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26 Mar 10 15:24
Date Joined: 22 Aug 04
| Topic/replies: 676 | Blogger: macrocky's blog
Got this email from myhome this morning if anyone is interested up in the midlands

Apartments at Tailteann Court in Mullingar which is less than an hour outside Dublin city centre, go on sale this weekend for as little as €69,950.

The 63 apartments which were originally put on the market for €202,000 failed to sell a single unit and are now being sold for less than two thirds of their original asking price.

Director of the Irish Mortgage Corporation Frank Conway, who is assisting with the sale this weekend said that the monthly repayments for one of these apartments would be cheaper than a car loan and also the equivalent monthly cost total of a 20 a day cigarette habit. "If a person were to take out a mortgage of €75,900, their net payments would be only €264.85 per month. If we compare this to a car finance payment, let's say they borrow €15,000, interest rate 10%, four-year loan, the repayments would be €380.44. Not only that but if you buy a pack of 20 cigarettes per day for one month this would cost €263.50. For just over €1 more, you could own a two-bed property
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Report dddddew March 26, 2010 2:50 PM GMT
jesus thats a snip!
Report Doyler1987 March 26, 2010 2:51 PM GMT
Link to photos?
Report downallstar March 26, 2010 3:11 PM GMT
But the catch is....................................... its in Mullingar!
Report squigs March 26, 2010 3:29 PM GMT

Report thebeg March 26, 2010 3:53 PM GMT
i'll stick to the fags,thanks
Report norn iron March 26, 2010 4:00 PM GMT
Report Biodiesel March 26, 2010 4:11 PM GMT
u be probaly better off buying a city apartment in a emerging market, vietnam, India,Turkey,Brazil.

Then again its all about the yield
Report roadrunner46 September 30, 2018 8:45 AM BST
you need to earn £85k a year to be able to get a mortgage in london, so around £1 million for a decent flat
in london.
Report roadrunner46 September 30, 2018 8:51 AM BST
and if you collect or drive expensive sports cars, you will need a garage for the cars, you cant park £200k
car on the street. that means you will need a house in the country, another £1 million
Report Racingqueen October 2, 2018 10:49 PM BST
you'd need to pay someone 69k to live in mullingar. just imagine the "Joyces" moving in next door
Report Racingqueen October 2, 2018 10:50 PM BST
1 hour from Dublin?

in a plane?
Report kavvie October 2, 2018 11:02 PM BST
are you a slow driver racing?i can do the commute in 50 min easily(seldom i do but it but i can!!)
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