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As the summer draws to a close, a wave of excitement and anticipation sweeps through Galway city. Thousands of students, fresh from the exhilaration of receiving their exam results, are eagerly preparing to embark on the next chapter of their academic journeys. Many have just received offers to attend one of Galway's prestigious institutions, such as the University of Galway (UG) or Atlantic Technological University (ATU). This milestone, filled with the promise of new friendships, intellectual growth, and unforgettable experiences, is unfortunately often overshadowed by the immediate and pressing concern of finding a place to live.

Responding to the latest Daft.ie Rental Report for Q4 2023, IPAV, the Institute of Professional Auctioneers & Valuers, said that the decline in rental inflation in Dublin is evidence that the primary driver of achieving stabilisation of prices or greater affordability into the future was supply.

O’Donnellan & Joyce's rental department had an outstanding year last year. The volume of rental stock increased by 25 per cent. While traditional landlords with rent-capped properties have been exiting the rental market, we have seen a substantial uptake of new investors into the market looking to avoid savings depreciation through inflation.

O’Donnellan & Joyce's rental department had an outstanding year. The volume of rental stock increased by 40 per cent. While some landlords are exiting the rental market, there has been good activity with investors looking to avoid savings depreciating through inflation.

O’Donnellan and Joyce witnessed a lot of inquiries for every property brought to the rental market. This of course varied on price range but rents overall were stronger than 2020. By Q2 2021 the market was back in full swing with a huge demand for properties and high prices being achievable. Where no restrictions applied, the rents exceeded previous prices achievable. This shows the pent up demand there was and the need for accommodation.

Let West Coast Property Management take the hassle out of managing your rental property and do the heavy lifting for you. West Coast Property Management is a family-owned and operated business with years of experience in the housing and apartment rental market in Galway city and county.

O’Donnellan & Joyce auctioneers and Grant Thornton recently held a public conference in Harbour Hotel for anyone interested in investment properties and self-administered pensions. The John B Keane room was packed to capacity with 152 attendees.