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Argentina » Rental Market
For Argentineans finding a place to rent is becoming more and more difficult. Since many Argentineans are not in the position to buy property the demand for places to rent is high. In Buenos Aires a two room apartment will have an average monthly rent of AR$ 900 in Recoleta whereas in Belgrano it will range from AR$ 550 to AR$ 2000 a month.In the popular neighbourhoods of Buenos Aires a small place to live will hardly be found below AR$400/month. The Rental cost is 0.5 % of the Contract value which is a Stamp Tax and you have to pay 5 % of the Contract value + 21 % VTA to the real estate.
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