The Student Residence Deadline – Prices and New Student Homes

Crossword for strong solvers it turns out to be once again finding student residenceas in addition to the prices continue to climb, the stock of available houses in the students is declining rapidly.

However, the student halls that will be built in the coming years will be given a breath, while efforts are being made to renovate and the few existing student halls. The image of Geoaxis’s recent survey is revealing, as in Athens, Rental rates for student residences have been ejected by 147% from 2016 until today. Co -housing, which could act as a “shield” against costs, remains limited, with the exception of Cypriot students who appear more receptive to this solution.

The lowest price is found in Nice At 9 euros/sqm, at the cost of an apartment below 65 sq.m. to be 500 euros. On the contrary, high tourist areas, such as Metz – Kallimarmaro, Koukaki – Makrigianni and Kolonaki – Lycabettus, are not recommended for students, as the average requested price ranges from 13 to 16.5 euros/sqm.

Indicatively, in the area of Zografos, the most student area of Athens, due to its proximity to the campus and the Polytechnic, a student house of less than 65 sq.m. It has an average requested rental price of 534 euros.

Corresponding pressure is also recorded in other campuses. In Thessaloniki, rents were up 108% in a decadereaching 10.1 euros/sqm, while in Patras the average price reaches 10.5 euros/sqm, second more expensive after the capital. Volos is a 106% increase and rents of 9 euros/sqm, while in Komotini the average price was 8.5 euros/sqm this year, with a rise of 70% in ten years.

In HeraklionDemand ‘pushes’ prices to 9.5 euros/sqm, as many apartments turn to short -term leases, with the phenomena of owners asking students to leave as early as May.

The lack of quality houses is also reflected at the age of the apartments: from 51 years in downtown Thessaloniki and 48 in Athens, to just 21 years in Komotini. Correspondingly, the surface varies, with larger houses in Thessaloniki (48 sqm) and smaller in Heraklion (38 sqm).

On the front of the interventions, Education Minister Sofia Zacharakis recently signed the € 24m funding for the renovation of the Athens Student Home, a move aimed at upgrading public infrastructure and supporting vulnerable students.
At the same time, new outbreaks through PPPs are moving at different speeds.

In Crete, AKTOR has already signed a contract for 4,846 beds in Rethymnon and Heraklion, with a budget of € 255 million, while Thessaly is still pending the signing of contracts for a € 116 million project, which includes the redevelopment of old Volos.

In Thrace, the same company has submitted the only bid, while in Western Macedonia the competition is now in the process of submitting bids, with the participation of the largest construction groups.

The competition for the implementation of student halls and educational infrastructure at the University of Western Attica is expected to be announced soon. The notice concerns the creation of the student in Ano Liosia and will be conducted through the competitive dialogue process. The aim is to choose a private body, which will undertake the construction of a student housing complex with a capacity of 1,100 beds, student restaurants, educational amphitheater and cultural infrastructure.

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