A D4 home fit for a president on the market for €925,000
Where do older residents of the huge trophy homes of Ballsbridge trade down to? Bloomfield House in Donnybrook, Dublin 4, has come full circle: having been built in the 18th century as an elite society home, it is today enjoying a new incarnation as a development of period conversion apartments popular among Ireland’s most powerful downtraders, the senior burghers of Ireland’s most expensive homes in D4.
Love the one you’re with – how to put your stamp on your rental home
Make a move to Milltown and take a view from a bridge. The Irish Times well-informative article on a guide to Milltown, a well-connected neighbourhood of upmarket homes. What’s good and what’s not so good.
Goodbye, open plan, hello, panic rooms: your guide to the post-pandemic property market with views from Owen Reilly
What will the new normal for property look like? Country living, super basements and the end of open plan, say the experts
Q1 2020 Residential Market Review
ur Q1 2020 Residential Market Review showed a promising start to the year prior to the Covid-19 crisis. Selling prices were on average 2% above asking at €437,435. Owner-occupiers accounted for 70% of buyers building on the second half of last year. 65% of our vendors were landlords exiting the market, so the amount of rental accommodation continues to deplete. 65% of our buyers are Irish and the number of Asian buyers continued to increase at 17% up from 13% in Q4 2019. Since the start of the crisis, 30% of our sales have fallen through and the number of new listings is down 82% compared with the same period last year.
Our average rental is now €2,456 per month, up 1.4% compared with Q4 2019. This quarter we saw a significant increase in tenants from America and India. Only 18% of our tenants across Dublin are Irish. 66% of our tenants are working in the technology sector.
Covid-19 has effectively frozen the residential property market and the Irish economy. It is too early to estimate what the overall impact will be on the economy and in turn the property market. Time will tell!
Coronavirus effect prompts five-year high of homes for rent in central Dublin
he rapid spread of coronavirus has prompted a flight from the Airbnb model of short-term rentals to longer term rental in key Dublin areas.
According to the latest listings from property rental website Daft.ie, the number of available one- and two-bed properties in Dublin 1, 2, 7 and 8 jumped to a five-year high of 535 on Tuesday evening.
4 of a kind… Dublin 6
First-time buyers on the hunt for a property needing work might be interested in 19 Collier’s Avenue in Ranelagh, which with a bit of imagination and hard work could be a lovely bijou home for a single person or couple located in one of the most desirable parts of the sought-after postcode.
Make a move to Milltown and take a view from the bridge
The Irish Times well-informative article on a guide to Milltown, a well-connected neighbourhood of upmarket homes. What’s good and what’s not so good.
The smart way to sell a rented property featuring Owen Reilly
Selling with tenants in situ can be problematic but there are ways to keep everyone happy. Our article on the smart way to sell a rented property featured in the Irish Times.
4 of a kind… Downsizer apartments
28 The Warehouse, Clanbrassil Terrace in Blackpitts, Dublin 8, a smart one-bedroom apartment loft-style apartment with 117sqm of living space.