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Expat heading abroads: Before You Try Index Funds, Look at Your Spare Room
Practical notes before you choose
Use the quoted monthly price as a starting point, then judge the space by access, dryness and host responsiveness.
For storage, the practical test is not just floor area. Ask what fits through the entrance, how often you can visit, and whether the host has used the space for storage before. One useful rule: access and proximity often matter more than headline price — a smaller space near home usually beats a larger unit across town.
Before you commit, it is worth checking how the door locks, when you can collect, whether the route in has stairs or narrow turns, and what happens if you need something back mid-month — those details decide whether the space actually works for what you are storing. Expat heading abroad. You're posted overseas for a year or two but keeping the home, and the spare room and loft will sit untouched while you're gone. You want the place to earn quietly without a tenancy that complicates your return. That pressure is exactly why index funds keeps appearing in your feed. Run the honest comparison first — against the spare room you already have.
How index funds actually works
Index investing is excellent long-term practice, and still a capital game: it pays a return on money you already have, arriving as paper gains over years, with real drawdowns along the way. It does not turn an empty garage into monthly cash.
- Needs capital first; returns compound on what you put in
- Values swing — down years are part of the deal
- Gains are long-term and on paper until you sell
- Your empty space contributes nothing to it
We don't quote earnings figures for index funds, because returns vary too much by person and timing for a fair number. The mechanics are the part that is true for everyone.
What your spare room pays instead
The benchmark figure is real, not aspirational: €80/month (€960/year), rising to around €124/month for a secure, easy-access space. It is derived from the same methodology as every Packhood earnings page: the going storage rate scaled by the typical spare room benchmark. Empty, the space earns €0. Listing is account-first and takes about nine to fifteen minutes: create a free account, add photos, dimensions, access details and your monthly rate. You approve every renter before anything is confirmed, payment sits in escrow, payouts run weekly, and you keep 95% of the rate you set (5% commission; renters pay a separate 20% service fee). Verified damage by a verified renter is covered by the Host Guarantee of €300 per booking.
Side by side
| Index funds | Renting out your spare room | |
|---|---|---|
| Startup capital | Money to invest, left untouched for years | None; the space already exists |
| Time per week | None | Minutes once the listing is live |
| What's at risk | Market drawdowns test your patience | No capital at stake; verified damage covered by the Host Guarantee (€300/booking) |
| Who's in your home | No one in your home | Nobody lives there; renters drop off and collect by arrangement |
| How it pays | Varies by the mechanics above | Monthly rate you set; weekly payouts; you keep 95% |
The one-line version: your space pays monthly, not in a decade. It earns on its own schedule, and nothing about your money, your evenings or your home is on the table.
The tax line, honestly
Storage income is taxable in Ireland (Case IV/V — declared on Form 12; there is no tax-free band). The plain-language summary for your situation: tax on spare room storage income. Summary, not tax advice.
Frequently asked
Should a expat heading abroad try index funds or rent out the spare room? They solve the same problem with opposite mechanics. Index funds: money to invest, left untouched for years; none; market drawdowns test your patience. The spare room: no capital, minutes of admin once listed, and a benchmark €80/month. Many people do neither perfectly — but only one of the two starts from something you already own. How much can a expat heading abroad's spare room earn? The Irish benchmark is €80/month (€960/year), rising to about €124/month for a secure, accessible space. Empty, it earns €0. Is the income taxable? Storage income is taxable in Ireland (Case IV/V — declared on Form 12; there is no tax-free band). Every figure here is gross.
Start with the spare room you already have
Related pages
- The full Index funds comparison for Ireland
- Rent out your spare room in Ireland
- Instead of dropshipping
- Instead of crypto
- Instead of short-let hosting
_Comparison of category-level mechanics; alternative-side returns are deliberately not quoted. Storage figures are the Irish benchmark derivation used across Packhood._
Expat & Living Abroad
Moving abroad is exciting and terrifying in equal measure. One of the most stressful logistics questions is: what happens to your stuff? Shipping a full household internationally costs £3,000-£8,000 and takes 4-12 weeks. For a 1-2 year assignment, storing belongings in your home country and furnishing your destination from scratch is often cheaper and simpler.
