New research has revealed that the cost of a one bedroom apartment in London currently commands an average of £1,776 per month, an all-time high. This is by far the highest cost of renting in all 28 cities analyzed by rental platform Rentd.
Paris is nearly as expensive at £1,589 per month, while the average monthly rent also exceeds £1,000 in Dublin, Amsterdam, Copenhagen and Stockholm.
The greatest level of rental market affordability can be found in Bulgaria’s capital Sofia (£359), Budapest (£373), Riga (£380) in Latvia and the Romanian capital of Bucharest (£393).
At an average rental cost of less than £400 per month, these cities are around 80 per cent per month more affordable than the UK’s capital; you could rent for between four and five months for the cost of a single month’s rent in London.
The greatest level of rental market affordability can be found in Bulgaria’s capital Sofia…
For something a little more mainstream, the Croatian capital of Zagreb is home to an average monthly rental cost of £428, with Athens (£433) and the Cypriot capital of Nicosia (£492) also coming in at under £500 per month.
Again, not only are they 72-76 per cent more affordable, but you could rent for between three and a half to four months for the cost of a single month’s rent in London.
Founder and CEO of Rentd, Ahmed Gamal, said: “When it comes to bricks and mortar, London is arguably the most desirable city in Europe, if not the world, regardless of whether you’re looking to buy or rent. Of course, the down side to this unsurpassable level of property prestige is that high demand for rental homes has pushed the cost of renting within the capital far beyond that of any other European capital.”
With Valentine’s Day just around the corner, Hackstons of Knightsbridge is offering a curated selection of last-minute luxury drinks gifts certain to elevate the most romantic night of the year. In-house expert Guillaume Ragot has selected five outstanding bottles that tick all the right boxes, from celebratory sparkling wines, to memorable sippers, and luxury after-dinner…
The London Distillery Company has announced a 10-year-old single malt, Ten Times Around the Sun, marking London’s first decade-aged modern whisky. Limited to just 220 bottles, this single cask expression has been distilled using Quench spring barley, known for its biscuity, cereal notes. The spirit was laid down on October 20 2015 and filled into…
January is famously rather rude to our bank accounts. The decorations come down, the credit card statement arrives, and suddenly even a latte starts to feel like a luxury purchase. But one London restaurant is doing the Lord’s work this winter… by taking its prices straight back to 2015. For the entire month of January,…
The Luxe Review 
New research has revealed that the cost of a one bedroom apartment in London currently commands an average of £1,776 per month, an all-time high. This is by far the highest cost of renting in all 28 cities analyzed by rental platform Rentd.
Paris is nearly as expensive at £1,589 per month, while the average monthly rent also exceeds £1,000 in Dublin, Amsterdam, Copenhagen and Stockholm.
The greatest level of rental market affordability can be found in Bulgaria’s capital Sofia (£359), Budapest (£373), Riga (£380) in Latvia and the Romanian capital of Bucharest (£393).
At an average rental cost of less than £400 per month, these cities are around 80 per cent per month more affordable than the UK’s capital; you could rent for between four and five months for the cost of a single month’s rent in London.
For something a little more mainstream, the Croatian capital of Zagreb is home to an average monthly rental cost of £428, with Athens (£433) and the Cypriot capital of Nicosia (£492) also coming in at under £500 per month.
Again, not only are they 72-76 per cent more affordable, but you could rent for between three and a half to four months for the cost of a single month’s rent in London.
Founder and CEO of Rentd, Ahmed Gamal, said: “When it comes to bricks and mortar, London is arguably the most desirable city in Europe, if not the world, regardless of whether you’re looking to buy or rent. Of course, the down side to this unsurpassable level of property prestige is that high demand for rental homes has pushed the cost of renting within the capital far beyond that of any other European capital.”
Valentine’s Day drinks gift guide: fine wine, champagne and rare spirits they’ll love
With Valentine’s Day just around the corner, Hackstons of Knightsbridge is offering a curated selection of last-minute luxury drinks gifts certain to elevate the most romantic night of the year. In-house expert Guillaume Ragot has selected five outstanding bottles that tick all the right boxes, from celebratory sparkling wines, to memorable sippers, and luxury after-dinner…
The story behind London’s first 10 Year Old modern single malt whisky
The London Distillery Company has announced a 10-year-old single malt, Ten Times Around the Sun, marking London’s first decade-aged modern whisky. Limited to just 220 bottles, this single cask expression has been distilled using Quench spring barley, known for its biscuity, cereal notes. The spirit was laid down on October 20 2015 and filled into…
This iconic London restaurant is rolling prices back to 2015 – and it’s serving some of the best fish & chips in the city
January is famously rather rude to our bank accounts. The decorations come down, the credit card statement arrives, and suddenly even a latte starts to feel like a luxury purchase. But one London restaurant is doing the Lord’s work this winter… by taking its prices straight back to 2015. For the entire month of January,…
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