Rents for most high profile locations in Greece are seeing yet another increase, despite the current trend in the devaluation of properties in the country.
This conclusion is included in a report by Algean Properties, an international agency, with operations in Athens and presence in London and in Luxembourg.
According to their report, the continuing arrival of tourists leads to higher demand for properties and higher revenues. That consequently snowballs into the rise of rents and lease prices.
Mykonos tops the list of locations with the largest rent increases, with Santorini and Paros not too far behind. As a matter of fact, of the 10 holiday destinations listed as witnessing an increase in rates, eight are Greek.
Through these results it becomes obvious that, for yet another year, Greece retains its position as one of the most sought-after holiday locations. Also these continuing increases and the subsequent demand could give the economy the boost that it needs.