Good news for university students: affordable accommodations in Budapest!

The cooperation among ingatlan.com and two Budapest universities will help students find the most appropriate apartments to rent for an affordable price. 

It is not the first time that you can read DNH say: Come to Budapest to study! The Hungarian capital is among the world’s best cities to study and has been featured on the list for years. It is a large and vibrant capital; it is beautiful and affordable. And now, a semester or two might get even more appealing. 

Unfortunately, getting out of the coronavirus situation increased the housing prices in all of Hungary, naturally in Budapest, too. But if you are considering coming to study in the country, worry not, we have good news! The cooperation among ingatlan.com, a popular website to find properties to rent or buy, and two universities – ELTE and Corvinus University – will help you solve this problem.

Their partnership aims at helping those students who did not get into a dormitory find affordable accommodation that satisfies all their needs. 

In the past years, the increased renting fees made students’ lives more difficult in university cities. Average prices in 2020 were 45% higher than in 2015, told László Balogh, leading economic expert of ingatlan.com in a communique sent to Forbes.hu. 

The website has a database of almost 19,000 apartments and houses for rent in the whole country. From this base,

the company will offer students those places that comply with a list of criteria outlined by ELTE and Corvinus. 

The two universities will consider: 

• The minimum size of the living space
• A maximum rent fee per month per person
• The proximity to universities 
• A deposit price with a discount

Since the fourth wave of COVID might inevitably reach Hungary, moving out with flexible conditions provided by the owner or the landlord is a must, highlighted origo.hu.

Not only students but lessors are also entitled to a guarantee as part of the program. In case the apartment is not used or treated as it was intended to, a disciplinary procedure can be set into motion. 

Since the main aim is to help university students live in an appropriate place for a reasonable price, properties advertised on ingatlan.com can be featured free of charge in the university program if they comply with the criteria outlined by the institutions. 

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Source: forbes.hu, origo.hu