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[Wanted] Apartment Rental in Dublin City Centre

  • 29-12-2011 1:18am
    #1
    Registered Users, Registered Users 2 Posts: 952 ✭✭✭


    I am looking at renting a 2 bed apartment in Dublin CC.

    I am looking at the IFSC, D2 & D4.

    The vast majority of these properties rent for E1,000 to E1,200.

    I am wondering how they can still be asking these prices considering these properties sell for 40% of the peak prices and the area is flooded with them? To what degree are empty NAMA units proping up these prices? Approx half the units in the IFSC are empty.


Comments

  • Closed Accounts Posts: 12,395 ✭✭✭✭mikemac1


    New and modern apartments in the IFSC on the luas, dart and in the city centre.
    That's the going rate, it's a nice area to rent and the apartments are as good as you'll find in Dublin
    How do you know half of them are empty?

    If you want to head slightly outside, Fairview and Drumcondra

    I've read many threads here about noise in Smithfield. Ok that's what you get in the city centre but seems they have an ice rink every year with music blaring all day for weeks.
    Have a search for past threads. Possibly it's resolved now


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭shangri la


    Im in Drumcondra at the minute but want a newer place thats more energy efficent and cleaner / more modern.

    I find it hard to equate rentwise a decent size 3 bed house in Drumcomdra with a small 2 bed apartment in the IFSC.


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭shangri la


    How about the risk of catching a stray bullet from the horse fair?


  • Registered Users, Registered Users 2 Posts: 5,346 ✭✭✭borderlinemeath


    shangri la wrote: »
    Im in Drumcondra at the minute but want a newer place thats more energy efficent and cleaner / more modern.

    I find it hard to equate rentwise a decent size 3 bed house in Drumcomdra with a small 2 bed apartment in the IFSC.

    I think landlords tend to include their management fees into the rent - so perhaps another 2K of management fees included to try and offset costs. My OH is a landlord and would not/will not ever buy an apartment.


  • Closed Accounts Posts: 9,894 ✭✭✭Chinafoot


    I lived in a 2 bed apartment in the IFSC from 2006 to February of this year. At the beginning the rent on the apartment was €1350 a month. When we left it was €1150. Not much of a drop at all considering the way things went.

    I wouldn't call the apartments that I've seen in the IFSC as "new and modern." A lot of them were thrown up very quickly and the problems associated with that appear to be coming to light now. We had a lot of problems in our place by the end and others we knew in other complexes said the same.

    The location is handy but personally I'd rather live a little further outside the centre than pay huge rents on crappy, small apartments.


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  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    shangri la wrote: »
    I find it hard to equate rentwise a decent size 3 bed house in Drumcomdra with a small 2 bed apartment in the IFSC.
    Smaller and dearer is not always better, esp as people wanted the apartments built cheaper, smaller, and faster.


This discussion has been closed.
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