Worldwide interest is building in next week’s auction sale in Dublin, to be held by London auctioneers Allsop.
The sale’s website has already had over 60,000 hits, with 86% of registered visitors from outside Ireland. Much of the interest has come from the UK.
All 87 of the lots due to go under the hammer are distressed, being sold on behalf of financial institutions and receivers.
Allsop’s first sale of Irish distressed properties was in April, when 81 lots were knocked down at bargain prices.
Typical of next Thursday’s auction is a large Victorian house in Dublin, which has a reserve of €1.45 million. Neighbouring properties in the same road changed hands for over €10 million during the boom years.
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Comments
If I could borrow the money, I would be all over Spain, not Ireland.
But for some reason, which I just can't work out, they won't lend me a penny.
Rats!