marvin80 wrote: » I've a Sligo friend who's trying to buy at the moment in Sligo town and is finding it difficult. Big demand and also quite a few investors it seems. She was particularly annoyed to be one of the last 2 bidders for a house in a residential area only to be outbid by an investor who now has it up on Air BnB. I've seen that happen a lot in Dublin and very annoying to see it spread across the country.
Buford T Justice wrote: » New regs should sort that out, if you can rely on our government to get anything right
il gatto wrote: » Sligo town didn’t grow much over the boom years. Population has stayed pretty much the same (20k). In fact, since the 70s it’s only increased by about 20%, in contrast to the likes of Letterkenny which has grown by 400%. New houses (Caltragh, Hawthorns, etc.) just moved people from the town centre to the outskirts. Most of the house building was done in the surrounding towns like Ballisodare, Collooney, Coolaney, Grange, Carney etc. Especially Strandhill which has more than doubled in size in the last 20 years. Now the third biggest town in the county and soon the second. As a result, there can be a lack of supply available in the town itself.
JupiterKid wrote: » The complete failure of Sligo town to capitalise on its location as a centre for the Northwest and on the booms of 1995-2007 and the current boom is something everyone in Sligo should feel rather angry about. Much of the blame has to be laid at the door of local and national politicians to deliver the goods for the town. Sligo, as the 2020s approach, should have a population of 40,000+. Instead, it is a town marked by stunted growth, piss poor planning and missed opportunities.
marvin80 wrote: » It's shocking how few knowledge economy jobs are available in Sligo. These are the type of jobs that get people moving to Sligo for work and the type of job that Sligo graduates from the IT can fulfill after they graduate instead of moving to Galway or Dublin.I know there's been a few announcements about those types of jobs in the last while but on the ground it's a different story. The likes of Letterkenny has excelled in this area it seems.
Buford T Justice wrote: » Care to elaborate?
marvin80 wrote: » The job announcements in the press aren't necessarily translated in reality.
Joe91r22 wrote: » I saw a nice house in an estate (3 bed) for 800 pcm in Rathscanlon (tubbercurry) Does anyone have any views on this area? Also, is 800pcm for a new 3 bed a fair price for the area. Any thoughts really appreciated. I’m wondering if it would make more to sense to buy but not sure about prices for such a property in the area. Any opinions or insights would be really great to hear.
Joe91r22 wrote: » Thanks, great to get the insight of a local. Basically I’m thinking that it might actually make sense to try to buy. I see the place in Ard Aisling is 140k. Would the price be similar on the other side of town (Cnon na Si/ Rathscanlon)? I’m speaking to someone who might sell his house in the Rathscanlon area but as I’m not local, I’m trying to figure out if his price (which is in line with Ard Aisling prices) is fair. Also, I’m in my mid thirties so wondering if I decided to buy in Rathscanlon now but had to move on in a couple of years, would it be difficult to rent the place? Is there much demand for the area and what sort of people are looking to live in the area - in general do you think that people are moving into tubber or moving out?
BronsonTB wrote: » I would second everything my bad has said. Charlestown road area is best side of town. Rathscanlon is just a townland. Demand for renting is high at the moment so anything from 700 upwards is normal. Wouldn't advise buying in Cnoc no si as not that many are home owners. Anywhere is ok for renting as you can move. Think carefully about buying, mortgage is cheaper than rent but bigger investment. Drop me a PM if you need to know anything, cheers.
redarmyblues wrote: » Houses in surrounding towns are less attractive rental properties than houses in town and the further out you go the harder it gets. I would be slow to buy in an area like Tubbercurry if I wasn't committed to living there. A semi in town is more of a Goldilocks proposition that would appeal to owner occupiers as well as investors if you decide to sell.
BronsonTB wrote: » This house on daft looks good value - needs renovating but asking price is very reasonable.https://www.daft.ie/sligo/houses-for-sale/tubbercurry/2-gallagher-road-tubbercurry-sligo-2560221/