April 24, 2024

Athens News

News in English from Greece

"Dollhouse": demand "mini-accommodation" has grown significantly. However, like prices

The large-scale renovation of the housing stock registered since last year in Greece, as well as short-term rentals by Airbnb, have led to an increase in rental prices for apartments up to 60 m2 and in the larger category from 70 to 110 m2 by about 20%.

This fact makes living in Athens, Thessaloniki and in general large urban centers “out of reach”, since prices for renting a studio apartment or a small one-bedroom apartment can start from 500 euros.

In addition, in some areas, such as Exarchia, Pagrati, Zografou, Ilisia, Gizi, Ampelokipos and even Kypseli or Kato Patisia, the supply is minimal compared to the demand that exists even now, before the announcement of the points scale for admission to universities (which is especially worries parents of prospective students).

The same thing is happening in the western suburbs, where in recent years there has been a lot of interest (for example, to enter the university of western Attica). As a result, in areas such as Egaleo, Peristeri and Haidari, there are no apartments available for rent.

Representatives of the real estate sector Dnewsthat if in 2018 the average rent increased by 7%, and in 2019 by 10%, today it fluctuates by outrageous for average incomewhich is also confirmed by the corresponding official study.

Alas, according to experts, there is no solution to this problem “on the horizon”, and in many cases students and young workers are forced to “twist” to find a “corner”, or live with their parents until they “get back on their feet” and can pay for yourself rental housing.

Panhellenic Tenant Protection Association (Πανελλήνιου Συλλογου Προστασίας Ενοικιαστών) propose increase the minimum rental period from three to six yearsso that landlords do not suffer from constant change of tenants and rent adjustments.



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