Property review: Trophy homes defy the gloom to fetch millions

The resilience of the real estate sector this past few months was especially apparent at the top end of the market

2nd January, 2022
Property review: Trophy homes defy the gloom to fetch millions
Liss Ard Estate in Skibbereen, Co Cork, which sold for €3.5 million, was among the top country sales

The ability to adapt in the face of the Covid-19 pandemic was undeniably evident in the property world last year, with the fundamental economic principle of supply and demand the defining feature.

Virus-associated lockdowns have exacerbated the chronic problem of lack of supply in both the new and second hand markets. That, coupled with rising and pent-up demand, has pushed up prices again as buyers compete against each other and vendors jump at the opportunity...

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