We're buying a castle, whose in?

cenvuza7fg9kx5 · 28-05-2011 11:21AM #1

http://www.myhome.ie/residential/brochure/busherstown-house-moneygall-co-offaly/1248452

Heres the deal:

2800 ordinary shares @ 250euro each = 700k

It's listed for 695k, was 1.3m not long ago, includes a tennis court and would probably go for less. Drum up more investors....

I was thinking a kind of retreat/festival/youth hostel/campsite kind of thing. It would be great for boardsies, you could organise weekends on the nights out, organise busses from Dublin.

nxbyveromdwjpg · 28-05-2011 11:24AM

How many threads can one property ad generate?

Eric Cartman · 28-05-2011 11:28AM

i get a room in a turret that i get to lean out the window with a shotgun

mikemac · 28-05-2011 11:29AM

You forgot the most important part

How many acres of grassland?
I didn't see that on the ad, maybe I missed it

Lapin · 28-05-2011 11:32AM

Dream Hallowed Barge wrote: »

....... organise busses from Dublin.

I was on for investing until you mentioned that bit.:D

cenvuza7fg9kx5 · 28-05-2011 11:32AM

ah its only 10 acres, might have to leave out the festival part. Would be good money to rent it to couples getting married though!

Absurdum · 28-05-2011 11:33AM

No offence guys 'n' gals, but I ain't sharing with 2799 of you morons

RachaelVO · 28-05-2011 11:33AM

I'm in! There could be endless possibilities there!:D

Cianos · 28-05-2011 11:34AM

You're already offering them more than it's listed price? This isn't for me, best of luck with it, you're a great guy but sadly, I'm out.

gonedrinking · 28-05-2011 11:34AM

I'm in but I don't want festivals to be held there, why would I want a bunch of stinking students pissing all over my pristine estate

cenvuza7fg9kx5 · 28-05-2011 11:36AM

You're already offering them more than it's listed price? This isn't for me, best of luck with it, you're a great guy but sadly, I'm out

Solicitor fees etc.

Thoie · 28-05-2011 11:40AM

That's 560 people per bathroom - the shower rota would be a nightmare - everyone gets only 2.5 minutes in the bathroom per day!

shefra · 28-05-2011 11:40AM

Im in, I've got a wardrobe full of vintage clothes that i'm just dying to wear as i stroll into the morning room, the ballroom, the long room , the short room... I can't wait:D

WoollyRedHat · 28-05-2011 11:42AM

Cianos wrote: »

You're already offering them more than it's listed price? This isn't for me, best of luck with it, you're a great guy but sadly, I'm out.

The first Dragon leaves the den, Dub Shanes still feels pretty optimistic however with 7-2 currently interested

What will you do about the locals Dub Shane?

cenvuza7fg9kx5 · 28-05-2011 11:46AM

What about the locals?

I'm sure they'd like the extra revenue from tourists, visitors etc.

ArtyM · 28-05-2011 11:48AM

Dream Hallowed Barge wrote: »

2800 ordinary shares @ 250euro each = 700k

How much for the extraordinary shares - the ones that let us hunt & shoot the ordinary folks?

It wasn't me! · 28-05-2011 11:49AM

Personally I'm more interested in this one. And no, not sharing.

ArtyM · 28-05-2011 11:54AM

It wasn't me! wrote: »

Personally I'm more interested in this one. And no, not sharing.

Thats amazing, but these guys would kind of freak me out

ejmaztec · 28-05-2011 11:56AM

It wasn't me! wrote: »

Personally I'm more interested in this one. And no, not sharing.

Quite useful in Spain right now, for protecting yourself from rioting peasants looking for jobs.

stupidusername · 28-05-2011 11:58AM

I'm in!

when does the orgy start?

gonedrinking · 28-05-2011 12:05PM

Thoie wrote: »

That's 560 people per bathroom - the shower rota would be a nightmare - everyone gets only 2.5 minutes in the bathroom per day!

We won't all be there at once, you can come and go as you please. It'll be a spot where we can kick it, where we can drink liquor and no one bickers over trick sh1t.

It'll also be a place where we can draw up plans for a new political party, it will be Irelands first right wing political party.

argosy2006 · 28-05-2011 12:13PM

How about 10 people at 69,500 each , then i,m in

Seloth · 28-05-2011 12:28PM

What about the non dubs who want a bus lift

....I CALL KING!

Dionysus · 28-05-2011 12:29PM

Won't somebody state the obvious: it's not a castle.

stupidusername · 28-05-2011 12:32PM

Seloth wrote: »

What about the non dubs who want a bus lift

....I CALL KING!

ooh I call QUEEN!

:D:D

all praise me

Elisabeth Blanctorche · 28-05-2011 12:32PM

Afaik you can't just buy a property with loads of people like that. Tried it years ago and the legal paperwork fell through. No shares either because it's a private residential property not a company.

WoollyRedHat · 28-05-2011 12:32PM

What happens when the rowdy type start bringing their equally rowdy train and somebody ends up getting mad.

stupidusername wrote: »

ooh I call QUEEN! :D:D

all praise me

Sorry but you can't be queen of more than one place at once!

I call knight

seoirserob · 28-05-2011 12:34PM

3000 flatmates . . . that's one helluva party!

Nevermind_ · 28-05-2011 12:55PM

Elisabeth Blanctorche wrote: »

Afaik you can't just buy a property with loads of people like that. Tried it years ago and the legal paperwork fell through. No shares either because it's a private residential property not a company.

Not even remotely true, your solicitor must have been a bit thick.
Set up company, company issues shares, people buy shares and give money to company, company purchases the property pays the stamp legals etc.
Its actually quite simple.
Only issue is choosing the directors and the board!!!

Oh and I'm out too!!!:p

ilovesleep · 28-05-2011 12:56PM

Im the princess, ok.

Does this place have a dungeon? Serious question. I want to know

Ficheall · 28-05-2011 01:05PM

I'm in.

What's the deal with insurance, rates, upkeep, etc though?

We're buying a castle, whose in?

Will you invest??? 34 votes

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