Cost of Apartment Rent in Kiev Compared to other Capitals of the World
by Yuri YeleykoThe cost of rent in Kiev compared to other capitals of the worldDue to increased popularity of Kiev as a tourist destination, several 5 star hotels were constructed just recently. However cost of living in hotels still remains pretty high. So renting an apartment in Kiev is an outstanding alternative to expensive hotels rates.We decided to research cost of apartments rental in Kiev compared to other popular capitals of the world. Here you go with the results of our findings:The title of most expensive cities in the world is traditionally reserved by New York. Renting of a usual one-room apartment costs an average $ 3000 a month. Level of the housing market is very low here, and therefore the high rental rate not only will be preserved but is projected to grow by 6.6%.A bit inferior by the cost of rental rates goes London, which confirms the reputation of the most expensive city in Europe each year. A usual one-room apartment with inexpensive repair in central London can cost about $500 a week, or 2500 dollars a month. One-bedroom apartment on the outskirts of London with low repair costs an average $800 a month.In Paris cost of rental apartments has been growing rapidly due to population growth and housing shortages. At the heart of Paris near the Louvre, the Opera House, City Hall, the Notre Dame de Paris apartment rental prices are about $1500-3000 per month. Reputation of expensive districts is also preserved by the 6th and 7th district, the Eiffel Tower area. Rome is the most rapidly developing city of Italy, but the market for rental housing is small, and it impacts on prices. A one-room apartment with a minimum of facilities costs a tenant in about $800 a month. Apartment located in the central part and near the subway station is quickly leased for $600 - 1200 a week, i.e. $3000-4000 a month, and possibly higher depending on the design and equipment. If the apartment has a terrace with views on the city rent increases by 10 - 15%.In Prague demand for rental apartments is high because of the large flow of foreigners, businessmen and wealthy people coming to Prague for quite long time. Renting of a one-room apartment with standard low-cost repairs next to the subway would sum $300-500 a month. Proximity to the metro, as well as proximity to the city center increases rent rate for $120-150 a month.In Moscow tenants can expect to rent an apartment in the Soviet times houses close to the metro station per about $750 a month for a one-room apartment with usual repairs, about $1000 a month will cost a two-room apartment, and about $1500 a month - a three-room apartment. Prices for elite apartments and business class housing tot up to $2000 per month for a one-room apartment, from $3000 per month for a two-room apartment, and from $4000 a month for three-room apartmentBerlin is reputed as one of the cheapest Western European capitals. Supply exceeds the demand there and over the last 10 years prices increased only by 5%. The usual one-room apartment with affordable repairs will cost about $350 a month; two-room apartment is around $600 a month. But these are just average prices as not only quality of the housing is regarded but mostly its location.As we stated above growing interest of tourists to Kiev also promotes development of apartment rent business in the capital of Ukraine. In an easy state of mind of renting business professionals any Kiev apartment rent inquiries will be satisfied. Average daily rent price of distant; Kiev accommodations sum about $35 a day, most central suit of rooms cost about $ 50-55. Most choice variants stuffed with all kinds of electronic appliances, uniquely designed apartments will amount to $150. Cute variants of two-room apartments rent in the Kiev city centre start at the $90 mark and do not end at around $150 a day.