Hi! Niconeted, yes I think I will rent the one room to a speech therapist - maybe she will know other therapists who might rent one of the other rooms. I don't think I can go through the stress of tenants again with so little return. I calculated that I would see a max of about e800 euros per month after tax, non-deductible expenses etc. It's just not worth it then to be worrying about tenants that might default on the place, or that may wreck it costing thousands in fixing it up. If even the PRTB was more helpful to Landlords, I might consider letting it out, but it isn't
Newirishman - e2300 is the going rate for 3 beds in my area. Just two weeks ago, a 3 bed let in the same estate, which was about 200q feet smaller than mine, for e2200 to a family, yet I don't know how many families could sustain this rent. Unfortunately, with the new rules, and Landlords only being able to increase the rent by 4 per cent per year in pressure zones, this has meant that Landlords are seeking the maximum rent. Also, if they are selling on an investment property to an investor, the property that has previously had the highest rent is the one that will get the highest price from an investor, so it is in their interest to maximise the rent. Basically, the new rules have shot themselves in the foot, and will likely cut supply even further, as Landlords who previously rented below market rent to keep nice tenants would not do that anymore, and people like me who feel really uneasy about the lack of rights or recompense for landlords, together with the high tax burden, will just leave their houses empty, though I hear one of the smaller political parties has asked the government to consider compelling people to let empty properties - hopefully that won't come in before my house increases in value by another 80k - by which time it will be what I paid for it, and I will gladly sell it.
Elaine.