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Average monthly rental premiums within County Westmeath were on average 4.9 percent higher in the third quarter of 2020 than a year previously, with the average charge for renting a residential property now €1,048, up 99 percent from its lowest point, according to the latest Daft.ie Housing Market Report which was released in recent times.
Retail Excellence has written to Damien English, the Minister of State for Employment Affairs and Retail, requesting the Government to step in and offer support for retailers who are struggling to pay commercial rents.
Average monthly rental premiums increased by an average of 1.2 percent in the year to July, with the average charge for renting a three bedroom property in County Westmeath now €965, according to the latest Daft.ie Housing Market Report which was released in recent times.
Responding to the most recent Daft housing market report, the IPOA noted that the number of properties now available for rent was to be expected.
Emergency rent supplement, rent reductions and rent waivers must now be firmly on the Government’s agenda as Minister Eoghan Murphy introduces emergency legislation this week.
The extension of the rent pressure zones (RPZ), while welcome for tenants in the area, is a sign of the Government’s failing housing policy in Galway, according to a Galway-East TD.
Average monthly rents in Galway city have escalated to €1,260 a month, according to the latest Daft.ie report. Despite this being below the national average of €1,366, it is still an 11.4 per cent increase over the last year.
Take the hassle out of managing your rental property by letting West Coast Property Management do the heavy lifting for you.
According to the latest Rent Index from the Residential Tenancies Board (RTB), in the October-December period (quarter four) of 2018, the standardised national average rent of tenancies in Mayo was €623 - up from €577 (+€46) one year earlier - and down €9 on the previous quarter (quarter three 2018).
Did you acquire a residential investment property that was vacant for a period of at least 12 months before it was first let? You may be able to claim a tax deduction for pre-letting expenses against rental income in the first year.