Expats, gap-year travellers, sabbatical-takers, and diplomatic staff all face variations of this problem. You don't want to sell everything — you'll need it when you come back — but you can't justify paying commercial self-storage rates of £200-£400/month for 12-24 months. That's £2,400-£9,600 over a two-year posting. A Packhood garage at £100-£160/month cuts that to £1,200-£3,840 for the same period.
The key difference between expat storage and other use cases is the duration and the lack of access. You're not popping in to grab a winter coat. This is set-and-forget storage for 6 months to several years. That changes what you prioritise: security, climate stability, a reliable host, and easy communication if anything needs attention while you're away.
How to organise expat & living abroad
Step 1: Decide what goes and what stays Ship essentials and sentimental must-haves. Store everything else. A typical 2-bed flat's furniture, kitchen, and personal items fit in a single large garage (15-18 m²).
Step 2: Give yourself plenty of lead time Start searching for Packhood spaces 6-8 weeks before your move date. For popular areas, garages book up 3-4 weeks in advance.
Step 3: Choose a long-term-friendly host Look for hosts with strong reviews and a track record of long-term bookings. Message hosts to gauge responsiveness — you need someone reliable while you're overseas.
Step 4: Pack for the long haul Use moisture-absorbing products (silica gel, damp traps). Wrap upholstered items in breathable covers, not plastic (which traps condensation over months). Oil any metal tools or hardware.
Step 5: Create a detailed inventory Photograph every item and create a spreadsheet with descriptions and approximate values. Share this with a trusted friend or family member in-country.
Step 6: Arrange a local contact Nominate a friend or family member who can visit the space if needed. Packhood allows you to add authorised visitors to your booking.
Step 7: Set up payment for the long term Packhood handles recurring monthly payments automatically. Ensure your card won't expire during your time abroad, or update payment details before departure.
Best space types for expat & living abroad
- Garage — The standard choice for full-household expat storage. Fits a 1-2 bed flat's contents. Ground-level access for easy move-in day.
- Spare Room — Best for delicate and valuable items — art, musical instruments, electronics. Climate-controlled and secure within a host's home.
- Basement — Common in the Netherlands and well-suited to long-term storage. Constant temperature year-round. Check for damp before committing.
- Attic — Budget option for boxed items. Works well for clothing, books, and household goods. Ensure the attic has proper insulation to avoid extreme temperature swings.
Pro tips
- Remove all batteries from stored electronics. Over 12+ months, batteries leak acid that destroys devices. Bag the batteries separately.
- Use breathable cotton dust sheets on furniture, not plastic wrap. Plastic traps moisture and causes mould over long periods. Buy a pack of 3 for about £15/€18.
- Oil any metal items lightly — scissors, tools, bicycle chains — before storing. A thin film of WD-40 prevents rust over months.
- Set a calendar reminder every 6 months to check in with your host via Packhood messaging. A quick "everything okay?" maintains the relationship.
- If you're renting out your home while abroad, store personal items separately from the tenant's space. Clear labelling prevents mix-ups.
- Update your payment method before you leave. Cards issued abroad may be blocked by your home bank; a direct debit or long-expiry card avoids interruptions.
How Packhood compares to self-storage in Ireland
Across Ireland, the main commercial self-storage operators include Elephant Self Storage, National Self Storage, Store4U, U Store It. These companies operate purpose-built facilities with climate-controlled indoor units, typically located on commercial estates outside city centres. Monthly pricing ranges from €60 to €450 depending on unit size and location, with additional charges for insurance, padlocks and admin fees.
Packhood offers a fundamentally different approach. Instead of driving to a commercial facility, you book unused space from a verified neighbour — a garage, spare room, driveway, attic or basement within a few streets of your home. Packhood hosts set their own monthly price, which is typically 30-50% lower than commercial self-storage rates. There are no admin fees, no mandatory padlock purchases and no insurance upsells. The listed price is the all-in monthly cost.
Commercial self-storage facilities have genuine advantages in specific scenarios. Climate-controlled indoor units are better for temperature-sensitive items like electronics, wine or artwork. Facilities with 24/7 PIN-code access let you visit your unit at any hour without coordinating with anyone. Staffed receptions can accept deliveries and provide on-site support. For these use cases, a commercial operator may be the right choice.
