Custom House Harbour, IFSC, Dublin 1 apartment property ad, unidentified source, 1994
‘Riverdance? Never catch on.’
Via Brand New Retro tweetz::
1994 advert. Custom House Harbour Dublin 1 apartments for sale. From £49k to £89k…
Paul McDermott adds:
One sold for 445k in June!
Good times.
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And with 100% Section 23 tax breaks it meant the final net cost of the units were about 50% less than the stated prices. Good times indeed.
In fairness, buying a flat on Sheriff St. in ’94 was a bit of a punt; 25 years later and gentrification is just about starting to make inroads.
That area will never gentrify. The one sold for 445 was most likely to an investor, that would yield 5% gross.
are you saying people weren’t drinking champagne al fresco in full evening wear around sherriff st in the mid 1990s?
while….”far below you, in another world, people mill around in a hum-drum existence”.
How the creatives kept a straight face is another of life’s mysteries.
Anyone got a time machine I could borrow?
If i knew then what i know now…
Doesn’t beat the “Something going on at Belmayne” crap in 2006
Oh those Belmayne adds were a hoot….. lush looking ladies sprawled across a chaise longue or two….
With hindsight 1994 was the optimum time to buy.
Interest rates had dropped to 7.5% (from 14% the previous two years) and would continue to fall for the next few years.
House prices hadn’t reflected the drop in interest – average house price was only €71K… this more than doubled to €156K within 5 years! And doubled again (€302K) by 2005!
Buy in 1994 or 2019, makes no difference. The Left will still hate you.