“Rental prices” for real estate – Greece ranks second in Europe – “Yes” to cohabitation - Ecozen

In recent years, the real estate market in Europe has undergone significant changes, as evidenced by data from the fourth quarter of 2023. Compared to the same period in 2022, housing prices in various countries have shown diverse results. For instance, Portugal is experiencing an increase in11.1%, and in Greece — on10.7%In Cyprus, the cost of housing has increased by7.6%in the Netherlands and Romania — on6.4%Spain has noted a rise in prices for4.2%Switzerland —2.6%Poland —2.2%...and in Italy, prices have risen by1.7%At the same time, a country like the Czech Republic has recorded a drop in prices for3.5%Germany — on6.8%Latvia - on7.1%Luxembourg and Slovakia are on8.6%Such statistical data shows how the real estate market varies regionally, depending on economic conditions.

According to research conducted since the beginning of 2018, average housing prices in Greece have increased by60%However, in Attica, a region with a high demand for housing, this growth reaches colossal levels.79%This corresponds to the peak values observed between 2007 and 2008. Local experts note that in some highly sought-after areas, apartments now cost even more than before the economic crisis.

Co-living

In the current context, the idea of co-living is becoming increasingly popular. According to new research findings, many Greek citizens are eager to share housing, reflecting broader European trends. A survey conducted by MyRoomie revealed that:

• 85%tenants and80%Owners are ready to invest in services for finding cohabitants.
• The positive impact of cohabitation on social life has been confirmed.77%participants who have already had experience living together.

The interest in cohabitation is largely driven by the desire to reduce living expenses, as stated.70%respondents.

Real estate market

This renewed interest in co-living is occurring against the backdrop of increasing competition in the real estate market in European cities. Research data highlights the high demand for affordable and flexible housing options, with65%Participants prefer to use online platforms to find suitable apartments. MyRoomie, a leading company in the co-living sector in Greece, is actively working to address housing-related issues.

According to Dominik Priytis, the CEO of MyRoomie, the survey data highlights the important role of co-living in the current housing market conditions both in Greece and across Europe. The company places special emphasis on developing affordable and pleasant living conditions that not only meet economic needs but also foster social connections and communication.

Thus, co-living is becoming an increasingly relevant solution for many citizens of Greece, especially among the youth. The research findings open up new opportunities for businesses and services, optimizing the housing search process while taking into account the interests of both tenants and landlords.