Daft Property - Irish Property News

From €25,000 to €1.45m: another distressed auction... AUCTIONS: There’s interest from around the world in next’s week’s big sale DUBLIN’S Shelbourne Hotel is expected to be packed again next Thursday for the second auction of distressed properties to be offered to the highest bidders by auctioneers Allsop/Space. Most of the 87 residential and commercial properties are being sold by financial institutions and receivers. They include 59 houses and apartments, mainly in Dublin, Cork and Waterford, but also in counties ranging from Laois to Donegal. Apartments already rented have been of particular interest to many people who have checked out the online sales catalogue prepared by the Allsop/Space partnership. The site has already had more than 60,000 hits, a figure that is expected to grow to over 100,000 by next Thursday. Just over 14 per cent of the enquiries have come from Ireland but there has been almost an equal level of hits from interested parties in the UK, USA, France, A

Rock-bottom lots top the agenda in Cork... A Cork agent is hoping to repeat the success of the Allsop/Space auction, putting 65 properties to auction tomorrow in Cork A GLUT of houses selling at half their original price in Urlingford, a convent in Tipperary and a handful of island properties off the Cork and Kerry coast are hotly tipped to draw bidders to a auction of discounted property in Cork tomorrow. The 65 properties going under the hammer at the Radisson Little Island at noon have attracted 40,000 hits to the auction website (macestateagents.ie) over the past three weeks. The auction is being run by Noel Forde and Tom McCarthy of Mac Estates and GMAC Properties of Bandon and Castletownbere. Their initial aim had been to auction Cork properties, but since they announced plans for the auction they have attracted properties from Kildare, Kilkenny, Tipperary, Waterford, Kerry and Clare. Inundated with offers from owners eager to offload property, auctioneer Noel Forde cap