If I wanted to rent out the property when it is completed how much rent can I expect and can I still use it myself?

This has proven to be a very popular option with many of our clients as it provides an appreciating capital asset, which is predominantly paid for by someone else whilst also allowing you use of the property.

In short, the more use of the property you require, the less the rental yield will be. There are developments which are ideally suitable for this strategy and there are even developers that will give a guaranteed yield based on a sliding scale against how much annual use you require.

The following tables will give an idea as to the potential rental income from apartments at various times of year.

The figures quoted are for one week rental:-

Key to seasons

High - June, July, August and Easter

Mid - March, April, May, September and Christmas

Low - January Febuary, October, November and December

Standard Apartment

Bedrooms	Low Season	Mid Season	High Season
1	€150 P/W	€225 P/W	€350 P/W
2	€200 P/W	€300 P/W	€450 P/W
3	€250 P/W	€350 P/W	€600 P/W

Luxury Apartment

Bedrooms	Low Season	Mid Season	High Season
2	€250 - €275 P/W	€275 - €325 P/W	€400 - €750 P/W
3	€280 - €325 P/W	€325 - €375 P/W	€500 - €850 P/W

Long term letting

Rather than letting their investment Property as holiday accommodation, many investors prefer to let on a more long term basis for 6, or possibly 12 months at a time.

Rental income will vary depending on location but as an approximate guide a standard 2 bedroom apartment would yield €400 minimum per calendar month with a maximum in the region of €700, where as a luxury apartment would achieve €650 - £1200 pcm.

N.B. Please note that this information is to be used as a general guide only and must not be construed as a guarantee of rental income.

Next Page- How can I develop an investment portfolio of property with minimum capital outlay?

Page 15