The funky Giramondo has all that a hostel needs: plenty of beds and bathrooms, a kitchen, a TV and computer lounge, and a patio, where backpackers from around the world grill up slabs of Argentine beef. The dark, dank underground bar serves up cheap drinks; it also has a small wine cellar. Giramondo is two blocks from buses and the subte on Avenida Santa Fe -- an ideal locale for taking part in Palermo's pulsing nightlife while also being close to downtown.
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