Daft Property - Irish Property News

A Souvineer  of the Irish Property Bubble... Not all of Ireland’s ghost estates are half built and ugly - some have a certain charm...like this scheme in rural Waterford. No attention to detail was spared by developer Pat McCoy whan he built the estate  in the village of Stradbally, Co Waterford.  Tucked away at the top of a hill leading up from the village green are 15 chocolate-box thatched cottages.  Enjoy  this video of Ireland's prettiest Ghost Estate ! See the "Pretty Ghost Estate" story  ! (Thanks to David for sharing this video)

Tycoon's dolce vita ends as art seized... THE Dublin city sheriff has seized an art collection and other valuables from the Ailesbury Road home of fallen property developer Bernard McNamara. The collection will be sold to help pay his debts. The sheriff, Brendan Walsh, is believed to have moved against the property developer within the past fortnight, calling to his salubrious Dublin 4 home acting on a court order to seize anything of value from his home to reimburse his creditors. The sheriff is believed to have taken paintings from the family home along with a small number of other items. The development marks a new low for Mr McNamara, once one of Ireland's richest men but who now owes €1.5bn . The property developer and former county councillor from Clare turned the building firm founded by his father Michael into one of the biggest in Ireland. He is the highest-profile former tycoon to date to be targeted by bailiffs, signalling just how far some of Ireland's billionai...

We must demand greater accountability from politicians, regulators and business... PICTURE THE scene: greedy executives, shady solicitors, lying politicians, child- abusing priests, cover-ups, fraud and lots of brown envelopes. It sounds like an episode of US cops and corruption show The Wire, but it's actually the horrifying reality show known as Noughties Ireland . The first series of Noughties Ireland in 2007 delivered scheming property developers and government officials happy to look the other way . Series two featured a shamed taoiseach, several dodgy solicitors, the Fás scandal and questionable banking practices. This year's series sees paedophile priests and bishops who damn children to a lifelong personal hell. Fraud is also likely to make an appearance this year. Paddy Power is taking bets on which Irish sector will be charged with the biggest fraud in 2009. The odds favour banking, property and the legal sector , with telecoms and State/semi-State bodies next in line...