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County areas designated as rent pressure zones

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County areas designated as rent pressure zones

Galway Bay fm newsroom - Athenry/Oranmore and Gort/Kinvara have been designated as rent pressure zones.

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With effect from today, rents cannot be increased in these areas and 17 others nationwide by more than 4 per cent per year.

This applies to new and existing tenancies.

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The Residential Tenancies Act 2019 has also extended all existing Rent Pressure Zones such as Galway city, until 31st December 2021.

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Nationally, the RTB Q1 2019 Rent Index shows the national standardised average rent is €1,169 per month.

In Galway city, the standardised average rents stood at €1,093 for Q1 2019.

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