€4,350/m.
Four thousand, three hundred and fifty euro a month.
North Wall Quay, 10, North Wall, Dublin 1 (Daft.ie)
(Thanks EJ)
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€4,350/m.
Four thousand, three hundred and fifty euro a month.
North Wall Quay, 10, North Wall, Dublin 1 (Daft.ie)
(Thanks EJ)
There is no way in hell that those 45 apartments haven’t passed through the hands of NAMA at some stage. I’d wager that a foreign investor bought the “portfolio” for half-nothing from NAMA, sat on the properties to starve supply and increase demand & rent prices, and now holds a monopoly on overpriced apartments in the area.
And yet the government continues to wash its hands when it comes to the rental & housing crisis.
When you say ‘foreign investor’ , I wonder how ‘foreign’ ….
OK, let’s do the math. It makes sense.
Example: You have a tech employee and his wife here for 12 to 24 month assignment. He’s on 80k.
Pay them 80k through payroll, that costs the company about 90k when you include employers PRSI.
Now get that employee here under SARP, pay him 60k and pay the rent through the company; the company saves money, employee saves money (gets paid more) and everyone’s happy.
Still, it’s an awful place. Awful location. Awful decor. OK if you’re like 25 or something.
Not being rude but you type like an Dublin based Accenture consultant?
“math”
*shudders
You’d be surprised at how badly paid some of those guys are paid. Only the top 10% make it to comfortable suburbia.
By the time you realise you can’t afford your own place, you’re 35 and spent and have nothing to show for it. And there’s 100 new enthusiastic analysts suited and booted fresh off the milkround waiting to take your place.
There’s a certain joie de vivre about you Marian..i cant quite put my finger on what it is…
Is there any apartment in Dublin not decorated in the style of a Travelodge?
Also, a bit pricey for North Wall I would have thought. Unless it’s for the deluxe drug dealer.
A bit pricey!?!?!?!….wow
+1
Buying in bulk from Ikea. Ick.
Ed Norton would love it though.
Welcome to Hell!
Keep the recovery going!
I nearly spat my coffee out at that price…€1200 tops (2 people, €600 each sounds reasonable right?)
You haven’t been renting in Dublin recently, obviously. A friend on North Wall had his two-person apartment raised FM e1400 to e2100 last yard (e1050 each)
Surely claiming THAT as “2 Bedrooms” is false advertising?! It’s 2 beds but they’re in the same shagging room!
+4,350
You’d need a salary of over €96K to pay rent €4,350pm after tax and that’s not allowing for, you know, feeding yourself etc…
How many people on €100K+ would be stupid enough to pay that level of rent??
Hookers. Loads of em.
If you look at the “other properties in the area” tab, there are two beds advertised for €4950. €4350, a steal!
Not to bang on too much but that level of monthly payment would pay a mortgage of over €800K (assuming LTV of 90% and 25 year term).
It is not a two bed apartment. It is an apartment with two beds in one room. Who would pay €26,100 a year to share a bedroom?!
fabswingers.com
I just google mapped the address and its the Citibank building on the quays. Its not even an apartment block. Its Am I missing something here?
It’s a scam, and not even a terrible good one with the foreign phone number on the listing, the implausible price for a listing that isn’t pitched at the fully serviced/corporate let market, the fake address and recycled pics.
And many here took the bait and went off on one. Well done on that.
looks like a Spanish number, someone living it up on de Costa
…going clean, getting into property… :)
Estate agents have thier own alerts to under priced rental properties..call up the landlord to tell them they can get more & relist it.
http://i.imgur.com/k8A7Hkx.jpg
I’d say these are aimed @ corporate rentals ie. Facebook, Google, Financial Institutions etc in the area renting them and putting up staff on long stays from abroad? I’m guessing! A 2 bed terraced house (ex council) on my Ma’s road let last week for €1800 which I though was nuts. This is bizarre.
People who work for tech companies and banks don’t share rooms.
Maybe. But you can get them to share dwellings. Even well into their 30s.
makes Paris look cheap … say what !
SCAM……………..
:-J
So the landlord, with 45 of these, is making €2.35million a year through rent.
And probably paying no tax on that due to being a charity.
Hahaha my iq was dropping just reading these ridiculous comments.
Liar.
There’s no such thing as a negative IQ number.
It would need to drop a lot just to get me into double digits never mind negative but, good burn I tip my hat.
Hold on, North Wall Quay?!? 5k a month for North Wall Quay?
Now I’m laughing. You can a better apartment near The Champs Elysees for a lot less…… Ireland, a country where ‘greed’ married ‘ignorance’ and has ‘poor taste’ as a mistress!
I bet you lived there n all after you got fed up of the cote d’azur that is..mon dieu..mange tout..plonker
No PSR number, no BER, no problem
Guys, its a scam – Move on and dont give it any more of your time
Is it not a good idea to draw attention to scams? So people won’t be taken in? What’s the scam?
Is it a scam or a hoax?
If a scam, how does it work?
It works by putting in no rent controls..”.cant interfere in da moorket.” But they can interfere and put in rules for mortgage deposits, keeping people renting. And Nama..the biggest scam in this country’s history. That’s how the scam works.
If you were running a scam surely you would offer cheap rent to sucker people in. How does asking for crazy money that nobody is going to pay help a scammer? If the apartment isn’t real you might as well rent it to 4 people for €1,500.
Total scam!! Check out the Spanish number> Spotahome is based abroad and people pay before even seeing apartments. Can’t believe Daft.ie have this up.
Pay-to-view, or some sort of deposit?
(Thanks for the link : )
https://www.daft.ie/overseas/estate-agents/spain/spotahome/
It’s called Daft for a reason…
A girl I know told me about her landlord wanting to put up the rent by 400 euro. She was in the apartment almost a year only.
The landlord is a lawyer too. Anyone want the name and firm to avoid the greedy c***.
The greedy fupps want a tax free income and someone else paying for their pension.
The next generation have been thrown to the wolves….well done Noonan. The coffin dodger’s legacy will live on for a long time to come..
here’s the €4,950 version. https://www.daft.ie/dublin/apartments-for-rent/north-wall/north-wall-quay-10-north-wall-dublin-1679325/