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This week's crucial property news: One-third of Airbnb properties outside Dublin aren't lived in

And a peek inside Tommy Hilfiger’s massive 17,600 square foot estate.

2dcyhvbhv-m-naomi-hebert Source: Unsplash

The Big Movers

More than a third of Airbnb homes outside Dublin aren’t lived in by their owners

In a report released by the home-sharing site, it was cited that 36% of properties available for rent outside Dublin were not the primary home of the owners. In the capital, this figure is 12%. The Department of Housing has set up a working group to review whether new regulations regarding Airbnb are needed to help tackle the housing crisis.

Changes have been made to the mortgage-to-rent scheme

These amendments will now allow private companies to buy properties, clear the debt of the home-owner and then offer a 20-year lease, and in doing so allow people to sell their homes but to continue to live in the property.

Edenderry has more vacant property than any other town in Ireland

A report analysing 101 locations by Irish buildings database GeoDirectory and DKM Economic Consultants found that 31% of commercial property was lying vacant in the Offaly town at the end of 2016. It also found that Sligo had the highest commercial vacancy rate of any county, at 18%.

Under Construction

3220047 Source: Vimeo

  • Charleville Town Centre has come on the market after it failed to sell in 2014. The retail outlet is built on four acres and currently has 15 of 17 units still available to rent, according to The Examiner.
  • Prices of commercial property in Dublin may be on the rise as a building on Temple Road, Blackrock, Co Dublin sold in a bidding war for 23% above guide price, according to The Irish Times.
  • Fora has reported that Suas, a building project for cable cars suspended over the Liffey, has been halted and may never come to be built.

Des Res

As New York Fashion Week kicks off this week, we take a look at Tommy Hilfiger’s All-American home between Long Island and New York city, which has a tennis court and a private screening room, and is decorated with antique Bavarian antlers, no less.

Source: Architectural Digest/YouTube

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