This article is from page 21 of the 2012-05-08 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 21 JPG
THREE Clare properties went under the hammer at the latest sale of distressed properties organised by British-based auctioneering firm Allsop Space that took place in Dublin’s Shelbourne Hotel on Thursday last.
The lowest price for the 98 properties that went under the hammer and yielded nearly € 13m was recorded in Clare when a 2.5 acre site on elevated ground in Connolly without planning permission was knocked down for only € 10,000.
This figure represented a new low for the county where Allsop Space auctions are concerned, beating the € 11,000 that was recorded for the sale of a site in the Cloughleigh area of Ennis that came with planning permission for a shop unit and two apartments in 2011.
The two other properties in the county that were sold also went for bargain basement prices, with a holiday home in Doonbeg being sold for € 54,000 and an apartment in Ennistymon fetching € 31,000.
The Doonbeg property is located in the Dun na Mara housing estate in the village – the four-bedroomed property with a sea view had a reserve price but exceeded this by € 9,000, even though the house was described by Allsop Space firm as being “in a shell condition” without fittings in the kitchen or bathoom areas.
The two-bedroomed apartment in Ennistymon located on the junction between Main Street and Parliament Street that was being sold on the instructions of the Kavanagh/Fennell firm of receivers had a reserve price of € 30,000.
Two other Clare properties were also included in the 106-lot auction, but both were withdrawn from the sale. A four-bedroomed bungalow on Station Road in Lahinch had been given a reserve price of just € 50,000 – the property which is just a couple of minutes walk from the centre of the village also came with planning permission granted by Clare County Council in December 2010 to demolish the house and build three town houses in its place. The second property withdrawn was in Crusheen, a four-bedroomed house that had a reserve price of € 75,000.