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This week’s vital property news: Average price of a home is now over €200,000

Everything you need to know in one quick guided tour.

PastedImage-18939 Navan Town Centre Source: Savills

The Big Movers

Average house prices over €200,000 for the first time since the crash

The Real Estate Alliance (REA) has released a report showing that national house prices are up to pre-crash levels. In Dublin, an agent has reported the average price for a three-bedroom semi-detached home has increased to €480,000.

Navan Town Centre is for sale for €62 million

Duignan and McCarthy have put Navan Town Centre and Fairgreen Shopping Centre in Mullingar on the market for €62 million and €11.5 million, respectively.

Under Construction

For Sale Imagery Source: Daft

  • IBEC and the Dublin Chamber of Commerce have called for a scrap on the building height restriction currently in action in Dublin as it limits Dublin’s ability to respond to the housing crisis properly.
  • Virgin Media Owner, John Malone, has bought three Dublin hotels with Irish hotel group Lalco. The three were on the market earlier this year for a combined €180 million.
  • The Building Information Index has shown a 15% decrease in residential applications for planning permission, according to a report in the Irish Times.

PastedImage-76735 Source: Sean MacEntee/Flickr/CC

Des Res

This Brooklyn mansion was once the area’s most expensive property at $30 million (approximately €26.7 million) but after a couple of years it’s now a snip at $12.5 million (approximately €11.1 million) if you don’t mind those alleged mob ties… Check it out here.

This week’s vital property news: Average price of a home is now over €200,000
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All images: Business Insider

And Finally…

The second annual ‘Friendly and Inclusive Spaces’ Awards has been launched by the International Union of Architects (UIA) and is open to all architect members of UIA member sections.

Entries can be submitted online from 28 September till 20 December.

Read: There’s a little Versaille in this Galway mansion with stunning gardens

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About the author:

Edel Corrigan

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