Serious: Who is the target audience for this?

34 comments
  1. Surely if I have 1.8m to spare I wouldn’t spend it on a terraced 4-bed that looks like a giant Toblerone.

  2. Possibly Apple or Microsoft or some such who offer contracts with fancy company housing as part of the package.

  3. Every person living in one of these is not living (and competing) to live somewhere else, with their buckets of money. Every type of property is needed to beat a housing crisis. If people want to live there then who cares?

  4. Duel income couple in their mid to late 30s, pulling around 400k between them. Solicitor, (partner probably) and maybe a tech exec at a google, FB or Microsoft. 3.5 * 400k = 1.4m. . 350k deposit saved from bonuses, stocks and salary over the last 5 years put them at 1.75m, Im sure they would consider the offer.

  5. Partner in one of the Big 4 Accounting firms / law firms in their late 30s, Business owners who are doing well, senior tech talent, 2 southsiders who inherited family homes and are topping it up with a gain from a property they bought years ago to buy this, returning expats from Aus, London or the US who want to take it easy here and raise kids. Even the big Irish Banks have more people than you would think on 150 to 200k a year, throw in money from their existing house and there you go too.

    In Ireland theres a large enough cohort who could buy these comfortably but unfortunately a much larger cohort who are struggling to afford any form of housing.

    Government solution is to throw a few quid in a pension for you so you can still rent a room in your 70s, possibly a rental owned by one of the owners of these gafs.

  6. There were originally 20 of them up for sale, as of today only 3 were left for sale. There’s no shortage of people with that sort of money.

  7. People with extremely rich parents. I know accounting partners who’ve bought their kids 1.5m houses in cash.

    There’s about 500 big 4 accounting partners. Dublin had a lot of very very wealthy people who can pay 2m for a house

  8. People who already are multi-multi-millionares, *and the children thereof*…
    This reminds me very much of the house of a hippy college girl I used to party at… Suspiciously well appointed place for a bunch of poor college kids; 3 bedrooms, an office and a sunroom and a garage all of which had been converted into more living space. Her parents, however, were not poor. A investment banker and a political consultant. Paying rent or paying to live in the dorms was deemed a stupid waste of money, property was a good investment – and having roommates was how she avoided getting a job…

  9. People earning almost half a million Euro a year working in very high up positions for large multinationals – who don’t relish the idea of driving into work in the city center twice a day, spending 3 hours in a car.

  10. I know a guy who bought the house there… working guy for 20+ years… not sure if they had any other source of income, none of my business right… he had moved from Kerry to Dublin with family… I was a bit surprised with the choice of location and I asked him point blank, knowing the housing situation as it is. His answer was it was for his kids, they had good schools and great classes around for kids to take up.

  11. I think most people don’t realise that you don’t really need €1.8 mn cash to buy the house, but the ability to pay the mortgage. If you prove that to the bank with legitimate statements you can easily get the mortgage to buy this property.

    A family with both husband and wife in large consulting firms can easily afford this as a starter home.

    A Director can easily earn upto €150k/yr and an associate partner upto €200k/yr

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