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Your aunt leaves you 300K Euro in her Will

Nomis21

Your Aunt dies leaving you 300K Euro in her Will.

The only stipulation is that you must use 90% minimum of the money to buy a property in Ireland or anywhere in the World but you can't sell the property in your lifetime.

You don't have to live in it if you don't want to.

Where would you buy the property? And Why?

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[Deleted User]

bear1 wrote: »

I'd buy this

http://www.daft.ie/kerry/houses-for-sale/ballyheigue/ocean-view-ballyheigue-kerry-1104709/

I spend most of my summers in Ballyheigue. The family have a mobile home down there. Absolutely lovely spot in the summer but you couldn't pay me to stay there during the winter.

Graces7

Snotaul Goodman wrote: »

I spend most of my summers in Ballyheigue. The family have a mobile home down there. Absolutely lovely spot in the summer but you couldn't pay me to stay there during the winter.

Ah i would be the exact opposite.. LOVE the winters here off season with empty roads and the quietude and peace. Hate the summers! Had visitors last June and took them to Dingle and NEVER AGAIN in season...shudders!

[Deleted User]

Graces7 wrote: »

Ah i would be the exact opposite.. LOVE the winters here off season with empty roads and the quietude and peace. Hate the summers! Had visitors last June and took them to Dingle and NEVER AGAIN in season...shudders!

I'll rent you out a mobile home in Ballyheigue from September to April so. Supply your own electricity and water. Decking could do with a lick of varnish. €20 a week. :pac:

[Deleted User]

bear1 wrote: »

I'd buy this

http://www.daft.ie/kerry/houses-for-sale/ballyheigue/ocean-view-ballyheigue-kerry-1104709/

Gosh that is nice. You wouldn't get a wood pallet for that in Dublin.

kazamo

How about buying some land such as this

http://www.lisney.com/commercial-properties/development-land-property-in-land-at-kilakee-rathfarnham-dublin-16/16632

Costs 295k and listing says it allows for rural residential so building a house or two on 36 acres seems feasible. View not bad either

bear1

kazamo wrote: »

How about buying some land such as this

http://www.lisney.com/commercial-properties/development-land-property-in-land-at-kilakee-rathfarnham-dublin-16/16632

Costs 295k and listing says it allows for rural residential so building a house or two on 36 acres seems feasible. View not bad either

Looks nice but if we are only able to spend 270k (90%) then I'd go for the Kerry one.

TeaBagMania

What happens when your wife takes the house in the divorce?

(This actually happened to a friend of mine)

Nomis21

TeaBagMania wrote: »

What happens when your wife takes the house in the divorce?

(This actually happened to a friend of mine)

Tough luck. That would be your fault if you were stupid enough to marry a bitch.

bear1

TeaBagMania wrote: »

What happens when your wife takes the house in the divorce?

(This actually happened to a friend of mine)

This my friend is where Pornhub and whiskey come in hand (pun intended).

smash

job seeker wrote: »

*eehhh eeeeeeh sound*

90% of 300k is not a tenner...

Thanks captain obvious. We've already covered that.

smash wrote: »

Ah ffs. There's always a spanner in the works. I didn't even consider the 90% rule

bnt

I have friends in the USA with a huge house and a mortgage to match ... so I'd pay that off and go and live with them. I've bought the house, they can pay for my upkeep, and I'll spend the rest of my days writing or whatever.

Capt'n Midnight

If you can't sell it until you die you you could arrange to fund your lifestyle by selling it afterwards.

It's always nice to see a scheming lawyer taken advantage of by a little old lady.
https://en.wikipedia.org/wiki/Jeanne_Calment

In 1965, at age 90 and with no heirs, Calment signed a deal to sell her apartment to lawyer André-François Raffray, on a contingency contract. Raffray, then aged 47 years, agreed to pay her a monthly sum of 2,500 francs until she died. Raffray ended up paying Calment the equivalent of more than $180,000, which was more than double the apartment's value. After Raffray's death from cancer at the age of 77, in 1995, his widow continued the payments until Calment's death.

stoneill

bear1 wrote: »

I'd buy this

http://www.daft.ie/kerry/houses-for-sale/ballyheigue/ocean-view-ballyheigue-kerry-1104709/

Tap is leaking -imagine the water charge.

Graces7

Snotaul Goodman wrote: »

I'll rent you out a mobile home in Ballyheigue from September to April so. Supply your own electricity and water. Decking could do with a lick of varnish. €20 a week. :pac:

I may take you up on that if what my landlord ranting what he intends to do with this house erupts!! I have a dog and five cats

Pictures please!!

Graces7

TeaBagMania wrote: »

What happens when your wife takes the house in the divorce?

(This actually happened to a friend of mine)

Simples! On the small island where i lived, a man built a modern five bedroomed bungalow for himself and his other half. When they split he went in with a bulldozer and destroyed it, levelled it to the ground so she would not get it, All the local authority said afterwards was that they did not think he had permission to do that!

Sam Kade

Six pages long and plenty people who never heard of inheritance tax including the op :rolleyes:

bear1

Sam Kade wrote: »

Six pages long and plenty people who never heard of inheritance tax including the op :rolleyes:

Cause it's a bit of fun Senor Kill Joy.

smash

Sam Kade wrote: »

Six pages long and plenty people who never heard of inheritance tax including the op :rolleyes:

Everyone's heard of inheritance tax. Stop trying to suck the fun out of the thread!

Sam Kade

bear1 wrote: »

Cause it's a bit of fun Senor Kill Joy.

Welcome to reality.

bear1

Sam Kade wrote: »

Welcome to reality.

And welcome to light hearted chat.

Sam Kade

smash wrote: »

Everyone's heard of inheritance tax. Stop trying to suck the fun out of the thread!

Yeah right

smash

Sam Kade wrote: »

Welcome to reality.

You must be awesome to hang around with at parties.

bear1

smash wrote: »

You must be awesome to hang around with at parties.

Nomis21

Sam Kade wrote: »

Six pages long and plenty people who never heard of inheritance tax including the op :rolleyes:

I should have said that my Auntie lives overseas in a country where there is no inheritance tax!

Graces7

Nomis21 wrote: »

I should have said that my Auntie lives overseas in a country where there is no inheritance tax!

But YOU are here and getting the legacy so YOU MUST PAY!!

Seriously is that not so?

bear1

Ah lads come on. Do we need to turn this thread into legal thread?

maudgonner

I'd raid the piggy bank and search under the couch cushions for a bit of change to put with it and buy this humble abode.

Then lord it over you peasants. Plus, I'd have zip lining and zorbing in my front garden, cool!

bear1

maudgonner wrote: »

I'd raid the piggy bank and search under the couch cushions for a bit of change to put with it and buy this humble abode.

Then lord it over you peasants. Plus, I'd have zip lining and zorbing in my front garden, cool!

Is the 10 million for County Mayo? I'd go demented in that house :pac:

maudgonner

bear1 wrote: »

Is the 10 million for County Mayo? I'd go demented in that house :pac:

No bother, there's dungeons that you could be locked up in when you go mad. They've thought of everything! :pac:

kfallon

maudgonner wrote: »

I'd raid the piggy bank and search under the couch cushions for a bit of change to put with it and buy this humble abode.

Then lord it over you peasants. Plus, I'd have zip lining and zorbing in my front garden, cool!

I hope you have loads of aunts on their deathbed ready to croak it!!!