Brand new studio apartment in 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 · Avenida Cerviño 3200

Listing verdict

Better options exist, 7% below the median

Seen today.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
The ad does not say what the building fees are. Ask before you sign.
You need US$ 1,950 to move in, including a refundable US$ 650 deposit.
Asking US$ 650: 7% below its segment median in Palermo (US$ 700, 838 listings on the market now).
Units like this stay listed a median of 19 days.
In the last 30 days, 191 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 505 listings in this segment appeared and already left the market.

What holds it back
Street noise

The best alternatives in your segment

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

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About this place

Studio apartment with a balcony facing the street. Recently refurbished and fully renewed. The listing places it at Cerviño and Bulnes, two blocks from Av. Del Libertador and near Coronel Díaz, Alto Palermo Shopping and the Bosques de Palermo. Weekly rent: u$s 300.

Original listing text

As published in the source listing

Listing terms

Furnished: yes
Contract term: not stated in the listing

Amenities

Kitchen

Stove

Building

Doorman

Outdoor

City view

Location

8 places within walking distance

Esquina Cortes 40 cafés in 10 min 2 min walk
Kyodo 21 restaurants in 10 min 2 min walk
15 pharmacies in 10 min 2 min walk
8 supermarkets in 10 min 3 min walk
Plazoleta Dr. Mariano R. Castex Plaza 6 min walk
Gym & Yoga 4 gyms in 10 min 6 min walk
Parque General Juan Gregorio de Las Heras Major park 7 min walk
Las Heras Metro H 15 min walk

US$ 650/month

Listed in USD

+ US$ 55 Estimated building fees/month

Palermo · US$ 451-US$ 800/month · 2,302 listings

Monthly costs

You pay every month
Rent US$ 650
Estimated building fees US$ 55
Estimated utilities US$ 59
Subtotal US$ 764
Entry costs, spread over 12 months · paid once ↓
Estimated owner's agent fee, at the market norm US$ 53
Estimated monthly total US$ 817

At signing

First month rent US$ 650
Security deposit US$ 650
Estimated owner's agent fee, at the market norm US$ 650
Total at signing US$ 1,950

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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