Daft Property - Irish Property News

Lot Type Location Reserve Price will not exceed this figure 1 Investment Flat Dublin 1 Sold €160,000 2 Leasehold Flat Dublin 4 Sold €130,000 3 Vacant Flat Blackrock €185,000 4 Vacant Flat Howth Sold €183,000 5 Vacant Flat Galway City Sold €144,000 6 Leasehold Flat Dublin 1 Sold €167,500 7 Leasehold Flat Dublin 8 Sold €92,000 8 Vacant Freehold House Clara Sold €72,000 9 Vacant Leasehold House Renvyle Sold €110,000 10 Vacant Flat Blackrock Sold After 11 Investment Freehold House Loughrea Sold €127,000 12 Vacant Freehold House Lackaghmore Sold €164,000 13 Vacant Freehold Building Fermoy Withdrawn 14 Vacant Freehold House Ballyjamesduff Sold €79,000 15 Leasehold Flat Dublin 1 Withdrawn 16 Investment Flat Dublin 8 Sold €116,000 17 Vacant Freehold Building Gorey Sold €120,000 18 Investment Freehold Building Rathgar Sold €320,000 19 Investment Freehold Building Rathgar Sold €459,000 20 Investment Flat Salthill Sold €158,000 21 Investment Freehold Building Dublin 12 Sol

New property fire sale next month... Two period houses in Rathgar and a six-bedroom house on one of the leafiest roads on Dublin’s northside are likely to be among the most sought after properties going under the hammer at the Allsop/Space auction next month. The auction of distressed properties, the third to take place in Dublin since April, will be held in the Shelbourne Hotel on Friday September 23rd. There will be 74 residential and commercial properties across the country on offer. The two Rathgar houses are currently split into flats. One of the houses will have a reserve which will not exceed €240,000 while a neighbouring house has had its maximum reserve set at €380,000. At the height of the boom, houses on the road were routinely priced at over €1.5 million. A six-bedroom, three-storey house on Alphonsus Road in Drumcondra has a reserve which will not to exceed €295,000. It is located not far from an Iona Road property which proved to be the most sought after lot in th

Distressed property auction by Savills... AROUND 100 distressed investment properties, mainly in the greater Dublin area, are to be auctioned on a single day in September. The move by Savills Ireland to kick-start both the residential and commercial investment markets is expected to generate sales of over €20 million. Ronan O’Driscoll, of Savills Ireland, said most buyers at the September 29th auction were likely to be cash-rich investors happy to put their money into property now that values had fallen sharply. In the past, investors banked on capital appreciation but it was now all about rental return and in many cases buyers could expect yields of 9 to 10 per cent compared to 3.5 per cent on bank deposits. The announcement that Savills will be staging Ireland’s “biggest ever property auction” comes after last month’s successful auction of distressed properties in Dublin by British auctioneer Allsops and its Irish affiliate Space. They sold 80 of the 81 lots in a packed Shelb