In intensive search for student accommodation there are thousands of parents and young people who, with a feeling of satisfaction and relief, saw the efforts of years and hard efforts and sacrifices being rewarded with their successful admission to Higher Education. However, for a large number of admitted students, this success is accompanied by the need to move to the city where their new School is located, which does not coincide with the city where they lived and grew up until today.

In this context, parents and young people are looking for the solution that suits and can withstand their family budget. Most people turn to the solution of rent, or a small one studio apartment or a larger apartment for cohabitation. However, the number of parents considering the possibility of buying a house, looking at the longer term, is not negligible.

Rent from 250 euros for a 30 sqm studio apartment up to 500 euros in the greater Athens area

However, where are the rental and purchase prices for apartments in the wider area today? of Athens which gather a large part of the total number of admissions, from all over Greece. What are the differences compared to 2023? What are the rent prices in Thessaloniki, Patras and HERACLION, Crete; In particular, according to data from the Golden Opportunity electronic platform, the following emerges:

The average rental price for apartments in the wider area of ​​the capital up to 60 m2 starts from 8.28 euros per square meter in Acharnes (which means, for example, that for a 30 m2 studio the rent is 248 euros) and reaches up to 16 .56 euros per square meter in Voula (which means that for a 30 sqm studio the rent is 496 euros).

The rent increases in the first half of 2024 both in Athens, as well as in Thessaloniki, Patras and Heraklion in Crete, in many cases exceed 10% compared to the first half of 2023. According to the comparative data, the increases are also large in areas with the lowest rent prices per sq.m.

In more detail, the rental prices per square meter in the first half of the year for apartments up to 60 square meters per area in the greater Athens area, according to data from Golden Opportunity (https://www.xe.gr/) start from:

  • Acharnes 8.28 euros per sqm (+4.8% compared to the first half of 2023),
  • Artemis 8.72 euros per sq.m (+8.2% increase)
  • Keratsini 8.8 euros per sq.m (+7.6%),
  • Ilion 8.95 euros per sq.m (+11.2%)
  • Petersburg 8.96 euros per sq.m (+4.9%),
  • Lark 9.47 euros per sq.m (+15.60%),
  • Nice 9.52 euros per sq.m (+8.10%),
  • Dove 9.64 euros per sq.m (+10.40%),
  • Galatsi 9.73 euros per sq.m (+8.40%),
  • Caress 9.85 euros per sq.m (+8.10%),
  • Nea Ionia 9.95 euros per sq.m (+7.20%)

They are as follows:

  • Egaleo 10.11 euros per sq.m,
  • Kalyvia Thorikou 10.17 euros per sq.m
  • Heraklion Attica 10.32 euros per sqm),
  • Piraeus 10, 44 euros per sqm,
  • St. Dimitrios 10.57 euros per sq.m.,
  • Hawk 10.63 euros per sq.m.,
  • Transformation 10.7 euros per sq.m.
  • Pallini 10.73 euros per sq.m
  • Kalithea 10.81 euros per sq.m.
  • Athens Central Sector 10.88 euros per sqm (increase of 9.1%),
  • Muscat 10.9 euros per sq.m,
  • Zografou 10.96 euros per sq.m.,
  • Byron 11.18 euros per sq.m.,
  • Tailor Resource 11.21 euros per sqm,
  • Ilioupoli 11.24 euros per sqm,
  • Nea Smyrni 11.43 euros per sqm and
  • Holargos 11.48 euros per sq.m.

The highest values ​​are formed in:

  • Bullet 16.56 euros per sq.m.,
  • Weights 14.67 euros per sq.m
  • Glyfada 13.69 euros per square meter,
  • Greek 13.48 euros per square meter,
  • Kifissia 13.45 euros per square meter,
  • Salty 13.26 euros per sq.m,
  • Bees 12.9 euros per sq.m
  • Maroussi 12.63 euros per sq.m.
  • Chalandri 12.63 euros per sq.m.
  • Palaio Faliro 12.23 euros per sq.m,
  • Vrilissia 12.15 euros per sq.m,
  • New Eritrea 12.14 euros per sq.m,
  • St. Friday 12.07 euros per square meter,
  • Saronida 11.82 euros per sq.m.
  • Dafni Attica 11.68 euros per sq.m.,
  • Caesariani 11.6 euros per square meter and
  • Argyroupoli 11.56 euros per. Dept.

Thessaloniki-Patra-Heraklion: Significant rent increases

In Thessaloniki, the average rental price for apartments up to 60 m2 amounts to 9.46 euros per m2 in the first half of 2024, showing an increase of 6.7% compared to the corresponding period last year. In Patras the average rental price is 9.14 euros per sq.m showing an increase of 13.1% and in Heraklion Crete 9.85 euros per sq.m showing an increase of 10.5%

Buying a property – Big price increases compared to last year in all areas – Over 50,000 euros for a 30 sq.m. studio

The lowest prices for buying an apartment up to 80 sq.m in the wider area of ​​the capital start in Acharnes from 1710 euros per sq.m., marking an increase of 10.30% compared to last year. For example, for a 30 sq.m. studio, an average purchase price is 51,300 euros.

