Am I mad to sell my Dublin property?

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Linda Quinn

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I am currently in the process of relocating to the West of Ireland. I own a property in Dublin 10 which is currently valued at 340,000 plus. I am planning to buy a new property down West but am unsure about selling Dublin at moment....I cant afford two mortgages..and if Im selling it should be in the summer...What should I do? Am I mad to sell my Dublin property?
Linda
 
No you're not mad but traditionally prices have risen faster in Dublin than elsewhere so if you sell up in Dublin and then in a few years decide to move back to Dublin you may find it difficult to buy because the prices of Dublin properties will have risen faster than those in the West.
 
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