Thursday October 22, 2020

Residential price cuts at auction as tenanted homes go unsold

Vacant homes and commercial property exceed guide prices

21st October, 2018
The Bull Ring on Meath Street in Dublin 8 will go on sale at BidX1’s auction on November 14

In what may have been a bid to beat an increase in stamp duty on residential block sales, a Limerick apartment block sold for more than its guide price at a BidX1 auction last week.

When the auctioneers first offered it for sale Clontarf Hall on O’Connell Avenue, Limerick had a €1.5 million guide price, but it failed to sell on October 12. Five days later its guide price was reduced to €1.2 million and...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 9 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago