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This week’s vital property news: Rental prices are now higher than during the Celtic Tiger

Everything you need to know in one quick guided tour.
Aug 25th 2016, 6:01 PM 1,522 0

Source: Daft

The Big Movers reports that rental prices have exceeded peak prices from Celtic Tiger era

Rents in Dublin and around the country have reached an all-time high with average monthly rent up 11.1% in Dublin, 18.2% in Cork and 13.9% in Galway, according to this week’s rental report.

South county Dublin will get a 5.4km road to form part of Cherrywood

Permission has been granted for a new multi-million euro road network of 5.4km to be constructed for the new Cherrywood project in south county Dublin.

Under Construction

PastedImage-12534 Source: Drury PN

  • Plans for the St Anne’s Park development have been scaled back by IMG Planning on behalf of Crekav Landbank Investments. The plan would have seen 381 houses built – but this has now been reduced by 25 to 356
  • There are plans for two developments of luxury apartments and houses in Raheny and Sutton in Dublin, according to a report from the Irish Times. Property developer Greg Gallagher has applied for permission  for the development.
  • CBRE Hotels is seeking offers for the super-pub Zanzibar of over €5 million. The bar has full planning permission to be developed into an 89-bedroom hotel.


Des Res

The third ever Apple employee, Mike Markkula, has listed his California ranch for sale for $45 million (approximately €39.7 million). It’s called Rana Creek ranch, has 14,000 acres to its name and just one bedroom… But there’s a guest house with two bedrooms, so it’ll be grand.

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All images: Business Insider

And Finally…

Merrion Square Open Day 2016 will be this Saturday 27 August. The Georgian houses and other cultural institutions in Merrion Square will be open to the public and hosting tours, exhibitions and special events.

Read: This magnificent mansion in Malahide is just on the market

Also: Just off Mount Merrion Avenue, there’s a detached redbrick home for sale

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Edel Corrigan


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