Friday, April 15, 2011
If only it were London
Top Irish Properties Sold Off On The Cheap
Irish homes that were once worth millions could be sold for a fraction of the price at the country's first ever "distressed property" auction. Highlights include a penthouse apartment in Dublin's Chancery Lane. Three years ago, it would have cost 1m euros. The maximum reserve at today's auction is a quarter of that. Until now, the value of property has been dictated by over optimistic vendors. The auction will allow bidders to determine the true value of property in Ireland's stagnant market.
Posted by drewster @ 08:05 AM (1302 views)
One thought on “If only it were London”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
mark says:
still too expensive given the downgrade