Is investing in a student home in Tournai worthwhile? With 8,000 students and strong demand, the answer is often yes — provided you choose the right property and platform.
Estimated yield of a student home in Tournai
For a property bought at ~€120,000 and rented at €550/month:
- Gross annual rent: ~€6600
- Indicative gross yield: ~5.5%
- Vacancy: often nil at the start of the academic year in Tournai
- Potential capital gain: a tight market = regular value appreciation
These figures are indicative. Consult a wealth advisor.
Student rental market in Tournai
Rent range: €800/month. Most sought-after neighborhoods:
- Centre
- Froyennes
- Orcq
- Kain
Manage your student home in Tournai with KotNow
Post for free, receive applications, sign your lease online. Landlord dashboard, property inventory, automatic rent receipts — all included.
Investor FAQ — Lease agreement in Tournai
How do I set the rent for my student home in Tournai?
Compare similar listings on KotNow in your neighborhood. Factor in furnishings, utilities, proximity to campus and demand (strong) in Tournai.
What rental deposit can I ask for in Tournai?
Belgian law caps the rental deposit at 2 months (blocked bank account) or 3 months (cash). You can also require a personal guarantor.
Which utilities can I pass on to the student in Tournai?
Recoverable charges include water, electricity for common areas, waste collection and maintenance. An all-inclusive flat fee is popular with students.
How long does it take to rent out a student home in Tournai?
On KotNow the average time to rent in Tournai is 8 days (market: strong). Post early — ideally 2 to 3 months before the academic year.