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> Economy

How much for a vacation rental per week this summer

Weekly prices for a vacation rental in Mykonos, Santorini, Milos may reach or even surpass 3,000 euros

Newsroom June 24 10:36

According to Mr Themistocles Bakas, managing director of real estate services network E-Real Estates, prices are on the same level compared to 2013 showing a rise or fall by 10-15% depending on the region, while compared to 2008, prices fell by 30% – 50%.

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The rental price for October dropped by 30-40% compared to June.

The weekly rental prices for Mykonos, Santorini, Ionian Islands (Zakynthos, Corfu), Sivota, Halkidiki, Milos are higher especially for the high season months, July and August, reaching or even exceeding 3,000 euros. In some cases, though, the rental price reaches 10,000 to 15,000 per day.

“If someone wants to spend their holiday and stay in a villa can search on specific legal websites of management companies and find luxury villas in Greek islands and popular destinations in our country at prices, depending on the period, that do not exceed 100-120 euros per couple. Many agencies abroad rent villas at prices based on the dollar”. In many cases breakfast and cleaning services of the villa and pool every 2-3 days are included in the facilities and services provided, while basic requirement is a minimum stay of seven days.

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