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Good areas in Ireland for an investment property

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    #92
    Bass Reeves
    Registered Users Posts: 18,166 ✭✭✭✭Bass Reeves


    Darc19 wrote: »
    Biggest problem is not finding an area, it is agents not calling back and even when you email them saying you are buying as an investment you get a copy and paste response asking for loan approval documents.

    And then you have the agents not taking property off websites when sale agreed, so more time wasting.

    But worst was one agent who responded and said that unless the offer is €30k over the asking price, it would not be accepted.

    Fukin shower of sh1tes.



    Back to looking at the auctions and I for one won't be bothering with agents and their attitudes

    There are a few problems with auctions. You need to be able to understand the contract yourself. If you have to pay for the pre structure inspection and the legal checking you are looking at 2k. Even if you fell competent enough to do that there's still risk involved

    Slava Ukrainii



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    #93
    Mad_maxx
    Registered Users Posts: 13,505 ✭✭✭✭Mad_maxx


    handlemaster wrote: »
    Auctions are can be a con also, price put unrealistically low. Lots of bidders pay to register then the selling price is no where near the reserve price.

    thats the least of someones concerns when it comes to auctions .

    the only kind of 100% straight property sold at auction is farmland

    i bought at auction once and it was ok but i was a cash buyer , tenants were in situ so a bank would not have provided finance


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    #94
    Claw Hammer
    Registered Users Posts: 6,160 ✭✭✭Claw Hammer


    Mad_maxx wrote: »
    least i know where Monkstown is not

    That must be a great comfort to you.


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    #95
    laobuyer
    Registered Users Posts: 1 ✭laobuyer


    This was interesting. Any update on what you did as this was 3 years ago?



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    #96
    SharkMX
    Registered Users Posts: 1,045 ✭✭✭SharkMX


    https://www.boards.ie/discussion/comment/116865163#Comment_116865163

    I would agree with this. Find a country that is friendly towards property investment, or at least not as toxic as Irelands controlled setup. And if you hear even a hint of rent controls in the country you choose, sell up immediately.



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