Is it worthwhile buying a 1-bed apartment?

amitbha

Hi Guys,

Is it worth buying 1 bed appartment in dublin price for 70K.. new development area 500sq feet ?

Please advise on this....

Thanks,

ABajaninCork

NO!!!

amitbha

can you please share the reasons why you say No..

who_ru

1 bed apts are very difficult to sell later, most people don't like them.

also what are the management fees associated with the apt complex? some can be as high 1500 euro a year, every year.

think before you buy.

eyescreamcone

For what purpose are you purchasing??

To live in longterm - could be good value

To rent out - could be profitable, rents are still good in good areas

To hope value goes up and make a profit - this will only happen in the long term, but will happen eventually.

Caseywhale

If its for investment then yes it is.
10% or more yields to be had on 1 beds. Much better than 2 beds for maintenance, fees, ease of letting etc.

Of course I am talking about the Dublin area only. Out to Bray, Leixlip, Swords. Go no further for any type of property.

andrewg82

you could prob get a 2 bed apartment in the city centre for around the 100k mark if you could stretch it, would be better all round buy. good luck!

amitbha

Basically its like living plus investment for future. I would be living for next 3-4 yrs in this property and later on will put on rent, I would be paying 10k beforehand and rest 60K I have bank approval.
In my thinking I do not see this property at risk even if property market goes down .. In my opinion it wont go low at 50 in next 6 months or so..
the rents are 750 and above in this area where this property is and shopping center is 2 min and luas stop is on door step..
by seeing all these benifits I feel it would be good investment for me.. what you say ?

Thanks,

3DataModem

amitbha wrote: »

Basically its like living plus investment for future. I would be living for next 3-4 yrs in this property and later on will put on rent, I would be paying 10k beforehand and rest 60K I have bank approval.
In my thinking I do not see this property at risk even if property market goes down .. In my opinion it wont go low at 50 in next 6 months or so..
the rents are 750 and above in this area where this property is and shopping center is 2 min and luas stop is on door step..
by seeing all these benifits I feel it would be good investment for me.. what you say ?

Thanks,

1 bed yields are still fantastic in Dublin City. People don't want to buy them as their home, but they are super-easy to rent out especially if a good block.

fasttalkerchat

If its within walking distance of O'Connell street you could get E500 per month from a student for most of the year almost every year. Money back within 15 years and sell it on for the same money or a few quid more. Just check costs for management fees and shared areas.

Also check that the bank allows you to let the house later.

riclad

ITS not an awful investment,as rents are high in that area,
be aware you can buy a 2bed terraced house ,in good nick, no service charges, parking on street ,700sq ft 80k approx.
See www. gwd.ie ,dublin,1,2 city centre area
AND 500sq ft is a good size for a 1bed unit.it s in a very
good location,near luas etc

daltonmd

amitbha wrote: »

Basically its like living plus investment for future. I would be living for next 3-4 yrs in this property and later on will put on rent, I would be paying 10k beforehand and rest 60K I have bank approval.
In my thinking I do not see this property at risk even if property market goes down .. In my opinion it wont go low at 50 in next 6 months or so..
the rents are 750 and above in this area where this property is and shopping center is 2 min and luas stop is on door step..
by seeing all these benifits I feel it would be good investment for me.. what you say ?

Thanks,

70k and it rents for 750? My first reaction is Nooooooooo. But in looking at It again, it must be a good central location to command that rent.

Even if the rent dropped by 250pm you'd still meet your mortgage repayments.

Another plus is that if you are a FTB then you qualify for MIR - this expires in December. It's worth about 50 euro pm for the first year. A 60k mortgage is about 250pm.

If you rented yourself for 500pm over 4 years it would cost you 24k, the MIR could be worth couple of grand that time - 26/27k, buy it for 70k and even if rents drop by 50% you can still cover the mortgage easily.

Yep sounds like a plan to me (never thought I'd hear myself saying that lol)



I think it may be worth a shot, but bear in mind the following:

The banks may view it as a liability if you try to purchase another house in 4 years time. A friend of mine has an apartment, rented every month for the last 3 years, not in NE and he tried to get approval for a family home and the bank wanted him to sell it. They turned him down for the mortgage.

amitbha

I agree that I could buy 2 bed for 80k but the point is those properties are 10 yr or more older in compare to the property that I am seeing which is just 3 yr old and its basiclly in citywest plaza but there is 1000 euro which includes BIN, Home insurance, structural Bond, Parking and general maintain. Maintainence fee per annum, the benift are like near to shopping center, sitywest business campus,, easy to rent out.

