GOREY area buy to let

nad

Registered User
Messages
274
Hi just wondering if anyone has any experience of the the buy to let market in the gorey area,and if now might be a good time to invest there with the new road opening soon, or have i missed the boat.
 
I don't think anyone could comment without knowing what price you'd be paying, what rental income you'd expect to generate, what ancillary charges are associated with the property and what level of capital appreciation you hope to achieve and, over what time period.
 
The price of property i am looking at would be around the 300000 euro mark with a mortage of about 190000 euro,
 
2 bed apt near factory, 5 bed mansion with swimming pool, caravan with leaky roof .........

I don't know what kind of answers you're expecting given the information you've provided.
 
A property might let quicker in the town itself but at the moment they move a bit slowly in the outlying area where i live. That might well change once the bypass opens (rumour has it, the Gorey part will be done by July).

That said, everyone I know who has a rental property here is selling up, including the one I'm currently in.

As everyone above has said, if you gave more info we'd be better placed to give opinions.
 
Back
Top