Analysis of Market Rental Property Selected Fragment in Krakow Premises in Terms Sector Student

Abstract

Krakow is considered to be one of the top academic centres in Poland. In the local universities nearly 200 thousand students acquire knowledge. Only a few of them are permanent inhabitants of Krakow. For this reason, also, annually the market of apartments rent in the capital city of Małopolska in the period of holiday observes fluctuations of prices. At the same time students (or their parents) prefer the proximity of the chosen academic centre or the communication accessibility over the standards of the premises. This allows to sustain the prices of rent of apartments in this neighbourhood and constitutes a stable source of income for real estate owners that could not be attractive for the remaining social groups. For the purpose of supplying information concerning the apartments preferred by the students a study was conducted, in which questions were asked to individuals who now or in recent years rented an apartment in Krakow and they are or have been students of the AGH University of Science and Technology. The post was chosen because of the compact structure of educational institutions, proximity attractive zones, and thus expensive, and the ease of obtaining information from respondents as a result of the conducted studies it is possible to consider that among the surveyed most often rent contracts were concluded for apartments with two rooms nearby, or with a good connection to the universities. It was also noticed that the most important factor having impact on the average price for the rent is the location, in the particular urban units of the city of Krakow it differs from the average by a few hundred PLN. Another, relatively obvious criterion determining the height of the rate is the technical condition and furnishing standard of the apartment. The terms on which the rent of the apartment is profitable for its owner were verified. Finally, it was noticed that the benefits arising from the rent of the premises to students are disproportionate for different parties. The information obtained by means of the conducted studies and completed analyses is helpful both for people willing, in the future, to take advantage of the benefits from leasing an apartment, as well as for thousands of students who each year are struggling against the fundamental choice of the place where they will spend the nearest months or years.