A small housing estate outside Ballyjamesduff, in County Cavan, sold for $161,000 (€122,500) at auction in Dublin.
These houses sold as part of the Allsop Space auction, held at the Shelbourne Hotel on Thursday.
The group reported that 100 properties sold at the auction, but the sale of this housing estate seems to have garnered most interest.
The three unfinished houses lie on four acres of land outside the town. The lot was bought by a Northern Irish builder, who wishes to remain anonymous. The Irish Independent reports that he intends to finish the houses.
The homes need kitchens and bathrooms. They were auctioned with a reserve price of no more than $52,593 (€40,000).
There are already 36 houses in the finished part of the housing estate, including three and four-bedroom houses. They were built in 2004 and at the time the four-bedroom houses sold for $295,896 (€225,000).
The most successful result was the lodge-style property near Trim, County Meath, named Sartara Grangebective, which was sold in two lots for $1.5 million (€1.2m).
In Dublin, a one-story home (Beaumont Cottage, Beaumont Gardens, Green Road, Blackrock) sold for $1,157,317 (€880,000).
Another notable sale was in an up market suburb of Wexford town. The cottage, in need of decoration, on 14 acres of land, sold for $736,457 (€560,000).
13 Comments
-
-
-
-
-
-
-
-
-
-
-
-
-
Switch to the desktop site to post a comment.sirpeter | May 04, 2012, 10:31 PM EDT
Yeah!! The state and councils seem to be spending a lot of money from what I can see.I guess Bythebay is been her usual foolish self saying they have no money.
billie061 | May 04, 2012, 08:10 PM EDT
Agree with Seamus60, the state and councils have the money when they wish to squander,e.g. a new bridge over Liffey to cost millions, a new sculpture in presidents hovel in park last year that cost a couple of hundred thou but the public won't get to see, one of the t.d's salary or pension would have bought this no prob and with change. Eammon12 they don't give them away people pay rent for them.
Bythebay | May 04, 2012, 07:51 PM EDT
Glad to see these houses have new owners!
exmarine54 | May 04, 2012, 07:34 PM EDT
me and my mentor, de Selbey,,,,so want to buy one of these homes...so we can store our bicycles....and walk the land...and maybe take the road on the left, and down the elevator and visit eternity for a while,,,,and??? maybe find a way to bring some GOLD up the elevator...any takers?
sirpeter | May 04, 2012, 07:11 PM EDT
Bythebay.Yeah!! I know it doesn't affect ya.But I don't like your comments.Belittling you is enjoyable for me.The reality is you don't even have one iota.Irish Americans are not very good at belittling people like you and I'm very good at it.Sigmund Freud would be very disappointed you got it so wrong.You are the id here on IC.But I think you lack a Super-ego.I'm going to be your Super-ego.The super-ego works in contradiction to the id.The Super-ego strives to act in a socially appropriate manner.You're an id-iot and I will affect ya.Watch the Super-ego.~~It's whispering to you~Listen!! You're an id-iot!!
Curitiba | May 04, 2012, 04:30 PM EDT
If the local authority doesn't have €120k to buy these properties, they must be in a bad way.
Bythebay | May 04, 2012, 03:21 PM EDT
sirpeter, your belittling language reflects your level of intelligence, probably also pumps up your super ego. Doesn't affect me one iota.
sirpeter | May 04, 2012, 03:18 PM EDT
Bythebay.Do you have to be a feckin' thicko every time you comment? Economics is not your strong point.Nor is anything else from what I can see.You're as thick as a plank.
Bythebay | May 04, 2012, 02:10 PM EDT
seamus60, and where would the local authority or state get the money to buy them?
Eamonn12 | May 04, 2012, 02:03 PM EDT
Good idea Seamus. The country is totally bankrupt and you think the govt. should have bought these homes to give them away. I wonder how we ever got into this mess in the first place...hmmm.
Mick10000 | May 04, 2012, 01:41 PM EDT
Come back Paddy Riley, and save Ballyjamesduff!
SingleDonald | May 04, 2012, 01:25 PM EDT
A bit off topic, but I must say that Cavan will forever be a sad name for me. When I was 9, Cavan beat Tim Tam in the Belmont Stakes, spoiling Tim Tam's Triple Crown. Tim Tam had the lead, but snapped a bone in a leg. He still courageously held onto 2nd, about 6 1/2 lengths back. He never raced again, but became a great sire of racehorses. Tim Tam was the very first horse I rooted for, because I liked his name!! My choices for tomorrow's Kentucky Derby are: 1) Union Rage 2) Gemologist 3) Take Charge Indy 4) Creative Cause.
seamus60 | May 04, 2012, 08:54 AM EDT
Total disgrace, surely these houses could have been bought by state or local authority, who after all couldn`t build 3 low cost dwellings for anywhere that amount.