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Temple Bar landmark on sale with a €10m price tag: 5 things to know in property this week

And there are still €11m worth of water refunds waiting to be claimed.

SO MUCH CAN happen in seven days, especially in the world of property, meaning it can be easy to miss out on some vital news.

But fear not, our five-minute digest of the biggest stories will keep your finger on the pulse. This week, there are Irish Water refunds yet to be claimed, and Galway City Council are getting high praise.

1. Landmark Temple Bar hotel on sale for €10.7m

original Source: Savills

Dublin Citi Hotel, located slap-bang in Dublin’s city centre on Dame Street, is on the market for €10.7 million.

The hotel comprises of 27 bedrooms and is made up of two buildings, both built at the turn of the century. Seeing as the site next door is the original home of The Central Bank,€10.7 million is a guiding price that reflects the future creation of an area known as Central Plaza.

2. Have you claimed your water refund yet?

shutterstock_644725771-390x285 Source: Shutterstock

Although the majority of the Irish Water refunds have been paid out, engagement has slowed for the remaining homes, resulting in more than €11 million of unclaimed refunds for over 43,000 households.

Minister for Housing Eoghan Murphy says there is no cut-off date for the making of refunds, but the “low level of engagement” by the remaining customers suggests that the refunds will remain unclaimed. If you’re entitled to a refund, then you should contact Irish Water on 1850 448 448.

3. Plan for 110 new homes sparks controversy in Limerick

clem-onojeghuo-215220-unsplash Source: Unsplash

Limerick locals are not happy following the granting of new planning permission for 88 hours and 22 apartments on the city’s north side.

According to the Limerick Leader, controversy was sparked when it came to light that a new development could require a second entrance to the Condell Road. Residents fear increased traffic congestion – as well as a negative impact on the environment, as the site is located near the Westfields Wetlands.

4. Chesterfield House estate could be the site of 200 new homes

4012448 Source: Cairn Homes

Cairn Homes is in talks with An Bord Pleanála about constructing over 200 homes on the 3.2 hectare Chesterfield House estate in Blackrock. Bought in 2004 for €47 million, Chesterfield House is Dublin’s second most expensive residential property.

The new plans include demolition of the non-original fabric of the house to make way for a fast-tracked development .

5. Galway City Council ranks highest for transparency

shutterstock_1087709471-390x285 Source: Shutterstock

Galway City Council has topped a new ‘integrity list’ based on the country’s local authorities.

The first National Integrity Index launched by Transparency International Ireland ranks Ireland’s 31 local authorities based on three criteria: transparency, accountability and ethics. Fingal County Council, South Dublin County Council, Dublin City Council and Monaghan County Council also took top spots. However, Galway County Council was ranked last, with an overall score of 17%.

And not forgetting, this week’s property buzzword…

We’re breaking down the complicated world of property jargon, one buzzword at a time. This week, it’s passive house, which is exactly what this week’s Something Different is. Passive House is a construction concept that’s integrated with an architectural design to ensure that the new structure is energy-efficient, affordable and eco-friendly.

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