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Hanover Quay apartment viewing yesterday

  • 15-07-2011 10:01am
    #1
    rounding tattenham Corner
    Closed Accounts Posts: 113 ✭✭


    Just wondering was anybody else down there yesterday and what they thought? i thought they were terribly designed the bedrooms were just laughably small i could not imagine much room if you put a modest double bed, and they were built to a builders finish so plenty more money to spend, no parking either in short i spent about 15 mins and hit the road.

    On another note does anybody know are these apartments are a relic of no proper regulations celtic tiger era? or could a terrible shoe box apartment block like this still be allowed to be built?


Comments

  • #2
    Lollymcd
    Registered Users, Registered Users 2 Posts: 802 ✭✭✭Lollymcd


    rounding tattenham Corner wrote: »
    Just wondering was anybody else down there yesterday and what they thought? i thought they were terribly designed the bedrooms were just laughably small i could not imagine much room if you put a modest double bed, and they were built to a builders finish so plenty more money to spend, no parking either in short i spent about 15 mins and hit the road.

    On another note does anybody know are these apartments are a relic of no proper regulations celtic tiger era? or could a terrible shoe box apartment block like this still be allowed to be built?

    I just seen them in The Metro this morning advertising 1 beds for €90,000, I'm sure they'll attract a lot of attention, more viewings next week I think.


  • #3
    Idbatterim
    Registered Users, Registered Users 2 Posts: 18,127 ✭✭✭✭Idbatterim


    surely they would make good investment properties at that price?


  • #4
    tara73
    Registered Users, Registered Users 2 Posts: 2,355 ✭✭✭tara73


    rounding tattenham Corner wrote: »
    On another note does anybody know are these apartments are a relic of no proper regulations celtic tiger era? or could a terrible shoe box apartment block like this still be allowed to be built?

    there were 'proper' regulations in the celtic tiger era:
    double bed minimum: 11,2 sqm!
    can't really remember the single room but think it was sth. about 6 or 8 sqm...

    so that says it all, and fits to the time: the smaller the apartments = more apartments = more profit. every sqm counts if one earns more or less 5000 euro on it...biggrin.gif

    they chnaged the regs in 2007 to slightly bigger rooms and more storage space.
    not sure about the regulation at this stage anymore.


  • #5
    Icepick
    Registered Users, Registered Users 2 Posts: 2,456 ✭✭✭Icepick


    Idbatterim wrote: »
    surely they would make good investment properties at that price?
    :pac:


  • #6
    noxqs
    Registered Users, Registered Users 2 Posts: 413 ✭✭noxqs


    Idbatterim wrote: »
    surely they would make good investment properties at that price?

    AHAHAHAHAHAHAHAHA... HAHAHAHAHA...*snort*.... HAHAHAHAHA..ahhhahh.

    When will Ireland learn to invest in real assets ? You know, bonds and stocks? A tiny 1 bed apt for nearly 100 quid ?

    The market is still tanking, these will be selling for sub 50k at some point if they can even be sold to anyone given the oversupply and emigration situation. Fact: There's less and less people here and a massive oversupply. Who's gonna rent/buy ? Seriously now?

    Another thing to consider: Less people are being born now than before. Ireland has had a high birthrate for awhile but is normalizing to EU/Western World standards. That only compounds the problem - a property for investment must be the dumbest thing ever in that light. Atleast you can sell stock and bonds within seconds on the world markets. A ****ty 1bed? 6months? 1 year? Never? Oh god, the list of issues with that is a mile long.


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