ABajaninCork

amitbha wrote: »

can you please share the reasons why you say No..

The reasons why I say no are thus:

1. Apartments will be leasehold. How long is the lease?

2. They are not futureproof. What if your circumstances change - what will you do?

3. You need to factor in management fees. How much, and what does it cover? Is there parking and is there a separate fee to be paid? (i.e. permit)

4. Going on to the build quality:
How old is the flat?
What is the soundproofing like?
What is the general quality of the build like?
Does it meet current building & fire regs? (In view of what happened at Priory Hall, I'd say it's unlikely if it's a Celtic Tiger lash-up...)

And these are just SOME of the reasons why I say on the surface it looks a very poor investment. I wouldn't touch it with a barge pole.

Why not get a few more quid together and buy a house? Much better value for money.

Lantus

Have to say that I'm tired of the 'should I buy' threads starting up. Any chance we get these locked?!? Theres a few a day and they are IMHO pointless. The reasons to buy are the same across all properties as per the many that people have mentioned in their reply.

daltonmd

Lantus wrote: »

Have to say that I'm tired of the 'should I buy' threads starting up. Any chance we get these locked?!? Theres a few a day and they are IMHO pointless. The reasons to buy are the same across all properties as per the many that people have mentioned in their reply.

It's clearly obvious what the threads are so you're not obliged to click and read. Ignore them. Everyone is entitled to ask for advice and everyones situation is different. Just because you are sick of them, that's no reason for threads to be locked.

kaymin

ABajaninCork wrote: »

The reasons why I say no are thus:

1. Apartments will be leasehold. How long is the lease?

2. They are not futureproof. What if your circumstances change - what will you do?

3. You need to factor in management fees. How much, and what does it cover? Is there parking and is there a separate fee to be paid? (i.e. permit)

4. Going on to the build quality:
How old is the flat?
What is the soundproofing like?
What is the general quality of the build like?
Does it meet current building & fire regs? (In view of what happened at Priory Hall, I'd say it's unlikely if it's a Celtic Tiger lash-up...)

And these are just SOME of the reasons why I say on the surface it looks a very poor investment. I wouldn't touch it with a barge pole.

Why not get a few more quid together and buy a house? Much better value for money.

Seems a bit of a rash conclusion to say it is a very poor investment/ wouldn't touch it with a barge pole without knowing the answers to the questions raised. Assuming €750 rent per month with one month vacant per year gives a gross yield of 12% - pretty good going. If the OP plans to live in it for 4 years it reduces the risk further imo - if you have to live in Citywest and would otherwise rent then you'll be paying someone else a 12% yield. Very nice apartments also.

stevedublin

kaymin wrote: »

Seems a bit of a rash conclusion to say it is a very poor investment/ wouldn't touch it with a barge pole without knowing the answers to the questions raised. Assuming €750 rent per month with one month vacant per year gives a gross yield of 12% - pretty good going. If the OP plans to live in it for 4 years it reduces the risk further imo - if you have to live in Citywest and would otherwise rent then you'll be paying someone else a 12% yield. Very nice apartments also.

Are you factoring in income tax, management fees etc. into that 12%?

amitbha

@daltonmd and Kaymin I agree with your points and yes appartment is really nice with nice balcony facing towards wicklow moutains..:)

@Lantus --> if you have nothing to add or say just ignore, anyways I can see very valuable responses from other guys.. I must say this.

Caseywhale

fasttalkerchat wrote: »

If its within walking distance of O'Connell street you could get E500 per month from a student for most of the year almost every year. Money back within 15 years and sell it on for the same money or a few quid more. Just check costs for management fees and shared areas.

Also check that the bank allows you to let the house later.

You'll get a lot more than that.

Caseywhale

stevedublin wrote: »

Are you factoring in income tax, management fees etc. into that 12%?

Note his use of the word Gross.

fasttalkerchat

Caseywhale wrote: »

You'll get a lot more than that.

Probably but as a conservative estimate a student would pay 500 and you would expect to get your money back. Anything else is a bonus.

