Thursday, 24 April 2008

Temple Bar Dublin - Irish Property Prices 2008 - Sign Of The Times...

I read in the Irish Independent today that in Dublin's Temple Bar, once a property hotspot, that..."prices are beginning to drop: a spacious second floor, period-style one-bed, renovated 15 years ago on Parliament Street, with views of the Liffey and the evening sun, has been on the market for two months and the price is down from €365,000 to €345,000.

At the Friary, off the cobblestones on Fownes Street, a one-bedroom west-facing apartment over Luigi Malone's restaurant is €410,000, but expected to drop.

In Temple Bar Square, the quarter's heartbeat, a two-bedroom apartment, with access to a precious roof terrace and views of the city's skyline has been on the market a year and is available for €450,000.

In the tenant zone, plans are in the early stages to refurbish and upgrade some of derelict Crampton Court apartments with its little garden, car-parking spacess and views overlooking the Liffey.

And to rent?
Despite so few properties being available, bites are slow, with a one-bedroom apartment, typical of what is on offer, at Pudding Row on Essex Street West, on the market for 20-odd days and down from €1,350 to €1,250.

Although still no real bargains yet!

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