BUSINESS

Exarchia, Pangrati and Ambelokipi rise in home-sharing popularity

NIKOS ROUSSANOGLOU

TAGS: Property

Pangrati and Ambelokipi are expected to follow Exarchia as the new Athens hotspots for short-term property leasing through online home sharing platforms.

Property market professionals say these neighborhoods have in recent months seen increased demand both for renting and for acquisitions, aimed at the utilization of apartments – most of them quite old ones – through platforms such as Airbnb and HomeAway.

According to independent website InsideAirbnb, as many as 500 ads on Airbnb concerned Exarchia in June, with Pangrati accounting for 296 ads and Ambelokipi attracting 269. Plaka remained on top with 681 ads.

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