Should i Rent or sell my house

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Landlords

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Registered Users

Posts: 151 ✭✭ 06-04-2023 5:24am edited 5:31AM

Hi.

Im a home owner -( no mortgage ).. Im moving to Spain and id like to rent my house.. Is this a bad idea in the current housing market ? Would it be better to sell ?

Id like to rent if possible but id be concerned if i did tenents wouldn't leave if i wanted to return in a couple of years .

Im just concerned i could be walking into lot of trouble if i rented out my house in the housing crisis as it is ?..

Any info be appreciated.

Thanks.

• 
  

StevenToast

Sell Sell Sell

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Renting is that bad of an idea huh ?

StevenToast

https://www.boards.ie/discussion/comment/120446441#Comment_120446441

Yes

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Why ?

victor8600

https://www.boards.ie/discussion/comment/120448889#Comment_120448889

You have to pay taxes (some people think that this is unfair). If you get a bad tenant, you could be without the rent for many months and then face a clean up bill after they leave.

elperello

Have you considered the extra cost of getting someone to look after the tenancy while you are in Spain ?

mistress_gi

I think it really depends where it is and how you will manage it. I'm in the market for a rental in Waterford.

So, if by chance it's around that area please send me a PM?

"Id like to rent if possible but id be concerned if i did tenents wouldn't leave if i wanted to return in a couple of years".

You answered your own question.

Sell it, because the way things are going, you might not get the house back when you want it, anyway. Not without a battle.

Many threads like this in the Accommodation and Property forum.

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Its in North Dublin