For most personal and small-business storage needs, however, Packhood delivers better value. The 30-50% cost saving adds up quickly over a 3-6 month booking — that is €120-600 back in your pocket. Neighbourhood proximity means you can walk to your storage rather than loading a car. Month-to-month billing with 14 days' notice means no lock-in contracts. And every booking includes the Packhood Host Guarantee, with €300 per-booking protection, €25k items cover and €100k host liability cover.
Storage demand in June
June carries May's momentum but swaps the cast. The graduation caps go up, the academic year formally ends, and a fresh cohort of graduates walks straight into the "what next" question — many storing their belongings while they travel, start an internship, or hunt for that first professional flat. Latecomers who left storage until now find themselves scrapping over what is left, often accepting a longer drive to a space that is further out than they would like. The lesson every June teaches is the same one the early bookers already learned in March.
The Irish Leaving Certificate and UK A-levels and GCSEs begin in June, creating a secondary education-linked storage pattern. Families converting a teenager's bedroom into a study or guest room during the exam period store childhood furniture and accumulated items. In the Netherlands, the eindexamens (final exams) in early June trigger similar household reshuffles.
June is prime wedding season in all three markets. Couples, venues, and wedding planners rely on storage for everything from chair covers to centrepieces. Venue-adjacent garage and warehouse bookings spike on Thursday-to-Monday cycles as weekend weddings turn over.
The summer property market remains robust, and with schools about to break up, families with children target June for completing house moves before the holiday disruption. Removals companies report their busiest weeks of the year in mid-to-late June.
What people store and retrieve in June
- Graduate transition storage — Newly graduated students store university belongings while job-hunting, travelling, or moving between cities. Typical booking: 3-6 months, 3-5 m².
- Last-minute student move-out — Students who missed the May window pay premium rates for whatever space remains near campus. Off-peak alternatives 15-20 minutes away offer savings.
- Wedding season peak storage — Full-service wedding storage: dresses, suits, decorations, gifts, photographer equipment, and catering supplies. Short-term bookings with weekend access required.
- Summer holiday preparation — Families store bicycles, garden equipment, and non-travel items to secure their home while on extended holiday. Security-conscious renters prefer indoor, lockable spaces.
- School year-end clear-out — End-of-year school projects, art supplies, sports equipment, and textbooks come home and often go straight to storage while families decide what to keep.
- Summer camp equipment — Youth organisations and summer camp operators retrieve bulk equipment — tents, sports gear, craft supplies — from winter storage.
- Home renovation peak — With reliable weather and long days, major renovation projects (extensions, loft conversions, kitchen refits) hit their stride. Contents of entire rooms shift to temporary storage.
Storage tips for June
- Graduates: if you are taking a gap year or travelling, book your storage now for the full duration. Pre-paying 6 months upfront often earns a 15-20% discount compared to month-to-month.
- Wedding couples: confirm your storage space has ground-floor, drive-up access. Carrying 50 chair covers up three flights of stairs on a Saturday morning is not how you want to start your wedding day.
- If you are going on an extended summer holiday, remove all perishable items from your storage space. Even sealed containers can attract pests in warm weather.
- Families moving before school breaks up: pack children's rooms last and unpack them first. A familiar bedroom setup in the new house makes the transition smoother for everyone.
- Hosts: this is your highest-earning quarter. If you have unused space that you have been thinking about listing, June demand guarantees fast bookings.
