Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators

In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation is observed in several other areas of Attica.

According to the real estate website Spitogatos, in various areas of Attica, rental rates have increased by up to 30 % in the past 12 months. In glika Nere, an Eastern suburb of Athens, you can rent an apartment for an average of 7 euros per sq. m. per month, while just a year ago prices were at the level of 5.35 euros per sq. m. Continue reading →