Month: May 2009

Dubai Auction Flop

Dubai Auction Flop

Dubai Estate Agents in Dubai made their first stab at trying to get their depressed property market off the ground and into a better mood this week. While they expected a great news story the auction turned out to be a complete flop and not one property managed to sell. While the attendance was not so bad only three bids were made during the …

Office Space take-ups nose dive by 75%

Office Space take-ups nose dive by 75%

Office Space take-ups nose dive by 75% Following on from yesterday’s blog on traders shutting up shop due to high rent rates the latest Irish Auctioneers & Valuers Commercial Market briefing has said that annual take-up levels of office space in the big smoke is likely to drop by a whopping 75% this year.

The drop sees us going from an all-time high of 300,000sqm …

High Rents Force Traders to Close in St. Stephens Green

High Rents Force Traders to Close in St. Stephens Green

Closed Sign It was only back in October that a property company revealed Grafton Street to be the 4th most expensive retail street in Europe. With rents of up to €4,430 per sq m, the street follows the Champs Elysee in Paris and New Bond Street in London.

But now the massive rents have crept a little bit further up the street and into St. …

How much is an Estate Agent these days?

How much is an Estate Agent these days?

How much does an Agent Cost? There is no fixed price / “government controls” on Estate Agent fees in Ireland. In the past they varied anywhere from 1.5% to 4% but nowadays the average charge is 1.5% of the sold price of your house +21% VAT (however that doesn’t say that you still can’t be charged above this!)

So give me an example of how much …

Dream Fridge for Renters

Dream Fridge for Renters

Did you, like me wake up this morning to find you had no milk for your cereal? Even though you are sure there was a full carton there last night? Being a renter you might find yourself sharing a small dingy fridge with so many others. If you would like to eat the food in your fridge that you have bought before …

Key Costs When Selling Your Home

Key Costs When Selling Your Home

Money Tree When selling your house you would think that cash is coming your way in bundles but once you’ve have decided to put the humble abode on the market you actually have to spend some well earned cash in order to get that sale.

So what are the costs involved in selling you home? There are a few things that you need to do such …

Own Villa Along Great Barrier Reef

Own Villa Along Great Barrier Reef

Great Barrier Reef Australia

Have you ever fancied living on an island, perhaps even on an island in Australia’s stunning Great Barrier Reef? Look no further than Hamilton Island. The island not only offers a wide range of properties to suit various budgets but there are no restrictions to foreign ownership of residential property! Brilliant! Also no need to fear that your panoramic views might be …

Difference between fixed and variable mortgages?

Difference between fixed and variable mortgages?

What is the difference between a fixed mortgage and a variable mortgage?

If you had a crystal ball and could look into the future and forecast on whether interest rates would rise or fall this would make for an easy answer! With mortgage rates on a continuous downer these days having a variable rate right now would be brilliant! However rates can easily swing the …

Rural Tax Incentive makes Sligo Property Quite Attractive

Rural Tax Incentive makes Sligo Property Quite Attractive

Rural Tax Incentive makes Sligo Property Quite Attractive On offer in Yeats Country County Sligo, are large 4 bedroom detached houses for €295,000. Now, if you think at this price the houses are a bargain, well, it doesn”t stop there. Ivy Grove housing development in Collooney town a mere 7 miles from Sligo comes under the umbrella of the Rural Renewal Tax Relief Scheme.

Under …

What’s my Property Worth?

What’s my Property Worth?

What is your property worth How many times have we heard ‘In today’s market you have to have realistic expectations’ and to ‘Get the price right’ when selling property. However that’s easier said than done and ‘in today’s market’ it’s no easy task in figuring out what exactly is the right selling price for your house.

So how do you go about valuing your house …

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