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Monaco has the most expensive Airbnb in Europe

Millions of people use Airbnb when travelling, which is why so many more homeowners and landlords are listing rooms and properties with the online home rental platform.

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A recent report from ARLA Propertymark, in partnership with leading research consultancy Capital Economics, revealing that the number of active listings on Airbnb in the UK rose by 33% to 223,000 in 2018 from 168,000 in 2017.

Monaco has the most expensive option for an Airbnb within a one-mile radius of the central point at an astonishing £296.00/€349.00 per night. Thereafter, London has the next most expensive choice for an Airbnb at £188.00/€222.00 per night interestingly, the most expensive Airbnb rate per night in other popular European capital destinations is as follows: Rome (£145.00/€171.00), Paris (£143.00/€169.00), Madrid (£117.00/€138.00), Berlin (£97.00/€114.00).

2020 may just be getting underway but many of us are already making holiday plans for the year ahead – with short trips to European capital cities a popular option. A lot of people will undoubtedly believe that it might be more cost-effective for them to stay in someone else’s home (via Airbnb) than splurge a hefty sum on a hotel.

Interested in travel accommodation, Sellhousefast.uk found out what the most expensive option for an Airbnb per night would be within a one-mile radius of the central point of 49 different European capital cities.

Sellhousefast found that lavish Monaco has the most expensive option for an Airbnb within a one-mile radius at an astonishing £296.00/€349.00 per night. Thereafter, London has the next most expensive choice for an Airbnb within a one-mile radius of the central point at £188.00/€222.00 per night.

Andorra la Vella ranks third, with the highest-priced Airbnb within a one-mile radius set to cost interested travellers £156.00/€184.00 each night.

Interestingly, the most expensive Airbnb rate per night within a one-mile radius of the central point in other popular European capital destinations is as follows: Rome (£145.00/€171.00), Paris (£143.00/€169.00), Madrid (£117.00/€138.00), Berlin (£97.00/€114.00) and Lisbon (£74.00/€87.00).

At the other end, the most expensive choice for an Airbnb in North Macedonia’s capital, Skopje, is just £34.00/€40.00 per night.

David Cox, ARLA Propertymark chief executive, commented: “As landlords are continuously faced with increased levels of legislation, it’s no surprise they are considering short-term lets as a chance to escape this. “Unless the sector is made more attractive, landlords will continue to exit the market resulting in less available properties and increased rent costs.”

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