€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
 
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.
 
Please don't invest €200k in anything about which you are completely ignorant. Do lots & lots of research first.
 
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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