investor Archives - MyHome.ie Advice & Blog

Number of first time buyers in the market fell again last year

The number of first time buyers in the market fell again last year, according to the latest Irish Residential Market report from estate agents Sherry FitzGerald. The report found that first time buyers bought just 17 per of the properties traded throughout 2014, down from…

Home

Over €25m spent at latest Allsop Space auction

Blog, Home, Industry News, Mortgages & Money, Promoted, Property News, Property Picks, The First Time Buyer, The Investor, The Seller

More than 1,100 bidders snapped up €25m worth of residential property at Thursday’s Allsop Space auction in the RDS. Among the predominantly Irish investors attending the auction was a bidder who paid almost €1m over the guide price for a 36-unit student apartment complex near…

General

Ireland has the fastest-rising property prices in the world

Blog, General, Home, Industry News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Seller

Ireland has the fastest-rising property prices in the world this year, according to a new international study of global markets. The Knight Frank Global House Price Index shows Ireland's 12-month price growth of 15pc running at the fastest rate of all 54 countries surveyed. Liam Bailey,…

Number of borrowers in mortgage arrears down by 11,000 since March

Home, Mortgages & Money, Property News

There are almost 11,000 fewer mortgages in arrears than at the beginning of the year according to new figures from the Department of Finance. The number of loans in arrears for principal dwellings (as opposed to investor or buy-to-let mortgages) was 100,132 at the end…

NAMA sells Ireland's tallest residential building

Commercial Blog, General, Home, Industry News, Mortgages & Money, Property News, Property Picks, The Investor, The Overseas Investor

Ireland's tallest residential building, the Elysian Tower in Cork, has been sold by NAMA. It was part of Project Tower, a portfolio of loans secured on properties controlled by the O'Flynn Group. The portfolio has a face value of €1.8 billion. NAMA refused to disclose…

Investor pays €2.5m for Bill Cullen garage

Commercial Blog, Property News, The Overseas Investor

An overseas investor has paid about €2.5 million for Bill Cullen’s modern garage and showrooms at Airside Motor Park in Swords, Co Dublin. The sale was triggered by Tom Kavanagh and Ken Fennell of Kavanagh Fennell, appointed receivers by Ulster Bank, which had apparently advanced…

Sherry Fitz to showcase Irish properties in London yet again

General, Home, Industry News, Property News, Property Picks, The Overseas Investor

Sherry FitzGerald will once again bring its Irish Property Show to London next year on Saturday 16th February. The event will take place at the Copthorne Tara Hotel in Kensington Square from 11am to 4pm where Sherry Fitz will be display a sample of properties…

Ireland outperforms UK commercial property in Q2 2012

Commercial Blog, The Investor, The Overseas Investor

Total return in Ireland, now positive for the third consecutive quarter at 0.6%, outdid the 0.3% delivered by the UK commercial property sector in the three months to June, according to the IPD UK Monthly Property Index. Nevertheless, and despite growing international investor attention, which saw…

Honohan calls for banks to be recapitalised directly

Mortgages & Money

The Central Bank Governor said last night that not allowing temporary or permanent bail-out funds to directly recapitalise banks directly is a "missed opportunity". Patrick Honohan, a member of the European Central Bank’s governing council, said that injections from the European funding mechanisms to governments…

Hotel property investor sentiment slows

The Overseas Investor

The EMEA hotel property investment market slowed in the second and third quarters of 2011 but the majority of cities can still expect to see some trading performance growth in the next six months, according to the latest Hotel Investor Sentiment Survey from Jones Lang…