Generally, applicants need to demonstrate that they can pay the rent by using no more than 40% of their net income.
For an example, if the rent is €1,550 per month then we would expect that the net income of the applicant(s) is €3,875 per month. This can be spread across the household, so if there are two persons sharing who have a total monthly net income (after tax) of €1,937 each. This is to ensure that applicants are able to meet the rent while still having enough income to cover the rest of life's expenses.
Please note this is a rule of thumb. There are many factors taken into account when making decisions on applications and other sources of income can also be taken into consideration, such as Housing Assistance Payment (HAP), Savings, Corporate housing allowances etc.
Meeting the income requirements does not guarantee an application will be successful. All applications are background and reference checked also.
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