I hope they get inundated at the weekend with people wanting to buy it for €165k. And I hope that they get yelled at, a lot, by people who have driven to Cavan to see the houses.
I hope they have their Sat Nav’s cause when they reach cavan town they still have about 50-60mins to drive which includes going through Enniskillen, so its at least 3 hours from dublin. nice part of the country though.
What about the waterside homes being advertised in Keshcarrigan Co. Leitrim on Newstalk and Today FM ‘90 minutes from Dublin’…
If that was true i’d buy one myself, if you check out any routeplanner its 2hr 25mins and 167km, are sherry fitz telling us we should break speed limits?
ewd decided to try and drag the thread off topic, I merely replied!
From the BOI calculator, €280k over 25 years (longest period given for investor motgages), the lowest repayment rate applicable is €1,618.95 (1 year fixed).
Does it cover the interest costs of the mortgage? Even using your own figures it will cost him €119 pm=1428 p.a, plus annual service charge of say 1600. Ends up with a very centrally located apt, that has cost him €75k after 25 years(in todays values, now it will certainly be worth a lot more than 75k in 25 year)