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property news

This week’s vital property news: Property prices are expected to rise in 2016

Everything you need to know in one quick guided tour.

Daft Daft

EVERY WEEK, WE bring you all the news you need to know about the property market.

The Big Movers

Prospective house and rent increases for 2016

The Society of Chartered Surveyors of Ireland (SCSI) has released a report outlining how much property and rent prices are expected to rise in Ireland this year. The organisation forecasts that rents will rise by 5 to 7% while the price of three-bed semi-detached homes will rise by 4 to 8%.

Charges for recycling bins to be introduced

There will be a new ‘pay-by-weight’ bin charge legislation introduced this year which means that homeowners currently without wheelie bins can no longer leave out individual bags for collection.

Under Construction

Shutterstock / SpeedKingz Shutterstock / SpeedKingz / SpeedKingz

  • Westport House is up for sale after the family who owns it lost a five-year legal battle to retain ownership.
  • The government has committed to putting €10 million into unfinished housing estates in the run up to the general election.
  • Construction spending in Ireland has increased by 14% to €12.25 billion according to Aecom in their annual review of the construction market, reports the Irish Independent.

Eamonn Farrell / RollingNews.ie Eamonn Farrell / RollingNews.ie / RollingNews.ie

Des Res

If you’ve ever wondered what a $34 million (approx €30 million) Miami Beach house looks like, you’re in luck. This spec house from developers Brodson Construction features a two-storey water slide as well as six bedrooms, and a basketball court.

This week’s vital property news: Property prices are expected to rise in 2016
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  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

  • Multi-million waterfront Miami Beach home

Images: Craig Denis via Business Insider UK

And Finally…

Denis Byrne Architects has won the 2016 Architecture Review’s Work Award, the most prestigious award for contemporary architecture in the world.  The award is for their Gas Networks Ireland Services Centre in Finglas, Dublin.

Read: Take 4: Homes for every budget

Also: This five-bedroom double-fronted Celbridge family home is up for sale

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