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Apartment prices in BsAs...sky high

 
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matttheboy



Joined: 01 Jul 2003
Posts: 854
Location: Valparaiso, Chile

PostPosted: Sun Apr 17, 2005 10:50 pm    Post subject: Apartment prices in BsAs...sky high Reply with quote

Flat prices in the city have gone through the roof in the last 2-4 months. Prices are unbelievably high in comparison with last year. There's a good article here about it:

http://www.clarin.com/diario/2005/04/17/elpais/p-01801.htm

Good luck if you're coming to the city soon...

matt
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ElNota



Joined: 28 Mar 2005
Posts: 123
Location: Buenos Aires

PostPosted: Mon Apr 18, 2005 1:26 am    Post subject: Reply with quote

What a shame... the one ray of hope in the article was that the rents in the expensive areas are only going up by 5%. Relatively, that might make it the best value for peso, no? Man, the end of my contract can't get here soon enough. Rolling Eyes
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snielz



Joined: 05 Apr 2005
Posts: 165
Location: Buenos Aires

PostPosted: Thu Apr 21, 2005 4:22 pm    Post subject: Reply with quote

I have a friend that is offering to rent me their one bedroom apartment in Palermo Barrio for about $425 pesos a month. Does this sound about right to those of you who have experience in apartment shopping. I don't know the city although it seems to be in a nice area of the town and close to everything. It is a basic, small flat with all necessary amenities...Any feedback would be great.
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greengiant



Joined: 12 Dec 2004
Posts: 14
Location: Portland, OR / Grinnell, IA

PostPosted: Fri Apr 22, 2005 12:11 am    Post subject: Apartment Reply with quote

Wow that sounds great. Furnished apts are sooo expensive and that could very well be a great deal. I would love to check it out if you dont
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matttheboy



Joined: 01 Jul 2003
Posts: 854
Location: Valparaiso, Chile

PostPosted: Mon Apr 25, 2005 9:04 pm    Post subject: Reply with quote

Yep, sounds like a good price-any idea of which part of Palermo? Palermo covers a pretty big part of the city. Likely to be really small but with the way prices are going at the mo it's a great deal. Does it include the service charge and rates???

One of my students was telling me the other day that he owns a flat and his tenant signed a 2 year lease (a normal length of time here) 4 months ago. He could now charge 30% more but can't change anything due to the contract...
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