ABajaninCork

kaymin wrote: »

Seems a bit of a rash conclusion to say it is a very poor investment/ wouldn't touch it with a barge pole without knowing the answers to the questions raised. Assuming €750 rent per month with one month vacant per year gives a gross yield of 12% - pretty good going. If the OP plans to live in it for 4 years it reduces the risk further imo - if you have to live in Citywest and would otherwise rent then you'll be paying someone else a 12% yield. Very nice apartments also.

Why would you say it's rash?? You're assuming a yield of 12%. That's not just good going, I'd say that would be very difficult to achieve given today's market and the anticipated glut of properties (repo's and NAMA) expected to come on stream in the future.

What no-one seems to have taken into account is potential maintenance of the property. How much will need to be factored in? Will the potential let be furnished or unfurnished? If furnished, then you need to take into account the cost of replacing furnishings - bed, couches, washing machine/dishwasher. What happens if the pipes burst or the boiler blows up? Will money be put aside for this?

What about 'fallow' periods between lets? Will the OP be in a position to keep paying the mortgage whilst waiting for another tenant??

I'm assuming, of course the bank will even allow a BTL situation in the future.

Given the above, I'd say I'm not the rash one here...

StillWaters

You were rash, you answered NO!!! As the first reply before any questions were asked and answered. You did not know at that stage if it was an investment or home, age or family status of the OP. You gave a totally blind uninformed judgement.

the_syco

daltonmd wrote: »

Just because you are sick of them, that's no reason for threads to be locked.

It seems odd to me that there has been a surge of people asking about one bed apartments in the past few months...

Caseywhale

the_syco wrote: »

It seems odd to me that there has been a surge of people asking about one bed apartments in the past few months...

Its all about the yield.
Investors have become very interested now.

kennyb3

Can I ask why people think they make great business people in the property sector?

If someone asked you to invest 60k in a company would you?

What make you think you have the qualifications, skills and abilities to make it a good investment? Is this an area you specialise in or are you just gambling?

People seem to think its easy to make money off property and that nothing can go wrong. Have you prepared a business plan - with detailed what if analysis?

Why arent others with more money, experience and qualifications doing the same? Why do you know better?

What if ireland leave the euro in a few years time and interest rates are 10%+?

amitbha

@kennyb3 -- Can I ask why people think they make great business people in the property sector?

If someone asked you to invest 60k in a company would you?

What make you think you have the qualifications, skills and abilities to make it a good investment? Is this an area you specialise in or are you just gambling?

People seem to think its easy to make money off property and that nothing can go wrong. Have you prepared a business plan - with detailed what if analysis?

Why arent others with more money, experience and qualifications doing the same? Why do you know better?

What if ireland leave the euro in a few years time and interest rates are 10%+?

@kennyb3 -- I think you are thinking in wrong direction are you ?

Why would I pay someone else Mortage if I can afford 1 bed for my family to live inn ? do you think this is gamble ? not for me but looks could be for you as you said..

"make money off property " --> its not make money off property it is sensible decesion rather dumping your hard earn money by paying someone else mortage and you don;t get anything out of it at end of day.. does it make sense to you.. may be but not for me.

May be you should go back and rethink on your comments "qualifications, skills and abilities " ? anyways I see most of guys has given good opinion and make sense to me..

if you can't add something that make sense than you may ignore my request.

Do you really think someone who has Moartage of 60k will keep this mortage for 30 yrs and wait until intrest get to 10% as you said and then pay it off ?

Caseywhale

kennyb3 wrote: »

Can I ask why people think they make great business people in the property sector?

If someone asked you to invest 60k in a company would you?

What make you think you have the qualifications, skills and abilities to make it a good investment? Is this an area you specialise in or are you just gambling?

People seem to think its easy to make money off property and that nothing can go wrong. Have you prepared a business plan - with detailed what if analysis?

Why arent others with more money, experience and qualifications doing the same? Why do you know better?

What if ireland leave the euro in a few years time and interest rates are 10%+?

I know lots of people with the money, qualifications and experience who are now getting interested in investing in property again.

Myself, I have done it before. I got in at the right time and out at the right time.
Always with 1 beds too. Well once with a 3-bed house and it was a nightmare for maintenance and to let. 1 beds were hardly ever vacant and cost practically nothing in maintenance.
I think I'm good at it. I always have a plan in everything I do.
I am about to get back in.

