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 · 2 beds · 1 bath · Palermo · Jorge Luis Borges 2400

Listing verdict

Better options exist, 44% below the median

Seen today on Zonaprop.
US$ 395 plus US$ 56 of building fees: US$ 451 a month.
You need US$ 790 to move in: first month plus a US$ 395 deposit, which you get back.
Asking US$ 395: 44% below its segment median in Palermo (US$ 700, 857 listings).A price this far below the median is a classic bait signal: verify everything before paying anything.
For your profile it ranks #112 of 119 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 91.
In the last 30 days, 54 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 348 listings in this segment appeared and already left the market.

What holds it back
Street noise

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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 119 verified listings in Palermo, all-in cost computed.

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About this place

Summary: Studio · Palermo · 30 m². Monthly costs: Rent US$ 395, Building fees US$ 56, All-in monthly US$ 451. Security deposit: US$ 395. Amenities: Stove, Oven.

Original listing text

As published in the source listing

Amenities

Kitchen

Stove
Oven

Location

7 named places within walking distance

Muzza Madre Restaurant 1 min walk
Santa Fe 4024 Pharmacy 2 min walk
Verm y Cheli Café 2 min walk
Jardín Botánico Bus 3 min walk
Plaza Italia Metro 4 min walk
Brooklyn Fitboxing Gym 4 min walk
Pacifico BRT 11 min walk

≈ US$ 395/month(AR$ 600,000)

+ US$ 56 Building fees/month

Palermo · US$ 452-US$ 800/month · 2,249 listings · below typical range

Monthly costs

Rent US$ 395
Building fees US$ 56
All-in monthly US$ 451

At signing

First month rent US$ 395
Security deposit US$ 395
Total at signing US$ 790

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.

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 24 months

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

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