Property News

Property News
Record number of homes repossessed: Could you be next?

Record number of homes repossessed: Could you be next?

Repossession: Could you be next?

The Irish Banking Federation (IBF) has estimated that there are approximately 14,000 people in Ireland with mortgages in arrears. So it’s not surprising to hear that with the recession in full swing and money fairly sparse that around 225 orders for property repossessions were made by the circuit courts last year. The outstanding credit to private households reached a colossal €171.7 billion …

Property News
Proposed Residential Property Tax For All

Proposed Residential Property Tax For All

Residential Property Tax Proposed

So, the Government have just introduced a €200 property tax for owners of second homes, which might I remind you has been effective since the 31st of July, but now the Government are seriously exploring the idea of introducing a Residential Property Tax for all! That’s right, you heard me, anyone who owns a home, regardless if it’s your first, second, third …

Property News
New properties in Cavan selling for €100,000!

New properties in Cavan selling for €100,000!

Semi detached properties of the Ardkill Place development in Co. Cavan

A new housing development, Ardkill Place located in Ballinagh, Co. Cavan are being sold from as low as €100,000! The development of 35 properties were built by Leatime Construction but the company went into receivership late last year.

A fully fitted five bed property at Ardkill place would set you back €185,000! If a five bed …

Property News
Global Property Report: Top 5 Property Markets

Global Property Report: Top 5 Property Markets

Zurich

The latest Global Property report shows just five countries that have experienced a better property market in Q1 of 2009. So who are the lucky 5 and why? Switzerland, Austria, Germany, Canada, Portugal.

Property prices in Switzerland rose by 5.9 per cent for the year to the end of the first quarter of 2009. Some reasons as to why the Swiss property market is faring better …

Property News
Antonio Banderas property confiscated by Spanish authorities

Antonio Banderas property confiscated by Spanish authorities

Antonio Banderas Marbella Holiday Home

Despite rumors of possible amnesty to be declared for illegally built properties in Spain it seems that they are powering ahead with demolitions of some buildings and developments there. They had called for amnesty because the demolition of the massive volume of illegally built properties was impractical but local authorities did state at the time that where properties are built on protected …

Property News
Top Ten cities billionaires call home

Top Ten cities billionaires call home

Ever curious to know to where all the billionaires live? Well the good people at Forbes decided to compile a nice list of the Top Ten Cities where billionaires call home.

New York One the other side of the pond New York City took the number one spot. The city is home to 85 billionaires. Their Mayor, Michael Bloomberg is their number one resident billionaire. And …

Property News
Improvements in Accessibility of Buildings Proposed

Improvements in Accessibility of Buildings Proposed

Proposals put forward to amend the Building Regulations Article 1997Our Minister for Environment, Heritage and Local Government, John Gormley put forward proposals today to amend the Building Regulations Article 1997 to help further improve access for people with a range of disabilities to buildings and facilities used within buildings.

The proposed amendments will require that all new buildings (other than dwellings) should be “designed and constructed …

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