Buying an investment property in Dublin

Yeah I see the point ye are making about avoiding expensive debt and I would be happy to avoid it if I can. So I have been looking at some property in close proximity to the green luas line in south dublin - this is the area that I’m looking to buy in. It doesn’t seem like there are any 2 bed apartments for 250k in this area so I’m asking the question should I borrow the remainder to buy a 2 bed and rent 1 room or would it be advisable to just buy a 1 bed for cash and avoid the landlord scenario? And at the end of the day am I making the right decision going for a property for cash in south Dublin and holding it for the foreseeable future instead of investing the cash elsewhere and putting the returns towards rent?

dminor said:

And at the end of the day am I making the right decision going for a property for cash in south Dublin and holding it for the foreseeable future instead of investing the cash elsewhere and putting the returns towards rent?

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Are you looking for a long-term investment or a way of funding a (relatively) short term expense?

You seem to be conflating two very different things.

It's a long shot but by any chance are you a 1st time buyer?

I’m looking at long term investment & yes I would be a first time buyer