Irish Population Growth Outpaces New Home Delivery by Nearly 4 to 1
A recent market analysis examines Ireland in an international context, comparing it with eight other advanced Western nations across key housing market metrics including population, housing supply, house prices, rents, and affordability. While countries worldwide are grappling with housing shortages, new data demonstrates the extent to which Ireland stands out in the severity of its […]
Ireland’s €160m Landlord Tax Breaks
As a leading property management firm in Ireland, KPM Group has been at the forefront of the rental sector for nearly 25 years. Recent developments in landlord tax breaks and market trends have caught our attention, and we believe it’s crucial to examine these changes through the lens of experienced property managers. Are Tax Breaks […]
New Law Allows Tenants First Refusal on Sale of Property
The Irish government has approved new legislation that grants tenants the right of first refusal when their rented home is put up for sale. This significant change in property law aims to provide more security for tenants and potentially increase homeownership opportunities. What is the New Law? The Residential Tenancies (Amendment) (No.3) Bill 2024 introduces […]
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 […]
The Importance of Verifying Tenant Income
Mitigating Risks through Income Verification As a landlord, one of the most critical steps to mitigate risk is confirming a prospective tenant’s ability to pay rent. Before signing a lease, it’s essential to require solid proof of income. This helps minimise the likelihood of missed payments or an early lease termination due to financial hardship […]
Why Is Now a Great Time to Buy an Investment Property in Ireland?
Ireland’s property market fundamentals are creating compelling opportunities for investors in rental accommodation, despite rising mortgage rates. Rapid population growth combined with an inadequate housing supply continues driving rents significantly higher across the country’s major cities. With strategic property selection and professional management, rental yields of 8-10% or higher are achievable – providing strong inflation-beating […]
How Property Managers Help Landlords Achieve Success
Being a landlord is no easy feat. From finding reliable tenants to handling maintenance issues, the responsibilities can quickly become overwhelming. That’s where professional property managers come in. At KPM Group, we understand the challenges landlords face, and our experienced team is dedicated to providing comprehensive solutions that alleviate the stress of property management. Tenant […]
Should I Sell or Rent My Property?
One of the biggest decisions you’ll face as a property owner in Ireland is whether to sell or rent out your residential or commercial space. Both options have their own advantages and challenges, and the right choice depends on your specific circumstances and long-term goals. In this article, we’ll explore the key factors to consider […]
How to Avoid Problem Tenants: A Landlord’s Guide
Being a landlord can be a rewarding venture, but it also comes with its fair share of challenges – one of which is dealing with problem tenants. From late rent payments to property damage, problem tenants can cause significant headaches and financial losses. To help you navigate this minefield, we’ve compiled a list of practical […]
Top Neighborhoods in Ireland for Profitable Rental Investment
Investing in rental real estate can be a lucrative way to build wealth, but choosing the right location is crucial. Ireland’s major cities like Dublin, Cork, and Galway offer plenty of appealing neighbourhoods for property investors to consider. Here are some of the top areas offering high rental prices, strong tenant demand, and potential for […]