Today’s Irish Times
ESB writes:
The Irish Times View on Getting on the Property Ladder. We don’t know how well off we are. Part 2. Today: Get lost in the bed-office-pub triangle on Grand Canal Street for €875k… Renovated four-bed near Dublin’s Silicon Docks has potential rent of €57k a year.
Get lost in the bed-office-pub triangle on Grand Canal Street for €875k (Irish Times)
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The guts of a million euro to live right next door to a loud pub, on a busy main road. With half your downstairs space converted into two bedrooms (and its still only a 4bed with that), and no garden.
“Get lost” indeed…
https://www.daft.ie/for-sale/terraced-house-11-grand-canal-street-lower-dublin-2/3647379
It is not exactly overflowing with character anyways.
God I hate spot lights- lights the room up like the inside of a fridge.
Makes for disturbing reading.
So many zombies think this is OK.
The mind boggles.
it’s god awful
They also highlight the less densely populated areas of my scalp.
Did soq just make a non covid comment? Call the angels, stop the clocks!
Love the spot lights comment SOQ :) “…the inside of a fridge” LOL!
Soulless and straight out of IKEA
And not even a real fire
Awesome morkeshing
You really have to hand it to sales people sometimes.
…yeah,imagine the cheek them targeting investors,who can rip off some tech bro’s,should targeted single moms or empty nesters,is that your forte,morketing:)
You’ve been in the Shtates too long, the old irony meter not working too well any more
…just off grafton st for a very lomg lunch,actually,spreading my NY germs around….
Hope you enjoyed it man
We are heading off the edge of a cliff here I’d say if you’ve property assets in Dublin unload them ASAP pal the tech boom is over and is never coming back, it’s like the end of days
RIp off some tech sis’s too. They’re part of the problem.
always wondered if paying so much (if you have the money) is worth it.
could get a gaff for 300k and enjoy the 575k saving on living life.
…1 million all in closed.
income say 50,000 annually.
5% tax free annual return.
leverage it with 2% money-say mortgage of btw 500-750,000 = positive leverage with little or no downside.
what would you get on that 575-where would you put it,5% plus capital apprciation,running at what 10% annually.
….thats very basic back beer mat,but its why investors are lining up and buying them,now,imagine if you had a Irish Govt guarantee backing that rent…..(social housing).
Lol
Look there’s Section 8 in NYC as well man
..a housing choice subsidy or voucher V a 20 year upwards only no bid done in secret Irish govt backed lease,man:)
Brain death happens earlier every year, dinnit?
The property get rich quick plan is a great success. Property bough 7 years ago has increased 250 to 300 %. And can now be flipped tax free. Where would you get that return?
Back to present day renters are desperate and there for the gouging.
What a time to be alive
…prices at or close pre crash,some rebalancing going on at moment.
Dublin’s poo yeah…… a world city with world class women …or…. mullingar
Ah here, we’ve stalls in stables bigger than that – wtf?
I would trust a used car salesman before i would trust an Estate Agent
Three Grand a Month
750 a Week
But some Mug will take it