Best Location to purchase investment house in Dublin

someday2010

Currently abroad, looking to buy a house to get on the ‘property ladder’ In Dublin for when I eventually return to Ireland so looking for something more balanced not necessarily massive returns. What are people’s opinions on the best place to a house in Dublin, get reasonable calibre of tenant. Thinking of D16 and D18 close to the M50 and Lucas.

handlemaster

all relative to your budget. Dublin 15 would be a stable location  if your looking for the cheaper end of the market. very high demand, lots of location employment etc etc. Whats your budget ?

Victor

For investment, you need to consider the best rate of return, accounting for all costs.

For living, that really depends on where you have / will have connections. Minimising your work commute being an obvious criteria. Access to services is also important - shops, schools, medics, entertainment.

someday2010 wrote: »

Lucas.

Lucan?

Charlie19

Victor wrote: »

For investment, you need to consider the best rate of return, accounting for all costs.

For living, that really depends on where you have / will have connections. Minimising your work commute being an obvious criteria.

Lucan?

Luas.

riclad

Depends on your budget,.Dublin 15 , theres plenty of private estates ,
near the shopping centre or industrial estates is a good long term investment .
You,ll need to pay an agent and an accountant and you,ll be paying 20
per cent tax at least.
You can claim agent and accountant fees against tax,and insurance
and the cost of repairs, maintenance etc
Any house near a luas stop is a good investment ,
if its in a private estate.
IF you are not sure where you,ll work then maybe a 2 or 3 bed house in the city centre is a good option.

Mooooo

Tbh, if you are buying only to get on the "property ladder" you'd be as well off not to and keep saving or invest elsewhere. If it's for an investment do your figures on the returns including taxes etc before deciding

riclad

It sound like you want to buy a house, while you can afford one.
Prices are still rising,
House worth 200k now could cost 300k in 5 years time.
Say you buy a house in dublin 2, it means when you come back you can live in the house,
or rent it out and live in an apartment near where you work.

Baby01032012

riclad wrote: »

It sound like you want to buy a house, while you can afford one.
Prices are still rising,
House worth 200k now could cost 300k in 5 years time.
Say you buy a house in dublin 2, it means when you come back you can live in the house,
or rent it out and live in an apartment near where you work.

House prices could have increased 50% in next 5 years but definitely will not. You’re buying in at the top of the market. So you’re looking at Polte risk capital loss as well as you want to manage a property from abroad, being a landlord is not a hands off no risk high return investment in 2018. Don’t do it.

handlemaster

Baby01032012 wrote: »

riclad wrote: »

It sound like you   want to buy  a house,  while you can  afford one.
Prices  are still rising,
House worth  200k   now could cost   300k  in 5 years time.
Say you buy  a house in  dublin 2,   it means when you  come  back you can live  in the house,
or rent it out  and live  in an apartment  near  where you work.

House prices could have increased 50% in next 5 years but definitely will not. You’re buying in at the top of the market. So you’re looking at Polte risk capital loss as well as you want to manage a property from abroad, being a landlord is not a hands off no risk high return investment in 2018. Don’t do it.

prices will have to be higher than the last boom before you seen a decline, no matter what you wish will happen. I dont see a drop until then.

riclad

The point is to buy a house now, rent it out, the chances are prices
will continue to rise for the next few years.
If you come back in 2022 you might not be able to afford to buy a house ,
or your choice will be very limited.

rosmoke

Buy when cheap, sell when expensive. NOT THE OTHER WAY AROUND!
It's easy.

Edgware

rosmoke wrote: »

Buy when cheap, sell when expensive. NOT THE OTHER WAY AROUND!
It's easy.

If you give me all your money I will give you these special magic beans that can be used to buy a house anywhere you like

riclad

Theres no cheap houses left in dublin,
theres expensive, and very expensive.
Buy close to shop,s , bus stops, supermarkets .
Theres one or 2 bedroom terraced house,s with no gardens ,these should be cheaper than a large 3bed house with a back garden.
Say you have 250k,
go to daft search houses over 200k dublin.