Massive discrepancy between properties for sale and rent

The number of properties listed for sale significantly outweighs those available for rent in areas with substantial housing inventory, data show, indicating a reluctance of homeowners to rent out their properties.

The trend, according to data from the Spitogatos.gr website, is most notable in the western suburbs of Athens, known for their affordability to a broad demographic.

The number of available rental homes in this area of Attica stands at just 867, a mere 8.3 percent of the corresponding properties listed for sale in the same area (10,358).

The trend persists across various regions. In the center of Athens, only 5,039 properties are listed for rent, compared to a substantial 32,268 properties that have been put up for sale. Similarly, in the southern suburbs, which boast the highest housing supply, 8,365 rental properties are available against 41,567...