×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
07
Feb 2026
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

50-year-old “box” homes for €500 rent for students

Athens, Thessaloniki, Patras and Crete record prices - Rents starting from 400 euros and studios that exceed 50 years of life - On the table the proposal for digital student housing platform - Obligations and advice from POMIDA

Newsroom August 29 08:46

With housing anxiety peaking, thousands of students and parents face a harsh reality: available homes are few, old, and extremely expensive. Many landlords’ inability to renovate and make properties functional, combined with the explosive growth of short-term rentals, has drastically reduced availability. For reasons such as building aging, high taxation on rental income, damages, or debts left by previous tenants, the number of homes available for rent has fallen even further, turning the search for student housing into a real “treasure hunt.”

The rent spike is striking: in Zografou, prices reach €12 per sq.m. (around €500 for 40 sq.m.), in Patras costs reach €410, in Heraklion €360, in Komotini €375, while in Thessaloniki they exceed €480. At the same time, most studios are small and old, with median sizes ranging from 38 to 48 sq.m. and ages in cities like Thessaloniki and Athens exceeding fifty years. The few renovations carried out almost always come with significant rent hikes.

>Related articles

AHI President highlights U.S.–Greece relations and hosts key Hellenic leaders in Washington

The dethroning of Bitcoin: Prices in free fall as Trump-driven euphoria expires

Thriller session on the Stock Exchange: Second consecutive decline, but weekly gains held

Within this landscape, POMIDA has submitted to the Ministry of Education a proposal for the creation of a digital platform for student housing supply and demand, to operate either through universities or centrally via Gov.gr. There, landlords and brokers would be able to list available homes in time, giving families immediate and transparent access. The federation stresses that the absence of such a mechanism is a Greek peculiarity, as in other European countries universities play an active role in housing their students.

However, even when a house is found, a second round of hassle begins — this time with paperwork and tax obligations. Lease agreements are drawn up and submitted exclusively online through Taxisnet. The landlord registers the lease details — tenants’ Tax ID numbers, rent amount, duration, property registration number, electricity supply number, and Energy Performance Certificate — while the tenant (student or parent) must electronically accept the declaration. Without this acceptance, the lease is not considered valid. Issuing an Energy Performance Certificate is also mandatory and must be recorded in the relevant fields.

POMIDA also reminds parents and students of several key recommendations: not to panic or rush into renting the first available property, to search for homes a little farther from universities, to organize their search and quickly secure the property that suits them — but without accepting rent beyond their budget. It stresses that there is no legal cap on guarantees or advance payments, that flat-sharing can reduce costs and increase allowances, and that every home should be inspected carefully, preferably in daylight. A crucial point is signing an official lease before making any payment, while it also advises against unofficial “information offices” demanding deposits, recommending cooperation only with licensed real estate agencies, with fees paid after the contract is signed.

Ask me anything

Explore related questions

#economy#greece#students
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Thessaloniki’s Flyover: Greece’s largest bridge project nears completion, set to revolutionize urban mobility

February 7, 2026

What kind of tourism do we want – Experts from around the world speak out: “Stop issuing permits that will turn Greece into Costa del Sol

February 7, 2026

Vinyl records make a comeback: Record stores return as an aesthetic choice, not just nostalgia

February 7, 2026

Winter Olympics: As a tribute to Giorgio Armani, Mariah Carey rocked San Siro

February 7, 2026

Weather: Spring in winter with temperatures up to 22 degrees at the weekend

February 7, 2026

Boos for Israel and JD Vance at Winter Olympics Opening Ceremony

February 7, 2026

Ministry of Finance: Six privatisations and five tax cuts in focus for 2026

February 7, 2026

US Ambassador begins tours across Greece: From Zappeion to Washington, the vertical corridor

February 7, 2026
All News

> World

Boos for Israel and JD Vance at Winter Olympics Opening Ceremony

The Israeli delegation entered the stadium amid strong boos from parts of the crowd during the Opening Ceremony of the 2026 Milan-Cortina Winter Olympics on Friday evening (February 6). The event highlighted the heavy geopolitical shadow cast over the Games

February 7, 2026

The Commission targets TikTok for its addictive design that harms children

February 6, 2026

“True friend, fighter & winner”: Trump openly supports Orban ahead of the Hungarian elections

February 6, 2026

The WSJ on the negotiations in Oman: Iran rejects the US demand to halt uranium enrichment

February 6, 2026

What qualities does a good astronaut have for the mission to the Moon? The requirements of NASA

February 6, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα