Rents in Belfast are a lot lower than in Dublin and haven't gone up that much in recent years despite the rise in property prices. That may change if prices keep rising.
Thanks Marg, just wondered but did you take out a pounds sterling mortgage with a UK bank?I bought an apartment in Belfast in Dec '05. The yield is 4.3% which I suppose is not all that brilliant, but capital appreciation has more than made the purchase worthwhile.
Marg,
I have seen posts which indicate you won't be subject to uk cgt on uk property if you're from and resident in the south. You'll just pay the irish 20%.
[FONT=Verdana, Arial, Helvetica, sans-serif]Chris Moore presents an investigation into Northern Ireland`s housing market, which has come under scrutiny following claims that houses in Northern Ireland are hugely over-valued[/FONT]
Investors are said to be no longer buying in Northern Ireland
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