Okay so I’m not an economist, property expert or financial advisor.
But I like looking at properties and imagining life within them.
The Central Bank have just changed their lending terms meaning first time buyers can get on the property ladder a bit easier and to help those lucky people I’ve gone to the trouble of calculating what they could likely purchase.
So using an online mortgage calculator, and inputting some *data*, it was estimated that two people on a salary of €35,000 each (what Enda Kenny said is the average salary) could borrow €364,748. Which actually ain’t that bad.
Around the country, that would actually get you a pretty decent abode.
In Wexford, you could get this 5 bed, spacious bright detached home.
The hugely impressisve home is located just 12 minutes drive from Wexford Town and 10 minutes to Kilmore Quay.
In Dublin you could get this 3 bed cottage in Dublin 3.
This cute property boasts many original features including high ceilings with covings and ornate fireplaces.
Or you could get this 3 bed red-bricked terraced house in Drumcondra.
It’s located on Susanville Road: a quiet and tranquil residential road that connects Clonliffe road with Distillery road
In Wicklow you could get a 3 bed apartment.
In fact, you could get a spacious penthouse apartment extending to approximately 138sq.m.
In Cork you’d have change from this large four bed terraced split level home.
Same with this one in Youghal Cork.
The property itself originates back to 1784 and features a wonderful medieval garden including several miniature fruit trees, grape vines and many superb herbs and flowers. Centered in the garden is an ancient apple tree that is over 100 years old.
And finally, in Kerry you could get this massive 4 bedroom new build.