5 Top Landlord Tips to Reduce Tenant Energy Usage
As a landlord, one of your primary responsibilities is to ensure that your rental properties are energy-efficient and cost-effective for your tenants. With rising energy costs and an increasing emphasis on sustainability, implementing strategies to reduce energy usage not only benefits your tenants financially but also contributes to a greener environment. In this article, we’ll […]
What Does the Interim Remediation Scheme Mean to Landlords?
In the wake of concerns regarding fire safety, structural integrity, and water ingress defects in apartments and duplexes constructed between 1991 and 2013, the Irish government has announced plans to address these issues through proposed legislation. This legislation aims to establish an Apartment and Duplex Defects Remediation Scheme, emphasising the safety and welfare of residents […]
5 Ways A Property Management Company Saves You Time And Money
As a landlord in Ireland, managing rental properties can be a daunting task. From finding reliable tenants to handling maintenance issues and ensuring legal compliance, the responsibilities can quickly become overwhelming. That’s where hiring a professional property management company can be a game-changer. Here are some key benefits of enlisting the services of a property […]
Long-Term vs Short-Term Leases: The Pros and Cons for Irish Landlords
For landlords in Ireland, deciding whether to offer long-term or short-term rental leases requires weighing several factors. Both options have distinct advantages and disadvantages that should be carefully considered. Let’s explore the key pros and cons of each. The Advantages of Short-Term Rentals Higher Rental Income Potential Data indicates that short-term rentals like Airbnb can […]
Why Requiring Proof of Income from Tenants is Critical for Landlords
Renting property can be a risky business if landlords do not take the proper precautions. An essential step that should never be overlooked is requiring solid proof of income from prospective tenants before signing a lease. This helps minimize the chances of tenants defaulting on rent payments or having to break the lease early due […]
Average Rents Rise 7% Nationally But Stabilise In Dublin
Average rents across Ireland increased by 6.8% in 2023 to reach €1,850 per month, according to the latest report from property website Daft.ie. While substantial, this rise represents a slowdown compared to the previous years, when rents increased by 13.7% in 2022 and 10.3% in 2021. Stabilisation in the Capital The reducing rate of rental […]
How can a landlord ensure a rental property is adequately ventilated in 2024?
According to a recent survey by the Irish Times, mould continues to be one of the top 5 costly problems landlords face in 2024. Poor ventilation leading to excess moisture is a major contributing factor. As technology advances, landlords now have more options to ensure their rental properties are properly ventilated. Ventilation Laws Housing regulations […]
What Taxes Do Irish Landlords Pay?
Being a landlord in Ireland comes with several tax obligations. From income tax to property taxes, landlords need to understand what they are required to pay and how to remain compliant. This guide will break down the key taxes for Irish landlords. Rental Income Tax in Ireland The main tax landlords pay is income tax […]
Property Manager vs Letting Agent – Which is Better for Irish Landlords?
Deciding between a property manager and a letting agent is an important choice for landlords in Ireland. Both provide valuable services, but there are some key differences to consider. Responsibilities of Property Managers and Letting Agents A property manager handles all aspects of renting the property including finding tenants, collecting rent, maintenance, repairs, legal compliance, […]
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 […]
