Overpriced ShoeBoxes

Smouse156

Anyone else think the is some sort of joke? 350k for a 42sqm corridor! Views yes but you might as well live on the footpath it’s so tight. Didn’t even think it was possible to call something that small a 2-bed. My 1-bed in Dubai was 90sqm

https://www.daft.ie/12104259

Aint Eazy Being Cheezy

Location, location, location.

Smouse156

Aint Eazy Being Cheezy wrote: »

Location, location, location.

You could camp on the footpath or beach outside for free! Plus have room to swing a cat ðŸˆ

TheSheriff

Amazing location.

Small yes, but location wins for me. Were it any bigger expect to pay multiples of that

u140acro3xs7dm

Smouse156 wrote: »

Anyone else think the is some sort of joke? 350k for a 42sqm corridor! Views yes but you might as well live on the footpath it’s so tight. Didn’t even think it was possible to call something that small a 2-bed. My 1-bed in Dubai was 90sqm

https://www.daft.ie/12104259

Thinly veiled I lived in Dubai thread.

Smouse156

Atticus Wet Railroad wrote: »

Thinly veiled I lived in Dubai thread.

Nothing to do with Dubai, just to point out that in an expensive city a standard 1-bed which is far cheaper than Dublin now is at least 60sqm. More to do with Rip-off Republic

Spanish Eyes

It's a bit tight floor area wise alright, but someone will buy it. The views are great, has to be said.

Even if I won the lotto I wouldn't buy along that road. It is choc a block with people either going up or coming down from the Cliff Walk and various waifs and strays from the harbour area itself. None of them doing any harm, but they can nosey in your window on the ground floor anyway, which this one is.

I suppose it's supply and demand, together with location.

Rodney Bathgate

Smouse156 wrote: »

My 1-bed in Dubai was 90sqm

Sounds great, pity it is in Dubai.

looksee

Agree with OP, 350k for that is nonsense, even in Howth.

fret_wimp2

Amazing view, difficult to get anywhere, and this is within sneezing distance of the city center.

Its not a place to raise a family but its a pied a terre for somebody with amazing views in a lovely location..location...location.

Its expensive by floor area for sure, but location and view trump floor area. Its why 90m2 house can be had in Dublin for as low as 200k or upwards of 600k.

No point being bitter or angry about it, thats the market, if it doesnt sell, they will lower it or take it down but if i was a betting person, my money would be on it selling close to asking.

If location means nothing & floor area is your priority then you have your pick of some great houses in Dublin!
33 3 beds below 200k available right now!

https://www.daft.ie/dublin/houses-for-sale/darndale/29-buttercup-park-darndale-dublin-2437940/
https://www.daft.ie/dublin/houses-for-sale/clondalkin/22-greenfort-gardens-clondalkin-dublin-2551158/
https://www.daft.ie/dublin/houses-for-sale/balbriggan/37-moylaragh-drive-balbriggan-dublin-2321611/

L1011

It may be priced that way expecting a neighbour to buy it to knock through - as has happened at least twice before in that block

Site was a former hotel, burnt down, not sure how much of the original structure is left if any at all. Explains the odd location and the beach access etc.

dotsman

I don't think the location is that great. A nice view outside the dinky little balcony, but that's it. Especially when you ask - who will live there?

For apartments, you are typically talking about young people. But it's very far outside the city center

Also, it is completely impractical from a living perspective - just take a look at the dimensions of bedroom 2. How do you even fit a bed in there? Also, the only access to the dinky balcony is via bedroom 2! How do you have friends over? Entertain people etc?

Ultimately, it's a brutal design. It should be a small 1-bed apartment.

I would strongly advice against anybody buying that for a home. Only a slumlord would consider investing.

