Displaying items by tag: airbnb
Seasonal rentals drive Athens rents to levels unreachable for Greeks
The data from the ads published on the spitogatos website reveal that the few dozen properties available in Koukaki for rent are offered from 6 euros per square meter to the astronomical sum of 34 euros per sq. M. (this would mean 1,700 euros for an average home of 50 square meters). Impressive is also the case of ground floor property in the area, with an area of 50 square meters, which has a rentalprice of 1.000 euros per month.
Tourism gives Greece’s ailing construction industry new life
The dynamic performance of the tourism sector appears to be driving Greece’s ailing construction industry, which is seeing the first signs of recovery after the debt crisis which gripped the country in 2007.
Airbnb causes wave of evictions
A large wave of evictions and rent increases has been caused by the Airbnb rental phenomenon, as reported by the Panhellenic Association for the Protection of Tenants.