007). HQ is at Leandro N. Alem 815, Piso 12, Buenos Aires, with the family-owned Costantini shareholding confirmed by leadership composition (Eduardo F. Costantini as President, Cristian Costantini as Vice President) and the 2008 Buenos Aires Stock Exchange listing under symbol CTIO.

Name

Consultatio

Legal name

Consultatio S.A.

Website

https://consultatio.com.ar

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Privately-held, Argentine family-controlled real estate developer founded in 1981 by Eduardo Costantini; develops master-planned communities, premium residential towers, and Class AAA corporate offices across Argentina, Uruguay, and the United States.

Ownership category

akta.pro rank

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: Development and sale of premium residential properties including apartments, penthouses, townhouses in urban developments like Oceana Puerto Madero, Oceana Nordelta, Huergo 475, and Grand Bourg. Units range from 1-4 bedrooms with prices starting from USD 5,100 per m².
2. Urbanization/Land Development: Large-scale masterplan communities including Nordelta (1,700 hectares), Puertos (1,400 hectares), Las Garzas in Uruguay (240 hectares). Sale of residential lots to buyers who build custom homes.
3. Corporate Office Development: Development and lease/sale of Class AAA office towers including Catalinas Norte, Alem Plaza, Catalinas Plaza, and Catalinas Río. Buildings ranging from 31-38 floors in prime Buenos Aires locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Consultatio develops, markets, and sells premium residential towers, corporate office buildings, and large-scale master-planned communities (urbanizaciones) in Argentina, Uruguay, and the United States. Its portfolio spans more than 3,350 hectares of urbanization land, 143,000 m² of residential dwellings, and 92,000 m² of corporate office space, delivered via brands including Oceana, Quartier, Catalinas, and signature communities such as Nordelta, Puertos, and Las Garzas.

Differentiator

Problem solved

Functional benefit

Brands

• Oceana: Luxury residential brand featuring premium apartments and towers in waterfront and urban locations — Oceana Puerto Madero, Oceana Nordelta, Oceana Key Biscayne, Oceana Bal Harbour.
• Quartier
• Malba
• So Riverie

Products and services

• Nordelta Urbanization Master-planned urbanization community of 1,700 hectares in Tigre, Buenos Aires province, offering residential lots, lakes, sports facilities, and amenities to high-net-worth families and individuals seeking premium suburban living.
• Puertos Urbanization Master-planned urbanization of 1,400 hectares in Escobar, Argentina, with 60-hectare riparian reserve, native species landscaping, water management, and Malba Puertos cultural venue. Lots priced US$120,000 to US$600,000 with 30% deposits and 36-installment financing.
• Las Garzas Residential Tourist Complex Residential tourist complex spanning 240 hectares in Rocha, Uruguay, with 1,800 linear meters of coastline offering premium coastal residential and lifestyle lots.
• Oceana Puerto Madero Residential Tower Two premium residential buildings in Puerto Madero, Buenos Aires, offering 1-4 bedroom apartments from 82 m² to 650 m², with penthouses featuring private terraces and pools, commercialized from USD 5,100 per m².
• Oceana Nordelta Residential Tower Luxury EDGE-certified residential tower inside Nordelta private city spanning 23,000+ m² with 131 units (townhouses, apartments, penthouses), located on a peninsula at Nordelta's Lake Central, targeting high-net-worth buyers and families.
• Huergo 475 Residential Tower 38-floor premium residential tower in Puerto Madero, Buenos Aires, with 1,500 m² of building amenities and a 2,800 m² public plaza, targeting premium urban buyers.
• Grand Bourg Residential Building Premium residential building in Palermo Chico, Buenos Aires, designed in French academicist style and fully sold within 15 days of launch.
• Quartier Ocampo Residential Tower Premium residential tower in Palermo, Buenos Aires, with 26 floors and 4 units per floor (Quartier brand under Argencons).
• Oceana Key Biscayne (Miami) High-end luxury residential project in Key Biscayne, Miami, comprising premium apartments and villas targeting international and U.S.-based high-net-worth buyers.
• Oceana Bal Harbour (Miami) Luxury residential project in Bal Harbour, Miami, situated on 2.2 hectares of premium waterfront land, offering high-end apartments targeting international premium buyers.
• Catalinas Plaza Corporate Tower Class AAA corporate office tower in Puerto Madero, Buenos Aires, the first AAA corporate tower delivered in the district by Consultatio.
• Alem Plaza Corporate Tower 31-floor Class AAA corporate office tower in Puerto Madero, Buenos Aires, providing premium office space to corporate tenants.
• Catalinas Norte Corporate Tower 33-floor Class AAA corporate office tower (BBVA offices) in Puerto Madero, Buenos Aires, leased or sold to premium corporate tenants.
• Malba Puertos Museum Venue Cultural museum venue operated within the Puertos urbanization as a sister location to MALBA, featuring public art circuit, exhibition halls, forest exhibition areas, and a technical reserve visible to the public; offered as a cultural amenity within the development.

