apartment vs house in Dublin

S

shylox

Guest
I know this question has probably been asked a thousand times but here goes...

Is it better to invest in a near-city centre apartment in Dublin or a house further from the centre of the city?

Looking a 2/3 bed apartments and houses (southside) and they seem to be around the same price.

Any advise would be very greatly recieved.
 
There are very few 3 bed semi's being built in Dublin any more so having a 3 bed semi in a good area with a decent garden is going to be a better investment than an apartment. Just my opinion.
 
It depends on what you are looking for - a city centre apartment (within the scope of the canals) would be a good investment because young professionals will always want to live near CC and work...

If you are looking twoards the family market a 3 bed semi makes more sense as they will want space and a garden.

It really depends on what you want to aim your investment at...
 
Pinkybear, I am looking for an investment of about 6-7 years. Property will be used by my student daughters and hopefully renting 1-2 rooms. So rental income is not really an issue. It is capital appreciation that I am concerned with.
 
It is capital appreciation that I am concerned with.

"You take my house when you do take the prop
That doth sustain my house;
you take my life When you do take the means
whereby I live."

Spoken by Shylock as he loses his money.
Merchant of Venice by Shakespeare. Act IV Scene I Line 374

Sorry Shylox, couldn't resist !
 
With that in mind I would image city centre would be the way to go, if you think of it City Centre dwellings are within busses to DCU, UCD, walking distance to TCD, so your children wont be faced with commuting accross the city for their respective collages....