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Rental application requirements

When am I eligible for a property?

To qualify for a rental property, your maximum rent is determined based on your gross monthly income. The general guideline is: gross monthly income divided by three = maximum rent. For example, with a gross income of €3,000, you may qualify for a property with a rent of up to €1,000 per month.

You must have sufficient income to be eligible. If you slightly fall short of the income requirement or don’t have a permanent contract with at least six months remaining, LIV Residential may accept a guarantor in some cases.

How your gross monthly income is calculated depends on your situation:

  • Employed: Your gross monthly income includes your salary and vacation pay but excludes bonuses or variable allowances. It is calculated based on the fixed hours in your contract. If you have a temporary contract, you must provide a statement from your employer indicating a contract extension of at least six months is expected.

  • Self-employed: Your gross monthly income is calculated by dividing the average net profit before taxes from the past two years by 24.

  • Retired: Your gross monthly income is calculated by adding 30% to your available monthly pension income.