This did go to auction and was in fact sold for its AMV. I made a few enquiries about it and has had its car park flooded on many occasions. Did anything happen to the 1st floor apts during the flooding? Not that I heard of, I was told. For someone who wouldn't be too worried about the parking and the management fee of €1,700.00 a year, it's not a bad price for an apt right next to the Salthill prom, near enough to the hospital and UNI for renting, but nothing out of it as regards profit from letting.That would be my perception also.
Why should it be 800pm. Why not €1,280, or indeed higher as I think it actually would be.
This one
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is for sale for €250,000, is that a fairly average 2-bed apt in Galway? €800pm is a 3.8% return before any costs and before taxes, no one would be a landlord for that kind of return.
Bidding Closed
| BIDDER | TIME | AMOUNT |
|---|---|---|
| 78882 | 30/09/2021 11:23:06 | €250,000 |
€250,000
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