Buy yourself a two-bedroom cottage in rural Leitrim for under $10,000
Want to live the dream and own a home in Ireland? -- Here’s your chance
Published Tuesday, February 7, 2012, 7:13 AM
Updated Tuesday, February 7, 2012, 9:39 AM
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ballindaggin | Feb 09, 2012, 05:49 AM EST
There's no need to get personel sirpeter.
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Rhuaidhri | Feb 08, 2012, 11:03 PM EST
Nearly same article appeared in the Independent over here. What both authors and many people here seem to miss is that a lot of these properties are at auction because they haven't sold on the open market. Many are in a very poor state of repair, in bad area's and/or have title issues. I don't know that any of them are evictions, there may be some which are repossession but most are not. I know this having researched them. A lot of the apartments are new builds that have been lying vacant since they were built. Quite a few of the houses have been on the market for over a year and in the case of the cheapest ones are derelict. The details on some are incorrect for example 41 Seville place at a reserve of 35k euros is not a 4 bedroomed house as described rather it is a 4 roomed house none of which have any specific purpose at the moment. It has a collapsed roof valley, water and fire damage and is filled with enough rubbish to fill a small landfill. They list the size as 1575 sq ft but most of that is not habitable. a good chunk relates to a basement with a ceiling height of less than 6ft 6inches and the bathroom mentioned is in fact a box which is lying with one side on the rear garden wall, and the other supported on a stilt of concrete blocks. This is then hung off the buildings ground-first floor return using the opening where a large window would have been. A totally cynical ploy by the auctioneers and vendors to try off load a lot of problems on the unsuspecting public. Buyer beware indeed. There might be some genuine bargains but you really need to do your homework.
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Rhuaidhri | Feb 08, 2012, 10:43 PM EST
Nearly same article appeared in the Independent over here.
What both authors and many people here seem to miss is that a lot of these properties are at auction precisely becuase they haven't sold on the open market. Many are in a very poor state of repair in bad area's and have title issues.
I don't know that any of them are evictions, there may be some which are repossession but most are not. I know this having researched them. A lot of the apartments are new builds that have been lying idle since built while quite a few of the houses have been on the market for over a year and in the case of the cheapest ones are derelict.
The details on some are incorrect for example 41 Seville place at a reserve of 35k euros is not a 4 bedroom as described rather it is a 4 roomed house not of which have any specific purpose at the moment. It has a collapsed roof with water and fire damage and is filled with enough rubbish to require a small landfill to deal with.
The list the size as 1575 sq ft but most of that are is not habitable, a good chunk relates to a basement with a ceiling height of less than 6ft 6inches and the bathroom mentioned is a "room" which is in fact a box which is lying with one side on the rear garden wall, and the other supported on a stilt of concrete blocks. This is then hung of the buildings gound-first floor return with the opening where a large window would have been.
A totally cynical ploy by the auctioneers and vendors to try off load a lot of problems on the up suspecting public. Buyer beware indeed.
There might be some genuine bargains but you really need to do your homework.
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sirpeter | Feb 08, 2012, 09:21 PM EST
ballindaggin. I heard your wife is going for less.
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ballindaggin | Feb 08, 2012, 11:49 AM EST
Javoul mein herr, und now ve vill sell Ireland for 13 pieces of silver, GOTT MIT UNS
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sirpeter | Feb 08, 2012, 10:19 AM EST
Hang on a second.The banks have to get rid of these houses.They are useless to them laying vacant.The people who brought these houses should not have brought them in the first place.The problem was these loans were never stress tested.Couples brought a house on the lending power of BOTH incomes.But realistically you have to be able to service a mortgage and live on one wage.Women have babies and might not be able to work.Ultimately it's the banks fault for not stress testing the loans.But the dispossessed have to take some responsibility.Anybody with a child won't be homeless.They all end up getting almost free houses from the government.A lot of those repossessed houses are brought by the government and given back to the thick stupid.They just won't own them.
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angrypaddy | Feb 08, 2012, 09:16 AM EST
It must be great to live in FANTASY land DISNEY should buy the whole island and turn it into Delusional Island,then we would all visit to see the delusional people in their natural habitat up close and personal
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patto69 | Feb 08, 2012, 05:42 AM EST
Well the bait thrown in by the auctioneers has done the trick.
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IrelandNorth | Feb 08, 2012, 05:23 AM EST
As long as it's not bough by an absentee English landlord, rackrented to an Irish peasant farmer, who is then evicted for non-payment of extortionate rent. Where would that leave the whole Land League Movement, Fenians, and fight for Irish freedom. More importantly, will the Garda Siochana support the landlord like their RIC antecedents?
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ballindaggin | Feb 08, 2012, 05:01 AM EST
Don't get too excited about this. that price tag is only there to create interest in a property that normally wouldn't have a hope of selling in this German run economy. The corrupt banks will try anything to get money out of people right now. People should ignore these auctions,and if our elected politicians had the balls to stand up to the bully-boys in Europe we wouldn't be in this mess
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aoibhinn | Feb 07, 2012, 03:16 PM EST
Beautiful Irish climate? Were you here once for a week in the summer 4 years ago? UR last line - true that. Good comment PaddyGrant.
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aoibhinn | Feb 07, 2012, 02:46 PM EST
I'm wishing I had an extra fifteen thousand Euros...I would love to have a tiny home in Ireland where I could come and stay for half the year and find my relatives, enjoy the beautiful Irish climate and eat healthy food. Even the poor in Ireland have a healthier and more blessed life style than most in the US
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aoibhinn | Feb 07, 2012, 02:27 PM EST
Comment testing
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aoibhinn | Feb 07, 2012, 02:26 PM EST
Interesting!
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