Wednesday January 29, 2020

Buy-to-let investors dip into the market

The residential investment market has been decimated since the downturn but, given the fall in prices is now a good time to consider a buy-to-let investment, asks Michelle Devane.

13th October, 2012
Gary Murphy, Allsop auctioneer, during an Allsop Space auction at the Shelbourne Hotel, Dublin.

People have been put off buying residential investment properties since the economic downturn began, for understandable reasons: lack of credit, increased taxes on property owners and, of course, falling property prices.

It has resulted in a dramatic decline in the numbers of people buying property as an investment. However, in the first six months of this year, there has been an increased level of activity in the property market, including the investment sector.

The strength...

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