Rents for medium-term rentals have increased in one year in major European cities. A study reveals that Amsterdam occupies the first place, followed by Lisbon and Paris.
Living abroad, for work or studies, can be tempting. But watch out for the rents! The Studapart and HousingAnywhere platforms have just unveiled a study on the amount of rent for the rental of a T2 for 3 months a yearin 23 major cities in Europe (excluding Great Britain). And the trend is up, reports Capital. The rents for two rooms would thus have increased by 19.3% in one year, in the cities studied.
An increase which can be explained by the recovery of tourism, after years marked by the Covid-19 pandemic. With an increase in demand, the market has become tighter.
Amsterdam the first place
The first place is occupied by amsterdamwhere the average rent rises 1950 euros for a furnished T2, i.e. an increase of 25.8% in one year. Amsterdam is a city that has been experiencing a housing shortage for several years, says Morgan Barlet, sales manager at HousingAnywhere.
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More surprisingly, the second place is occupied by Lisbon: 1940 euros on average for a T2. Prices have skyrocketed in the Portuguese capital: +38% in one year. Some workers would settle there for a few months to take advantage of the sun and the cost of living, which is lower than in major European cities. This causes an increase in demand which increases rents in a cyclical way, adds Morgan Barlet.
A changing market
Paris climbs on the third step of the podium. On average, you have to pay 1908 euros for a T2, i.e. an increase of 6.3% in one year. More generally, the medium-term rental market is changing, according to the specialist: From now on, executives often have the possibility of choosing their place of residence to work and the major European cities have lost attractiveness in advantage of human-sized cities, where the quality of life is better.
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Reykjavík, Utrecht and Milano would thus be the cities most requested by expatriates, since the crisis linked to Covid-19.