How much does it cost in Agia, Aroi and other areas of Patras

The rapid increase in rents is the ‘key factor’ A matter of discussion and reflection for all our compatriots, especially those who are either thinking of taking the next step in their lives by starting a family and have started their “safari” to look for a home, or for those who have a lease contract that has expired and/or expires in the coming months, and it is expected that Inform you of the new Landlord Requirements.

The asking rent price increase from 2018 to today ranges from 37.2% to 42.1% if it is a family home. While the cost of housing a family home amounts to a good gross salary.

Let’s not forget that the cost of housing is not only the cost of home rent, but also utilities and other DEKO bills. At a certain time, our country is facing rapid increases in the cost of energy. At the same time, the cost of living has increased by 30%-35% and inflation for 2022 will reach 10% according to the authority. Expenses that greatly burden the strained family budget, at a time when the salaries of most of our compatriots remain at the same levels.

According to the data obtained from real estate ads available in the areas of Athens with the highest demand from families for residential rental, the average asking rent price is 9.8 €/m². For an apartment 80m – 110m above the first floor, built after 2000.

The average minimum rental price in Athens is 8.15 €/sqm. And the average maximum is 11.4€/m2, meaning that the family will only have to pay rent from 815€/month to 1140€/month if the residence has an area of ​​100m2.

Rental cost per district in Athens
In the western suburbs, Peristeri and Petroupoli, the average cost of renting a house with an area of ​​100 square meters above the first floor, built after 2000, is between €730 per month and €750 per month, respectively.

In the central areas of Athens, such as Ampelokeppi, monthly rental costs range from 7.4 €/sqm. up to 8.3 € / sq.m. , in Bagrati from 9.2 euros / sq.m. up to 11.6 € / sq.m. and in New Cosmos from 7.2 € / sq.m. up to 8.6 € / sq.m.

In the southern suburbs, rental costs are mainly determined by the distance from the sea and the view. Rental costs for Ano Glyfada and Kato Glyfada are different in the center and/or near the golf course. The average rental cost in Glyfada is 13 EUR/sqm. While in Voula at 11.5 € / sqm. . In Nea Smyrni the average cost of renting an apartment of 100 square meters above the first floor built after 2000 is 945 € per month, in Palio Faliro 1095 € per month and in Kallithea 850 € per month.

The average rental cost in the northern suburbs is 11.3 EUR/m2, and specifically, in Maroussi, the rental cost ranges between 9 EUR/m2. up to 11.8 € / sq.m. , at hollargos from 10 € / sqm. up to 14 € / sq.m. , in Chalandri from 10 € / sqm. up to 13.6 € / sq.m. And in Kifisia from 10 euros / sqm. up to 12 euro / square meter.

Availability of properties as per required rent in Attica

The search for housing for affordable rent is now a “midsummer night’s dream” for all our compatriots. According to the properties available for rent on the classifieds sites, regardless of the year of construction, 93.11% of the homes available for rent in the northern suburbs have a rent asking of more than 800 euros per month. In the areas of central Athens, 65.66% (seven out of ten dwellings) have a required rent of more than €700 per month. Let’s not forget that in the center of Athens, nine out of ten residences were built before 1980, that is, at least properties that are 42 years old. In the western suburban areas, 50.31% of the homes available for rent have a required rent of more than 700€/month, in Piraeus 47.46% and in the rest of Attica 56.97%. A similar picture is recorded for the northern suburban areas in the southern areas, where 81.44% (eight out of ten dwellings) have a required rent of more than €800/month.

Areas with family homes for rent up to €600 in Attica

Those citizens who choose to look for a family home in the southern and northern suburban areas with a rent of up to 600 euros per month, will certainly be disappointed. Availability according to real estate advertisements posted on websites is recorded as marginal zero. Specifically, in the northern suburbs, properties available for rent with two bedrooms and asking rent up to €600 make up only 0.71% of the total, while in the southern suburbs the percentage is 4.03%.

Those interested should move mainly to the central areas of Athens where availability is recorded of 19.96% of all houses for rent (ie only two out of ten properties), in the western suburbs 35.58%, in the rest of Attica 27.20% and in Piraeus 35.46%.

Families and/or young couples looking for a home in the central areas of Athens based on the characteristics listed above should know that if they find the property, eight out of ten properties were built before 1980, i.e. no less than 42 years old.

