house prices

3 Properties for €200,000 in Co. Meath

3 Properties for €200,000 in Co. Meath

3 Properties for €200,000 in Co. Meath

This weeks three featured properties are all located in Co. Meath and all three are priced at €200,000! All properties are deemed good value for money which would make ideal first time buy or family homes. First on the cards is 50 Fitzherbert Court, a 3 bed semi property located in Navan. The property is described as a spacious house in walk in condition and boasts a maintenance free exterior with ample parking. Take a closer look at 50 Fitzherbert Court, Navan

First time buyers: Where their priorities lye

First time buyers: Where their priorities lye

First Time BuyersIn the current market there is room to be a bit more choosy / specific about what you want and about what you do and don’t like when it comes to buying property. Well first time buyers fit the bill of being a picky bunch as a recent survey carried out by MyHome.ie has shown where their priorities lye when it comes to choosing a property. First Time buyers, who are the are the single biggest group in the housing market right, making up 35% of buyers, according to the Irish Banking Federation, would choose storage space, parking and good room sizes over being close to family, friends, parks or schools!

Buy of the week: Coolmore House, Rossnowlagh, Co. Donegal

Buy of the week: Coolmore House, Rossnowlagh, Co. Donegal

Buy of the weekBuy of the week this week is located within the village of Rossnowlagh in Co. Donegal. Coolmore House which is described as a charming house is a Georgian property situated on an elevated site overlooking the idyllic Donegal Bay. The property has being recently restored and retains all of its original character and many period features that include; sash windows with shutters, ornate plasterwork ceilings, wooden floors, marble chimney pieces, an elegant staircase, well proportioned reception rooms, long sash windows with high ceilings and flagstone floors.

The property was renovated with eco / green thinking in mind i.e. it has a wood pellet central heating boiler and solar water heating panels for a constant hot water supply. Other features

Greek bailout: Slow our recovery and affect mortgage rates?

Greek bailout: Slow our recovery and affect mortgage rates?

Greek BailoutTaoiseach Brian Cowen will meet the euro zone heads of government in Brussels today to discuss the Greek bailout and Irelands €1.3 billion contribution to the IMF’S rescue plan for the Greek economy. Greece currently has the highest debt burden and the largest interest-rate bill of the euro countries.

Some economists have commented that the Greek bailout decision is not overly welcomed and could be the detriment of all euro countries, including Ireland. In order for Greece to get their act together over the next two years their bailout will have be accompanied by extremely harsh conditions;

REA Property Auction: Has the market finally bottomed out?

REA Property Auction: Has the market finally bottomed out?

REA Property AuctionAll eyes will be focused this morning on the Real Estate Alliance auction where 59 properties are going under the hammer today for up to 60% less than their original asking price.

The auction, which kicked off at 11am in Dublin’s Shelbourne Hotel includes houses, apartments, commercial properties and development sites ranging in price from €60,000 to €1.5m. Most of what’s on offer today are located in the provinces where the market has taken a heavier hit than in the main cities and towns.

Some believe the auction will help provide the Government with a true valuation of properties across the country and will also reveal the answer to the million dollar question i.e. has the property market finally bottomed out?

Buy of the week: Brook Lodge, Oughterard, Co. Galway

Buy of the week: Brook Lodge, Oughterard, Co. Galway

Buy of the week: Brook Lodge, Oughterard, Co. GalwayBuy of the week this week is located just outside the village of Oughterard in Co. Galway. Constructed in 2001 Brook Lodge is a relatively new property and is also an individually architect designed house part of “small enclave of superior detached homes”.

The property is described as a “splendid family home” that comprises of 5 double en-suite bedrooms over a floor area of 4,000 sq.ft. The property comes with a serious long list of features which includes; a master bedroom with large bathroom and spacious walk-in closet, top quality fitted kitchen by Marcs Interior World, a central vacuum system, a basement with storage, a gym! And a Southwest facing rear garden!

Survey Shows First Time Buyers Ready to buy

Survey Shows First Time Buyers Ready to buy

Survey Shows First Time Buyers Ready to BuyAccording to MyHome.ie, the number of people who plan to buy their first home in the next year is on the rise. A recent survey carried by the property website has revealed that two thirds of first-time buyers hope to make a purchase in the next 12 months, a 7% rise since last Autumn.

Not surprisingly, the survey also showed that first time buyers are looking for cheaper property with 5% fewer respondents looking to buy a property between 300K and 350K, 4% more searching in the 200K to 250K. The three bed semi is the property type of choice as apartments continue to remain out of favour.

Should empty, unfinished houses, ghost estates be demolished?

Should empty, unfinished houses, ghost estates be demolished?

Should empty, unfinished houses, ghost estates be demolished?According to a few sources & reports released earlier this month the stock of empty homes in Ireland soared 30% in the three years through 2009 and it is now estimated there are between to 345,000 and 352,000 vacant houses in Ireland.

Bad-bank NAMA aims to buy €80billion of property loans as part of a government plan to free up lenders but has warned only one third of loans – €27bn of the €81bn to be taken over by NAMA are functioning with debtors paying money owed or at the very least some of the interest on the loan. As a result, NAMA chief executive Brendan McDonagh told the Oireachtas Joint Committee on Finance this week that it may be forced to knock down unfinished property developments outside Dublin…“We may well be faced with the very difficult decision of perhaps knocking down certain developments”. …

One in three struggle to pay bills

One in three struggle to pay bills

 One in three struggle to pay billsResults of a survey carried by the Irish Mortgage Corporation have revealed that almost one-in-three Irish consumers admit they are having problems paying their bills.

Their Personal Budgeting Survey shows there has been a 59% increase on last year on the numbers struggling last year to meet their payments on mortgages, loans, credit cards and electricity bills. Close to three out of four consumers said they plan to reduce their spending further in 2010 to cope with higher charges, particularly rising mortgages rates. Ways of cutting back on spending included prioritizing paying off high-interest debts such as credit cards, more than a third said they will cancel their family holiday while one in four said they planning to cut their pension contributions. Not only that but the survey showed that one-in-five mortgage holders said they had been preparing for increases to their monthly repayments by saving…

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