Converting attic might cost me around 30K , to add a good living space at home which I am not desperate for , but will help when I get visitors .
Or better buy a 2 bed apartment to rent out and might cost me around 80K deposit .
Clearly they are 2 different games and huge cost difference , few things to consider:
- I can afford the deposit of the investment property
- Not planning to sell my house in the future
- I was looking into the option of holiday home in the sun but though getting an investment property in Ireland would give me more flexibility with holidays options
- I was a landlord for 10 years up to last year and sold it at cost.
I am looking for the best investment option on the long term and best use of cash , knowing that converting attic will have no investment gain
Thanking you in advance for your advice
hak
Or better buy a 2 bed apartment to rent out and might cost me around 80K deposit .
Clearly they are 2 different games and huge cost difference , few things to consider:
- I can afford the deposit of the investment property
- Not planning to sell my house in the future
- I was looking into the option of holiday home in the sun but though getting an investment property in Ireland would give me more flexibility with holidays options
- I was a landlord for 10 years up to last year and sold it at cost.
I am looking for the best investment option on the long term and best use of cash , knowing that converting attic will have no investment gain
Thanking you in advance for your advice
hak