April 25, 2024

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Trends in rental property in Attica

Trends in rental property in Attica

By collecting data from hundreds of thousands of property searches performed on the platform each month, the company highlights trends in popular areas and current demand, and learns how prices have fluctuated. the prices Sale and rental of real estate as well as demand by region in the previous three years.

Are you the owner and want to rent your property? Record it in a few simple steps over here!

Looking for a property for rent? look for it over here!

How are rent trends shaped in Attica today

Based on its reliable data, Prosperty It displays rental property trends in Attica by region and based on the type of property i.e. whether it is an apartment or a detached house.

How many properties are available for rent in each area? What is the average monthly rent (rent) demand for each area? What type of property are interested tenants looking for and in what areas?

See in detail in the tables below, based on reliable data from Prosperty:

The most important conclusions

  • The areas with the most apartments available for rent are: Southern suburbs (4,400-4,700) and central Athens (3700-4000), while in north (320-350) and in Southern suburbs (220-250) You’ll find most detached homes available for rent.
  • sta Northern Suburb The available properties with the largest area are found, with an average area 122 square meters for Apartments And the 310 square meters for detached houses.
  • The Cheaper rents For apartments you can find them in Western suburbswhere the average required rent 600€/month.
  • The north And the Southern suburbs It is the most expensive area to rent a house. Specifically, the average rental demand in Northern Suburb he is 1250€/month for an apartment And the 3000/month for detached housewhile in Southern suburbs Average monthly rental demand is 1110 EUR for one apartment And the 3050 EUR for one detached house.
  • of all properties available for rent Only 7% have a year of manufacture after 2011While Almost half (48%) were built before 1980
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What areas have the highest and which areas have the lowest rent in Attica?

Attica rental property trends - see the areas with the lowest rents

The most important conclusions

  • Of the 5 regions with the highest rent demand, two are in the southern suburbs (Vuliagmeni and Vari Varkiza), two are in the northern suburbs (Viluthe and Palio Psycheko) and one is in the center (Kolonaki-Lykavittos).
  • 4 of the 5 regions with the lowest rent demanded are located in the western suburbs, while only one, Sepolia, is located in the central sector of Athens.

What is the size of the property they are looking for and what budget is available for interested tenants by area

Based on the information you fill in the property search form on the Prosperty platform, here’s how the demand numbers are configured by region:

Attica rental property trends - see the areas with the lowest rents

The most important conclusions

  • Those looking for a property to rent in Northern SuburbWho are looking for real estate between 72 And the 110 square meters intends to dispose of it 630 reach to 980 euros per month.
  • Unlike those who are looking at Northern SuburbFor those looking for a property for rent, southern They seem not prepared to pay the same amount, as the average rent required may not differ significantly between the two areas, but the budget available to those interested in the south is between 500 and 800 euros.
  • Accordingly, the volume of real estate that interested parties are looking for Southern suburbs Smaller than those looking to the north, with the coveted area ranging from 57 And the 87 square meters
  • The lowest budget available is for those looking to rent in Western suburbswho intends to pay from 350 to 475 euros per month.
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In which areas are you looking for apartments for rent?

Attica rental property trends - see the areas with the lowest rents

The most important conclusions

  • The 6 out of 10 The areas with the highest demand for apartment rents are located In the central sector of Athens.
  • 3 of the 10 most popular regions are located in Northern Suburb (Freesia, Marusi, Agia Paraskevi).
  • Just region Located in the south (Paleo Valero).
  • only 8% Of searches throughout Attica related to detached house.

*In the above presentation, data regarding the rest of Attica is not included.

Get to know Prosperty

The Prospertyis the first innovative platform, which through technology and data analysis in the real estate market, offers a complete digital experience to landlords, buyers and renters, making the process a discountAnd the shopping And the Leasing Easier, faster and completely transparent process.

The company invests heavily in data collection and analysis, creating a reliable database for the first time in Greece with all properties and their own properties, which are sold or rented today in our country.