Is investing in a student home in Ottignies worthwhile? With 12,000 students and high demand, the answer is often yes — provided you choose the right property and platform.
Estimated yield of a student home in Ottignies
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 Ottignies
- Potential capital gain: a tight market = regular value appreciation
These figures are indicative. Consult a wealth advisor.
Student rental market in Ottignies
Rent range: €800/month. Most sought-after neighborhoods:
- Centre
- Limelette
- Mousty
Manage your student home in Ottignies 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 Ottignies
How do I set the rent for my student home in Ottignies?
Compare similar listings on KotNow in your neighborhood. Factor in furnishings, utilities, proximity to campus and demand (high) in Ottignies.
What rental deposit can I ask for in Ottignies?
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 Ottignies?
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 Ottignies?
On KotNow the average time to rent in Ottignies is 8 days (market: high). Post early — ideally 2 to 3 months before the academic year.