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The average rent for all dwellings in the private rented sector in Westmeath in the second quarter of 2016, which were registered with the Residential Tenancies Board (RTB), was €608.
The latest Daft.ie rent report has concluded that rents in Mayo have risen by 3.4 per cent year on year and the average rent in the county is now €568 per month, up by 10 per cent from their lowest point since the property website has been carrying out this survey.
Landlords in Galway are at the centre of a raging housing crisis, which has seen the city's housing market thrown into disarray.
Rents in Westmeath were 12.7 per cent higher in Westmeath in the second quarter of 2016, according to the latest quarterly Rental Report by Daft.ie.
Winters Property will hold an open landlord information event on July 11 at 7pm in the Menlo Park Hotel. The event is titled “Being a Landlord in 2016” and Winters is inviting all landlords to attend this free event.
Properties within walking distance of NUIG and UHG will always enjoy high levels of demand from a rental perspective, and this will always add to their appeal to investors. This six bedroom terraced house located on the Upper Newcastle Road is no exception and is ideally located within a stone’s throw of the NUIG campus.
The homeless and housing charity, Peter McVerry Trust, has called for legislation to be brought forward to address spiralling rents.
Over the last 12 months, rent in Monivea has skyrocketed by almost 60 per cent. In early 2015, average monthly rent in the area was €568, but the last year has seen a 57 per cent increase, with prices now peaking at more than €894 per month.
The latest quarterly rental report by property website Daft.ie has reported that rents in Mayo have risen by 3.6 per cent in the first three months of the year compared to the rents that were being paid in the first three months of 2015. Nationally rents have risen by two per cent compared to the same three month period of last year.
Bill Griffin, CEO of Galway Simon Community, has described the 12.7 per cent rise in rents in Galway city as part of a perfect storm affecting people on social welfare who wish to rent property.