Location puts property in a different class

WITH the tide at low ebb for residential rental properties, with rents dropping and tenants in short supply and able to pick and choose, the location of investment properties is about to take centre stage in urban areas.

There’s been a dramatic turn in the rental sector in the last year since investors came flocking back to the Irish market, encouraged by banks willingness to lend.

Supply has now clearly out-paced demand, and investors with places to let a bit off the main and most accessible urban routes are finding tenants hard to find and to hold.