Studio with balcony

Name: Unitrank All-in Cost Index: Rental listings in Palermo
Creator: Unitrank
License: https://creativecommons.org/licenses/by-sa/4.0/

Studio · 1 bath · Palermo · Salguero 2600

Listing verdict

A close call with the best, 20% below the median

Seen today.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
US$ 550 plus US$ 227 of building fees: US$ 777 a month.
You need US$ 1,650 to move in, including a refundable US$ 550 deposit.
Asking US$ 550: 20% below its segment median in Palermo (US$ 690, 933 listings on the market now).
Units like this stay listed a median of 28 days.
In the last 30 days, 8 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 493 listings in this segment appeared and already left the market.
The price dropped from AR$950,000 to AR$850,000 25 days ago.

What holds it back
We found nothing material holding it back in the listing.

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Computed for 1 adult, a 12-month stay and an upfront-payment guarantee. Refine the search to make it yours. · Compared against 152 verified listings in Palermo, all-in cost computed.

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About this place

40 m² studio apartment in Palermo, high floor and very bright, with a long balcony. The kitchen is integrated and includes storage, and the unit is delivered fully furnished and equipped. The building has a pool, SUM (multipurpose room), gym, BBQ area, laundry, and 24-hour security.

Original listing text

As published in the source listing

Key details

This is a 40 m² studio with a long balcony and an integrated kitchen, located in a building with amenities and 24-hour security.

Total area 40 m² (36 m² covered) and front-facing layout
Long balcony and a spacious integrated kitchen with built-in storage
Delivered fully furnished and equipped
Building amenities: pool, SUM, gym, BBQ area, laundry, and 24-hour security
Temporary rental with a minimum of 6 months

Listing terms

Furnished: yes
Contract term: 6 months

Amenities

Comfort

Kitchen

Stove

Laundry

Washer

Building

Gym
Pool
Doorman
Common room (SUM)

Outdoor

Grill (parrilla)
City view

Location

8 places within walking distance

Plaza Alférez Sobral 1 min walk
Farmacity Palermo 13 pharmacies in 10 min 2 min walk
7 supermarkets in 10 min 2 min walk
Kopi 54 cafés in 10 min 3 min walk
29 restaurants in 10 min 3 min walk
Bigg 5 gyms in 10 min 4 min walk
Parque General Juan Gregorio de Las Heras Major park 7 min walk
Scalabrini Ortiz Metro D 10 min walk

≈ US$ 550/month(AR$ 850,000)

+ US$ 227 Building fees/month

Palermo · US$ 455-US$ 800/month · 2,923 listings

Monthly costs

You pay every month
Rent US$ 550
Building fees US$ 227
Estimated utilities US$ 90
Subtotal US$ 867
Entry costs, spread over 12 months · paid once ↓
Estimated agency commission, at the market norm US$ 45
Estimated monthly total US$ 913

At signing

First month rent US$ 550
Security deposit US$ 550
Estimated agency commission, at the market norm US$ 550
Total at signing US$ 1,650

The listing states this building fee but never says whether the rent includes it. By market practice the tenant pays it, so we have counted it. Worth confirming before you sign.

The listing agency works for the owner, yet by market practice the tenant pays its commission: the agency controls access to the apartment, so the fee works like a toll.

Costs are estimates. Actual terms depend on negotiation with landlord/agent. Unitrank receives no part of any of these charges. · Calculated for a stay of 12 months

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