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Author Went visiting this place today...
Robbo
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Registered: 6th Aug 02
Location: London
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31st Aug 09 at 22:10   View User's Profile U2U Member Reply With Quote

http://www.wyckhampoint.ie

Had a look at the 2 bed show-apartment... stunning! 2 beds start at €339k but the nicer ones on a higher floor are €359k... €1,250 a month over 35 years... the (gorgeous) sales girl gave me a number of some broker dude to call so will try him tomorrow

These were priced at €540k when the frist release went on the market 18 months ago... thats £500k+ at todays exchange rate
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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31st Aug 09 at 22:13   View User's Profile U2U Member Reply With Quote

They do look rather impressive!
Colin
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Registered: 4th Apr 02
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31st Aug 09 at 22:20   View User's Profile U2U Member Reply With Quote

Would never spend that much on a flat/apartment!!
Lawrah
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Registered: 25th Dec 04
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31st Aug 09 at 22:23   View Garage View User's Profile U2U Member Reply With Quote

Yeah thats crazy, Could get a rather nice Mansion for that.
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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31st Aug 09 at 22:23   View User's Profile U2U Member Reply With Quote

City centre living is though Colin.

If I had the money, Id certainly buy a much flashier pad in the city (something like a penthouse duplex or triplex).
J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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31st Aug 09 at 22:24   View User's Profile U2U Member Reply With Quote

Looks very nice, I don't do city living though, more of a secluded wood area man myself.
Colin
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Registered: 4th Apr 02
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31st Aug 09 at 22:28   View User's Profile U2U Member Reply With Quote

City centres just full of pricks in suits that think their important in their office job....its not for me Cosmo's

I'd buy a farmhouse/barn/swiss style timber-glass house for 350k a 2 bed flat wouldn't get a thought.
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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31st Aug 09 at 22:30   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
City centres just full of pricks in suits that think their important in their office job....its not for me Cosmo's



Its actually not that bad.

Most apartments round me are young singles/couples who work in the centre, not the older pricks who you see half the time.

Those are the ones who will be driving out the city and being your neighbour in that barn
micra_pete
Premium Member

Registered: 23rd Apr 03
Location: West Yorkshire
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31st Aug 09 at 22:50   View Garage View User's Profile U2U Member Reply With Quote

thats a bit flash
Ian
Site Administrator

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Registered: 28th Aug 99
Location: Liverpool
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31st Aug 09 at 23:40   View Garage View User's Profile U2U Member Reply With Quote

I take it you like it over there!

That is 5-bed in its own grounds money though.
AK
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Registered: 5th Jul 00
Location: Aberdeen City
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1st Sep 09 at 07:52   View User's Profile U2U Member Reply With Quote

Dublin is feckin expensive!

Brother in Law is from Swords (I think thats how you spell it) just outside Dublin.

£350,000 or about £1200 rent will get you a 2 bedroom 'flat' like ours in Aberdeen.

City Centre living is expensive indeed!
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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1st Sep 09 at 10:42   View User's Profile U2U Member Reply With Quote

does look pretty impressive but its a flat

could buy a lovely house with land for that kinda money

im not a city man myself, to busy and nowhere to park, always traffic

il stick to the country
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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1st Sep 09 at 10:43   View User's Profile U2U Member Reply With Quote

reminds me abit of a holiday complex looking at it actually
Robbo
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Registered: 6th Aug 02
Location: London
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1st Sep 09 at 11:50   View User's Profile U2U Member Reply With Quote

Cheers lads... couple of points, firstly obv the comparisons don't work cos I want to live in Dublin... as AK said its very very exp out here (and its in the middle of the worst recession to ever hit the country)

ALso, its not quite city centre... its about 15mins out by LUAS (tram)... the closest stop being 5 mins walk And its alos 10 mins on the LUAS into work
Robbo
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Registered: 6th Aug 02
Location: London
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1st Sep 09 at 11:51   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ian
I take it you like it over there!
Aye it's grand
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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1st Sep 09 at 11:52   View User's Profile U2U Member Reply With Quote

now will be the time to buy

as you say with the recession, could be a good investment if you decide to come back in years to come
Robbo
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Registered: 6th Aug 02
Location: London
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1st Sep 09 at 12:15   View User's Profile U2U Member Reply With Quote

Yep deffo! As said these dropped form €540k so massive potential! Still think the mortgage thing is a bit pie in the sky mind but we'll see
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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1st Sep 09 at 12:17   View User's Profile U2U Member Reply With Quote

Or they could of been overpriced from the start and that was never their true market value...were many sold at that amount or did they have shitloads left unsold?
Colin
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Registered: 4th Apr 02
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1st Sep 09 at 12:52   View User's Profile U2U Member Reply With Quote

All properties have dropped in value in the last year.

Flat I sold yesterday had dropped 15% what it would have been worth.
House I bought off plan has dropped 20% on what they were selling them for early 08.

These according to what you have stated are down 35%-ish.

Are there really that many money men in Dublin willing to spend £1/2M on a 2 bed flat?
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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1st Sep 09 at 12:55   View User's Profile U2U Member Reply With Quote

Im not saying they wont have dropped natually due to the economic climate, but at the same time if they are new builds (I think that are?) then they could of just been priced too high to begin with.

I mean i could put my apartment on the market for £500k now, then drop it in a few months to £250k and say its a bargain...but it was never worth £500k in the first place.
Robbo
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Registered: 6th Aug 02
Location: London
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1st Sep 09 at 14:58   View User's Profile U2U Member Reply With Quote

Not totally sure but they sold about 50% at high price, about 25% at smaller discount and about 20% at big discount with 5% still left

ish lol

They were started to eb released early last year before the big crashes started
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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1st Sep 09 at 15:21   View User's Profile U2U Member Reply With Quote

House prices have been getting raped since well into 2007 oRbbo.

But thats a good thing if you bought one of these, as if they sold half of them at the large amount after the crash had started then the potential for them to raise above that amount is there.
Robbo
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Registered: 6th Aug 02
Location: London
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1st Sep 09 at 15:29   View User's Profile U2U Member Reply With Quote

Aye, silly money for property over here and the dive has been manic!
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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1st Sep 09 at 15:32   View User's Profile U2U Member Reply With Quote

Plus you know its an area that will always go up.

Major city thats very popular, once the slump ends investment will kick start the housing boom in those areas before anywhere else imo.
Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
1st Sep 09 at 18:29   View User's Profile U2U Member Reply With Quote

Here's hoping Seeing this broker dude at 8am tomorrow so have a better idea after that

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