Since devaluation in 2001, hundreds of talented, young designers have emerged from the woodwork in a bid to make a living during the economic crisis. Most of these appear to have opened small boutiques in Palermo Viejo, where one-off designs can be purchased for just a few pesos. For even better bargains, however, wait until the weekend before paying a visit to the area of Palermo Viejo surrounding Plaza Serrano. This is when the local bars play host to the city's design fair. Literally hundreds of local designers (most of which are still unable to afford to set up a shop of their own) flood the Plaza, offering everything from hand-made belts, customised shirts and one-off cocktail dresses. Arrive in the early afternoon to avoid the crowds.

Most of the bars surrounding Plaza Cortazar, Palermo Viejo

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Since La Catedral closed at the beginning of this year after it failed to comply with the new regulations imposed by the local government following the fire at Cromagnon nightclub, young portenos have been desperately searching for an equally bohemian tango venue. Unfortunately, La Catedral really is unbeatable, but until it re-opens, most young dancers appear to have gravitated to the pogoda in the Barrancas de Belgrano.

Located in the open air on Juramento y Luis M Campos, just one block from the Belgrano C train station, free lessons are given at 7pm everyday and a fabulous milonga takes place after the class on Sunday evenings. This is one of the few tango events with such a high concentration of young people, all of which are happy to take you through the steps.

Barrancas de Belgrano park on Juramento y Luis M Campos. Directly in front of the Belgrano bus terminal and Belgrano C train station

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