Daft Property - Irish Property News

Web jam as 10,000 download list of NAMA properties... NAMA'S list of property for sale was downloaded by 10,000 people in just a day and a half as bargain hunters scoured the list for cheap deals. A spokesman for toxic debt agency NAMA revealed last night that it was forced to make emergency changes to its website in order to cope with the unprecedented web traffic. It came after NAMA made a list of 850 properties it is selling through receivers available for the first time. The list features property in 25 of the 26 counties as well as Northern Ireland and the UK. The assets listed include everything from car park spaces and bedsits, through to family homes and significant commercial and industrial assets. NAMA is not directly selling any of the property but its 150 staff have been inundated with enquiries since the list went live, sources at the agency said. NAMA is now looking at ways to make the property list easier for the public to access. It also intends to u

Fire-sale auction draws bargain hunters... So many people turned up for an auction of distressed properties in the Shelbourne Hotel today in Dublin that it had to be suspended amid Garda concerns for safety. Some 80 lots, ranging from a Ballsbridge mews to a collection of cut price flats in Portlaoise, are being offered to the highest bidders. The majority of properties are being sold by receivers and include homes in Dublin, Wicklow and Galway as well as small commercial buildings and shops. Such was the interest in the sale that crowds spilled out of the hotel and onto the street. Proceedings had to be suspended for several minutes while non-bidders were asked to leave the main auction room. The venue has seating for 350, with standing room for an additional 500. One lot, an apartment in Portlaoise, was sold to a bidder who was forced to stand on the pavement on St Stephen's Green due to overcrowding. To ease pressure on the hotel, the entire auction is being broadcast