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21-09-2020, 10:57   #1
Gael23
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220k budget in Dublin

Single First time buyer looking for a place in Dublin. I realise for this money it will be a 1 2 bed apartment but looking for adobe on areas to look in or avoid.

I don’t want to be so far out in a place like Balbriggan or Rush where it takes hours to get into work. Can go to €220k but that’s doesn’t stretch
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21-09-2020, 11:00   #2
Eric Cartman
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1 bed apartment will require 25% down and still be harder to get a mortgage , just so you're aware.
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21-09-2020, 11:03   #3
mariaalice
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https://www.myhome.ie/residential/du...ale-in-finglas

https://www.myhome.ie/residential/br...lin-11/4448167

Instead of taking an opinion from the internet go up a few times day and night and see what you think.

Public transport is very good in Finglas and it has a lot of older settled parts.
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21-09-2020, 11:05   #4
Gael23
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1 bed apartment will require 25% down and still be harder to get a mortgage , just so you're aware.
I have well over what savings I would need for a deposit but it’s the 3.5 times salary rule that is the issue.
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21-09-2020, 11:20   #5
Eric Cartman
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I have well over what savings I would need for a deposit but it’s the 3.5 times salary rule that is the issue.
then you're grand, most just don't realise the higher deposit for 1 beds, if possible id try get a 2 bed as much easier to resell, more room and if you ever needed some cash you can rent a room.

of whats up at present, this would be my pick : https://www.myhome.ie/residential/br...lin-12/4455136

its a spacious 72m2 , near transport and not far out of the city. The area's not great but better than ballymun or some parts of finglas.

Last edited by Eric Cartman; 21-09-2020 at 11:24.
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21-09-2020, 11:38   #6
Gael23
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then you're grand, most just don't realise the higher deposit for 1 beds, if possible id try get a 2 bed as much easier to resell, more room and if you ever needed some cash you can rent a room.

of whats up at present, this would be my pick : https://www.myhome.ie/residential/br...lin-12/4455136

its a spacious 72m2 , near transport and not far out of the city. The area's not great but better than ballymun or some parts of finglas.
I have been looking at that😄 My issue isn’t there doesn’t seem to be any shops etc that near it. I can put in 40-50k cash so it derives on banks moving a bit on the 3.5x rule
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21-09-2020, 11:43   #7
SEPT 23 1989
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I would keep saving
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21-09-2020, 11:48   #8
theteal
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I have been looking at that�� My issue isn’t there doesn’t seem to be any shops etc that near it. I can put in 40-50k cash so it derives on banks moving a bit on the 3.5x rule
I've not been around that way for a good decade but there was a Spar, pub, restaurant, chemist, gym and a few other bits just there off the little roundabout. In fact I had my laser eye surgery in a place there too now that I recall. I still wouldn't say it's a great area but perhaps that's changed.
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21-09-2020, 11:54   #9
Gael23
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I would keep saving
What’s a more realistic budget? I realise I’m looking at 2 bed apartments, nit a home for life.

I can save about €500 a month

Last edited by Gael23; 21-09-2020 at 11:58.
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21-09-2020, 11:55   #10
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Im wondering regarding my own situation if you had the 50k deposit but didn't have a permanent job but were making very good money as a contractor would the banks turn you down ?
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21-09-2020, 22:31   #11
Gael23
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Originally Posted by Eric Cartman View Post
then you're grand, most just don't realise the higher deposit for 1 beds, if possible id try get a 2 bed as much easier to resell, more room and if you ever needed some cash you can rent a room.

of whats up at present, this would be my pick : https://www.myhome.ie/residential/br...lin-12/4455136

its a spacious 72m2 , near transport and not far out of the city. The area's not great but better than ballymun or some parts of finglas.
Looked more into this place, there’s a reason why it’s that price, on one side its wheatfield prison and the other a halting site. Then a train line in between.

Disappointing because it’s exactly my style of place
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22-09-2020, 12:10   #12
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What’s a more realistic budget? I realise I’m looking at 2 bed apartments, nit a home for life.

I can save about €500 a month
People seem to have a view that an apartment is temporary, whereas a house is a home for life.

There's really very little difference in price in my experience, especially in Dublin. If you're limiting your searches to apartments because you think it's a more realistic goal for you, I'd start including houses in my searches too.
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22-09-2020, 12:18   #13
brisan
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Single First time buyer looking for a place in Dublin. I realise for this money it will be a 1 2 bed apartment but looking for adobe on areas to look in or avoid.

I don’t want to be so far out in a place like Balbriggan or Rush where it takes hours to get into work. Can go to €220k but that’s doesn’t stretch
https://www.myhome.ie/residential/du...axprice=225000

If 220 is the max then start on page 4
Or maybe bid 220 on anything you like

Couple of 2 beds in Clongriffin and you are max 10mins to DART and the 15 Bus which goes across city

Last edited by brisan; 22-09-2020 at 12:22.
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22-09-2020, 12:31   #14
Gael23
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Originally Posted by true-or-false View Post
People seem to have a view that an apartment is temporary, whereas a house is a home for life.

There's really very little difference in price in my experience, especially in Dublin. If you're limiting your searches to apartments because you think it's a more realistic goal for you, I'd start including houses in my searches too.
Would really prefer a house but not at the expense of location. Saw a really nice 2 bed apartment online yesterday but in investigation the area is a total hellhole.

There’s a 1 bed going for 210k in Stepaside just around the corner from where I’m now renting but it is quite small.
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22-09-2020, 13:29   #15
rachaelf750
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Have a look on bidx1.

https://bidx1.com/en/en-ie/auction/results
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