Private rental sector PRS is Prevalent, Relevant, Strong, says John Moran. The Private Rented Sector (PRS) has had a record year in the investment market. A term that didn’t exist in Ireland a number of years ago, it is now at the forefront of most investor portfolio strategies. What exactly is it? It is basically
More landlords will be forced out of the rental market if the government continues to impose restrictions on the sector, a lobby group has said. The Irish Property Owners’ Association (IPOA) was responding to concerns from the Residential Tenancies Board that there has been a sharp decline in the number of properties available for rent.
The cost of rent in Galway has climbed a position in the national rankings, passing Cork to become the second highest in Ireland. The average cost of rent in Galway city was €1,187 per month in the third quarter of this year according to the latest report from the Residential Tenancies Board. This is second
The cost of renting a home in Ireland continued to rise between July and September, according to new data from the Residential Tenancies Board (RTB) and the Economic and Social Research Institute. But although rents reached another record high, the rate of that increase is slower than before, the board’s latest Rent Index shows. Amid continuing
Image: Shutterstock/abd Image: Shutterstock/abd CABINET IS SET to approve long-awaited legislation today which will slap sanctions on landlords of up to €30,000 if they breach rent caps. In addition, the new rules will mean notice periods given to tenants by landlords will be extended. The proposed new regulations could see a landlord in breach of Rent
Private landlords who are found illegally increasing their rents above pressure zone limits are to face fines and costs of up to €30,000, under plans being considered by the Cabinet today. The Irish Examiner has confirmed that Housing Minister Eoghan Murphy will seek ministerial approval to provide powers to the Residential Tenancies Board to investigate
To print this article, all you need is to be registered or login on Mondaq.com. 1 REAL ESTATE LAW 1.1 Please briefly describe the main laws that govern real estate in your jurisdiction. Laws relating to leases of business premises should be listed in response to question 10.1. Those relating to zoning and environmental should