Is it profitable to invest in a studio in Liege?

Yes, a studio in Liege is one of the more profitable small investments in Wallonia. Studios priced around 90,000 to 130,000 euros let at roughly 450 to 550 euros a month (ULiege campus, 2025), giving gross yields near 5% to 6%, supported by deep student demand.

Studios in Liege work because rent per square metre is highest at the small end of the market and demand is exceptionally deep. ULiege enrolled more than 26,000 students, up almost 7% at the 2024 intake (RTBF, 2024), and the city offers over 7,000 kots (ULiege campus, 2025), so a well-placed studio near the centre, the Guillemins station or the university axis rarely sits empty for long.

On the numbers, ULiege campus guidance puts studios at 450 to 550 euros a month (ULiege, 2025). Bought at 90,000 to 130,000 euros, a studio therefore returns roughly 5% to 6% gross, ahead of the 4% to 5% typical of larger Liege apartments. Student rooms (kots) at 400 to 600 euros can yield even more, though they demand more hands-on management.

The trade-offs are real. Studios see faster tenant turnover, especially student lets tied to the academic year, which raises re-letting effort and short rental vacancy gaps between tenants. Furnishing lifts the rent but adds wear and replacement costs, and co-ownership charges weigh proportionally more on a small unit.

The counter-intuitive risk: a studio’s strength, its low price, is also a concentration risk. With a single tenant, one month empty is a full month of lost rent, so the effective yield is more volatile than a multi-unit house. Spreading capital across two studios, or choosing a building with strong year-round demand rather than pure student turnover, smooths the return.

At a glance