Diarmaid Condon is Ireland's foremost Independent Overseas Property Consultant and Journalist. He has been in the industry since 1995 and, in that time, has been a strong advocate for improved legal protection in the sector.

Death and Taxes

The Irish government is examining a proposal to introduce another property tax to accompany the newly introduced ‘second property tax’. The reaction to its very public reliance on taxing property transactions for its income during the boom times has now shifted to making those currently owning property assets bear the brunt of these poor decisions.

Continue reading

French Leaseback Troubles

French Leaseback property has been somewhat of a darling of the Irish overseas property investor for over half a decade now. There are signs, however, that it is a product in sever difficulty as a number of operators have either shut down or reduced rentals significantly.

Continue reading

How Safe Are Hotel Room Investments?

Investment in hotel rooms, often referred to as ‘apart-hotels’ or ‘condo-hotels’ in the US and ‘serviced apartments’ in the UK, has been around since the 1970’s. The concept has experienced renewed interest across Europe in the past few years as hotel operators, with margins continually coming under pressure, explored new routes to circumvent the capital intensive nature of owning their own property portfolios.

Continue reading

Have We Seen the End of the Blue Chip Tenant?

The recent instability in the worldwide economy has brought an interesting concept to the fore. Have we seen the end of the Blue Chip tenant as it was previously known? The reason for asking this question is fairly obvious. Investors with lucrative long term contracts, including upward only rent reviews, over long periods are considerably less comfortable than they were just a year ago. Many of the ‘Blue Chip tenants that are still in existence have had their reputations, and their stock values, totally ravaged.

Continue reading

What Happens to Bankrupted Company’s Clients?

Companies become bankrupt, it happens all the time. When companies go spectacularly bust we will see headlines about the company, its debts, its trading history, etc. We very seldom, however, see anything about the people left behind, saddled with any debt which can’t be recovered from the carcass of the expired company. Here we look at what it is like for these clients with a case study.

Continue reading

Welcome

Welcome to my blog. Here you will find my musings on the overseas property industry – without fear or favour from advertisers or editors.

Continue reading

Dubai Property Sale Contact Form

Quickly and easily enquire about selling your property in Dubai by filling out the form below. Here you’ll find further information on Dubai Property Prices, Selling a Dubai Apartment, Dubai Property Registration Fees and Diarmaid Condon (opens in a new window, this one will still be here if you want to come back…

Continue reading