After 6 years of wrangling with cousins, solicitors etc I have recently acquired an old cottage which belonged to my aunt who died intestate. The property was valued at €25,000 in 2000 and I bought my cousins share for €17,500 plus a further €33,000 for renovations with a mortgage with stage payments. I haven't used any of the other funds yet only the money to buy the property. The property has recently been valued at between €70/110,000. My eventual aim is to sell the property for the best profit then look into buying investment property. My query is this: in view of the widely held belief that there will be some kind of property "landing" either hard or soft, in Ireland, do I make a bigger profit by going through the hassle of getting engineers drawings, builders etc and renovating the property or do I cut and run with the profits as they are?