Quantifiable outcome

• First place in Ranking de Excelencia ARQ in developer category (2025)
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Adolfo CambiasominorStrategic or Co-development Partner · 1 January 2025Costantini partnered with Adolfo Cambiaso to acquire the Báez field in Punta del Este through auction. The partnership represents a joint real estate investment in premium Uruguay coastal property.
• ArgenconscoreStrategic or Co-development Partner · 1 January 2024Consultatio acquired 51% stake in Argencons for $12.75 million, gaining control of the developer behind the Quartier brand with a portfolio of over 1 million square meters built across Argentina and Uruguay. The acquisition adds the fideicomiso al costo (trust-at-cost) business model to Consultatio's portfolio, enabling higher volume development with less capital per unit.
• MALBA (Museo de Arte Latinoamericano de Buenos Aires)coreStrategic or Co-development Partner · 1 January 2021Consultatio is main sponsor of MALBA, accompanying exhibitions and programs. Eduardo Costantini founded MALBA in 2001 with a donation of over 220 artworks. The partnership includes development of Malba Puertos, a new transparent museum venue in the Puertos development.
• Alan FaenacoreStrategic or Co-development Partner · 1 January 2017Creative partnership for Oceana Puerto Madero project. Alan Faena collaborated with Eduardo Costantini on design and concept for the dual-building residential complex with central plaza. Consultatio SAU acquired the land in 80/20 split with investment fund for $44 million.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Grupo Portland: Argentine developer of premium residential towers in Buenos Aires (Portland Palermo, Portland Puerto Madero). Comparable in product type (high-end urban residential), customer segment, and Argentine market focus.
• The Related Group: Jorge Pérez-led US luxury residential developer with a heavy concentration in Miami (Paramount, Auberge, SLS Brickell). Directly comparable to Consultatio's Oceana Key Biscayne and Oceana Bal Harbour US portfolio in product type and customer segment.
• IRSA: Argentina's largest diversified real estate company (controlled by Eduardo Elsztain), with shopping malls, office towers, and premium residential developments (including projects in Puerto Madero and Palermo). Directly comparable in segment mix (urbanizaciones, offices, residential) and Argentine premium positioning.
• Raghsa: Premium Buenos Aires real estate developer behind the Le Parc tower brand (Palermo, Belgrano, Núñez) and Class A office buildings. Directly comparable in luxury urban residential positioning and Buenos Aires-centric footprint.
• TGLT: Argentine premium residential developer historically focused on Buenos Aires high-rise projects (Forum, Torres Bellini, Astor brands). Closely comparable in product type (urban residential towers) and customer segment (mid-to-upper income).
• Grupo Faena: Alan Faena's luxury real estate and hospitality brand (Faena Miami, Faena Buenos Aires, Faena District). Directly comparable in luxury positioning and integrated art-culture-architecture identity; historical collaboration partner on Oceana Puerto Madero.

Broad incumbents

• Lennar Corporation: Largest US homebuilder with deep exposure to master-planned communities (Summerlin, Lakewood Ranch, Estrella). Comparable in urbanization-scale masterplan model and land-bank-driven development approach, though broader and more mass-market.

Regional players

• Cyrela Brazil Realty: One of Brazil's largest premium residential developers (Cyrela, Living, Cyrela By You brands). Comparable in upscale residential product and masterplan community scale, though operating in Brazil rather than Consultatio's primary Argentine/Uruguayan/US geographies.
• Vinte Viviendas Integrales: Mexican residential developer focused on master-planned communities and sustainable housing. Comparable in masterplan-community product model and EDGE/sustainability certifications, though serving a different geography and income segment.
• Parque Arauco: Chilean real estate developer/operator with mall and mixed-use projects in Chile, Peru, and Colombia. Comparable in scale of Latin American mixed-use master developments, though primarily retail-led rather than Consultatio's residential-led urbanization model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Consultatio