One house in Dublin or 100 in Leitrim?
The former chairman of AIB Dermot Gleeson sold his house on Shrewsbury Road in Ballsbridge for a figure believed to be in excess of €5 million. (click here to read more) – a third of the price it would have fetched at the height of the boom. But in today’s market €5 million is a lot of money and with more square foot for your euro, I couldn’t help wondering what you can get elsewhere for that amount .
So €5 million will get you?
One house on Shrewsbury(but it would have to be semi-detached and probably not in pristine condition). Add on €2- €3million plus for one that’s detached and in tip-top condition. And if there are substantial grounds add at least €5 million. Walford (bought by Sean Dunne in 2005 for €58 million) was asking €15 million even though the house needs complete refurbishment. As no sale has been confirmed yet, we wonder if anyone bid anywhere near this figure?
Two trophy houses on Palmerston Park, in Rathmines. Sherry FitzGerald is asking €2.45 for Nadur on Palmerston Park,a super-swanky six bed 325 sqm . However, with no takers so far, the price might be negotiable.Click here
Three Houses in Abington, Malahide. A five-bed mansion, once owned by Ronan Keating (click here to read more)- which he sold back to Parkway Properties two years ago, has just sold for around €1.5 million through Lisney, which is a good price (relatively speaking) considering a clutch of other vendors there are looking for upwards of €1.8 million. Back in the day prices for some of these mock-Georgian mansions were around €3 million.
Four houses with sea views in Howth. There are now fairly substantial houses in Howth asking around €1 million- €1.5 million (and just because they are asking doesn’t mean they are getting) such as Ardeevin on Carrickbrack Road- a four-bed overlooking Dublin Bay with an oval sitting room click here . There’s also Shandon on Carrickbrack Road, a redbrick split level on half an acre asking €1 million with four bedrooms click here.Taobh Coille on Claremont Road in Howth is asking €1.5 million. It is 1,600 sq ft has been refurbished and has a 135 ft garden click here
Five big houses in Dalkey. Such as 24 Ulverton Terrace, a four-bed 250 sq m refurbished house currently asking €1 million. Click here or Waterside on Coliemore Road is a modern detached waterfront house of 2,500sqft / 232sqm with sea views, off street parking and planning permission for a private slipway which is also asking €1 million.Click here
10 big family houses in Cork. There are any number of impressive-looking four and five-bed family homes priced at around the €500,000 mark such as Clifton House in Grange, Douglas, Cork, a five-bed 245 sqm detached house on over half an acre. Click here and Mitchells Court, a new five-bed 220 sqm detached house in Kerry Pike. Click here
20 apartments in Dublin’s docklands. Two and three beds in sought after apartment developments in Dublin’s docklands are now asking around €230,000-€270,000. In Forbes Quay in Grand Canal Square a two bed third floor apartment with a terrace around the corner from the Grand Canal theatre is asking €249,000 through Owen Reilly. Nearby on Gallery Quay a two-bed fifth floor apartment with a balcony is asking €260,000. Click here On the north docks, a two bed apartment on Spencer Dock is asking €240,000 through Hooke & MacDonald.Click here
50 three-bed terraced houses in Finglas. There is a huge choice at the moment of three beds in the area at prices starting at €80,000-€100,000. A three bed end of terrace on Dunsink Drive is asking €80,000. Click here and a three bed terraced house on Abbotstown Drive is asking €89,950.Click here
100 one and two-bed apartments in Leitrim. As Leitrim has the lowest house prices in Ireland, €5m could well get you around 100 apartments priced between €40,000-€50,000. In Dillon Court in Manorhamilton a two bed ground floor isasking €38,000. Click here and 7 The Old Mill, a swish looking two bed in a converted mill is asking €40,000. Click here