Tag: Airbnb

Koukaki district is like a bed in many ways. It may seem like a stretch, but if you use your imagination, you can see how its long streets along Syggrou look like a big bed. This comparison is fitting because Koukaki got its name from Georgios Koukakis, who used to own a large iron bed factory. His factory was later taken over by Charles Fix, who expanded his famous brewery there in 1893. The district is also considered the “tail” of Athens’ center and Plaka. Athens: The neighborhood named after ...

Every neighborhood in Athens has its history. Behind the name of a district, often lies an interesting story. And this is the case with a well-known neighborhood in the heart of Athens. Talking about the Koukaki District. The Koukaki District and the history of its name The Koukaki District spreads on the southeastern side of the Philopappou hill. This name was given to it around the 1900s and is due to one of the first inhabitants of the area. Who was he? The factory owner Dimitrios Koukakis, a very well ...

Airbnb and foreign investment, along with flawed long-term policies, drove out the residents. In several areas in Athens, there is the following phenomenon: rents are constantly increasing as the population of Athens decreases. The centre is being touristized, with the inhabitants of the city changing area. Foreign groups invest in areas of the capital. They're not just buying an apartment, they're buying entire apartment buildings. The rules are changing and citizens who have been permanent residents for many years are forced to leave. They can't follow the upward rally in ...

Greece is the cheapest country in the European Union in price per square-meter in real estate The centre of Athens regains its old glory. At least as far as real estate is concerned. There are areas that are again sought after. And more are coming. The years of crisis, the justified reactions of the world, the marches, the fighting, the capital properties that lost their value. And now they seem to be recovering it. If 2018 was the first optimistic sign in the property market, 2019 was much better. The ...

The rules have changed and the stakes are rising and the prices of an apartment exceed even the amount needed for basic salary! A few years ago, if you told someone that rentals in Koukaki district would be more expensive than those in Ekali or Vouliagmeni districts, they'd just laugh at you not caring about your feelings. But today, you'd the one laughing. The short-term lease, the so-called Airbnb, has set up a price rally. How else can you explain that a 50 sq.m. apartment in Koukaki that has a ...

The BBC reported on its on-site theme on Exarchia and Airbnb. Based on a Facebook page entitled "Exarcheia Tourism", Britain's television network carries a message posted on social media and proceeds to analysis-commentary on the area in Athens. "Instagram tourists,police officers won't save you," the post on the social network reads, with a double message: "You're not welcome here and you're not safe here. Owner, your door is next." The rise in tourists due to Airbnb has increased rental prices, the BBC claims. We are all experiencing a new reality ...

When discussing Greek real estate, one’s thoughts often gravitate towards regions in Attica or Thessaloniki. But what about the larger Greek islands that see their populations multiply two, three, or even five times from spring through September, peaking in the summer? It’s important to note that Mykonos is in a league of its own. The rules there differ significantly from the rest of Greece. Did you know that during the economic crisis, when house values dropped by up to 60% across the country, property prices in Mykonos not only remained ...