Hi there
Got a job recently in co kildare and want to purchase there. Thing is though, the prices are no where near in line with rental multiples which is one of a strong indicator of the real value of properties or so i have been told. You can rent a four bed detached property in say newbridge for the same as a one bed in blanchardstown. However to buy a new one bed in blanch would be about 190( maximum) ,wheras the cost of a new four bed detached in newbridge would be about 360 at the moment. Does this mean prices for newbridge and kildare have still a long way to drop? say if i was to offer 290 for the property in newbridge, would people regard this as reasonable or to low
Thanks a mill
Got a job recently in co kildare and want to purchase there. Thing is though, the prices are no where near in line with rental multiples which is one of a strong indicator of the real value of properties or so i have been told. You can rent a four bed detached property in say newbridge for the same as a one bed in blanchardstown. However to buy a new one bed in blanch would be about 190( maximum) ,wheras the cost of a new four bed detached in newbridge would be about 360 at the moment. Does this mean prices for newbridge and kildare have still a long way to drop? say if i was to offer 290 for the property in newbridge, would people regard this as reasonable or to low
Thanks a mill