Sales of tenanted properties here to stay

Traditionally, vendors have removed residential tenants in order to get better prices, but the market is changing

7th October, 2018
4
Nucella Lodge in Omeath, Co Louth: overlooking Carlingford Lough, and on offer for €200,000

The pattern of removing residential tenants from properties before they are sold is changing. As many as 80 of the lots being offered for sale in BidX1’s online auction on Friday next, October 12, will be tenanted properties.

Traditionally, it has been easier for vendors to sell vacant residential properties and get better prices, as vacant ones appeal to both investors and home buyers. But because vendors de-tenanted properties in order to sell, those departing...

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