Property News

Property News
House of Ryanair Founder to go on the Market

House of Ryanair Founder to go on the Market

Ryanair Property news in the papers today reports that although no firm decision has been made speculation is growing that the family of the late Dr.Tony Ryan are preparing to sell his 600-acre Lyons Estate near Cellbridge in Co. Kildare.

At the height of the property boom the house was valued at over €100million! But today’s price tag ‘guestimation’ of the property has been set …

Property News
Owners of Turkish Property Face Fines

Owners of Turkish Property Face Fines

Istanbul Turkey Figures released from Turkey’s Ministry of Public Words and Settlement shows that about 65% of buildings in the country do not comply with its zoning laws. In a bid to clamp down on properties without title deeds in Turkey, the government there threatened to fine foreign property owners with incomplete deeds 10,000 Turkish lira (or €4,617).

It was feared that homeowners of holiday villas …

Property News
Green Shoots for UK Property Market?

Green Shoots for UK Property Market?

Property Price in the UK Rise Last week Nationwide Building Society in the UK reported that house prices rose by 1.2% in May sparking rumours the end maybe in sight to the property market doom and gloom.

Despite warnings by Nationwide that any recovery from the current depression that we are in would be a gradual slow change (if any!), a UK house price index report released …

Property News
Top 20 Best Cities in the World to Live In

Top 20 Best Cities in the World to Live In

20 cities around the globe have been picked and deemed to be the best in the world to live in. 420 cities were assessed in total and I”m not quite sure where exactly Irish cities (if any) ranked on the list. The criteria of assessment was detailed, long winded and hard to live up to. Cities were rated on things such as; politics and social environment, the strength of the …

Property News
Home Ownership Scheme Open to Tenants of Council Flats

Home Ownership Scheme Open to Tenants of Council Flats

Home Ownership Scheme now open to Tenants of Local Authority Apartments Tenants of local authority apartments will soon be able to purchase their homes under new legislation announced yesterday by John Gormley (our Minister for the Environment, Heritage and Local Government).

How will it work?

  • The new legislation is due to be introduced next Wednesday, 9th of June, as an amendment to the 2008 Housing Bill
  • Local …
Property News
UK House Prices Rise. Is the end near?

UK House Prices Rise. Is the end near?

Uk Property Nationwide Building Society has reported that UK house prices rose sweetly by 1.2% in May bringing the average house price there up to £154,016 (€178,110). This is the second time in the past three months that UK prices have risen causing an outburst of excitement and spurring on rumours that the depressed property is coming to an end.

Due to low house prices and …

Property News
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 …

Property News
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 …

Property News
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. …

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