Is Argentina Still a Good Deal?

If some of the "neighborhoods" in Capital Federal are mentioned by name (Recoleta, Palermo Soho, or San Telmo, just to name a few, would you be able to visualize them from memory?
I can locate them on a map, that's where my knowledge ends. I was thinking of getting into Palermo, or Retiro (but that one apparently is not as good for air quality) where I see decent appartments for an acceptable price (for example https://www.4rentargentina.com/buen...scalabrini-ortiz-and-el-salvador-ix-3485.html, 706 USD per month all included).
 
I believe the country's trajectory is headed up in next 5 years. And it will get very expensive. Much more than it is right now. This means, it will become an ideal place for people with substantial resources and perhaps for millionaires to live in - especially in high profile neighborhoods such as Palermo, Recoelta, Puerto Madero Belgrano, Belgrano R and Nuñez. Budget immigrants will have to live in shanty towns or in in villages of Argentina of they still want to live here.

If your monthly income is 1500 USD - you may scrape through right now. But you will not be able to sustain it.

Some neighborhoods in Buenos Aires city to explore at 1500 monthly budget would be Balvanera, Once, Monserrat and Flores. Or look to live in shantytowns such as Lugano, Lujan,Avalleneda.
 
I believe the country's trajectory is headed up in next 5 years. And it will get very expensive. Much more than it is right now. This means, it will become an ideal place for people with substantial resources and perhaps for millionaires to live in - especially in high profile neighborhoods such as Palermo, Recoelta, Puerto Madero Belgrano, Belgrano R and Nuñez. Budget immigrants will have to live in shanty towns or in in villages of Argentina of they still want to live here.

If your monthly income is 1500 USD - you may scrape through right now. But you will not be able to sustain it.

Some neighborhoods in Buenos Aires city to explore at 1500 monthly budget would be Balvanera, Once, Monserrat and Flores. Or look to live in shantytowns such as Lugano, Lujan,Avalleneda.
Not saying it's my income, it's the portion of it I'd like to spend on living expenses (accomodation and food, local transport, etc). I can go higher but I'm trying to save a good portion of it so I can buy an apartment later.

The apartment I quoted in palermo was 706 all included, seems totally fine to live there. Or I am missing something?
 
The apartment I quoted in palermo was 706 all included, seems totally fine to live there. Or I am missing something?
Renting in Buenos Aires is very hard. Lots of bullying by Argentina landlords.

Rules to renting in BA

1 Its better to find a foreigner landlord and deal with him directly without an intermediary Argie in between.
2. Try to avoid rental agencies as intermediaries and they try to milk out as much money as possible.
3. Do not give any money to any one for signing a rental lease exceprt in front of of Notary magistrate as a witness.
4. Have a legal lease with notary magistarte involved and write down an official email id, official whatsappp number for communication declared in it. Write down the monthly method of payment to landlord in it. If its cash by hand, declare in it to use as evidence later.
5. Security money is often lost due to the ingrained belief in Argies that security money is their additional income over and above the rent. Always takes photos of all defects of the place in first hour of the possession and send it to official email id of the landlord. declared in the lease.
6. When leaving the apartment, ensure you repair all damages made by you and make a through double cleaning of the apartment and leave it sparkling clean
7. Call the Notary magistarte to hand over the apartment back to landlord. He will be your witness if the landlord does not repay back the security deposit.
8. With the Notary as your witness, you have a strong case to take strong legal action to get your security deposit back. the city of Buenos aires provides various measures for it.
9. With the notarized lease, you have a strong case to report to tax authorities especially if the rent was being paid in cash or not in Argentinian account.
10. If you want to avoid drastic increases in rent. Ask for a three year lease in USD and same amount for three years with no increase.
 
Dental work is no longer a bargain. A root canal costs the same as in Washington, DC
Last week I paid 122
I believe the country's trajectory is headed up in next 5 years. And it will get very expensive. Much more than it is right now. This means, it will become an ideal place for people with substantial resources and perhaps for millionaires to live in - especially in high profile neighborhoods such as Palermo, Recoelta, Puerto Madero Belgrano, Belgrano R and Nuñez. Budget immigrants will have to live in shanty towns or in in villages of Argentina of they still want to live here.

If your monthly income is 1500 USD - you may scrape through right now. But you will not be able to sustain it.

Some neighborhoods in Buenos Aires city to explore at 1500 monthly budget would be Balvanera, Once, Monserrat and Flores. Or look to live in shantytowns such as Lugano, Lujan,Avalleneda.
Agreed. With the country being awash in pesos, the rate of inflation will diminish, but prices are not likely to follow to any meaningful degree. As is the situation in the U.S., too much money was recklessly printed in Argentina by self-serving politicians for wasteful reasons.

Those who emigrated to Argentina for a quality life as economic refugees should consider developing a Plan B because this situation will likely persist. Expats enjoyed their advantages with the MEP credit card and Blue Dollar exchange rates but now the pendulum has swung widely the other way.

People can complain all they want. Perhaps they will catch a break with DXY:ARS. But the high prices are here to stay. That's the unfortunate reality.
 
I'm surprised with your fatalism here. While everything is definitely getting more expensive saying a single person will survive in shanty towns for $1500 a month is simply not true. Open airbnb, there are thousands of offers of 1-2 room apartments in Palermo/Belgrano and rest of not-so-famous but still very decent neighborhoods like Caballito or Villa Urquiza for less than $800 a month all inclusive. 4rentArgentina is a very reliable site as well and prices listed there are real. And you absolutely can find alquiler temporal amoblado for cheaper price and just extend it every 3 months forever.

You have $700 left for food, transportation, entertainment and everyday expenses. That's far from surviving in shanty towns.

I'm reading this topic like it's about another country, not Argentina.
 
You have $700 left for food, transportation, entertainment and everyday expenses. That's far from surviving in shanty towns.

I'm reading this topic like it's about another country, not Argentina.
Well ,,,,
If one lives like a monk, $700 is probably good enough.
But for a socially alive human ,,,, $700 probably well not last a week (max 10 days if one tries extremely hard may be) in the big city nowadays. (I have no idea how it's in provincia).
 
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Well ,,,,
If one lives like a monk, $700 is probably good enough.
But for a socially alive human ,,,, $700 probably well not last a week (max 10 days if one tries extremely hard may be) in the big city nowadays. (I have no idea how it's in provincia).
70% of workers are living on 550,000 pesos or less, or much less, per month. Are you suggesting that they're all monks?

(I know lots of them, and I promise you, they're not monks.)
 
But for a socially alive human ,,,, $700 probably well not last a week (max 10 days if one tries extremely hard may be) in the big city nowadays.
Well obviously it all comes to your lifestyle choices. The further they are from an average Argentine and the closer they are to your 1st world home country, the more expensive the costs will be. It's true for any country.

Argentina's prices have gone from world's cheapest country to the level of eastern Europe, but you still won't find anything comparable to BsAs in eastern Europe.
 
70% of workers are living on 550,000 pesos or less, or much less, per month. Are you suggesting that they're all monks?

(I know lots of them, and I promise you, they're not monks.)
Mr @SinPulgas
I know you always mean well, and I appreciate that. But I feel like we're never on the same page. My fault ,,,, I was referring to old retirees gringos ,,,, not Argentines.
 
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