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THE PAST WEEK has seen a massive property auction taking place in Dublin’s RDS.
A total of €35 million worth of property was available at the event run by Allsop.
There was also news that Longford is set to get a massive new holiday resort.
Here is all the week’s property news.
The Big Movers
Property auctions
This week Allsop held their biggest ever property auction at the RDS in Dublin.
Tuesday’s auction saw a mixture of residential and commercial property up for sale.
In total 290 houses and properties were on sale, with a quarter of these situated in Dublin.
Speaking about the sale, Jonathan Fenn, head of residential with Allsop, said that it was the company’s “largest residential catalogue to date”.
Holiday in Longford?
New plans have been revealed for a €200 million holiday park set to be built in Longford.
The holiday village is set to be constructed on a 375-acre site in Newcastle Wood in the county.
The proposed development comes from Center Parcs, a UK-based family resort operator. It is projected that the site will not open to visitors until 2019.
Under Construction
- While London has gained a reputation for being too expensive to live in, the children of sheiks and oligarchs are enjoying some pretty palatial digs.
- Fianna Fáil has released figures showing that the social housing waiting list is 41,000 applications longer than what had previously been stated.
- The Irish Times has reported this week that Green Reit, a listed property investor, has predicted an oversupply of office space in Dublin by 2018.
Des Res
If you’ve grown a bit weary of the daily grind, moving into the wilderness can seem like a pretty appealing idea. Taking that to the extreme, this week Business Insider has looked at the home of a retired couple who now live in a fire-lookout post in the middle of an Oregon forest in the United States.
Lookouts were used to spot forest fires from the early 20th century up until the 1960s, when they were replaced by satellites. To this day, very few fire lookouts remain standing.
The fire lookout sits on 160 acres on land, much of which is a meadow. As they rise above the tree line, they boast 360-degree views of the land.
The main-level room is 324 square feet, while the upstairs cupola, where they sleep, is a mere 64 square feet. Historically, people watched for fires in the cupola.
Their main option is an outhouse, or "pit toilet," hidden in the forest.
All photo credit to Zillow
And Finally…
Pre-fabricated buildings, traditionally associated with run-down class rooms, have been given a radical overhaul. British architect Richard Rogers has designed a range of pre-fabricated homes in south London to help tackle the housing crisis. The Guardian has taken a look at the project this week.
Read: Looking to buy? The first of two enormous property auctions is kicking off in Dublin today
Also: This €9 million San Francisco home has its own electric car charger
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