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$ 2 dollar house for sale gets a flood of offers

Americans, Australians, Nigerians all seek to buy

By
PATRICK COOPER,
IrishCentral.com Staff Writer

Published Friday, September 3, 2010, 7:12 AM
Updated Friday, September 3, 2010, 11:08 PM

 

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Read more - A $2 dollar house for sale in Ireland as property bust continues

The Irish truck driver who offered his four bedroom house in Galway  for sale for $2 has been inundated with offers from as far away as the U.S. Australia and Nigeria.

Michael Dempsey said he had to leave work because of the flood of calls that came in after the story broke.

There are already  several dozen offers on the property set in rural Galway.

“It seems to have struck a chord with people but it is too early yet to see if a deal can be struck,” Dempsey told the Irish Times.

He put  the house on the market “willing to consider any offers of over €1” after failing to sell it after two years. It was worth €320,000 at the height of the boom.

“It’s a liability to me at this stage. I have to insure it, maintain it, pay €200 each year in property tax to the county council and spend other money on it and may have to consider boarding it up, which would be a shame as it is a lovely house,” said Dempsey (48), a single man who lives nearby.

He built the house to provide him with retirement income but it has become a nightmare a she has been unable to sell it.
“I promised I would consider all offers and I will look at all genuine offers,” Mr Dempsey said.

He says can be contacted by writing to him at Gatestown, Moylough, Co Galway.

The inquirers included an American couple, an Australian woman with Galway links and a Nigerian doctor.

Read more - A $2 dollar house for sale in Ireland as property bust continues

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13 Comments

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Posted by walter3ca on Sep 04, 2010, 02:20 PM EDT
Ireland for the Irish!
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Posted by Laura Wilson on Sep 03, 2010, 09:54 PM EDT
Irish ONLY dude
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Posted by CullenAbroad on Sep 03, 2010, 08:04 PM EDT
Yeah, raffle it!
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Posted by galway2001 on Sep 03, 2010, 06:55 PM EDT
why dont you rent it out
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Posted by bronxjames on Sep 03, 2010, 02:48 PM EDT
PLEASE NOT THE NIGERIAN
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Posted by Paulinebyrne on Sep 03, 2010, 11:46 AM EDT
I think he has come up with a clever marketing idea. Just look at all the free advertising he has received all around the world. No doubt it will start a bidding war on the property. Very smart. Most of us reading this I guess, would be willing to pay a lot more than the $2.00. Great marketing ploy. I applaud his creativeness.
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Posted by errigal on Sep 03, 2010, 11:00 AM EDT
Maybe he could sell ticket's so some one could win the house and himselp make enough money along the way to cover his loss.
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Posted by Yerffac on Sep 03, 2010, 10:52 AM EDT
This is a silly non-story. Surely he can do better than that! It might be a good idea, however, to advertise real estate on this site.
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Posted by NyackGal on Sep 03, 2010, 10:35 AM EDT
I'm booking my ticket now...what a deal!
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Posted by Wallywatts on Sep 03, 2010, 10:21 AM EDT
It is very sad. Often our dreams don't come true! Good luck with the house, Galway is a beautiful place to retire. I would jump at it if I didn't have college students here.
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Posted by blst4m4ev on Sep 03, 2010, 09:22 AM EDT
I wish one of the offers he was considering was mine. I'd love to live there in the place where my ancestors are from.
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Posted by LoveDoolin on Sep 03, 2010, 09:09 AM EDT
I've been looking for a hot property in Ireland...this is the hottest by far! I'm going to be in Galway next week on vacation - maybe I can make him an offer in person.
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Posted by fiona1950 on Sep 03, 2010, 09:01 AM EDT
I'd like to make an offer and retire. What could only be the ultimate retirement. I'd sell everything here and start over...........
 


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