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How much? A round up of property prices from Ireland

Property prices in Ireland have dropped by 47 percent so why not take a peek?

By
KATE HICKEY,
IrishCentral Editor
Published Wednesday, February 8, 2012, 7:16 AM
Updated Wednesday, February 8, 2012, 10:47 AM

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What can you get for €50,000 / $66,271: a three-bedroom house, Dingle, County Kerry
What can you get for €50,000 / $66,271: a three-bedroom house, Dingle, County Kerry
Photo by Daft.ie


This week Allsop / Space announced they would auction a two-room cottage in Leitrim for under $10,000. 

So far, during the global recession, house prices in Ireland have dropped by 47 percent. The Financial Times reports that in Dublin house prices have now dropped by 54 percent.
 
We decided to take a look at properties from around Ireland. Here’s our selection of the best bargains in properties in various price ranges.

Here’s our pick: 

What can you get for €25,000 / $33,154?
 
Two-bedroom apartment, Limerick City
 
Reserve price listed. To be sold at Allsop / Shape auction 1st March.
 
Apartment includes reception room with kitchen area, two bedrooms and a bathroom. The apartment is one kilometer from Limerick City Center. 

What can you get for €50,000 / $66,271?

 
Three-bedroom house, Dingle, County Kerry
 
Terraced house situated on the outskirts of popular tourist destination, Dingle village. This property will also be sold at the Allsops / Space auction.

 
The property includes a front and back garden as well as four bedrooms, a reception room, kitchen, utility room, en suite shower room and main bathroom.
 
What can you get for €100,000 / $ 132,387?

 

 

Four-bedroom detached house, Kilmore, County Wexford
 
Two-storey house just minutes from Kilmore Village and a five-minute drive from Ballyhealy Beach. Four-bedroom cottage retains original features, windows, cast iron fireplace, and doors. Situated on 0.6-acres of land. 

What can you get for €200,000/ $ 264,732?

Two-bedroom apartment, Salthill, County Galway
 
First-floor apartment in the heart of Salthill Village, just minutes from Galway City. The property comprises of a welcoming hall, large open-plan kitchen/dining/lounge area and a private balcony overlooking Galway Bay and the Clare hills. Includes two sizable double bedrooms. 

What can you get for €400,000/ $529,797?
 

A 14-bedroom, three bathroom house, Lisdoonvarna, County Clare

 

Located in the matchmaking capital of the world, and on the edge of the Burren National Park, the main building of Moher View needs some renovation. An extension at the rear of the property includes utility rooms and five bedrooms. Property is described as an “excellent opportunity.” 
​
See more: Irish property , Irish economy , Irish business news , News from Ireland
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21 Comments

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ciaradexy | Feb 13, 2012, 12:58 PM EST
Paddy, Focus are very vocal regarding the issues. Theyre responsible for the government finally getting a minister for housing! Ive just cut and paste the next bit from the website- By the end of 2013 Focus Ireland will have: > supported a further 2,500 households to secure and sustain a home > delivered 300 additional homes to enable people with ongoing support needs to move out of homelessness > supported up to 7,000 people – including 350 families – every year that are homeless or at risk of becoming homeless > established advice and information services in Cork, Sligo, Limerick, Waterford and Kilkenny to support up to 1,800 people a year who are at risk of becoming homeless > influenced a change of government policy to address the structural causes of homelessness in Irish society > raised €16.9 million through public and corporate support to help fund our services and housing.

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paddygrant | Feb 12, 2012, 11:09 AM EST
Hi Ciara, I am pleased that you help out at Focus, they are a brilliant support but unfortunately not very vocal in recent times, over 1000 evictions took place in 2010, the figures for 2011 are sketchy because so many people gave up their homes due to the pressure being put on them by the banks, I deal with many people everyday in just such cases, The People's Association Watchdog have offered socially acceptable and financially viable alternative solutions to the government here but unfortunately they are only the pen-men for the Banking industry these days, also many of the people I speak to are from rural areas and want to stay there but due to the imposed poverty through highed taxes and prices accompanied by a tsunami of closing businesses, most of these people have been made unemployed and cannot meet the mortgage demands. If our cowardly corrupt government had taken a stance similar to Iceland, Russia, Argentina etc, we would have recovered by now without the private bankers robbing us blind under the protection of our impotent government, even now that we have paid all to the bank robbers they still refuse to offer loans to companies in order to try to generate a spark in the economy, of the €8 billion given to the banks for residential mortgage relief, they have only used €600,000 of that.... where did the rest go??? we all know the answer to that I suppose. I hope that their is a massive turnout to protest at the next allsop eviction auction, they should be run out of town.

