Category Archives: Property News

$11.8m for Glenn Close New York Apartment

Glenn Close has just listed her ‘condo’ that overlooks Central Park for a nice tidy sum of $11.8m! (or approx €8.6m) When you divide it up its just under $50,000 in monthly repayments – well that’s a few extra noughts added to my current rent!

345,000 vacant homes in Ireland

According to a report published by the Urban Environment Project at University College Dublin, there are no less than 345,000 empty houses or apartments in the State. This figure equates to just under 18% of all housing in the country.
This enormous oversupply of homes available in the Irish property market is a number well above [...]

Biggest property in the US: Ira Rennert’s Mansion

Reportedly the self-made billionaire Ira Rennert, founder of the Renco Group owns the largest residential property in the whole of the US. The property is situated on a 63 acres site in Sagaponack, New York and has 29 bedrooms, 39 bathrooms, as well as the usual gigantic dining room. In addition to the main [...]

Drop in UK house prices during February

According to the last property index report from Halifax in the UK residential property there saw an unexpected price fall of 1.5% in February. The decrease has been the first drop in UK residential house prices since June last year. The decline followed a downwardly revised 0.4% rise in January and left prices 4.5% higher [...]

Winning Design: New US Embassy for London

Finally, after much anticipation and debate, the plans for the new US Embassy in London, designed by the Philadelphia firm KieranTimberlake were announced late last week.
The new building will be situated in the Nine Elms opportunity area of London, overlooking the southern edge of the Thames is to fill approx a five-acre site. The new [...]

€1m Restoration Scheme for pre 1960’s Farm buildings

Many traditional farm buildings are to be rescued from near extension by a new EU-funded grant scheme. The project aims to restore traditional Irish Farm buildings around the country to their former glory in order to help preserve our past traditions, history and culture i.e. ‘things’ that are “distinctively Irish”; “old farm buildings are what [...]

Threefold increase in ‘Sale Agreed’ properties

There has been a threefold increase in the number of ’sale agreed’ second hand homes in January compared to the same time last year according to new research carried out by MyHome.ie. The new data shows that sale agreed properties in Dublin rose by over 300% with 658 properties reaching sale agreed status last month [...]

Opportunities in India for Irish Construction Workers

The Ireland India Business Association (IIBA) in conjunction with the Construction Industry Federation (CIF) organised a meeting today to highlight the current opportunities in the property and construction sectors in India to Irish companies.
This morning, construction businesses, bosses and employees alike heard about the plethora of work and money available in India in the [...]

The Worlds Tallest Building: Burj Khalifa opens its doors

The United Arab Emirates kicked off the New Year with a great start this week with the impressive opening of it’s and the world’s tallest building, the Buri Khalifa in Dubai, standing at 828 m and built at a total cost of $1.5 billion US Dollars.
The exterior cladding of Burj Khalifa consists of 1,528,000 sq [...]

Let the free market determine who buys what and where?

The recent survey of first time buyers conducted by MyHome.ie showed that 48% had received a loan approval, a further 31% were actively seeking a loan approval and 58% of those surveyed intended buying within the next twelve months indicating an underlying demand for housing yet to be satisfied.
But one third of first time [...]