Buyers are returning to the property market following the slowdown at the end of last year.
The third budget from Minister for Finance Brian Cowen may not have contained any concessions on stamp duty, but estate agents have taken some comfort from the fact that it has at least restored an air of certainty to the property market.
Just 17 per cent of properties that went to auction in the Greater Dublin area during the second half of this year were sold under the hammer, new figures reveal.
When the Dublin Airport Authority announced last week that it had sold seven of the eight Great Southern hotels, which it had inherited from Aer Rianta, the biggest surprise was the identities of the new owners of the chain’s three airport hotels.
Many investors, property developers and international hotel chains submitted tenders for the eight Great Southern hotels, which had been owned by the state for a number of years.