For similar money, you can get a far, far larger apartments in vastly superior locations...

https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-36-clarendon-hall-dublin-2-dublin-2551116/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/21-malton-house-custom-house-square-dublin-1-dublin-2544103/
https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-3-block-1-gallery-quay-dublin-2-dublin-2534056/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/127-scarriff-house-custom-house-square-dublin-1-dublin-2330552/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/82-fasnet-custom-house-harbour-ifsc-dublin-1-dublin-2525886/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/8-gandon-house-custom-house-square-mayor-street-ifsc-dublin-1-dublin-2477125/
https://www.daft.ie/dublin/apartments-for-sale/smithfield/apartment-37-block-a-smithfield-dublin-2437751/

Ray Palmer

Smouse156 wrote: »

Nothing to do with Dubai, just to point out that in an expensive city a standard 1-bed which is far cheaper than Dublin now is at least 60sqm. More to do with Rip-off Republic

It really depends on who you are talking about being ripped off. The labourers that built your place were not paid well and were mistreated by all accounts. So for your cheap place somebody was mistreated. They also have pretty much as much land as they need and it isn't scarce.

Are you treated any differently to the locals? I heard that foreigners are treated like 2nd class citizens. Any restrictions on freedom like not being able to criticise the government or have a drink?

Muahahaha

Would imagine about 80-100k of the price on that is the premium for the view. Also its an uninterrupted view which are pretty rare to find, lots of properties with sea views also have them interrupted by things like roads in front, neighbours roofs, trees, electricity poles and wires. Its pretty rare to find a view that is completely uninterrupted.

the_pen_turner

It's only worth what someone is willing g to buy it for. Someone must be spending g that much on it

Marcusm

dotsman wrote: »

I don't think the location is that great. A nice view outside the dinky little balcony, but that's it. Especially when you ask - who will live there?

For apartments, you are typically talking about young people. But it's very far outside the city center

Also, it is completely impractical from a living perspective - just take a look at the dimensions of bedroom 2. How do you even fit a bed in there? Also, the only access to the dinky balcony is via bedroom 2! How do you have friends over? Entertain people etc?

Ultimately, it's a brutal design. It should be a small 1-bed apartment.

I would strongly advice against anybody buying that for a home. Only a slumlord would consider investing.

For similar money, you can get a far, far larger apartments in vastly superior locations...

https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-36-clarendon-hall-dublin-2-dublin-2551116/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/21-malton-house-custom-house-square-dublin-1-dublin-2544103/
https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-3-block-1-gallery-quay-dublin-2-dublin-2534056/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/127-scarriff-house-custom-house-square-dublin-1-dublin-2330552/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/82-fasnet-custom-house-harbour-ifsc-dublin-1-dublin-2525886/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/8-gandon-house-custom-house-square-mayor-street-ifsc-dublin-1-dublin-2477125/
https://www.daft.ie/dublin/apartments-for-sale/smithfield/apartment-37-block-a-smithfield-dublin-2437751/

I’d imagine practically no overlap between the likely purchaser of the Howrah apartment (who will be there for their view of the location, likely early retirement couple IMO) and the suite of inner city apartments which you have secured many of which would be regarded as secondary if not tertiary city centre apartment locations.

I can’t see the same person considering them as alternatives.

dotsman

Marcusm wrote: »

I’d imagine practically no overlap between the likely purchaser of the Howrah apartment (who will be there for their view of the location, likely early retirement couple IMO) and the suite of inner city apartments which you have secured many of which would be regarded as secondary if not tertiary city centre apartment locations.

I can’t see the same person considering them as alternatives.

You're right, I can't see them being the same people either. My issue is I can't see the howth apartment as being suitable for anybody (young professionals, students, families, retired couples).

It is completely unsuitable for a retired couple. Even as a small 1-bed, it would be tight, but as a 2-bed micro apartment, it is useless for a retired couple, wasting valuable space on a second box-bedroom.

I'm not sure how you are defining secondary or tertiary, but the many of those apartments are in the IFSC. Another was in the Silicon Docks, the other a 2 minute walk from Stephens Green. All of which would be the definition of the ultimate in prime dublin city center location.

antimatterx

You're paying to live in Howth, one of the most desired areas in Dublin. Top quality location.

