Savills Ireland Archives - MyHome.ie Advice & Blog

Value of hotel sales in Ireland could be close to €1bn by end of the year

The value of hotel sales in Ireland could be close to €1bn by the end of the year, according to property consultants, Savills Ireland. In its latest commentary on the hotel property market, Savills reports that an acceleration of activity in the second half of…

Roland O’Connell appointed new Savills chairman

Industry News

Estate agent, Savills, has appointed Roland O’Connell as new chairman of its Irish operations. O’Connell who has been with Savills for 33 years is a veteran of the Dublin commercial property market and has extensive experience letting headquarter offices for high profile muiltinationals investing here.…

Land prices down 30% in the North in last two years, according to Savills

General, The Investor, The Overseas Investor

A lack of activity in the North's land market has compounded the rapid loss in values that took place between 2008 and the end of 2009 with land prices down 30% in the last two years. The lack of funding coupled with weak demand from…

Property viewings on the rise, insist Savills

Industry News, Property News, The First Time Buyer

Property consultants Savills Ireland today said that the last three months has seen growing evidence of buyers showing real interest in the property market, particularly in the greater Dublin area. The property experts say since January they have seen a big increase in activity levels…

City homes set to rise in value, insist Savills, but apartment prices still falling

Mortgages & Money, Property News

This year holds diverse predictions for the property market depending on which type of property you're looking at, according to property consultants Savills Ireland. For example, mature city homes have just about fallen as far as they'll go but the likes of city apartments could…

Savills sell Donabate site for €350,000

Mortgages & Money, Property News

Savills Ireland have today confirmed that a private investor has bought a development site of 1.2 hectares (three acres) at Donabate village in north Dublin for a figure understood to be about €350,000. The same plot was offered for sale in 2009 at a guide…

Rents on the rise

Mortgages & Money, Property News, The Renter

After falling by 25% since the Celtic Tiger peak in early 2008, residential property rents are on the rise again and could go up as much as 14% by 2013, according to property consultants Savills Ireland. Ronan O'Driscoll, Director of Residential at Savills Ireland said…

Government urged to get off the fence regarding upward-only rent

Commercial Advice, Market News

There has been a near 100% collapse in activity in the commercial property market since the peak in 2006 and the government needs to get off the fence regarding upward-only rent and make a decision, according to Savills Ireland. The property consultants said that the…

Savills calls for new initiative for first-time buyers

Property News, The First Time Buyer

A NEW initiative for first-time buyers could rake in over €25 million for the government if introduced. Property consultants Savills Ireland have said that unlike second-hand homes, 13.5% of the sale price of a new home is paid in VAT. This compares with a zero…