Buy 14 houses in Co Kerry for just $62,000 - rock bottom Irish property auction

turn it back in to a green field

jimod4343: thanks for your reply. If the sewerage, electricity and water infrastructure is not done by the Council, then you're right, it would be a total nightmare to get involved with. Might be better in that case to bulldoze them because these issues will be a problem for years to come as the houses fall into disrepair.

@Curitiba most of these estates are on land that has not been adopted by the local county council and there is therefore a 'Management Agent' involved who is responsible for communal area lighting, sewerage etc. In many cases the sewerage systems are incomplete. All (house)owners are responsible for an annual service charge which is usually the legacy of the original rip-off attempt. Many management companies have gone bankrupt or simply disappeared. If this is the case no houses can be bought or sold at all legally. In my opinion these houses are worth nothing at all, and these auctions are just an attempt for the developers to cut their losses. Yes it's a beautiful area, but don't touch these houses unless you want to be caught up in an expensive legal nightmare.

Why don't they sell them singly? I'd buy one and finish it. If you sell them together, you are going back to square one, you have to find someone with the hundreds of thousands of euros to invest in them to finish them. They're going then charge top dollar for them, they're not going to sell for that reason, the vendor will go bankrupt and they'll be up for auction again. Let individuals buy them and do them up as they go. Looks like a beautiful area.