To put it simply, I can make 3 - 4% on savings. 5 - 8% in the markets. 10 - 12 % in property. Im maxed out in savings and equities, so im diversifying into what I know again. By my workings its the right time for me.

riclad

IF YOU worked out all expenses ,taxes ,and income per year i see nothing wrong in buying in dublin .
the celtic tiger madness has gone, People were buying houses for 200k, renting 1000 euro per month.The rent didnt pay the mortgage,ah sure its grand, prices will go up forever ,in ten years it,ll be worth 300k plus.
Now they are in negative equity ,paying hundreds extra per month ,with
no profit in sight.
ITS tough being a landlord when your profit per year is zero.
The banks took advantage of greedy stupid people who knew
feck all about investment .

I think theres some good investments out there ,for smart people
who are happy with 5 per cent plus return on capital.
work out if interest rates go to 6 per cent can i afford the mortgage.
You get tax credits for maintenance, buy before december if you want to be able to claim trs tax credit , landlords get 75 percent of standard trs due to owners ,noninvestors.

amitbha

amitbha wrote: »

@kennyb3 -- I think you are thinking in wrong direction are you ?

Why would I pay someone else Mortage if I can afford 1 bed for my family to live inn ? do you think this is gamble ? not for me but looks could be for you as you said..

Your family?!

amitbha

IF YOU worked out all expenses ,taxes ,and income per year i see nothing wrong in buying in dublin .
the celtic tiger madness has gone, People were buying houses for 200k, renting 1000 euro per month.The rent didnt pay the mortgage,ah sure its grand, prices will go up forever ,in ten years it,ll be worth 300k plus.
Now they are in negative equity ,paying hundreds extra per month ,with
no profit in sight.
ITS tough being a landlord when your profit per year is zero.
The banks took advantage of greedy stupid people who knew
feck all about investment .

I think theres some good investments out there ,for smart people
who are happy with 5 per cent plus return on capital.
work out if interest rates go to 6 per cent can i afford the mortgage.
You get tax credits for maintenance, buy before december if you want to be able to claim trs tax credit , landlords get 75 percent of standard trs due to owners ,noninvestors.

I would say you have smart thinking..
Bank do not show much intrest in giving mortage for 1 bed as they think 1 bed apprt are at high risk.. even they only offer 80% of value as a loan. AIB just offering 75%.. does it mean bank do not make huge intret money on 1 bed and this is why they do not offer loan for 1 bed ? in my case I asked for bank offered 60k as loan but condition are like I have to repy back in 10 yr time..

amitbha

Rojomcdojo wrote: »

Your family?!

I meant me and my wife.. who are currently renting a 1 bed for 750 plus bills.

stevedublin

Caseywhale wrote: »

To put it simply, I can make 3 - 4% on savings. 5 - 8% in the markets. 10 - 12 % in property.

Is that 10-12% gross or net?
Its really the net return that matters, please stop using gross figures and passing off as net, its very misleading.

Mr. Loverman

I used to live in Citywest. There are many, many properties for sale and for rent there.

Citywest Business Campus is a bit of a ghost town...

Many ghost estates...

I don't mind the area (Luas, Costa, Dunnes, Eddie Rockets, etc.) but there is quite a good chance you won't be able to rent out the apartment. Many people don't want to live in Citywest as really it is a suburb of Tallaght. You can walk to Jobstown in a few minutes. There are cars on fire, etc. quite regularly. So IMO buying it as an investment is a gamble. Could pay off though...

ABajaninCork

StillWaters wrote: »

You were rash, you answered NO!!! As the first reply before any questions were asked and answered. You did not know at that stage if it was an investment or home, age or family status of the OP. You gave a totally blind uninformed judgement.

How do you know what I was thinking? FWIW, No, I didn't. I gave a short answer. The reasoning was the same as the posts I added later. It would be the same whether the property was for investment or for a home.

Hopefully, I've cleared that up for you...

daltonmd

ABajaninCork wrote: »

Why would you say it's rash?? You're assuming a yield of 12%. That's not just good going, I'd say that would be very difficult to achieve given today's market and the anticipated glut of properties (repo's and NAMA) expected to come on stream in the future.

But the OP is planning to live in it for 4/5 years - they are paying 750pm and are considering a mortgage of 250pm.

That saves them 500pm/12/5 = 30k
They can avail of the MIR - 5/6k (approx over 7 years).
After 5 years thay may have repaid about 10k off the mortgage.

That's about 45k between rent savings, repayment off the mortgage and a tax break that is gone after December.

