Interestingly this was â‚¬560,000 on 2 May 2007
18.104.22.168/search?q=cache:Z1 … cd=1&gl=ie
Changed estate agent on 2 June 2007 but did not drop price, now have dropped price (insignificantly)
I have noticed a few properties where the price has not changed but the EA has changed
myhome.ie/search/property.as … earchlist=
still 550,000 but moved to daft:
2 Neighbours on myhome with 2 bedrooms:
540,000: 130 Pembroke Square, Upper Grand Canal Street, Dublin 4
580,000: 135 Pembroke Square, Grand Canal Dock, Dublin 4
same on daft: www5.daft.ie/searchsale.daft?id=315668
another neighbour on daft with 2 bedrooms:
630,000: 183 Pembroke Square, Ballsbridge, Dublin 4, South Dublin City
Now 500k after 21 months on the market.
c€700 per sq/ft.
Far too much.
Rents in these are fetching c€1200 per month.
At €390k, this equates to 3.7%.
Take into consideration management fees and general charges/bills (e.g. €2k pa) and the yield collapses to c3%.