What To Charge Renting To A Couple

elm1

I own a 3 bedroom house, but am moving in with my boyfriend soon. My plan was to rent out the two free rooms in my house, while keeping my own room as "owner occupied" in case I want to stay over there the odd time (to do work on the house or be closer to work if I have a particularly early start).

I was thinking of charging around €500 per room (is this reasonable in rural Co. Galway?).

I hadn't considered renting to a couple until my boyfriend mentioned that someone he knows and their partner are looking to rent in that direction. If I were to rent to them I would be happy to give them the larger of the two rooms and leave the other one vacant (I don't want more than 2 tenants) so they would have the house to themselves probably 95% of the time and I would only come over with advance warning. Would it be unreasonable to charge them €500 each for rent since they're sharing a room? In essence, they're renting a whole house to themselves. What would be the "done thing" in this situation?

...Ghost...

In the current climate, i'd be hesitant to rent out my property. Personally, I would hold a room for myself and rent the other 2 rooms out. Charge the going rate per room and if the couple want to pay for the 2 rooms for what is essentially the house to themselves, then they can choose to do that or not.

As the owner occupier, I would not put anything in the contract about giving advance notice of coming over. I would come and go as I please and have them not as tenants, but as paying lodgers. You don't know these people and even if you did, things can go south real fast and you could end up without a home if for example your relationship with your BF broke down. Think twice and then think again before renting in any fashion.

elm1

My plan is to keep my own bedroom and en suite for myself (locked when I'm not there).

Renting out rooms in your house that you occupy, as long as you're not earning more than €14,000 in a year doesn't require tax payments or a contract. So they would have no rights/agreement to live there for any length of time.

I said I would probably text before coming over out of curtesy, but I understand I am under no obligation to do that. Similarly, if I wanted them to leave I would do my best to give them some notice even though technically I don't have to.

My question was more about a reasonable asking price for rent. I feel like €500 would be the going rate per room, but I wasn't sure what figure to suggest they pay as a couple if I agree to not rent out the second room and almost give them the house to themselves.

14000/12 - 1166 per month. You'd be covering the bills.

KaneToad

So you'd be lying about your PPR to defraud the state. Good luck with that.

Or you could leave it empty so that there's one less property to house people in the state. A vulture fund will house them at treble the price and pay little or no tax on it. How's that for defrauding the state.