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This week’s vital property news: The price of land in Dublin and Rory McIlroy's house for sale

Everything you need to know in one quick guided tour.

House Sign3

THIS WEEK THERE was news that after a brief stall, the price of property seems to be back on the up again.

New figures from the CSO showed prices increasing for a second month in a row in April.

There was also a big hike in the cost of land around Dublin, with new research showing prices going up at a much faster rate than in the rest of the country.

The Big Movers

Back in the swing of things

For a second month in a row the price of residential property has been on the rise both in Dublin and around the rest of country.

In April, prices went up by 1% in the capital and 0.3% elsewhere.

Despite the surges last year, the new figures from the CSO also showed that prices remain well below their 2007 peak, by an average of 37.8% across the country.

cso figures Source: CSO.ie

Prime location

One of the best retail locations in the country has come onto the market.

The location at the top of Grafton Street, numbers 57 and 58, currently houses a Lifestyle Sports with the current company having a 20-year lease on it.

The site has become available for the guide price of €16 million.

The sports retailer only took up tenancy on the site last year. Its occupation of the space returned the street to full occupancy for the first time since the economic downturn.

site on grafton street The site on Grafton Street Source: Tony Healy/Savills

Rory’s Life

You could buy yourself a slice of the type of glamour Rory McIlroy enjoys everyday – providing you have €3.5 million in the bank.

Robinhall House, the former home of the professional golfer, has come onto the market.

The house in Moneyreagh, Co Down has its own tennis court, cinema and private golf course.

the house in Co Down The house in Co Down Source: Simon Brien

Under Construction

  • A number of local residents in Limerick are not happy after the signing of the lease for a gasification plant in the local area. 
  • The Bloom Festival is underway this week. One feature of the festival will be the ‘slum’ garden being facilitated by charity GOAL. 

slum garden How the 'Slum Garden' looks at this year's Bloom Festival Source: Bloom Festival/GOAL

cherrywood development How the redeveloped Cherrywood might look Source: Hines

Des Res

In the world of the super-rich, this week Alan Wilzig has been having a hard time off loading his $38.5 million (€35.3 million). ‘Who is Alan Wilzig?’ you might ask. He is an American entrepreneur who acted as an inspiration for a character in ‘The Wolf of Wall Street’. Thanks to Business Insider, we can take a look inside his condo here…

This week’s vital property news: The price of land in Dublin and Rory McIlroy's house for sale
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  • Alan Wilzig's €35.3 million condo

    Source: Zillow via Business Insider
  • Alan Wilzig's €35.3 million condo

  • Alan Wilzig's €35.3 million condo

  • Alan Wilzig's €35.3 million condo

  • Alan Wilzig's €35.3 million condo

And Finally…

One of the biggest stories internationally this week has been the scandal surrounding FIFA and its President, Sebb Blatter.

An area of the controversy that hasn’t received much attention is what the future holds for some of the starchitect-designed stadiums currently under construction for the forthcoming World Cup in Qatar. This week Curbed reports that this could impact on the Al Wakrah, which has been designed by Zaha Hadid.

stadium in qatar An rendering of how the The Al Wakrah Stadium will look Source: Zaha Hadid Architects

Read: Here is what your mortgage would cost you in Europe 

Also: Take 4: Homes for every budget

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