Property News

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 …

Property News
Bernard Madoff's Properties seized

Bernard Madoff's Properties seized

Bernard Madoff US Properties

Last week Bernard Madoff’s New York Upper East Side Manhattan penthouse worth $7million was seized by US marshals.

Bernard Madoff who was the brains of a multi-billion-dollar (€65 million to be exact) investment fraud owned numerous properties stretched from New York City to the French Riviera which totaled a value of $22 million. His $11 million Palm Beach Estate in Florida and his …

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 …

MyHome.ie Property Barometer Q2 2009

  Asking Prices continue their descent in the year to June but the pace of decline moderates significantly in Q2 2009. Summary Nationally average asking prices fell by 14.66% in the year to June 2009 and Dublin average asking prices fell by 17.8% over the…
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. …

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