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These villages are quite close to Ballybofey/Stranorlar and Letterkenny, and maybe 30-40 minutes drive from Derry city. They're also very close to Strabane.Who would want to rent there?
BTW, I thought Killigordon was in Derry? Maybe it's in both counties.
I would reckon that the chances of getting rentals in either place are slim, at best. Who would want to rent there?
BTW, I thought Killigordon was in Derry? Maybe it's in both counties.
Killygordan or Convoy are not beautiful places and I don't know who would want to rent there.
Are they close to Derry? Sure. As is Letterkenny, Buncrana, Manorcunningham, Newtoncunningham, Lifford etc.
Advising someone to invest in Killygordan or Convoy because of 'exploding population' in Letterkenny makes no sense-there are loads of new developments in Letterkenny-why would you rent outside the town when you can rent in the town.
Parts of Donegal are indeed beautiful.
This post will be deleted if not edited immediately wept, how on earth could you be qualified to say "who would want to rent" in Killygordon when you don't even know where it is?!?!
Anyone who knows their Irish geography and knows their Donegal will be aware of the very simple fact that Donegal is the most beautiful county in Ireland)), so any part of it would be a hugely desirable renting option for Irish holiday makers, if well advertised, who realise there is a world outside Brittas Bay It astounds me how ignorant so many Irish people are about Donegal, you'd swear it was in another country. Your loss.
As for all-year-round renting opportunities, again if you know your Donegal you'd realise Letterkenny is exploding (!!) population wise and there is an endless demand for houses/apartments in the area - this I know from experience.
I was in Klligordon recently, but couldn't remember which side of the border it was on, just thought it was in norn iron. It is pretty much right on the border in any case. Sorry if I made This post will be deleted if not edited immediately weep for you! ......
As for Donegal being beautiful, no contest, it's stunning.
As for it being a hugely desirable renting option for Irish holidaymakers, just ask any estate agent! Bucketfuls of empty holiday properties available for rent, even in July/August. Too many holiday homes built in recent years in the face of a falling market of Norhern renters.
In addition, towns like Letterkenny have indeed exploded; the place is like a mini city, you would get lost in it! There is no need for any Polish or Irish renter to leave the town to get a nice rental apartment or townhouse.
Killygordon or indeed Convoy would be way down the list for most renters. Sure they're lovely places, but dead as doornails and not attractive to the required demographic.
If you had read my post carefully, I advised the OP to put an ad in the local paper to ascertain the level of interest. That's still my advice, but personally i wouldn't buy a property in either place unless I wanted to live there.
I can tell you that your source may have misinformed you regarding Letterkenny and supply and demand. I live and work in the town.
I don't know the town but looked on daft.ie and a found a 4-bedroomed houseRental in the town [Letterkenny] is really cheap. 600-700 euro will get you a modern fully furnished four bedroom
house. What size of mortgage will that cover?
I don't think this is anything specific to Letterkenny, as if you enquire with manyFor starters supply is outweighing demand, prices of houses seems to have stalled for the last
12 months. A few estate agents I've spoken to recently say that nothing is shifting. Prices in some of the better
estates are actually falling back as expectations are reduced.
P.S.The only poster that mentioned 'stagnant backwater' and 'Donegal' in the same breath was you Bushfire.
Would it be easier to rent out a house, and more scope for capital growth in Ballyshannon?
If you are set on investing in the lower price ranges in Donegal then Ballyshannon is probably an option with a possibility of a return at some stage. I wouldn't see anything too exciting in it, but if it has to be Donegal then it might do ok for you.
I don't think that there is a lot of value in Ireland generally right now. Recent figures on the number of completions show supply now outstripping demand, and prices certainly have peaked. A lot of sellers in rural towns in particular are discounting to try to get sales.Just wondered, but do you have any suggestions for other locations outside Co. Donegal for purchasing 2nd hand properties at €150,000 or less?
1. Convoy/Killygordon are not serviced well regarding shops/supemarkets/pubs/public transport
Students are not a factor as transport/services would be a problem for them.
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