In the western suburbs, if they find a property with a required rent of up to 600 euros, they should know that about half of the properties were built before 1990, that is, at least 32 years old, while in Piraeus, seven out of ten properties were built before 1980, That is, at least 42 years old.

Rental cost in 16 districts of Thessaloniki

The minimum average rental price in Thessaloniki is 5.4 EUR/sqm. and the maximum average of 6.4 euros / square metre. , That is, the family must pay according to the area, only for the rent, from 540 euros / month to 640 euros / month if it is a dwelling of 100 square meters above the first floor built after 2000.

In suburbs such as Panorama, Thermi and Stavroupoli, the average rental cost of an apartment of 100 square meters above the first floor built after 2000 is respectively 790 € per month, 495 € per month and 480 € per month.

The average rental cost in Tumba is 6.05 €/m2, while in Ano Poli the average cost is 6.25 €/m2, while the average cost of rent in Botsari is an apartment of 100 m2 above the first floor of the building. After 2000, it reached 725 euros a month.

In Charilaou, the average minimum rental price is 5.2€/sqm and the average maximum rental price is 6€/sqm, while it is 6€/sqm. Lowest average rental price in the Warehouse District.

In Evosmos, Polichni and Sykies, the average rental cost of a house of 100 square meters above the first floor after 2000 is €525 per month, €585 per month and €550 per month, respectively.

In Calamaria, the average cost of renting a house of 100 square meters above the first floor, built after 2000, is 720 euros per month, with the highest average rental price at 810 euros per month and the lowest at 640 euros per month. In Perea, the cost of renting a house with the same characteristics ranges from 500€ per month to 550€ per month, in Menemini from 420€ per month to 440€ per month, in Choriatis from 400€ per month to 500€ per month and in Gate from 700€ per month to 750€ per month.

The cost of rent in the 10 districts of Patras

In the Achaean capital of Patras, the average minimum required rental price is 4.83 €/sqm. and the maximum average of 5.92 € / sq.m. , that is, one family in one place of residence

100 sqm above the first floor with the year of construction after 2000, you will only have to pay the rent, depending on the area, from 483 € / month to 592 € / month.

In the area of ​​Agia Sophia, the average maximum rental price is 6.5 EUR/sqm. And the average minimum is 5.4 EUR/sqm. That is, the family must spend from 540 € to 650 € exclusively for rental costs, if it is a dwelling of 100 square meters.

In Agia, the cost of renting a house of 100 square meters ranges from 550 € per month to 690 € per month, in Anthopoli from 500 € per month to 680 € per month and in Zavlani from 520 € per month to 610 € per month.

More economical options are recorded in Zarouhleika and Skagipoulio where the average cost of renting a house of 100 square meters is 450 euros per month.

In the Lagora area, the cost of renting a family house from 80 sqm to 110 sqm with a minimum of 2 bedrooms above the first floor, built after 2000, ranges from 5 € / sqm to 5.8 € / sqm. .

In the center area and near the Holy Church of Agios Andreas, the cost of renting a house with the same characteristics ranges from 5.4 € / m2 to 5.9 € / m2, while in Arois from 4 € / m2 up to 5.6 € / m2.

In Rio, a coastal suburb of Patras, housing availability is low due to a high percentage of owner occupancy, especially single-family homes. The prices of apartments available for rent above the first floor, from 80 sqm to 110 sqm, after 2000, range from 4.8 € / sqm. up to 5.6 € / sq.m.

The cost of renting both in Thessaloniki and Patras will seem, to an Athenian citizen, to be very reasonable when the average cost of renting the corresponding dwelling in Athens is 9.8 €/m².

But, we must take into account each city’s infrastructure, economic data and unemployment rate.

The per capita GDP (Gross Domestic Product) in the Prefecture of Attica according to ELSTAT for the year 2019 was €23,341, in Thessaloniki €14,590 and in Achaea €13,423.

According to recently published data, Western Greece region (Achaia, Ilia, Aitoloakarnania) ranks among the three regions with the highest unemployment rates in the country. At the same time, it is characterized by a large age disparity for unemployment, with young people aged 12-24 facing the greatest challenges, followed by the 25-34 age group. Moreover, according to the statistics of the Public Employment Service, in December 2021, the number of registered unemployed people in Western Greece was 79,206, of which 47,810 had been unemployed for more than 12 months. The largest size of the unemployed at 55% includes productive ages between 25 and 55 years.

source imerisia.gr