Furnished studio apartment with balcony in Palermo Hollywood

Furnished studio apartment with balcony in Palermo Hollywood

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 · Avenida Dorrego 1600, Ciudad Autónoma De Buenos Aires, Argentina, Palermo Hollywood, Capital Federal

Listing verdict

Better options exist, 31% below the median

Seen today.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
US$ 485 plus US$ 81 of building fees: US$ 566 a month.
You need US$ 1,455 to move in, including a refundable US$ 485 deposit.
Asking US$ 485: 31% below its segment median in Palermo (US$ 700, 841 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 19 days.
In the last 30 days, 93 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
Missing: Bedroom size

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

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About this place

Studio apartment with a balcony in Palermo. Furnished with two single beds, a dining table with 4 chairs, and two armchairs. Equipped with air conditioning, an electric cooktop, electric oven, and a fridge with freezer. Full bathroom. The building has residents’ lounge (SUM), gym, laundry and a grill, with security. Building fees are approximately $125.000 and are to be paid by the tenant, along with the following move-in costs: first month’s rent, a deposit (refunded at the end of the contract)

Original listing text

As published in the source listing

Listing terms

Furnished: yes
Contract term: not stated in the listing

Amenities

Comfort

AC
TV
Ceiling fan
Bathtub

Kitchen

Stove
Oven
Refrigerator
Dining table

Building

Gym
Common room (SUM)

Outdoor

Grill (parrilla)
Patio

Location

8 places within walking distance

Siga la Vaca Express 50 restaurants in 10 min 1 min walk
Plaza Clemente 4 min walk
5 supermarkets in 10 min 4 min walk
22 cafés in 10 min 5 min walk
Rawson 3 pharmacies in 10 min 6 min walk
Sport Club Gym 8 min walk
Dorrego Metro B 13 min walk
Honduras BRT 15 min walk
Parque Los Andes Major park 16 min walk

≈ US$ 485/month(AR$ 750,000)

+ US$ 81 Building fees/month

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

Monthly costs

You pay every month
Rent US$ 485
Building fees US$ 81
Estimated utilities US$ 90
Subtotal US$ 656
Entry costs, spread over 12 months · paid once ↓
Owner's agent fee US$ 40
Estimated monthly total US$ 697

At signing

First month rent US$ 485
Security deposit US$ 485
Owner's agent fee US$ 485
Total at signing US$ 1,455

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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