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.”
Laphroaig single malt Scotch whisky is partnering with Michelin-starred chef Tom Aikens, for a three day collaboration, dubbed The Laphroaig Market. Running Friday April 21 to Sunday 23 in Borough Yards, London, the ticketed event is a celebration the capital’s pioneering culinary creators and fresh food suppliers. Inspired by Laphroaig (la-‘froyg) single malt whisky, Aikens…
In a corner of London’s Leicester Square, just a short walk from Piccadilly Circus, there’s a doorway to downtown Tokyo. Yokocho on Panton Street is a retro-styled ramen eatery that recreates the vibe and visuals of 1970s Japan. It’s more Shibuya than Ginza, but that’s no bad thing, and with a playlist that’s an eclectic…
Legendary London nightclub Boujis is making a comeback, with the launch of B London in Old Brompton Road, and you won’t even have to ‘B’ there to visit the club, thanks to the wonders of Virtual Reality. The team behind Boujis, Mahiki and Raffles Chelsea – Jake Parkinson-Smith, Carlo Carello, Fraser Carruthers, Steve Manktelow and…
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.”
Laphroaig partners with chef Tom Aikens for a premium pop-up market food and whisky experience
Laphroaig single malt Scotch whisky is partnering with Michelin-starred chef Tom Aikens, for a three day collaboration, dubbed The Laphroaig Market. Running Friday April 21 to Sunday 23 in Borough Yards, London, the ticketed event is a celebration the capital’s pioneering culinary creators and fresh food suppliers. Inspired by Laphroaig (la-‘froyg) single malt whisky, Aikens…
Panton Yokocho review: Step back in time with this retro ramen special
In a corner of London’s Leicester Square, just a short walk from Piccadilly Circus, there’s a doorway to downtown Tokyo. Yokocho on Panton Street is a retro-styled ramen eatery that recreates the vibe and visuals of 1970s Japan. It’s more Shibuya than Ginza, but that’s no bad thing, and with a playlist that’s an eclectic…
Notorious nightclub Boujis is back: B London and cocktail bar opens in South Kensington… and the metaverse
Legendary London nightclub Boujis is making a comeback, with the launch of B London in Old Brompton Road, and you won’t even have to ‘B’ there to visit the club, thanks to the wonders of Virtual Reality. The team behind Boujis, Mahiki and Raffles Chelsea – Jake Parkinson-Smith, Carlo Carello, Fraser Carruthers, Steve Manktelow and…
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