How much do you expect to pay?

jelly&icecream

Yea, the view/location is what you're paying for. Presuming you could take down the wall between the weird second bedroom and living room (maybe open kitchen into it too) you could make a nice one bed for a retiree given its ground floor.

Graham

antimatterx wrote: »

You're paying to live in Howth, one of the most desired areas in Dublin.

Exactly, and the closest comparable apartment (in terms of a view) is Howth Lodge on the other side of the village at €520k

It's the location and view you're paying for.

jam_mac_jam

It might suit someone trading down. Its a lovely view and Howth is one of the nicest places in Dublin. I would be quite happy living there if I was single or retired.

A sea view is expensive. I have seen places I would consider a rip off. Here not so much. Different people have different priorities. A nice balcony looking at the sea would be fantastic.

Ray Palmer

dotsman wrote: »

You're right, I can't see them being the same people either. My issue is I can't see the howth apartment as being suitable for anybody (young professionals, students, families, retired couples).

It is completely unsuitable for a retired couple. Even as a small 1-bed, it would be tight, but as a 2-bed micro apartment, it is useless for a retired couple, wasting valuable space on a second box-bedroom.

I don't know why you think it so unsuitable for everyone. I see no issue with it for most. The only issue would be a family with more than 1 child. Even then fine for a while.

Perfect for retired couples who sell a large family home and have a holiday home abroad they spend most of the year at. Desirable for them. Older people often need smaller properties so they don't have to walk as much to get to everything.

jam_mac_jam

Also if you are retired you might be sick of cleaning and looking after a big house and be delighted with a small area. I would love it just for the view.

na1

The local council should buy it to rent out to those unfortunate members of our society!

ted1

dotsman wrote: »

I don't think the location is that great. A nice view outside the dinky little balcony, but that's it. Especially when you ask - who will live there?

For apartments, you are typically talking about young people. But it's very far outside the city center

Also, it is completely impractical from a living perspective - just take a look at the dimensions of bedroom 2. How do you even fit a bed in there? Also, the only access to the dinky balcony is via bedroom 2! How do you have friends over? Entertain people etc?

Ultimately, it's a brutal design. It should be a small 1-bed apartment.

I would strongly advice against anybody buying that for a home. Only a slumlord would consider investing.

For similar money, you can get a far, far larger apartments in vastly superior locations...

https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-36-clarendon-hall-dublin-2-dublin-2551116/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/21-malton-house-custom-house-square-dublin-1-dublin-2544103/
https://www.daft.ie/dublin/apartments-for-sale/dublin-2/apartment-3-block-1-gallery-quay-dublin-2-dublin-2534056/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/127-scarriff-house-custom-house-square-dublin-1-dublin-2330552/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/82-fasnet-custom-house-harbour-ifsc-dublin-1-dublin-2525886/
https://www.daft.ie/dublin/apartments-for-sale/dublin-1/8-gandon-house-custom-house-square-mayor-street-ifsc-dublin-1-dublin-2477125/
https://www.daft.ie/dublin/apartments-for-sale/smithfield/apartment-37-block-a-smithfield-dublin-2437751/

They are not better locations. Many people don’t want to live in the city. Especially places like Smithfield or the Docklands

antimatterx

Graham wrote: »

Exactly, and the closest comparable apartment (in terms of a view) is Howth Lodge on the other side of the village at €520k

It's the location and view you're paying for.

Howth Lodge apartments are expensive, but they are pretty big and quality apartments imo.

It's, howth. What do you expect? Darndale prices!

antimatterx

You could actually argue that at that price the apartment is a bargain.

