Buying property as an investment

theluke79

Hi!

I ask you help to point me in the right direction, I would like to invest around EUR 150K into an apartment that I would be renting out.

I was thinking to buying around September, in Cork or Galway, something central, easily manageable and obviously very easy to rent.

What do you think? Where should I start looking?

Do you have any positive experiences with "purchasing groups" , where you are part of a rental pool?

Thank you!

callaway92

Honestly, if you look through any recent threads it's a dead investment (in my opinion anyway).

Put your money into government bonds if you want a safe, steady profit for the future.

theluke79

I do appreciate the answer, thank you.

Can you point me towards a couple of sources of info to get myself an idea?
Thanks!
L

Samuel T. Cogley

theluke79 wrote: »

I do appreciate the answer, thank you.

Can you point me towards a couple of sources of info to get myself an idea?
Thanks!
L

Search function here.

Also look at the rent increase mega thread.

GGtreks posts have sparked some lively debate.

CIARAN_BOYLE

Where do you live. Its only easily manageable if you are local to the property.

theluke79

I found my answers.... Thread can be closed.

Better off investing in Luxembourg or into an irish REITs