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

25th July, 2009

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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