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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.
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.