house to sell in Ireland

hoskins

I need to sell a house in Ireland.
Should I ask for the price in sterling as I expect it will cost to get it changed
from €'s

Ian_W

If you "need" to sell the house I'd price in €uros, how would you feel about buying a house in the UK if the owners priced it in another currency because they were moving abroad? Only exception would be if it's a holiday home that might be bought by a Brit when I'd price it both £'s & €'s - if your buyers are more likely to be Irish, I'd say it's in their country, price it in their currency.

If/when you get a buyer don't use the Banks to change €'s to £'s, there are plenty of currency brokers who will give you a better rate, eg Currency Direct. Do a google search for something like "currency exchange dealers" and you'll find plenty more.

Having said that we've recently sold a property in the Canaries to an Irish couple who paid us in Sterling but they had business connections in the UK and were fine about it [though I would have accepted €'s if pushed]. But for a normal domestic property in Ireland I'd still say best to price it in the local currency so as not to put buyers off.

Lipsticklady

My parents recently sold a house in the republic of ireland (the west coast). They advertised over here in a paper and got a better deal than they would have in Ireland. When they first attempted to sell over there they encountered loads of problems. Everybodies services trebled in cost due to them living in England.

They ended up selling it through the Irish post private section. It was bnought by an english couple who were happy to pay in Sterling...which saved the cost/hassle of converting it all back!

hoskins

Thanks lipsticklady