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.”
Award-winning French elderflower liqueur ST-GERMAIN has partnered with McQueens Flowers, for a terrace take-over across London, which runs until August 1. The al fresco hotspots list a new entry in what has become a seasonal perennial, Whitcomb at The Londoner, in London’s Leicester Square. Other pop-ups where you can enjoy a classic cocktail against anContinue Reading
No time to dine? Perhaps you should book yourself into the St Ermins. There can be few London hotels with as storied a history as St Ermin’s in St James’s Park. The hotel is widely associated with cold war espionage, and was home to the British intelligence services through WWII, a past it wears proudlyContinue Reading
Dinosaurs loomed large over London this weekend when the cast of Jurassic Park Dominion assembled for a photocall in Trafalgar Square, before a cast and crew screening of the summer blockbuster. The film is the final entry of the Jurassic World trilogy, following Jurassic World and its sequel Fallen Kingdom, and unites stars from acrossContinue 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.”
Vive l’Apéritif : ST-GERMAIN stages summer cocktail terrace takeover across the capital
Award-winning French elderflower liqueur ST-GERMAIN has partnered with McQueens Flowers, for a terrace take-over across London, which runs until August 1. The al fresco hotspots list a new entry in what has become a seasonal perennial, Whitcomb at The Londoner, in London’s Leicester Square. Other pop-ups where you can enjoy a classic cocktail against anContinue Reading
License to chill: St Ermin’s Hotel, St James’s Park London review
No time to dine? Perhaps you should book yourself into the St Ermins. There can be few London hotels with as storied a history as St Ermin’s in St James’s Park. The hotel is widely associated with cold war espionage, and was home to the British intelligence services through WWII, a past it wears proudlyContinue Reading
Jurassic World Dominion cast gather for Trafalgar Square photocall
Dinosaurs loomed large over London this weekend when the cast of Jurassic Park Dominion assembled for a photocall in Trafalgar Square, before a cast and crew screening of the summer blockbuster. The film is the final entry of the Jurassic World trilogy, following Jurassic World and its sequel Fallen Kingdom, and unites stars from acrossContinue Reading
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