EB_2013

ted1 wrote: »

They are not better locations. Many people don’t want to live in the city. Especially places like Smithfield or the Docklands

I'd have the Howth apartment over any city centre location. Okay it might be a pain in the summer months with people passing by on the footpath outside and public beach just below but the views are worth it. Plus Howth is a great location, the Dart is only a walk away and plenty of amenities in the town. I think it is a bit overpriced due to the condition but it's Howth with a sea view.

shivermetimber

I'm all for small living but no way should it be a 2 bed and pricing it as such is laughable. Something would need to be knocked as floorplan is terrible. It's got a kitchen with 3 foot between the counter and wall, a 26sq ft toilet and the 2nd 'bedroom' is 6 foot wide.

Ray Palmer

shivermetimber wrote: »

I'm all for small living but no way should it be a 2 bed and pricing it as such is laughable. Something would need to be knocked as floorplan is terrible. It's got a kitchen with 3 foot between the counter and wall, a 26sq ft toilet and the 2nd 'bedroom' is 6 foot wide.

It would be perfect for a single person who works from home. The kitchen is bigger than the standard design of many a council houses that are all around the country. Which also cost as much as that property and are located in Howth but without the view.

I see the box room as an office/occasional bedroom.

Ray Palmer

ted1 wrote: »

They are not better locations. Many people don’t want to live in the city. Especially places like Smithfield or the Docklands

Both horrific places at night with barely a soul to be seen at night. If you do see somebody you probably don't want to meet them

Marcusm

dotsman wrote: »

You're right, I can't see them being the same people either. My issue is I can't see the howth apartment as being suitable for anybody (young professionals, students, families, retired couples).

It is completely unsuitable for a retired couple. Even as a small 1-bed, it would be tight, but as a 2-bed micro apartment, it is useless for a retired couple, wasting valuable space on a second box-bedroom.

I'm not sure how you are defining secondary or tertiary, but the many of those apartments are in the IFSC. Another was in the Silicon Docks, the other a 2 minute walk from Stephens Green. All of which would be the definition of the ultimate in prime dublin city center location.

IFSC apartments very much secondary area for apartments and many of those you have cited would fall below that. IFSC has decent week day services but feck all in the evenings and weekends when most occupants would be there. Likewise, around Grand Canal Quay would be much less attractive than (say) The Gasworks a short walk away. Actual prime apartments in Dublin City centre are few and far between but centred around Baggot Street, Mount Street and, to an extent, Lesson Street. Clarendon Hall, for example, wouldn’t be much better than the tenement style shoeboxes which were built at the same time on Bachelor’s Walk and Arran Quay. Back in 92-95, these were very much built to a budget on cheap land with limited space and no amenities.

dotsman

Ray Palmer wrote: »

I don't know why you think it so unsuitable for everyone. I see no issue with it for most. The only issue would be a family with more than 1 child. Even then fine for a while.

Perfect for retired couples who sell a large family home and have a holiday home abroad they spend most of the year at. Desirable for them. Older people often need smaller properties so they don't have to walk as much to get to everything.

Students won't want to live there.
Young adults won't want to live there.
(the 2 main markets for apartments)
Families won't want to live there (regardless of how many children - do you really think a family with one child would fit - do you have any idea of how much room a child takes up?)
Retirees, while they don't need huge amounts of space, don't want to spend their retirement living in a prison cell.

ted1 wrote: »

They are not better locations. Many people don’t want to live in the city. Especially places like Smithfield or the Docklands

For the typical type of people who want to live in apartments (young professionals/students etc) they are. Very much so. For them, location is about convenience. Close to work, close to pubs/clubs, close to shops, close to friends, close to numerous public transport options (Dart, both luas lines, a range of bus routes as well as intercity transport links). It is why rent (a better gauge in terms of demand) is far higher in these locations.

dotsman

Marcusm wrote: »

IFSC apartments very much secondary area for apartments and many of those you have cited would fall below that. IFSC has decent week day services but feck all in the evenings and weekends when most occupants would be there. Likewise, around Grand Canal Quay would be much less attractive than (say) The Gasworks a short walk away. Actual prime apartments in Dublin City centre are few and far between but centred around Baggot Street, Mount Street and, to an extent, Lesson Street. Clarendon Hall, for example, wouldn’t be much better than the tenement style shoeboxes which were built at the same time on Bachelor’s Walk and Arran Quay. Back in 92-95, these were very much built to a budget on cheap land with limited space and no amenities.

