Spazios

What Spazios does

Spazios S.A. is an Argentine residential real estate developer founded in 2004 and headquartered in Buenos Aires, operating as part of Grupo Terravinci. The company designs, constructs, and sells multi-family and mixed-use residential buildings across Ciudad Autónoma de Buenos Aires (CABA) and Greater Buenos Aires (GBA), with 18 active projects in neighborhoods including Villa Devoto, Núñez, Villa Urquiza, Caballito, Villa Real, Caseros, Ituzaingó, and Tres de Febrero. The product portfolio is organized under two sub-brands: Spazio (premium buildings with amenities such as pools, solariums, and SUM) and Vivanti (lower-fee, value-oriented buildings). Unit formats range from studios to five-room apartments, priced from USD 60,000 to USD 125,700.

Spazios's core differentiator is its direct developer financing model that bypasses traditional bank mortgages. The company offers in-house installment plans of up to 360 monthly payments (30 years) with down payments starting from USD 9,900. Installments can be denominated in dollars or in Argentine pesos adjusted by the CAC (Cámara Argentina de la Construcción) construction-cost index, which tracks materials and labor rather than broader consumer inflation. Supporting the financing model is the proprietary Triángulo del Dueño® methodology, which structures the path to homeownership around income, expenses, and a bridge property, and the Metroterra savings plan, which lets prospective buyers accumulate the down payment through fixed peso installments. The 'credito al pozo' structure allows buyers to purchase during construction at a discount and move in before completing payment.

Spazios generates revenue primarily through one-time unit sales (developer margin on each apartment sold), with pricing varying by unit size, location, and construction phase. It sells directly to consumers through three physical sales offices (Cabildo, Devoto Shopping, Caseros), a self-service website booking platform, and a WhatsApp sales channel. Its target segments include first-time homebuyers without bank credit access, value-conscious buyers in emerging neighborhoods, real estate investors seeking inflation-protected assets, and international immigrants seeking property ownership. The company has created over 4,000 homeowners cumulatively, maintains a 4.7/5 rating from 2,200+ verified Google reviews, and is positioned as the leading Buenos Aires residential developer. Corporate operations are supported by three wholly-owned subsidiaries (Spazios Inmuebles SA, Inversegur Inmuebles SA, and Administración Financiera de Bienes Inmuebles SA) under the Grupo Terravinci parent structure.

Name

Spazios

Legal name

Spazios S.A.

Website

https://spazios.com.ar

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Spazios is an Argentine residential real estate developer that designs, constructs, and sells apartments across CABA and Greater Buenos Aires, serving first-time homebuyers and value-conscious buyers with direct in-house financing up to 30 years.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Real Estate Credit (522292)

SIC

Real Estate Dealers (For Their Own Account) (6532), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Multifamily Construction-to-Perm Financing (FSALAHAD)

Keywords

• Residential real estate development
• Direct property financing
• Multi-family housing construction
• Pozo property sales
• Mixed-use development

Headquarters

HQ city

Caseros

HQ country

Argentina

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Real Estate Development and Sales: Spazios designs, constructs, and sells residential real estate units. The company generates revenue from the development margin on apartment sales, offering financing directly to buyers through installment plans rather than relying on traditional bank mortgages.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Spazios designs, develops, and constructs multi-family residential and mixed-use buildings in Ciudad Autónoma de Buenos Aires (CABA) and Greater Buenos Aires (GBA), and sells the units directly to individual buyers. The company finances purchases in-house through installment plans of up to 360 monthly payments adjusted by the CAC (Cámara Argentina de la Construcción) index, eliminating the need for traditional bank mortgage credit.

Product overview

Spazios is a residential real estate developer operating in CABA and Greater Buenos Aires with 18+ projects across neighborhoods including Villa Devoto, Núñez, Villa Urquiza, Caballito, Villa Real, Ituzaingó, and Tres de Febrero. The portfolio is organized under two sub-brands: Spazio (premium buildings with high-end amenities) and Vivanti (quality-focused, low-maintenance-fee buildings). Product types range from studios (28 m²) to 5-room units. The core offering includes direct in-house financing plans of up to 30 years (360 installments) adjusted by the CAC index, with no bank involvement. Supporting products include a savings plan (Metroterra) for accumulating down payments, model unit visits, and promotional campaigns such as the Mundial 2026 raffle.