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pilib04 | Feb 09, 2012, 08:17 PM EST
ciara, the problem with knocking down the ghost towns is who is going to pay for it. you say the developers but they all escaped unscathed. you won't get anything out of them. the irish people will get stuck with the bill. unless ireland goes through some major change, the market will make the final determination as to what happens with the ghost towns. you were close with pilip, but i prefer the b.

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ciaradexy | Feb 09, 2012, 08:24 AM EST
Woodman, we have enough of our own elderly people here. we need young people! The ghost towns should be destroyed and the developers should pay the cost.

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sirpeter | Feb 08, 2012, 10:35 PM EST
Curitiba.You would get a lot more houses than that in England for 40 quid.Skinheads and all.

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ShaneODowd | Feb 08, 2012, 09:02 PM EST
We're looking for a large estate house or modernized castle/keep in the West Coast near Sligo preferably.

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uliecoolie | Feb 08, 2012, 08:06 PM EST
Awesome!!

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Woodman | Feb 08, 2012, 07:31 PM EST
Prices have yet to hit rock bottom anyway. So get this, they've fallen 47 per cent, so if you bought this Irish "investment property" a year ago and the value doubles from here you barely break even. Beggars can't be choosy but the Irish aren't smart enough to know that yet. So hey ciaradexy don't you worry - the old Yanks are smart enough to stay away. Maybe visit once awhile to see the ghost towns, but that's about it.

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Curitiba | Feb 08, 2012, 04:46 PM EST
50 quid the lot for cash!

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ciaradexy | Feb 08, 2012, 03:13 PM EST
Scrivner, no Irish people would live and work in an area that was just a retirement village for Americans so how would them being there be of any benefit to the local economy? We need vibrant towns here with young, increasing populations not an old folks home. Im out of Dublin most weekends, I pick a destination and I usually stop off in a few different towns along the way. This country is too small to be turned into a retirement village for Americans. We already have parts of Ireland that are full of Germans who do nothing to help the local economy. Elderly Americans would put more strain on public services like the health services. Id like towns to grow not be full of dying yanks!!

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Scrivner | Feb 08, 2012, 02:57 PM EST
The marketing should be aimed at retiring yanks and the like. Seniors seeking the quiet beauty of the countryside without being too far from a town (compared to the distances in the USA). Also, they would bring in their streams of retirement income that would bolster the local economy without drawing down public services (schools, etc.).

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ciaradexy | Feb 08, 2012, 02:20 PM EST
Paddy, no one has been evicted here yet as far as I know and I dont think they are gonna be either. There was an article in the news about it today. I volunteer with Focus ireland which is a homeless charity and in my experience, the homeless dont want to live in rural Ireland. Theyd rather stay in the cities. There has been a few cases where people have been offered housing in Port laoise and other parts of the midlands and they wouldnt take the properties. The bankers should be shot though. No issues there!

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paddygrant | Feb 08, 2012, 01:40 PM EST
Irish Central is doing a disservice to Ireland by advertising and promoting the eviction auction of this British Auctioneer Giant, People are being evicted to fill the brochure of these vampires. Why are the vacant houses not used to accommodate the 100,000 people currently on housing waiting lists or the 5000 people sleeping on the streets instead of evicting more families to bolster the massive payouts for bankers wages and golden handshakes. Please stop portraying this social tragedy as a good thing, suicides are increasing dramatically here due in no small part to the financial woes of families under threat of evication.

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ciaradexy | Feb 08, 2012, 01:39 PM EST
Pilip, ireland needs people to move to these towns, to repopulate them not tourists who move in for a few weeks a year. You cant have shops etc that only open for a couple of months a year either. Id move West myself if there were jobs in hospitals! These houses would end up in bits if they were only inhabited for a few weeks a year. Knock them down unless someone from the area wants one to rent out or use as a hostel or guesthouse.

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pilib04 | Feb 08, 2012, 01:36 PM EST
pub are also failing at a fast rate. probably not the time to buy one unless you plan to be an owner, operator and live above.

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