Sunday 26 January 2020

Rural property prices bottom of the ladder

THERE is always a lot of focus on the top of the property market but one can learn a lot by looking at the bottom as well.

New figures from the endlessly fascinating property register throw up some extraordinary bargains all over the country.

A site in Seagull Park in Clogherhead in Louth sold for €10,000 last month but even that seems expensive compared to 6A Tom Clarke Terrace in the charming Co Cork town of Midleton which went for the curiously precise price of €8,888.16.

Even cheaper was Dean Lodge in the isolated but beautiful townland of Shanagolden in west Limerick which sold for €8,333.

The cheapest transaction of all took place in Glounanarrig in Macroom, clocking in at a meagre €6,348.

The revival in prices that is obvious in south Dublin these days obviously has some way to go before it lifts all boats.

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