Wanted: spare rooms as sharing economy soars

Rental agency Spotahome seeks rooms and apartments in Dublin amid growing demand

The average price of a room in a shared property on Spotahome  is €750 per month. Photograph: Getty

The average price of a room in a shared property on Spotahome is €750 per month. Photograph: Getty

 

If you’re thinking of renting a room to generate some extra income – and let’s face it, who hasn’t seen their spare bedroom in a new light since the arrival of Airbnb? – check out the online rental agency Spotahome.

Founded in 2014 and focused on the medium to long-term rental market, it has been operating in Ireland for the past two years but is struggling to keep up with the demand for properties.

“We continue to experience strong interest in Dublin for rooms and apartments from those looking to work, or study, in Ireland,” says Melissa Lyras of Spotahome.

Supply

“It is no secret that currently demand for beds far outweighs supply, especially in Dublin. We are looking for property owners or families with a spare room who would consider renting a room for one month up to 12 months, or more.”

More than 30 per cent of Spotahome tenants looking for accommodation are already living in Dublin; of those who have already booked with the agency, 18 per cent are Irish, 39 per cent French nationals, 15 per cent Spanish and 11 per cent German.

Each property is checked by a representative from the agency, which takes photos and creates HD video tours and detailed floor plans. The average price of a room in a shared property on the website is €750 per month.

spotahome.com