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)

Thousands of 'ghost estate' residents will now fall into tax net... THOUSANDS of homeowners living in unfinished developments will be hit with property tax bills from the summer. People living in estates which were classed as "seriously problematic" just four months ago will be forced to pay the tax after the Department of the Environment decided they did not qualify for a waiver. Last year, some 1,322 housing estates containing 43,000 homes were considered exempt from the household charge because essential works needed to be carried out. The Government has now decided that just 421 estates, with about 5,100 households, will not have to pay the property tax. Housing Minister Jan O'Sullivan defended the move, saying that essential works, including public lighting, water treatment systems, roads and open spaces, had been provided in many estates since last summer. The reduction in those qualifying for a waiver showed that progress was being made in ta...

50,000 new homes lying empty in 'ghost' estates... AT LEAST 50,000 newly-built homes are lying empty in 'ghost' estates across the country because of the economic downturn. Hard-pressed developers and estate agents are being forced to drop their asking prices by as much as 50pc in a desperate effort to shift unwanted homes dotted across the country. An Irish Independent investigation has also found that hundreds of housing estates which should have been completed at least two years ago are still unfinished. Figures from local authorities show that county councils will not take responsibility for maintaining roads and open spaces in at least 300 estates because they have not been finished to the standard required by the planning permission. The glut of empty homes -- many built under tax break schemes -- shows the pressures now being faced by homebuilders in the economic downturn. Warned House completions are at their lowest level in years and builders are putting off st...