The rentals They not only increase in Argentina. Although the increase is much smaller, the rental price in Europe increased by 4.3% compared to the same period of the previous year.
According to the International Rental Index from the HousingAnywhere platform, which analyzed properties in 28 cities, Europe is currently experiencing a shortage of housing supply. estate for rent.
According to this analysis Rome is the most expensive city to rentwhere a furnished apartment costs on average 2,500 euros per month. Amsterdam follows with a price of 1,490 euros and The Hague 1,950 euros.
The Italian capital recorded the largest annual increase in apartment prices with a year-on-year increase of 28.2%, while Amsterdam saw an increase of 10.7%.
Paris placed fourth.with an average rental price of 1,908 euroswith practically no variation this year. They follow the ranking Milan (1,800 euros per month), Lisbon (1,792), Rotterdam (1,790 euros), Munich (1,750 euros), Madrid (1,600 euros) and Prague (1,520 euros).
What are the cheapest European cities to rent?
The report also highlights that, as with room rentals, Budapest remains the city with the lowest apartment prices (850 euros monthly), experiencing a decrease of 12.1%.
Several german citiesincluding Stuttgart (-18%), Cologne (-6.3%) and Düsseldorf (-3.1%), also recorded significant price dropslike Lisbon (-10.4%).
Few rents and high prices, a problem for students.
“In many European cities, where The shortage of supply is posing serious problems for tenantsstudents face even greater hardship this time of year, putting their educational experiences and careers at risk,” the HousingAnywhere report states. In this regard, he points out that there is a lot of student movement in Europe, who rent but cannot find accessible properties to live in.
In the case of Spain, this movement of young talent meant a significant increase in the price of rooms in Madrid (9.1%), Barcelona (7.4%) and Valencia (6.7%) compared to the last quarter. It should be noted that the rooms are not complete apartments but they are in high demand by students.
Recent market data indicates that rents in Madrid have accumulated an increase of 103% in the last 10 years. In fact, the Tenants Union of that city called for a march for this Sunday to protest the increase in rental prices.
Of all the apartments analyzed by Housinganywhere, 57% were one-bedroom, 31% were two-bedroom and 12% were three-bedroom. Approximately 98% of the properties analyzed are fully furnished, as they are aimed at young professionals and students who were moving within and outside their borders.
Source: Ambito
