New studio apartment, 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 · Guemes Al 3700, Palermo, Palermo, Capital Federal

Listing verdict

Better options exist, 30% below the median

Seen yesterday.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
US$ 490 plus US$ 63 of building fees: US$ 553 a month.
You need US$ 1,470 to move in, including a refundable US$ 980 deposit.
Guarantee: the ad asks for caución insurance (seguro de caución).
Asking US$ 490: 30% below its segment median in Palermo (US$ 700, 831 listings on the market now).A price this far below the median is a classic bait signal: verify everything before paying anything.
Units like this stay listed a median of 32 days; this one has been up 19.
In the last 30 days, 2 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 350 listings in this segment appeared and already left the market.

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

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About this place

New studio apartment in Palermo on the 8th floor facing the back of the building. It is bright and quiet, with a French balcony. Features include a gas kitchen with a breakfast bar, a full bathroom with a bathtub, and air conditioning.

Original listing text

As published in the source listing

Key details

This is a newly built studio in a building with elevator access and shared rooftop amenities, with an integrated kitchen and central hot water.

8th floor, back-facing, bright and quiet, with a French balcony
Gas kitchen with breakfast bar, range hood, and a connection for a washing machine; central hot water
Full bathroom with bathtub and air conditioning
New building with elevator, CCTV, and a rooftop with SUM and shared grills

Trade-offs

Some rental conditions and building policies can affect cost and eligibility.

No pets allowed per the listing
No parking (0) indicated in amenities

Listing terms

Furnished: yes
Contract term: 24 months

Amenities

Comfort

AC
Bathtub

Kitchen

Stove

Laundry

Washer

Building

Doorman
Common room (SUM)

Outdoor

Grill (parrilla)

Location

8 places within walking distance

Nucha 58 cafés in 10 min 1 min walk
Scienza 25 pharmacies in 10 min 2 min walk
Velvet 33 restaurants in 10 min 3 min walk
Magnun 10 gyms in 10 min 3 min walk
Plazoleta de los Vecinos Sensibles Plaza 4 min walk
18 supermarkets in 10 min 4 min walk
Bulnes Metro D 5 min walk
Parque General Juan Gregorio de Las Heras Major park 12 min walk
Av. Corrientes BRT 20 min walk

≈ US$ 490/month(AR$ 750,000)

+ US$ 63 Building fees/month

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

Monthly costs

Rent US$ 490
Building fees US$ 63
Estimated utilities US$ 86
Estimated monthly total US$ 640

At signing

First month rent US$ 490
Security deposit US$ 980
Total at signing US$ 1,470

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

Caución insurance guarantee required.

View on Mercado Libre

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