Prices reach up to 5,507 euros per sq.m in Voula, which means that for a 30 sq.m. studio, the market reaches 165,150 euros.

The prices according to the XE database (https://www.xe.gr/) which includes thousands of properties are (from highest to lowest):

  • Voula 5507 euros per sq.m (+6.80%),
  • Greek 5110 euros per sq.m (+47.10%),
  • Glyfada 4546 euros per sqm (+12.20%),
  • Weights 4390 euros per sq.m (+3.30%),
  • Alimos 4131 euros per sq.m (+7.90%),
  • Vrilissia 3961 euros per sq.m (+25.60%),
  • Argyroupoli 3604 euros per sq.m (33.10%),
  • Old Faliro 3576 euros per sq.m (+5.50%),
  • Kifissia 3509 euros per sq.m (+6.50%),
  • Muscat 3389 (+15%),
  • St. Friday 3356 euros per sq.m (+4.80%),
  • New Eritrea 3334 euros per sq.m (+8.50%),
  • Saronida 3309 euros per sq.m (+20%),
  • Bees 3305 euros per sq.m (+12%),
  • Chalandri 3269 euros per sq.m (+7%),
  • Marousi 3235 euros per sqm (+7.30%)
  • Gerakas 3214 euros per sq.m (+5.40%),
  • Kalivia Thorikou 3127 euros per sq.m. (+4.40%),
  • Porto Rafti 2999 euros per sq.m (+12%),
  • Piraeus 2910 euros per sq.m (+44.9%),
  • Cholargos 2905 euros per sq.m (+1.80%),
  • St. Dimitrios Attica 2900 euros per sqm (12%).

Here are the areas:

  • Ilioupoli 2861 euros per sqm,
  • Nea Smyrni 2841 euros per sqm,
  • Pallini 2834 euros per sqm,
  • Dafni Attica 2825 euros per sqm,
  • Heraklion, Attica 2724 euros per sqm,
  • Kallithea 2689 euros per sqm,
  • Caesariani 2661 euros per sqm,
  • Byron 2503 euros per sqm,
  • Zografou 2474 euros per sqm,
  • Transformation 2454 euros per sqm,
  • Nea Ionia 2452 euros per sqm,
  • Koropi 2283 euros per sqm,
  • Galatsi 2262 euros per sqm,
  • Petroupoli 2209 euros per sqm,
  • I am asking 2159 euros per sqm,
  • Chaidari 2150, euro per sqm,
  • Million 2112 euros per sqm,
  • Peristeri 2093 euros per sq.m
  • Keratsini 1982 euros per sqm,
  • Nice 1926 euros per sq.m
  • Artemis 1913 euros per sqm,
  • Korydallos 1894 euros per sqm (29.80% increase)
  • Acharnes 1710 euros per sqm

At Thessaloniki, the average selling price for apartments up to 80 m2, is 2381 euros per m2, showing a 10% increase compared to last year. In Patras the average selling price is 1615 euros per sq.m (increase of 28.30%_ and in HERACLION, Crete to 2076 euros per sq.m showing an increase of 7.40%

Recommendations for parents and students

POMIDA gives some basic advice to new students and parents on its website. Addressing young students and parents, she recommends:

– Do not panic. You don’t have to rent a residence from the first moment, nor do classes start the day after the results are announced.

– Do not look for a house outside the University gate, (a common mistake of parents). A few streets or a few stops down, there are many houses waiting for you, discover them.

– Organize your search and don’t rush to settle on the first one you see, but immediately close the first one that appeals to you.

– If they ask you for a rent that exceeds your finances, do not accept it, because you will definitely find what you are asking for a little further.

– There is no limitation either in terms of the amount of the guarantee, nor in terms of the number of pre-paid rents.

– Organize your roommate with other students you know, in two-room, three-room and generally large apartments, which are always rented much cheaper than smaller ones. The student rent allowance for cohabitation is much higher than the simple allowance.

– Carefully and unhurriedly check the house you found and its condition. If it is night, you are asked to see it in daylight as well.

– Fill out and sign a lease document, both you and your interested parent, but be careful, never pay rent or advance payments unless you are sure that the person asking you is actually the owner of the house you are renting.

– Away from the so-called “information agencies” who promise that if you pay them an amount in advance, they will immediately find you the house you want. Most of the time their “information” is outdated and worthless.

– Go only to official real estate agencies, in which you do not pay any amount in advance, except when you sign a lease and take delivery of the house.