This should appeal to a lot of people.
Anyone who’s renting, especially in Dublin, will know that prices are on the rise and rent is getting a bit out of hand.
This is how we feel after trying to convince our landlord not to increase what we pay every month.
There might be a solution for a select number of people because of a new initiative by Camelot Property Management that sounds like a winner.
The company are seeking tenants for properties in some of the most sought-after areas in Dublin and other parts of the country, all at a bargain price.
They want people to take over vacant buildings in order to stop the building from falling into disrepair or being vandalised.
Competitive rent prices are offered to ‘guardians’ of the property with a five-bed house in Dublin 4, for example, at just €300.
Elsewhere, properties in Galway, Cork, Limerick and Waterford are being rented at €150 or under.
Their website explains how it works: “When you choose to become a Guardian, you do not pay rent. You pay the Camelot monthly management fees.
“These fees often include all utility bills, and are on average one third of the going market prices for similar size properties/rooms in that area.”
There is a catch though as the tenant is not given a guarantee for the length of time they will be allowed to stay in the property.
Time frames differ anywhere from a couple of months to a few years.
Hat-tip to Her.ie.
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