Not sure what you mean by the services being different in the IFSC between day and evening/weekend. They are the same. What "services" are you talking about?
Living in the IFSC doesn't restrict people to the IFSC. You are in the city centre. You can walk, cycle or jump on the luas (right outside you apartment) and have all the services the city has to offer in a matter of minutes.


Secondly, the gasworks is in Grand Canal Quay - it is the same location. Also, it's pretty much the same euro-for-euro rent-wise.

Baggot/Leeson street are, of course, also prime locations. They are the "traditional" in-demand city centre locations. And as you can see from the rental market, pretty much on a par with the IFSC/Silicon Docks etc from a price/demand perspective.

With regards Clarendan hall, not sure if we are talking about the apartment building or the location. In terms of the location, it is extremely desirable. In terms of the building, it's far from the best (and you describe as a shoe-box), but is far far bigger than the apartment in howth (almost twice as big), which is what this discussion, and my original point is all about.

Ray Palmer

dotsman wrote: »

Students won't want to live there.
Young adults won't want to live there.
(the 2 main markets for apartments)
Families won't want to live there (regardless of how many children - do you really think a family with one child would fit - do you have any idea of how much room a child takes up?)
Retirees, while they don't need huge amounts of space, don't want to spend their retirement living in a prison cell.

Students couldn't afford to live there and I can assure you many would jump at it.
No idea why you say young people wouldn't want to live there. I have friends who rented apartments in Howth when younger. I have seen people living in much smaller places.

Yes I do expect a family with one child easily living there. I have seen people raise more children in a place marginally bigger and 4 adults lived there in the end..

Perfect for a single parent too.

Have you seen the size of the pensioner's accommodation dotted around the country? They are smaller and don't have any views. If you think that place is a prison cell then you have a strange view.

You seem to have a limited view if who lives in apartments that doesn't marry up with the reality of what happens. Not sure where you are located but I doubt you have seen who lives in apartments in Dublin and how many there are located all around Dublin outside the city. The main market is not students and young professionals and hasn't been for a long time

ec18

dotsman wrote: »

Not sure what you mean by the services being different in the IFSC between day and evening/weekend. They are the same. What "services" are you talking about?
Living in the IFSC doesn't restrict people to the IFSC. You are in the city centre. You can walk, cycle or jump on the luas (right outside you apartment) and have all the services the city has to offer in a matter of minutes.

I lived down there and you aren't in the city centre. realistically if you are past bus aras the luas could be every twenty mins at night and evening, not terrible by any means but the it's not a matter of minutes to the city centre, twenty - thirty minute walk and potentially the same on the luas if you miss one.

Secondly, the gasworks is in Grand Canal Quay - it is the same location. Also, it's pretty much the same euro-for-euro rent-wise.

Baggot/Leeson street are, of course, also prime locations. They are the "traditional" in-demand city centre locations. And as you can see from the rental market, pretty much on a par with the IFSC/Silicon Docks etc from a price/demand perspective.

While true the gasworks is that little bit closer to the aviva and the selection of pubs and restaurants around there than then quay area. Admittedly it's probably maybe a ten minute walk difference but it's a difference, personally I'd rather live at the gasworks then around the bord gais theatre

maxsmum

That apartment block in Howth is manky looking, an eyesore with terrible maintenance evident from the outside. It's like a hotel out of a horror movie. And although the interior pics are good, we all know what the estate agent's lens does to reality! There are a lot of steps outside the front so it may not even be a good 1 bed for a retiree.