Key dates driving storage demand
- June bank holiday (first Monday) — moving weekend and home project completion
- Leaving Certificate exams begin (early June) — household reorganisation around exam schedules
- University graduation ceremonies — Trinity, UCD, UCC, NUIG graduations trigger move-outs
- Bloomsday (16 June) — cultural events in Dublin require temporary event storage
Expat Storage: Moving Abroad Without Losing Everything
Ireland, the UK, and the Netherlands are all countries with significant expatriate populations — both inbound and outbound. Each year, thousands of professionals relocate for work assignments lasting 1-3 years, and the question of what to do with their belongings is one of the most stressful aspects of the move. Shipping a household overseas costs €3,000-8,000 or £2,500-7,000 and involves weeks of transit time. Selling everything and repurchasing at the destination costs even more in total. Packhood storage offers the middle path: keep your belongings safe and accessible in your home country while you are abroad. A 10-20 m² space holds the contents of a typical one- or two-bedroom flat at €60-130/month or £55-120/month. Over a two-year assignment, that is €1,440-3,120 or £1,320-2,880 — less than a single shipping container in each direction. The key for expat storage is choosing a host you trust for a long-term relationship. Communicate your expected return timeline, agree on access arrangements (you may send a friend or family member to retrieve occasional items), and ensure the space is suitable for year-round storage including winter conditions. Packhood's messaging system allows you to stay in contact with your host from anywhere in the world.
Frequently asked questions
Can I store a vehicle on Packhood while I'm travelling abroad?
Very common. Expats and long-term travellers store cars on driveways and in garages while abroad for months or years. Month-to-month terms mean you cancel when you return — no lock-in. Ask a trusted friend to check the vehicle monthly, or arrange with the host to run the engine for 10 minutes every 4-6 weeks.
How do returning expats use Packhood?
Many expats book Packhood storage before they return — securing a space from abroad while house-hunting. Ship a few boxes of essentials ahead, store them on Packhood, and collect everything once you've found a home. This avoids the stress of arriving with a container and nowhere to put it. Book 2-4 weeks before your return date.
Is Packhood cheaper than portable storage containers (PODS)?
Usually yes. PODS and container services charge €120-250/month plus delivery (€80-150) and collection fees. A Packhood garage of equivalent size costs €70-120/month with no delivery or pickup surcharges. You arrange your own transport, but even with a van hire, total costs are 20-40% lower.
Can I store a guitar or other string instruments on Packhood?
Always in a hard case with the strings slightly loosened (half a turn). Wood expands and contracts with humidity changes, so indoor spaces with stable conditions are essential. Spare rooms and basements on Packhood are ideal. Avoid attics (temperature extremes) and garages (humidity). Humidity between 40-55% is the sweet spot for wooden instruments.
What is the cheapest way to store a second car?
An uncovered driveway on Packhood starts from €35-50/month — cheaper than any commercial car park or storage compound. For better protection, a garage runs €70-120/month. Compare this to commercial vehicle storage at €100-200/month plus admin fees. Packhood has no contracts, so you only pay for the months you need.
Can I use Packhood for long-term storage while living abroad?
This is one of Packhood's most common use cases. Month-to-month terms mean you store for exactly as long as your assignment lasts — 6 months, 2 years, whatever it takes. No lock-in contracts. A spare room or garage costs €60-130/month, far less than keeping a rental property empty. Nominate a local contact for emergency access.
How does Packhood's service fee work?
Packhood charges renters a 20% service fee that's already included in the displayed listing price — you never see it added at checkout. Hosts pay a 5% commission deducted from their payout. The combined 25% covers payment processing, the Host Guarantee, ID verification, platform support and trust and safety operations.
Understanding storage costs
Storage prices depend on space type, size, access frequency and location. On Packhood, renters pay €35–€200/month for verified neighbour storage — typically 35–60% less than commercial self-storage.
What's included in the price: The listing price on Packhood is the all-in monthly price. Packhood's 20% service fee is already included — nothing extra at checkout. Hosts pay 5% commission. No signup fees, no admin charges, no insurance upsells.
Host Guarantee: Every booking includes up to €300 of Host Guarantee protection per booking. Hosts are ID-verified through Stripe Connect. Renters can message hosts before booking to ask questions and arrange viewings.
Ready to find affordable storage?
Renters: Browse available spaces → — verified hosts, month-to-month, save 35-60% vs self-storage.
Hosts: List your unused space → — free to list, keep 95% of every booking.
Own a garage in Ireland? Turn it into income.
A garage in Ireland earns hosts about €244/month (€2,920/yr) on Packhood — taxable as Case IV miscellaneous income — there is no storage-specific tax-free allowance, so check Revenue.ie for your situation. See what your garage could earn → · Become a host — list your garage free →
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