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How much does it cost to rent an apartment in Palermo? - La Nacion Propiedades
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www.lanacion.com.ar
November 19, 2024
The neighborhood remains one of the most sought-after areas of Buenos Aires; its dynamic atmosphere, full of gastronomy and entertainment, attracts those looking to live in the heart of the city.
Palermo, one of the most sought-after neighborhoods for rent in the City of Buenos AiresDaniel Basualdo
In the dynamic rental market of the city of Buenos Aires, Palermo stands out as one of the most sought-after neighborhoods , thanks to its cultural and gastronomic life and its variety of residential options. Although the pace of price increases has moderated in the last month, rental values in Palermo remain above average , consolidating its appeal for those looking for a vibrant and well-connected area. In addition, it is one of the most sought-after and diverse neighborhoods in the city, with areas such as Palermo Soho and Palermo Hollywood , with an offer of nightlife, green spaces and a varied gastronomy that makes it especially attractive for young tenants and professionals.
According to Zonaprop 's latest report for October, listing prices in the city of Buenos Aires rose 3.4% in October compared to the previous month - less than the inflation rate of 3.5% - and have accumulated an increase of 57% in 2024 , almost half of the inflation recorded in the period (108%). A one-bedroom apartment is priced at $524,907 per month , while a studio apartment is rented for $440,643 per month and a two-bedroom apartment for $707,201 per month.
Palermo offers a variety of options for those looking to rent in a vibrant neighborhood full of possibilities. Julian Bongiovanni
Libertador Avenue defends the most expensive rents in the neighborhood Gerardo Viercovich - THE NATION
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Cuánto cuesta alquilar un departamento en Palermo
El barrio sigue siendo una de las zonas más elegidas de Buenos Aires; su ambiente dinámico, lleno de gastronomía y entretenimiento, atrae a quienes buscan vivir en el corazón de la ciudad
www.lanacion.com.ar
November 19, 2024
The neighborhood remains one of the most sought-after areas of Buenos Aires; its dynamic atmosphere, full of gastronomy and entertainment, attracts those looking to live in the heart of the city.
Palermo, one of the most sought-after neighborhoods for rent in the City of Buenos AiresDaniel Basualdo
In the dynamic rental market of the city of Buenos Aires, Palermo stands out as one of the most sought-after neighborhoods , thanks to its cultural and gastronomic life and its variety of residential options. Although the pace of price increases has moderated in the last month, rental values in Palermo remain above average , consolidating its appeal for those looking for a vibrant and well-connected area. In addition, it is one of the most sought-after and diverse neighborhoods in the city, with areas such as Palermo Soho and Palermo Hollywood , with an offer of nightlife, green spaces and a varied gastronomy that makes it especially attractive for young tenants and professionals.
According to Zonaprop 's latest report for October, listing prices in the city of Buenos Aires rose 3.4% in October compared to the previous month - less than the inflation rate of 3.5% - and have accumulated an increase of 57% in 2024 , almost half of the inflation recorded in the period (108%). A one-bedroom apartment is priced at $524,907 per month , while a studio apartment is rented for $440,643 per month and a two-bedroom apartment for $707,201 per month.
Palermo offers a variety of options for those looking to rent in a vibrant neighborhood full of possibilities. Julian Bongiovanni
How much does it cost to rent in Palermo?
- Studio Apartment: Renting a studio apartment in Palermo costs, on average, $503,400 per month . This type of unit usually attracts those looking for an affordable option in terms of size, without sacrificing location.
- One-bedroom apartments: One-beroom apartments, ideal for couples or people looking for extra space, cost $588,461 per month . The location and nearby services influence this figure.
- Two-bedroom apartments: For those who need more space, two-bedroom apartments in Palermo have an average value of $832,700 . These apartments are usually closer to parks and quiet areas of the neighborhood, such as Palermo Chico.
- Three-bedroom apartments: Families looking to settle in Palermo with more space find a three-bedroom apartment a comfortable option, although at a high cost. The average rent is $1,237,700 per month , which reflects both the surface area and the strategic location in high-demand residential areas.
Libertador Avenue defends the most expensive rents in the neighborhood Gerardo Viercovich - THE NATION
Factors that affect prices
Palermo is a gastronomic and cultural hub that attracts mainly a younger public , who seek out the entertainment, restaurants and nightlife that the neighborhood offers. Its mix of modernity, green spaces and urban life makes it an ideal place for those looking for an active life in the city center.Market trends
Despite a slowdown in the pace of increases, the rental market in Palermo remains strong. Steady demand and the wealth of amenities the neighborhood offers ensure that prices continue to rise, albeit more moderately. With a diverse public and an ever-expanding supply, Palermo maintains its status as one of the most sought-after areas to rent in Buenos Aires.www.buysellba.com
