Listing: Studio, Palermo

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 · Nicaragua Al 5600, Palermo Hollywood, Capital Federal

Listing verdict

Better options exist, 36% below the median

Seen today on MercadoLibre.
US$ 450 plus US$ 195 of building fees: US$ 645 a month.
You need US$ 1,127 to move in: first month plus a US$ 450 deposit, which you get back.
Asking US$ 450: 36% below its segment median in Palermo (US$ 700, 914 listings).A price this far below the median is a classic bait signal: verify everything before paying anything.
For your profile it ranks #156 of 233 comparables in Palermo.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
Units like this stay listed a median of 32 days; this one has been up 61.
In the last 30 days, 74 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 355 listings in this segment appeared and already left the market.

What holds it back
We found nothing material holding it back.

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Computed for 1 adult(s), a 12-month stay and an upfront-payment guarantee. Refine the search to make it yours. · Compared against 233 verified listings in Palermo, all-in cost computed.

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About this place

Summary: Studio · Palermo · 19 m². Monthly costs: Rent US$ 450, Building fees US$ 195, Estimated utilities US$ 82, All-in monthly US$ 746. Security deposit: US$ 450. Amenities: AC, Balcony.

Original listing text

As published in the source listing

Amenities

Comfort

Outdoor

Balcony

Location

9 named places within walking distance

Fitz Roy y Nicaragua Bus 1 min walk
Almacén de Pizzas Restaurant 1 min walk
Moksha Café 2 min walk
UrbanSix Fitness Gym 2 min walk
Supermercado Leo Supermarket 3 min walk
Farmacia Nazca y Correo Argentino Pharmacy 5 min walk
Guatemala BRT 6 min walk
Palermo Metro 13 min walk
Parque Lineal Bullrich Large park 19 min walk

US$ 450/month

Listed in USD

+ US$ 195 Building fees/month

Palermo · US$ 452-US$ 800/month · 2,173 listings

Monthly costs

You pay every month
Rent US$ 450
Building fees US$ 195
Estimated utilities US$ 82
Subtotal US$ 727
Entry costs, spread over 12 months · paid once ↓
Owner's agent fee US$ 19
All-in monthly US$ 746

At signing

First month rent US$ 450
Security deposit US$ 450
Owner's agent fee US$ 227
Total at signing US$ 1,127

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. On long-term CABA leases, Ley 5859 assigns this commission to the owner; where a listing charges the tenant anyway, we show what you would actually pay.

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

Guarantee not specified. A garante or caución is usually required here; confirm with the lister before proceeding.

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View on Mercado Libre

Pay a deposit or rent only once you are inside the apartment, with the keys in hand. A request to pay before you visit, especially crypto-only or into a personal account, is the most common rental scam.