Property News

Property News
MyHome Property Barometer Q2 2009

MyHome Property Barometer Q2 2009

MyHome.ie Property Barometer Q2 2009

It’s too early to call the bottom but the worst could be behind us as falls in property prices have ease significantly in the second quarter of this year according to the latest Property Barometer released by MyHome.ie. Some findings of the report include:

  • Nationally, asking prices have declined by 18.5% and by 23.3% on average in Dublin, since their peak
  • 7 months …
Property News
Experts’ argue over Green Shoots forecast

Experts’ argue over Green Shoots forecast

Real Estate Analyst Argue over Property Market recovery

Can you believe that an argument / disagreement has broken out between real estate analysts on which country they believe will recover first from this disastrous and gloomy economic hole we are all trying to dig ourselves out of.

Real estate analysts are slowly moving away from reports on how far we have fallen …

Property News
Good news for apartment dwellers

Good news for apartment dwellers

Apartment BlockThe introduction of the Multi-unit development Bill is a step in the right direction for apartment living in Ireland. The bill which was introduced last month aims to protect those living in apartment blocks and small housing estates. Under this bill, owners will have a greater say in the running of the property management companies.

The bill also tackles the issue of developers …

Property News
Upward only rent reviews to be banned

Upward only rent reviews to be banned

Smilie Faces of Commercial Lease Holders Good news for all those with Commercial leases as Justice Minister Dermot Ahearn tabled an amendment to the Land and Conveyancing Law Reform Bill yesterday which will see the ban of upwards only rent reviews.

However the change will only apply to new commercial / business leases signed after the new legislation has been passed but it is a welcomed …

Property News
Homebuyers lose deposits as Laragan Homes collapses

Homebuyers lose deposits as Laragan Homes collapses

Milners Square Santry At a creditors meeting yesterday, around 100 prospective property buyers of apartments in Milners Square Santry and in Carrickmines Green, Carrickmines were told that they would get back only 1% of their deposit.

With the collapse of the Laragan property development company potential homebuyers of these apartments are now facing a refund of 99% less than that of what they had paid. …

Property News
Spain hopes for amnesty for illegal properties

Spain hopes for amnesty for illegal properties

Malaga Beach FrontMany investors and owners of Spanish property who have been affected by the crackdown on illegal planning are breathing a sigh of relief today. Reports from Spain yesterday point to the possibility of amnesty to be declared for illegally built properties.

During the property boom era, Spain witnessed (similar to other countries, but on a larger scale) a mass amount of corruption in …

Property News
Landlords Warned to get Tax Affairs in Order

Landlords Warned to get Tax Affairs in Order

Landlords Warned to get their tax affairs in order It seems buy-to-let investors and landlords are not having an easy time of it lately. With falling rents, longer vacancy periods, reductions in mortgage interest relief, rising mortgage rates and recent tax changes in the budget it can’t be an overly profitable business at the moment. Not only that but Revenue Commissioners have now been …

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