News Local Rent for student housing skyrockets in Cyprus

Rent for student housing skyrockets in Cyprus

As the start of the new academic year approaches, many students face an uphill task in finding accommodation because of increased demand for a restricted number of apartments near to universities both in Nicosia and Limassol and spiraling rents

According to Phileleftheros newspaper, rents for flats close to the universities are soaring, as indicated by several real estate sites. The prices are slightly lower in Makedonitissa (close to University of Nicosia), with Aglantzia to follow, with the rent for a new, one bedroom apartment being approximately at €500, €800 for a two bedroom and up to €1,000 for a three bedroom. Prices differ for older flats, with the rent for a single bedroom unit reaching €400, €550 for a double and €700 for a three-bedroom apartment.

Factors such as building’s age, design, construction and size of the facilities and equipment of the property determine, to a large part, the prices.

 

 

Top Stories

128 new cases, three deaths announced on Wednesday

The Health Ministry announced the death of three persons due to COVID-19. This raises the death toll from the virus in Cyprus to 193,...

Where to get antigen rapid tests during period 28-31 January

The Health Ministry announced the following antigen rapid test sites during the period 28-31 January 2021: LIMASSOL Church of Agios Ioannis Eleimon, Limassol 08:30-18:30 Cultural Center Mesa...

Israel, Denmark to vaccinate all athletes for Tokyo Olympic Games

Several countries, including Israel and Denmark, said on Wednesday they would vaccinate their athletes and staff against COVID-19 ahead of the Tokyo Olympics, amid...

UK AstraZeneca vaccine plant partially evacuated over suspect package

A factory in Wales that produces AstraZeneca's COVID-19 vaccine was partially evacuated on Wednesday after it received a suspicious package and police said a...

43-year-old arrested for speeding

Members of the Police arrested this morning a 43-year-old man who was seen speeding at the Nicosia-Larnaca road near Koshi village. The man was stopped...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...