Rent or Sell
I have an apt in Dublin but moved down the country in June 07. Am now wondering if I should sell apt or rent it out - have been informed by an estate agent that I shouldn't have any problems renting it out - the rent received would cover my mortgage. Would it be a good investment in the long term or should I just get rid of it and pay of outstanding loans which comes to about €60,000.
Worried as property market not good at moment and if I decide to sell next year instead of now, the value might have decreased even further.
Thank you.