NewsLocalHigh prices force Nicosia students to rent out in capital's breakaway sector

High prices force Nicosia students to rent out in capital’s breakaway sector

University students both in Nicosia and Limassol are confronted with unprecedently high rents making it impossible for them to bear the costs.

The problem is so big that students in Nicosia go as far as to rent studios and one-bedroom apartments in the breakaway Turkish-held sector of the capital where rents are much lower. Mainly in the occupied area of the suburb of Ayios Dometios which is right on the green line, Philenews reports.

Rents there start from €250 compared to €500-€700 in the free areas, it added.

However, the real problem is in coastal Limassol where one-bedroom apartments range between €800-€1,200 monthly and two-bedroom go from €1,300 and above. As for studios in Limassol, these are as expensive as €600 monthly, excluding electricity and water bills.

Representative of Limassol’s Technical University (TEPAK) students, Victor Christofides, said that  many students have either quit their studies or did not even bother to enroll in the new academic year because of the rent issue.

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