Irish Development land market hit record low in 2023
The Irish development land market hit a record low in 2023, with activity levels slumping over 50% compared to 2022. However, the final quarter saw an uplift in transactions, signalling a recovery may be underway in 2024. Why is development land so cheap? Several factors drove down the demand for development land in 2023. Rising […]
How much tax do I pay on rental income in Ireland?
Renting out property in Ireland can be a great way to generate additional income. However, as a landlord, you have important tax obligations that must be properly handled. Calculating how much tax you’ll owe on rental profits involves several considerations. Here’s what landlords need to know about paying tax on rental income in Ireland: What […]
Rents in Ireland Rise 100% Since 2010
Ireland has experienced one of the highest rental price increases in the EU since 2010, with rents jumping 100% over the last 14 years. In this article, we aim to provide insights & expertise to navigate these rising housing costs. Major Increase Outpaced Only by Baltics The 100% rent increase in Ireland is the third-highest […]
Top Tips for Landlords in 2024
As a property management company in Ireland, we know how challenging it can be to be a landlord in today’s market. With frequently changing regulations, rising costs, and demanding tenants, it’s crucial to stay on top of best practices to avoid hassles down the road. Here are our top tips for landlords in 2024: Understand […]
Average House Prices Forecast to Rise 3% in 2024
The Irish housing market delivered modest gains in 2023, with average prices rising just 1% in the final quarter. Although growth was slow at the end of 2023, we envisage a similar overall growth in 2024, with an estimated annual growth of 3%, there has never been a better time to buy property. Here’s an […]
Top Tips for Landlords This Christmas Season
The holiday season brings joy along with potential headaches for landlords managing rental properties. As a leading property management firm helping landlords navigate Christmas, KPM Group offers advice to keep your investments running smoothly. Verify Tenants’ Holiday Travel Plans ‘Tis the season for tenants to travel and head out for the holidays. Confirm your renters’ […]
Will 2024 Be A Good Year For Landlords?
As Ireland continues facing a severe housing shortage, many wonder if 2024 will bring relief for struggling landlords or if rising costs and taxes will further squeeze profits. As an elite property management firm catering to scores of landlords, KPM Group offers key insights on what investors can expect in the year ahead. New Tax […]
Landlord’s Guide: Preventing Break-ins This Christmas
The holiday season often sees an uptick in burglaries as homes fill up with gifts and occupants travel away. As a landlord, you can apply several practical measures to help protect your rental properties and tenants over the festive period. Avoid Advertising Vacancies Make sure rental vacancy listings or schedules are out of public view. […]
Do Property Managers in Ireland Need a Real Estate License? | Complete Guide
Property management continues growing as an in-demand field in Ireland’s real estate industry. With complex regulations and rising rents, more landlords look to professional services. Yet the licensing rules surrounding property management remain unclear to some. Do managers require a license to oversee landlords’ assets? Defining a Property Manager’s Role Property managers handle administrative and […]
Preparing Rental Properties for Energy Upgrades: A Cost-Benefit Analysis for Irish Landlords
With rising utility bills impacting tenant affordability alongside government targets to cut emissions from buildings, upgrading rental properties to enhance efficiency is becoming essential. However, determining the most effective improvements while balancing costs can be challenging. This article examines the expenditures and incentives associated with key upgrade types for rental properties in Ireland, assessing the […]