JohnnyChimpo

Ray Palmer wrote: »

Both horrific places at night with barely a soul to be seen at night. If you do see somebody you probably don't want to meet them

This is the kind of thing you only get on Boards or the Journal... Smithfield is apparently Belgrade in the minds of some of the fragile posters here (?).

Just moved after living in Smithfield for 9 years and had absolutely zero hassle day or night. Stoneybatter is one of the most gentrified areas of the last decade, hard to see where you could even find trouble in those parts if you went looking for it

Marcusm

dotsman wrote: »

Not sure what you mean by the services being different in the IFSC between day and evening/weekend. They are the same. What "services" are you talking about?
Living in the IFSC doesn't restrict people to the IFSC. You are in the city centre. You can walk, cycle or jump on the luas (right outside you apartment) and have all the services the city has to offer in a matter of minutes.


Secondly, the gasworks is in Grand Canal Quay - it is the same location. Also, it's pretty much the same euro-for-euro rent-wise.

Baggot/Leeson street are, of course, also prime locations. They are the "traditional" in-demand city centre locations. And as you can see from the rental market, pretty much on a par with the IFSC/Silicon Docks etc from a price/demand perspective.

With regards Clarendan hall, not sure if we are talking about the apartment building or the location. In terms of the location, it is extremely desirable. In terms of the building, it's far from the best (and you describe as a shoe-box), but is far far bigger than the apartment in howth (almost twice as big), which is what this discussion, and my original point is all about.

Part of the issue here is that you have a fairly restricted view of what might be expected in terms of the environment.


IFSC - most of the retail, restaurants etc are daytime only or very limited weekend service. “Prime” would generally mean a wide availability of services and amenities on your doorstep available to you with minimum effort. This is not the case down the IFSC. It would be highly unusual, for example, for prime living accommodation to be located in a primarily commercial district (IFSC, Canary Wharf, Financial District in Manhattan, La Defense in Paris) except as Mon-Fri living.

I know Clarendon Hall well and looked at them when they were being built. They were tiny at that time even when expectations in Dublin were much lower. It is close to Stephen’s Green and some lovely restaurants. It’s on a shambles of a street, near to a decent number of homeless hotels (wet and dry). Also a significant amount of not horrendous but not great social housing. I feel fairly confident in saying that is not a secondary location, not to mind a prime location. How many beggars do I have to pass? Drunks on doorsteps, methadone zombie etc?

Ray Palmer

JohnnyChimpo wrote: »

This is the kind of thing you only get on Boards or the Journal... Smithfield is apparently Belgrade in the minds of some of the fragile posters here (?).

Just moved after living in Smithfield for 9 years and had absolutely zero hassle day or night. Stoneybatter is one of the most gentrified areas of the last decade, hard to see where you could even find trouble in those parts if you went looking for it

I have seen people attacked in Smithfield square more than once late at night. The square is one of the most desolate places at night and best avoided. Not saying it is like a warzone in any shape or form. It is somewhere that is not safe to walk around at night and I will stick with that from my own knowledge and experience.

tscul32

It would be a lovely 1 bed if you put the kitchen in bedroom 2 and knocked the wall between it and the living room, also the balcony would now be off this open room. Then bedroom 1 could absorb the current kitchen for a bigger room, maybe a desk for an office space. Could be lovely for a retiree.

Marcusm

tscul32 wrote: »

It would be a lovely 1 bed if you put the kitchen in bedroom 2 and knocked the wall between it and the living room, also the balcony would now be off this open room. Then bedroom 1 could absorb the current kitchen for a bigger room, maybe a desk for an office space. Could be lovely for a retiree.

That’s precisely what occurred to me. Separate kitchen suits an older person, extend living space etc. Perhaps one who passes on the nearby family home to the next generation (not my family story but seems to be for some people).

Alun

maxsmum wrote: »

That apartment block in Howth is manky looking, an eyesore with terrible maintenance evident from the outside. It's like a hotel out of a horror movie. And although the interior pics are good, we all know what the estate agent's lens does to reality! There are a lot of steps outside the front so it may not even be a good 1 bed for a retiree.