Differentiator

Problem solved

Functional benefit

Products and services

• Spazio Poetas A 6-floor premium-category residential building in Villa Devoto, CABA, with literature-themed architectural details. Offers 1- to 4-bedroom units, two elevators, and low maintenance fees. Targeted at buyers seeking a CABA-located owner-occupied unit.
• Spazio Black A premium residential building in Villa Devoto, CABA, with modern architectural design. Units of 3, 4, and 5 rooms with amenities including pool, solarium, grill, and SUM. Aimed at buyers seeking larger family configurations in CABA.
• Spazio Vivant An 8-floor premium residential building in Núñez, CABA, featuring a vertical green void as central atrium and a brick-screen facade. Units from 1 to 4 bedrooms with pool, solarium, green terrace, and SUM. Designed for buyers seeking premium amenities in a CABA neighborhood.
• Vivanti San Pedro An 8-floor residential building in Villa Raffo, Greater Buenos Aires, under the Vivanti sub-brand. Units of 1, 2, and 3 bedrooms designed for low maintenance fees through efficient amenity selection. Targeted at value-conscious buyers prioritizing affordability.
• CABA Sur (Constitución) First Spazios project in the southern CABA (Constitución) area, expanding the company's geographic footprint within the city. Offers direct bank-independent financing with down payments starting from USD 9,900 and installments from ARS $590,000. Targeted at first-time buyers seeking affordable entry in CABA Sur.
• Direct Property Financing Plans (crédito al pozo) In-house financing plans allowing purchase of Spazios units in installments of up to 360 monthly payments (30 years), with down payments splittable into 2-3 payments and installments adjusted by the CAC (Cámara Argentina de la Construcción) index. No bank credit required, enabling buyers to move in before completing full payment. Available across all current Spazios projects for individual buyers who cannot access traditional mortgages.
• Metroterra Savings Plan

Quantifiable outcome

• Properties priced 30% lower during early construction phases compared to final market value
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and supporting.

• Spazios Inmuebles SAcoreOthersLegal entity partner responsible for real estate operations, property commercialization, and post-sale warranty services for construction defects during the warranty period.
• Inversegur Inmuebles SAcoreOthersLegal entity partner involved in real estate investment and financial operations within the Spazios group structure.
• Administración Financiera de Bienes Inmuebles SAcoreOthersLegal entity partner responsible for financial administration of real estate properties within the corporate group.
• Cámara Argentina de la Construcción (CAC)coreTechnology or IntegrationThe Argentine Chamber of Construction provides the official CAC (Cámara Argentina de la Construcción) index used by Spazios to adjust installment payments. This index tracks construction costs including materials and labor, providing a fair and transparent adjustment mechanism.
• Zoho CRMsupportingTechnology or IntegrationCustomer relationship management platform used for managing client contacts and interactions throughout the sales and post-sale process.
• ZapiersupportingTechnology or IntegrationAutomation platform used for process automation connecting Spazios's various digital tools and systems.
• ZenviasupportingTechnology or IntegrationCommunication platform used for customer contact and follow-up via WhatsApp messaging.
• BrevosupportingTechnology or IntegrationEmail marketing platform used for sending newsletters, promotional communications, and customer engagement emails.
• Google AdssupportingGTM or Marketing PartnerDigital advertising platform used for paid search and display advertising campaigns for customer acquisition.
• Meta Ads (Facebook/Instagram)supportingGTM or Marketing PartnerSocial media advertising platform used for targeted advertising and remarketing campaigns on Facebook and Instagram.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Consultatio: Premium Buenos Aires residential developer focused on high-end multifamily projects in neighborhoods like Puerto Madero and Núñez. Closely comparable product category and geography to Spazios, but with a more premium positioning and traditional financing approach.
• Eidico: Argentine real estate developer with an innovative direct-financing model historically built around trust-based (fideicomiso) structures for unbanked buyers. The most directly comparable peer to Spazios in terms of customer segment and non-traditional financing approach.
• TGLT: Argentine residential developer with multifamily projects in Buenos Aires. Similar product category and geography, though TGLT operated at larger scale with public-market exposure and went through restructuring; offers a useful comparison for capital structure trade-offs.

Broad incumbents

• IRSA (IRSA Inversiones y Representaciones): Argentina's largest diversified real estate company with shopping centers, office buildings, hotels, and residential developments. Operates in the same Buenos Aires market as Spazios but on a much broader, publicly listed scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/Spazios
• Facebookfacebook.com/spazios.desarrolladora
• LinkedInlinkedin.com/company/spazios/mycompany
• Instagraminstagram.com/spazios.desarrolladora
• TikToktiktok.com/@spazios
• Xx.com/spaziosc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Spazios