Advertiser.ie – Student accommodation an attractive investment – Galway Advertiser

Originally purpose built student accommodation (PBSA ) was built as tax incentives for purchasers in the early 2000s. The allowances lasted for 10 years and have long since lapsed. We have seen a large volume of these individual properties sold over the last number of years, bringing a different demographic of landlord to the market. With constant changes to landlord and tenant legislation these properties are attractive to landlords who want a hands off investment with a competitive return. These sites are well managed and offer students a secure and comfortable home away from home to live in throughout the college year. All sites have a manned office for the management company and security at night.

Sales prices for these properties continue to rise from a low base in 2012 and still provide attractive returns with net yields (after all costs involved, eg, service charge and letting fees ) in

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