Built in 1889, the port was abandoned soon thereafter, too small for the burgeoning maritime trade empire it was designed to serve. When that empire fizzled out, the port’s gutted, rat-infested warehouses came to reflect the dashed hopes of the nation itself. In 1989, however, with inflation at almost 200 percent, the president of that time sold the land to a private consortium, sparking a process of development that eventually would render a new port with a new purpose.

Today, Puerto Madero embodies a resurgent, confident, and ever-modernizing Buenos Aires. Restaurants and lofts converted from old warehouses now line the old port. It is a popular neighborhood and can easily rival other cities around the world with its modern architecture, high specifications and 5 star services. Puerto Madero is within walking distance of the financial district, and has an open view to Rio de la Plata, the wide estuary that separates Argentina and Uruguay. This area is among the swankiest and most expensive in town.

We recommend: Corbeta Uruguay Ship-Museum, Fragata Samiento Ship-Museum, Woman`s Brigde, “Hotel de los Inmigrantes” Museumr.