Homes For Sale At 55Pc Discount

[getdoon_weebobby]

http://www.independent.ie/national-news/homes-for-sale-at-55pc-discount-2214684.html

just outside dublin

[getdoon_weebobby]

http://archives.tcm.ie/businesspost/2005/11/06/story9321.asp

one beds down from " from 300k" to "from 135k euro"

[The Eagle]

350K Euros for a 4 bed terraced is still ludicrous. They should cost no more than 200-250K Euros.

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Edited June 10, 2010 by wise_eagle

[righttoleech]

There must be a feel good factor getting a half price house.

That is why you see people walking round supermarkets with a self satisfied grin having secured a punnet of strawberries for 'only £1.99' reduced from £3.99.

[The Eagle]

This is what you get for 300K Euros in the outskirts of Hamburg (Germany):

(this is a brand new house, completion July 2010)

http://www.immobilienscout24.de/45642947

[Bumble Dumb]

350K Euros for a 4 bed terraced is still ludicrous. They should cost no more than 200-250K Euros.

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I totally agree, it is still too much. I am in the process of purchasing a 3-bed semi in the UK for 210K GBP and I am feeling really nervous about it. I cannot afford to move back to Ireland.

[campervanman]

I totally agree, it is still too much. I am in the process of purchasing a 3-bed semi in the UK for 210K GBP and I am feeling really nervous about it. I cannot afford to move back to Ireland.

Don't worry, youir money is safe. Houses are great value in the UK.

[AteMoose]

This is what you get for 300K Euros in the outskirts of Hamburg (Germany):

(this is a brand new house, completion July 2010)

http://www.immobilie...t24.de/45642947

Hmm its Actullly not THAT big, 120m2, my place in the UK is bigger and cost 1/3 less, and an average terrace house in the uk is about 75m2... I would have expected german property to be ALOT cheaper than the uk...

Edited June 10, 2010 by AteMoose

[swissy_fit]

Hmm its Actullly not THAT big, 120m2, my place in the UK is bigger and cost 1/3 less, and an average terrace house in the uk is about 75m2...  I would have expected german property to be ALOT cheaper than the uk...

It may be like France in that the 120m2 only covers what they term habitable space.

A 120m2 house with a cellar that covers the whole house, useable attics and a garage is very big by UK standards.

[The Eagle]

Hmm its Actullly not THAT big, 120m2, my place in the UK is bigger and cost 1/3 less, and an average terrace house in the uk is about 75m2... I would have expected german property to be ALOT cheaper than the uk...

You can get a lot cheaper, but not so much new-built, in Germany houses depreciate the older they get.

A 60 year old house of the same size in the same location will be 200K euros.

Also Hamburg is a rich city, loads of loaded people (there are poor areas too but much less than in a typical UK city).

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Edited June 10, 2010 by wise_eagle

[The Eagle]

It may be like France in that the 120m2 only covers what they term habitable space.

A 120m2 house with a cellar that covers the whole house, useable attics and a garage is very big by UK standards.

Correct, those 120m2 are only livable space, so they don't include the staircase and the cellar (which in Germany all houses have).

[yelims]

Yeh i seen it what a bad joke, tho thats Dublin (a ******ign dumphole)

Go to the west coast circa galway! there's plenty of good land to build on where the land prices have plummeted 90% along with labour/material costs (builders dying for work and materials going below cost as companies go under)

I completed my 4 bed ~2500sq feet detached home for under 100 euro a sq foot for everything

legal and professional fees, the land itself, landscaping this land (driveway,piping,sewage treatement,moving rocks,adding soil, walls, plants etc), the house itself being build > plumbed wired to my specifications and needs, getting it highly insulated, triple glazed and airtight to an A rating, mhrv, solar heaters, oak and marble floors, kitchen, furniture everything

all in all a dream home the way I want it down to the brick, in a nice location, 20 mins from galway on brand new near empty motorway (tho i work from new much larger homeoffice)

all done on savings in cash with no debt

the housepricecrash in Ireland has been a big setback for alot of the country and the people (who ******ing endebted themselves into slavery), but for me it was a much expected event that has saved me alot of money and now i can live out my life debtfree

alot of HPCers hope for a similar houspricrash to occur in UK, one that will wipe out the reckless and allow you to have a home, and payoff the years of saving and hard work

your time will hopefully come

Edited June 10, 2010 by yelims

[Guest DissipatedYouthIsValuable]

Correct, those 120m2 are only livable space, so they don't include the staircase and the cellar (which in Germany all houses have).

And the guard platforms?

[AteMoose]

And the guard platforms?

Nahh, they are just two platforms for you to stand on as people march past you with a hand aloft... You get given a choice which platform you want to stand on. All you need to buy is some flags and a omaba style document stand.

Edited June 10, 2010 by AteMoose

[Orbital]

I bought and sold houses at either side of the peak and at both times negotiated nice discounts.

This is always possible.

[BearGlas]

350K Euros for a 4 bed terraced is still ludicrous. They should cost no more than 200-250K Euros.

That was my first reaction too but then I looked at the address. The area around Carrickmines might be called the Surrey of County Dublin, the "Hampstead" of Dublin - Dalkey - is only a stone's throw away and Carrickmines itself is close to the new motorway into the city. The "Bishop's Avenue" of Dublin of Stepaside and Kitiernan are next door. EUR €350k isn't bad all considered.