Yes, it doesn't look like it's been painted since it was built.

https://www.google.ie/maps/@53.3877904,-6.0630565,3a,41.3y,170.98h,97.56t/data=!3m6!1e1!3m4!1smma2E3tYtujWoB3NGvjaTA!2e0!7i16384!8i8192

It wouldn't surprise me if those interior photos date back a good few years too.

EB_2013

maxsmum wrote: »

That apartment block in Howth is manky looking, an eyesore with terrible maintenance evident from the outside. It's like a hotel out of a horror movie. And although the interior pics are good, we all know what the estate agent's lens does to reality! There are a lot of steps outside the front so it may not even be a good 1 bed for a retiree.

Yes the roof looks like it could do with a clean or replacing. It makes the place look rundown from the photo. I'd be questioning where the management fees are being spent as there doesn't appear to be any underground, lifts, garden areas where a big chunk of money would be required. Maybe being right beside the sea requires more painting etc due to seawater.

Graham

Alun wrote: »

It wouldn't surprise me if those interior photos date back a good few years too.

On the plus side, one can of paint would see the entire apartment redecorated :pac:

dotsman

dotsman wrote: »

Students won't want to live there.
Young adults won't want to live there.
(the 2 main markets for apartments)

Most students and young adults are renting, not buying. Plus, the place isn't trying to have mass appeal, they only need one buyer, and I can guarantee you there's more than one person out there that would love that apartment.

That place would make a nice flat for someone, and it would be ideal as a holiday home that could be put out as an AirBnB when the owner doesn't need it. People in that market and with that kind of cash aren't usually students and young adults. I'd know people who grew up around those areas, whose parents are now rattling around big family homes in Sutton/Baldoyle/Bayside but doing most of their socialising in Howth, who'd be more than happy to buy that place if they had the money.

I'd also wonder if you've spent much time in Howth? It's just a completely different kettle of fish to the city centre, not the same market at all. There are plenty of people living there that literally never leave the town, do all their business in Howth and have all their friends and family there. There's a great sense of community and a laid back atmosphere that would convince you you weren't 30 mins outside D1.

That’s cheap - it will be snapped up within a couple of weeks

ted1

dotsman wrote: »

For the typical type of people who want to live in apartments (young professionals/students etc) they are. Very much so. For them, location is about convenience. Close to work, close to pubs/clubs, close to shops, close to friends, close to numerous public transport options (Dart, both luas lines, a range of bus routes as well as intercity transport links). It is why rent (a better gauge in terms of demand) is far higher in these locations.

So transient renters. High rents yet can be bought cheaper than the one in howth. Shows it’s not desirable for owner occupiers.
Smithfield is a dive full of junkies, and prostitution.
The IFSC is pretty soulless and a ghost town once offices are closed.

Many people want to live by the sea. It would suit someone living in their own or a couple downsizing from a big house in the area. As for the second bedroom I see that more as a home office , yoga room, art studio , living space. Etc

I lived in a 1 bed ,35 sq m apartment with the misses before for a number of years and it suited our needs perfectly. And the location was spot on, so good I can acryslky see the apartment from the house I bought many years later

Muahahaha

antimatterx wrote: »

You could actually argue that at that price the apartment is a bargain.

Pretty sure this same unit sold in 2010 with a 160k asking price at the time, from memory it had mouldy green carpets back then and needed the renovation it has now. That was the real bargain.

Even at 350k now it will sell, if it wasnt for the Covid mess it would be very attractive to an Airbnb operator as that view would command premium prices and guarantee very high levels of occupancy.

JimmyVik

Smouse156 wrote: »

Nothing to do with Dubai, just to point out that in an expensive city a standard 1-bed which is far cheaper than Dublin now is at least 60sqm. More to do with Rip-off Republic

Daily commute to Dubai would be a pain though.