Or they can pay that 45k in rent.

But either way to put a roof over their heads will cost them 45k.

What they could do is save the 500pm and at the end stick it off the mortgage - which would leave a balance of 20k.

ABajaninCork wrote: »

What no-one seems to have taken into account is potential maintenance of the property. How much will need to be factored in? Will the potential let be furnished or unfurnished? If furnished, then you need to take into account the cost of replacing furnishings - bed, couches, washing machine/dishwasher. What happens if the pipes burst or the boiler blows up? Will money be put aside for this?

Please see above, with a bit of smart thinking the OP can make this work.

ABajaninCork wrote: »

What about 'fallow' periods between lets? Will the OP be in a position to keep paying the mortgage whilst waiting for another tenant??

ABajaninCork wrote: »

I'm assuming, of course the bank will even allow a BTL situation in the future.

Given the above, I'd say I'm not the rash one here...

Oh you jumped out of the trap like a rocket - you gave your answer without doing your homework.
You're adding things here regarding renting - presuming really that the OP hasn't done any homework, when in fact he has and part of that homework is coming onto forums to get different views, in case he's missed anything.

The worst case scenario for the OP is that rents reduce by 75% and apartments fall by about another 90% and both he and his wife lose their jobs - which may happen, I'm not saying any of this is impossible.



But he still has somewhere to live, somewhere that the mortgage would, (even with multiple interest rate rises) still be less than 400pm

And even if the dole reduced by 50%, they could STILL repay the mortgage.


People are looking for advice, for the most part they have made up their minds visiting these forums educates them a little more and if it's a bad investment and they go ahead then they can blame no-one else but themselves.

But, if it looks like an investment where even in the worst case scenario they'll still be ok, then people here will let them know.

ABajaninCork

*sigh*

I presumed nothing. OP asked a question. I gave an answer. OP asked me to share my reasoning. I did. By reasoning, I mean that I thought about what I was posting as I am sure you have when posting. I am entitled to my opinion as you sir/madam are entitled to yours.

I'm getting seriously bored with this, so I'm bowing out of this thread in the sincere hope that the OP comes to a decision he's happy with. With or without input from anyone on here.

amitbha

daltonmd wrote: »

But the OP is planning to live in it for 4/5 years - they are paying 750pm and are considering a mortgage of 250pm.

That saves them 500pm/12/5 = 30k
They can avail of the MIR - 5/6k (approx over 7 years).
After 5 years thay may have repaid about 10k off the mortgage.

That's about 45k between rent savings, repayment off the mortgage and a tax break that is gone after December.

Or they can pay that 45k in rent.

But either way to put a roof over their heads will cost them 45k.

What they could do is save the 500pm and at the end stick it off the mortgage - which would leave a balance of 20k.


Please see above, with a bit of smart thinking the OP can make this work.





Oh you jumped out of the trap like a rocket - you gave your answer without doing your homework.
You're adding things here regarding renting - presuming really that the OP hasn't done any homework, when in fact he has and part of that homework is coming onto forums to get different views, in case he's missed anything.

The worst case scenario for the OP is that rents reduce by 75% and apartments fall by about another 90% and both he and his wife lose their jobs - which may happen, I'm not saying any of this is impossible.



But he still has somewhere to live, somewhere that the mortgage would, (even with multiple interest rate rises) still be less than 400pm

And even if the dole reduced by 50%, they could STILL repay the mortgage.


People are looking for advice, for the most part they have made up their minds visiting these forums educates them a little more and if it's a bad investment and they go ahead then they can blame no-one else but themselves.

But, if it looks like an investment where even in the worst case scenario they'll still be ok, then people here will let them know.

Thanks Buddy.. for such explanation, I had done more or like same calculations by considering worst case scenario... by the way I want to say that bank has offered mortage of 60k for 10 yrs.. time, still it is good deal.. anyways I wont be holding off mortgage for longer time.. you are right i would also be having benift of MIR which work out at 42euro each month. which is not that bad fair enough.

Do you guys also suggest some good solicitor ..i shop around and all cost between 750 - 850 excluding VAT plus all Govt Fee stamp duty.. altogether make around 2500 euro to close all paper work.
thanks again..

the_syco

amitbha wrote: »

I meant me and my wife.. who are currently renting a 1 bed for 750 plus bills.

Unless you've gotten the snip, IMO you should buy a two bed rather than a one bed.

