€200K bond and buying property

E

Eclair

Guest
First Time Buyer

I may not be on the right thread as this is the first time I have come to this site.

I am completly ignorant when it comes to buying property. I have received a 200 000 euro bond. I am not able to find a decent house in Ireland for that amount of money.

My question is can I use this money to buy a house abroad. I didnt want to ask the bank manager as he might have refused the bond.

Thank you
 

ClubMan

Frequent Poster
Messages
43,858
Yes - it was in the wrong thread so I have moved it to a separate one. You might want to give a bit more detail/clarification on your situation (e.g. what's this bond all about) and why you have decided that property is the most appropriate investment for you right now.
 

RainyDay

Frequent Poster
Messages
4,506
Please don't invest €200k in anything about which you are completely ignorant. Do lots & lots of research first.
 

ClubMan

Frequent Poster
Messages
43,858
And don't necessarily invest the full amount in a single asset class/grographic region/risk-reward profile rather than diversifying across a well balanced mix of same.
 
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