Investors find themselves short of options
While many Irish buyers ‘left their brains on the plane’, even prudent purchasers may now need help, wrtites Diarmaid Condon
By its very nature, buying property in overseas markets that don’t have a similar purchasing system to Ireland carries an inherent level of risk. But in the boom years, many buyers seemed to be either unaware of these risks, or unwilling to evaluate them.
In many cases, the basic commonsense rules of purchasing a property anywhere seemed to go out the window. As one overseas property agent said: ‘‘The Irish seemed to leave...
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