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.”
YouTube gaming sensation Vikkstar123 has christened the W London’s first ever luxury gaming hotel suite, appropriately with Warzone 2.0. Vikkstar123 rose to fame as a member of YouTube group, The Sidemen (along with KSI, Miniminter, Zerkaa, TBJZL, Behzinga, and W2S). In a contemporary twist to the usual luxury hospitality offering, this new suite in theContinue Reading
Danish Designer electronics brand Bang & Olufsen has confirmed it’s opening an experiential flagship store in the heart of Mayfair, London. Due to open in New Bond Street early 2023, it’s being described as ‘a dedicated space to immerse visitors in the Bang & Olufsen universe of seamless connected audio and visual products.’ Frankly, we’reContinue Reading
Disney has announced a series of special events coming to the UK and Europe, as part of its 100th anniversary celebration in 2023, dubbed Disney100. Disney fans can look forward to exclusive concerts and immersive experiences, while visitors to Disneyland Paris can also expect Disney100 to feature after October 16 (the day Walt and brotherContinue Reading
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.”
Ready Player 123: The W London moves up a level as it opens first luxury gaming suite
YouTube gaming sensation Vikkstar123 has christened the W London’s first ever luxury gaming hotel suite, appropriately with Warzone 2.0. Vikkstar123 rose to fame as a member of YouTube group, The Sidemen (along with KSI, Miniminter, Zerkaa, TBJZL, Behzinga, and W2S). In a contemporary twist to the usual luxury hospitality offering, this new suite in theContinue Reading
We’re S-H-O-P-P-I-N-G: Bang & Olufsen to open flagship store in Mayfair London 2023
Danish Designer electronics brand Bang & Olufsen has confirmed it’s opening an experiential flagship store in the heart of Mayfair, London. Due to open in New Bond Street early 2023, it’s being described as ‘a dedicated space to immerse visitors in the Bang & Olufsen universe of seamless connected audio and visual products.’ Frankly, we’reContinue Reading
Disney announces concerts and exhibitions for 2023 centenary at lavish Disney100 Debut event
Disney has announced a series of special events coming to the UK and Europe, as part of its 100th anniversary celebration in 2023, dubbed Disney100. Disney fans can look forward to exclusive concerts and immersive experiences, while visitors to Disneyland Paris can also expect Disney100 to feature after October 16 (the day Walt and brotherContinue Reading
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