# Argentina asset sales and Senate land amendment rejection > Live situation record from CLSTR: https://clstr.news/situations/argentina-state-asset-auctions > Updated: 2026-08-21T14:21:28.000Z. Sources: 174. Developments: 5. Argentina’s public-asset disposal programme continues through July-August 2026, with auctions of the Pro.Cre.Ar housing project in Junín, a seized property in Bahía Blanca and six inheritance apartments slated for 14 August; proceeds are earmarked for the Permanent Educational Fund. Resolution 120/26 (30 July) authorised private digital platforms to run online auctions of unused state movable assets, expanding disposals beyond real-estate, and the administration reaffirmed its goal of selling more than 400 state-owned properties by 2028. On 4 August the Milei government announced an amendment to the draft “Ley de Tierras”, raising the foreign-ownership ceiling on rural land from 15% to 25% at the provincial level, removing municipal caps, and eliminating the 1,000-hectare limit in the core agricultural zone. The proposal required joint national-provincial approval and registration of each acquisition, with the buyer’s nationality recorded. Senate leader Patricia Bullrich presented the changes as a compromise and scheduled a vote for 6 August. Opposition parties, Peronist groups and civil-society organisations protested, using the slogan “La patria no se vende”. The day of the vote, Vice-president and Senate president Victoria Villarruel signed a decree allowing pregnant Senator Anabel Fernández Sagasti to vote remotely. However, on 7 August the Senate removed the controversial clause before the vote and formally rejected the amendment. Senators Lucía Corpacci and Luis Juez criticised the process as lacking transparency and warned that foreign control of strategic resources such as lithium, gold and copper could threaten provincial development. The remote-voting decree remains in force, pending ratification by a simple Senate majority. Following the legislative rejection, the government has continued its asset liquidation via Decree 764/2026. Signed by President Javier Milei and Chief of Cabinet Diego Santilli, this measure empowers the State Property Administration Agency (AABE) to auction four large-scale properties in Buenos Aires, Córdoba, Mendoza, and Tierra del Fuego. ## Claims - The amendment raises the foreign ownership limit for rural land to 25% per province, up from 15%. (corroborated by 21 sources) - The Argentine Senate will debate a land reform bill on 6 August 2026. (corroborated by 19 sources) - The amendment eliminates municipal and departmental caps on foreign land ownership, keeping only a 25% ceiling at national and provincial levels. (corroborated by 18 sources) - Victoria Villarruel signed a decree authorising Anabel Fernández Sagasti to participate remotely in the Senate session. (corroborated by 16 sources) - Patricia Bullrich announced the amendment in a Senate press conference. (corroborated by 15 sources) - The current law limits foreign ownership of rural land to 15% at national, provincial and municipal levels. (corroborated by 15 sources) - Economy Minister Federico Sturzenegger is identified as the main proponent of the land‑law amendment. (corroborated by 15 sources) - The original proposal aimed to eliminate the 15 % cap on foreign ownership of rural lands. (corroborated by 13 sources) - The amendment was presented to gain Senate support and avoid a new legislative defeat. (corroborated by 13 sources) - Anabel Fernández Sagasti is 32 weeks pregnant and has a medical restriction that prohibits long‑distance travel. (corroborated by 11 sources) - The bill eliminates the “silence administrative” mechanism, requiring explicit authorization for all land transfers. (corroborated by 10 sources) - Provinces will retain the power to approve, regulate, or reject foreign purchases of rural land within their territory. (corroborated by 10 sources) ## Timeline ### 2026-08-21: Argentina authorizes sale of state-owned properties Argentina has authorized the sale of four state-owned properties in Buenos Aires, Córdoba, Mendoza, and Tierra del Fuego to generate Treasury revenue and reduce maintenance costs. 8 sources. https://clstr.news/cluster/argentina-authorizes-sale-of-state-owned-properties ### 2026-08-02: Argentina Senate to vote on land‑ownership amendment raising foreign cap to 25% Argentina's Senate will vote on 6 Aug 2026 to raise the foreign ownership cap on rural land to 25 % per province, amid protests, a remote‑voting request for pregnant senator Anabel Fernández Sagasti, and strong 165 sources. https://clstr.news/cluster/argentina-accelerates-state-property-sales-and-land-reform ### 2026-07-30: Chile and Argentina push ahead with large-scale public asset sales Chile begins selling 14 public properties in Coquimbo as part of a $300 million plan, while Argentina launches a new resolution for online auctions of unused state assets to speed disposals and raise revenue. 4 sources. https://clstr.news/cluster/chile-and-argentina-push-ahead-with-large-scale-public-asset-sales ### 2026-07-24: Banco Ciudad to auction six Buenos Aires properties online Banco Ciudad will hold an online auction on 14 August for six vacant‑inheritance properties in Buenos Aires, with base prices from USD 36,727 to USD 138,880; proceeds fund the city’s Permanent Educational Fund. 2 sources. https://clstr.news/cluster/banco-ciudad-to-auction-six-buenos-aires-properties-online ### 2026-07-19: Argentina auctions state-owned housing project and seized property Argentina will auction the Pro.Cre.Ar Junín housing project (US$7 M) and a seized Bahía Blanca property (US$162 K) as part of its state‑asset disposal strategy. 2 sources. https://clstr.news/cluster/argentina-auctions-state-owned-housing-project-and-seized-property --- Cite as: Argentina asset sales and Senate land amendment rejection. CLSTR, https://clstr.news/situations/argentina-state-asset-auctions