An apartment in a villas wine bar in Dublin’s Villa Capri apartments can cost €30-50,000, a new study shows.

The study, carried out by Dublin-based company Villa Capital and commissioned by the Department of Housing, Housing and Local Government, shows the average rent of a single villa in the apartment complex is €3,600 a month, according to a report by the Irish Times.

It also found the average apartment had a total floor area of 1,500sq m and the median price of a unit was €5,500.

The average price of an apartment in the villas apartments in Dublin is €5.4m, with a median price €6,300.

The villas average rents of €3.9m are almost double that of the city of Dublin, which had an average rent increase of 7.3 per cent.

The report said the average price in Dublin was €3m higher than the city average of €1.9 million.

The Villa Capital study, commissioned by Dublin City Council, said villas apartment owners in Dublin were willing to pay the average €2,000 per month rent for an apartment.

However, it said, many owners had not been able to get this information because of the high cost of living.

It said the current rental structure in Dublin means the average cost of renting a villasuage is between €2m and €3 million a year.

“The situation is so bleak in many areas, especially in Dublin, that the average rental is less than half the city’s average rent,” it said.

The new study by Villa Capital said it was not clear how many people were renting out villas in the capital, or whether the trend was permanent.

The city’s rent crisis has led to rents increasing by an average of 8.7 per cent in Dublin in the past 12 months.

It has seen rents rise by an estimated 40 per cent over the past two years.

The City of Dublin said it would increase the number of properties available to rent, while the State would also increase the value of properties.

In Dublin, the average rents for villas are €3-5,000 a month and are up by about 15 per cent on last year.

The Government said it wanted to ensure that people were getting a fair deal for their properties.

“We will introduce new measures to make sure that the people who have a job, the people on benefits, the young people on pensions and the disabled are getting a deal that is fair and is consistent with the cost of housing,” Minister for Housing Simon Coveney said.