That's just meaningless waffle.
Property in my estate for sale at €340K, never rented before. Will easily reach €2,000 pm rent. Like I said, have a look on daft.
Back to school for you I’d say..It's hard to respond to a poster that attempts to claim that capital appreciation is not a part of investment analysis. Just trying to help you by suggesting you get some help to stop you further embarassing yourself.
You are making a very basic error, confusing a landlord making a buy to let investment with casino style property speculation..
you are a Celtic Tiger boy it seems.. and you don’t seem to grasp in this market that a house bought today for this €350k will more likely be worth €300k next year than €350k… unless “we are different” to the rest of the western monetary system and “the fundamentals of our property market are solid” etc etc Tiger roars
FYI when it comes to investment appraisals ROI does not include capital appreciation. Neither does EBITDA. But you are!
IAS 40 rules are that a property held for the purposes of sale is not an investment.
My response to the original posters question about buying a rental in Cork from inherited money is reasoned and sound and stands up to examination..
Unless you tell me I should be using the rent from an apartment off Central Park NYC