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The pandemic crisis that turned the housing market upside down is also affecting student housing, sparking new concerns for thousands of parents and students, who have either been looking for apartments already or are waiting to find out first what the attitude will be. join the universities this year.
This in combination with the sharp drop in short-term leases due to the new coronavirus, especially since these houses have the characteristics that are usually rented by students, has led to high real estate availability compared to the previous two years.
However, as Themistoklis Bakas, president of the Panhellenic Network of Realtors E-Real Estates, tells APE-MPE, Requested rental rates for student housing in Athens’ main student areas “remain highIn other words, they are moving at the same levels as at the beginning of August, without registering any appreciable decrease, especially in the apartments that come from short-term leases and are at a high level compared to previous years, mainly renovated apartments and in largely completely renovated. “
On the contrary There is a reduction of 5% to 10% for apartments that are old and not renovated. that had not decreased in previous years.
Alternative areas with cheap rentals in Attica
Given the Athens’ traditional student areas are still expensive, students have the option to search alternative areas that may be a little further from university colleges, but it is close to the metro, so transportation will not be difficult.
“It is completely logical when a small child from the province comes to Athens, to consider that he must cover all distances in 10-15 minutes, when he acclimatizes to the rhythms of the capital he will understand that even by means of transport, the rhythms, the distances and travel time are completely different. Whereas, even in your daily life, when you want to meet up with your classmates or roommates who live in other areas of Attica, you will have to spend up to 30-35 minutes on your movement “, Themistoklis Bakas points out and adds: “It is important that new students check in each area they choose to find accommodation for students, their interconnection by public transport to the school. Let’s not forget that in Athens there are trolleybuses, trams, buses, electric buses and metro where it can be moved easily and cheaply, ”says Mr. Bakas.
For example, students who have moved to the former ATEI of Egaleo, now the University of West Attica, choose Peristeri, an area adjacent to Egaleo that has a metro station for direct movement to the center of Athens and all areas of Attica they have a station. meter, according to E-Real Estates.
the Keratsini, τον Korydallo, he Moschatο και τη nice choose students from the University of Piraeus where they can look for 2-bedroom houses with the aim of living together.
In addition, students of the Gymnastics Academy and Panteion can easily stay in Υμηττό, in Laurel, in Byron and to Heliopolis. “Let’s not forget that Ilioupoli and Daphne have a metro station where you can easily get around Athens, while these are areas that are mostly chosen by families and are quiet.” While from Ymittos and Vyronas you can easily travel by bus via Vouliagmeni – Ilioupoleos Avenue to a metro station, “says Mr. Bakas.
Apartments in Thessaloniki
In ThessalonikiIn downtown areas there are studios up to € 300 and 60m2 apartments suitable for living together, with two bedrooms up to € 500, as shown by the data from the Panhellenic Network of Real Estate Agents E-Real Estates.
“This year, the co-capital has a greater number of student-friendly properties, in many cases fully refurbished, properties that in the previous period were registered on short-term rental platforms,” says Themistoklis Bakas.
The first areas in which the interest of students is focused are the area 40 churches, Hagia Sophia, Aristotle, Kamara, Rotunda and Consul Koromilas.
The Triandria area, forty churches as well as the Upper Town are the next options when interested students cannot find a property of their choice or financial capacity in the mentioned areas.
In Vardari, the interested student can look for a studio of 30m2 to 40m2 with a monthly rent that ranges between € 220 and € 250, while, if they choose to live with a fellow student or a colleague from the school they will attend in the In the same city, the monthly rent for an apartment from 60m2 with 2 bedrooms ranges between € 300 and € 400.
In your area Kamaras or she Roundabout which over time constitute the areas chosen by the highest percentage of new students, the rental prices are higher, reaching € 300 for a 30m2-40m2 studio and 450-470 as a higher price for 60m2 apartments with 2 bedrooms.
When will the requested price reductions be recorded?
“We believe that sales prices, especially in areas where there are significant increases compared to the corresponding period of 2019, the next period after the end of September – mid-October, when more real estate will have returned from short-term leases , to long-term contractual leases. Asked prices will be adjusted and reductions made if the owners really want to rent their property to students and do not continue to maintain a waiting period for them to return to short-term rental. Let’s not forget that the monthly rent – income from traditional leases – long-term, cannot be compared – identified with income from short-term leases. “Sales prices are definitely different after the usual parental ‘treatment’, especially if the owner feels that he will receive the monthly rent without any problem, “says the Mr. Bakas.
So far, parents seem to be on hold, contacting real estate agencies to find out about real estate availability, requested rental prices, as well as alternative areas – cheaper that can also make it easier for the student to move directly to school primarily through metro, but your final decision will depend on the course of the pandemic.
What to Look for When Looking for a Student House
The 20 basic tips when looking for student accommodation according to the Panhellenic Network of Realtors E-Real Estates
1. Do not look for a house outside the door of the University, (common mistake of parents …).
2. Don’t rent basements, attics, or very old houses.
3. Organize your search and don’t rush to find the first one you will see.
4. Always sign a contract with the landlord or their attorney and never make verbal agreements.
5. Do not prepay even one euro in several of the so-called real estate services or consulting companies.
6. Do not respond to ads with low rental rates, which require a deposit to view.
7. If you go to a real estate agency, make sure it is legal. The broker is entitled to a fee, so we need to ask what his fee is and pay the fee only if we rent the house he offered us. Therefore, we pay, after signing the contract, with the owner.
8. Before deciding to sign a contract, we are informed about the utility bills of the house and all the expenses that will be borne by the house, in addition to the rent.
9. Delays in paying utility bills and utility bills have the same effects on rent arrears.
10. We check the location of the house, the neighborhood and what it brings us
11. Students looking for student accommodation in Northern Greece (Kastoria Florina, Kozani, etc.), should pay special attention if the apartment has shared or autonomous heating because winter is longer and monthly heating costs can reach 50% of the rent.
12. On the days of registration, adding a “hat” up to 20% in relation to the initially requested Income is not excluded.
13. We check the house well, to identify any defect and communicate it to the owner, so that he can fix it, before starting to live in the house.
14. The lease of a house has a minimum validity of three years, even if a shorter or indefinite period has been agreed.
15. If the contractual period is less than three years and there is no rent adjustment agreement for the remaining year, the rent paid will increase annually by seventy-five percent (75%) of the cost of living index given by the Bank of Greece, during the immediately preceding twelve (12) months.
16. The fixed-term lease expires once this term has elapsed, without requiring anything else. In fact, it is considered to be renewed, indefinitely, when, after the agreed time, the tenant continues to use the house, and the owner does not oppose it.
17. The indefinite-term lease, after the three-year period, ends at the termination of the owner or lessee.
18. The rent is paid on the date agreed between the landlord and the tenant.
19. The payment of the guarantee is not an obligation of the tenant, which derives from the law, but has prevailed, as a rental custom.
20. Attention! As of 01.01.2008, the seal was abolished, for residences.
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