Discover and read the best of Twitter Threads about #absorptionrate

Most recents (2)

Costs of existing houses & apartments for purchase in Dublin are extortionate.

What is equally incredible is the amount of work many of these potential homes need.

Sure, many are liveable & have good locations, however most will require new owners to sink extra €€€.

1/22
Take this B3 BER rated home in Harold’s Cross advertised at €695,000 for example:

The cost per sqm for this house is over €5,000. If you were to consider renovating this house for a conservative figure of say €800/sqm, you’ll need an extra €100k.

2/22
Let’s see Phibsboro:
€350,000 for 65sqm, E1 BER (€5300 per sqm)

Same deal: upgrade windows,replace floors, new kitchen, bathroom, paint, at a dubiously low figure of €800 and we’re looking at a property that will send you well over €400k.

3/22
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