StillWaters

OP, I would advise a mortgage over a longer period, 20 years. On your sums, it's perfectly possible to repay it over 10 years or less, and you should aim to do so. Mortgage free living is fantasic, but a longer period allows more flexibility, some slow months for a treat, some months when you fire money at it.
You will need a variable rate mortgage for this.

amitbha

StillWaters wrote: »

OP, I would advise a mortgage over a longer period, 20 years. On your sums, it's perfectly possible to repay it over 10 years or less, and you should aim to do so. Mortgage free living is fantasic, but a longer period allows more flexibility, some slow months for a treat, some months when you fire money at it.
You will need a variable rate mortgage for this.

yes buddy.. I understand your point..but bank not willing to give for longer period so i can't do anything.. intensions are to repay sooner and live mortage free would result in some savings after free..

riclad

I presume you d,ont want a loan for 100k plus, or would prefer to invest 70k .IT doesn,t suit everyone to buy a 2bed apartments,
eddie hobbs says on radio, banks look at can you afford to pay loan at 6 per cent interest rates.
IF you borrow 120 ,you end up paying 240k plus.

Caseywhale

stevedublin wrote: »

Is that 10-12% gross or net?
Its really the net return that matters, please stop using gross figures and passing off as net, its very misleading.

Nobody is trying to mislead anybody. Read further up the thread.
All those figures are gross.
I think you'll find that very few people talk in NET terms - at least anyone who knows anything.
The reason people who have any idea about the mechanics of financial dealings always talk in gross terms is that gross is the same for everyone. Net will be different for everyone.

eg, I wont need a mortgage if I dont want one for investing in an apartment, but i'll get one as high as I can get and for as long a period as I can get anyway because I can NET more by doing that. If the position changes that I would be better off without a mortgage, i'll pay it off. There are other things i'll be doing also to increase my NET figure.
I will also pay an agent 8% to look after the whole thing for me. That will decrease my NET a bit. But there will be practically no work involved for me then.

Person B might have other ways to increase their NET.
Our GROSS will be the same though, so it makes no sense to speak in NET figures.

Caseywhale

riclad wrote: »

I presume you d,ont want a loan for 100k plus, or would prefer to invest 70k .IT doesn,t suit everyone to buy a 2bed apartments,
eddie hobbs says on radio, banks look at can you afford to pay loan at 6 per cent interest rates.
IF you borrow 120 ,you end up paying 240k plus.

Would this be the same Eddie Hobbs who had a program where he told people to remortgage, remortgage, remortgage every week
And invest in property in Cape Verde?

He's smart one he is. Dont know how he can show his face anymore.

riclad

WELL i dont his previous history or advice, re ,eddie hobbs, i just hear him giving very realistic down to earth commentary on the banks ,the financial crisis .
And he, seems happy to criticise the banks, government and nama
in favor of the average consumer,and to point out
how we are getting ripped off by large companys or semi state bodys.
I think that russian ,economist Constantin Gurdgiev, who is always on the radio
is the best commentor on the economy as he has scant respect for bankers ,politicians and civil servants who caused the crash.

fasttalkerchat

Caseywhale wrote: »

Would this be the same Eddie Hobbs who had a program where he told people to remortgage, remortgage, remortgage every week
And invest in property in Cape Verde?

He's smart one he is. Dont know how he can show his face anymore.

It made sense to do that at one point. It was a gamble which paid off for many poeple. The ones who were caught out are the ones who owned more than one house at a time and just got greedy.

lima

FYI I'm renting a 1br in town (Dublin) for e950pm, currently looking for a new place and budgeting for 900-1100 per month... and it's very hard to find a place!

I am seriously considering buying a 1br in Dublin too (with a large deposit nonethelesss)

OP let me know how you get on!

amitbha

lima wrote: »

FYI I'm renting a 1br in town (Dublin) for e950pm, currently looking for a new place and budgeting for 900-1100 per month... and it's very hard to find a place!

I am seriously considering buying a 1br in Dublin too (with a large deposit nonethelesss)

OP let me know how you get on!

Lima, its a long process to get deal closed.. will let you know ..

Dannyboy1987

How have you got on to date !!

amitbha

Dannyboy1987 wrote: »

How have you got on to date !!

Yes, Guys I manage to get all done but it was hectic process, the other side was not so responding in paper work. I close the deal in 75K 1 Bed Appartment in Citywest:)

Thanks,