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What is your budget?
If owners don't pay management fees or fees for remedial works etc. they won't be able to sell the property, so ultimately it castches up with them. Re a sinking find of 300k being achievable (somebody above mentioned it) if there are 100 apartments in a developments, that's 3k per apartment - very
Lots of benefits to apartment living - greater security, lower heating bills, low maintenance etc. A lot of the negatives that people list can also apply to houses, especially smaller houses which would probably be the alternative on your budget. I have friends living in small terraced houses who ha
I thought by law solicitors had to quote fees up front for conveyancing?
Just to keep in mind, what if you do manage to purchase the new home, and then have difficulty selling your original property e.g. not being able to find a buyer at the price you need, or if you ran into unforeseen legal/title issues etc. It might actually be less stressful to sell at the same time
Bedrooms? In a 350 sq foot 2 story house? Given the wasted space with stairs and landing etc. I am very surprised there is more than one bedroom
Would second this - 4k for a 3 bed sounds like immaculate condition properties in the likes of ballsbridge etc, which would sell for way more than 550k so either your property valuation is too low, or your rent is overstated. A yield of nearly 9% is very difficult to get in today's market especially
Personally, I would go for a 2 bed apartment somewhere in the Dublin suburbs but that may not be an option for you
Those apartments also have an excellent reputation re build quality - many would see them as some of the finest apartments in Limerick, and an excellent location to boot
I think it depends on the individual EA. As a buyer, several EAs didn't return my calls or follow up after bids, left me waiting etc. If I was the vendor I would not be happy with an EA treating potential buyers like that, it caused me to lose interest in the properties. The guy I bought off was ve
Would agree with this, and it really depends on the set-up and specifics. There could be lift maintenance, on-call arrangements, electric gates to service and repair, servicing of fire alarms (which may be required for insurance), parking permits etc. Personally I don't mind paying €150 a year for a
Bring it up at the next AGM - as an owner *you* (and the other ownsers) are the management company so can make these decisions - usually goes by a majority vote at meetings, but there may be other channels for more immediate action
Trees road is clearly in the mount merrion townland map you linked to as far as I can see?
In fairness it's the far side of Oatlands - not along the N11 so it is just off Tress Road etc. which is Mount Merrion for sure
Very unlikely I know, but what if something has come to light just in the last few months that would be missed by the original surveyor? For peace of mind and the sake of €50 I would go with somebody who will do it from scratch tbh