Millions of euros worth of Irish property was sold at two separate auctions yesterday, each streamed live online from Cork and Dublin, and they followed on from a further €12.5 million netted at the inaugural Allsop Private auction last week of 20 properties, at average sale prices of €625,000.

A West Cork retail investment, previously occupied by a pharmacy has been put up for sale, with dual street access, in the heart of Clonakilty town.

Nine out of eleven lots, representing 14 out of 16 properties, sold this week at a packed DNG Creedon auction in Cork City’s Clarion Hotel, with one property having had so many viewers in one session “if I had put a wooden box in the front room, it would have seemed like a wake.”

Documents furnished to a buyer of a unit at the questionable Longboat Quay complex did not reveal the extent of existing issues, writes Michael Clifford

Anybody out there with a few bob interested in picking up 14 houses for half a million quid? Michael Clifford attends an auction for Celtic Tiger era properties

A Limerick asset management opportunity guiding €2.1/2.3 million, as well as 11 Waterford apartments for €560/600,000, are among the stronger Munster commercial offers in next month’s combined Allsop auction.

A HEATWAVE was promised for this week - but, as much heat will be generated by a flurry of auction action. 

State-owned AIB has pocketed €250,000 from the €295,000 sale of one of Independent TD Mick Wallace’s main firm’s four Temple Bar apartments.

ELEVEN student apartments developed in a 48-unit scheme on the site of Cork City’s old, famed Arcadia Ballroom, by Kent Railway Station, and with a rental income of €125,0000 per annum, are to go under the auction hammer with Allsop later this month: the former Section 50 units (the tax reliefs have now expired) are priced at €825,000, or less than seven years’ income.

A total of 46 out of 65 properties were sold at the first Allsop online auction, which concluded today.

More and more house hunters are looking to auctions to secure their first home, according to a company that, up to now, has mostly been dealing with distressed properties and those that are the subject of forced sales.

The new owner of Hayes Hotel in Tipperary says he has big plans for the property, but it will take time.

After almost a year and a half in play, it took just minutes for the sale of Hayes Hotel to clear the bar when the historic hostelry came to auction.

An island off the coast of Mayo could be yours for €100,000.

Allsop is holding its first ever online property auction today.

Land and properties, with a total reserve of €33m, will go under the hammer at the latest Allsop Space auction at the RDS in Dublin this morning.

€34m worth of properties were sold at a distressed property auction today - a €5m increase since Allsop's last auction in February of this year.

More than €25m of property was sold at the latest large-scale public auction held by Allsop Space in Dublin yesterday. A total of 131 lots out of more than 180 properties for sale went under the hammer for a combined total of €25.61m.

Over €30m worth of distressed property is going under the hammer in Dublin today at the latest Allsop Space auction.

Cork’s North Main Street Shopping Centre — minus anchor unit Dunnes Stores, and all developed by Owen O’Callaghan in the 1980s with a multi-storey car-park — is to be sold off by public auction later this month, with a guide price of €750,000-850,000.

Allsop Space, the auction house for distressed properties, recorded profits of almost €400,000 in its second year operating in Ireland.

A four-storey office block in Limerick city, which has the Office of Public Works as a sitting tenant, sold for €3.25m at an Allsop’s auction at the RDS yesterday.

Protesters temporarily disrupted the latest sale of distressed properties by Allsop auctioneers despite strict security at the event.

Blocking the sale of repossessed homes will only prolong the problems for indebted borrowers and does not serve society as a whole, according to the Finance Minister Michael Noonan.

We don't either.

A group of vocal protesters campaigning against banks and house repossessions has forced the cancellation of a large-scale property auction in Dublin.

Sales staff were forced to cancel a firesale auction of repossessed properties in Ireland amid allegations they were racially abused with anti-English remarks.

A firesale auction of repossessed homes and businesses had to be cancelled when protesters took over a salesroom.

Protests outside, purchasers inside, bargains to be had and businesses gone, some €14 million back in the bank or in the pockets of vendors, and Chinese buyers making a mark — yesterday’s Allsop auction of 125 Irish property lots spanned a range of human emotions.

Allsop Space, the go-to auction house for distressed properties recorded profits of over €300,000 in its first year operating in Ireland.

Hopes of a major revival in the property market might seem somewhat premature after more than a quarter of lots at a major public auction in Dublin yesterday were either withdrawn or failed to sell.

The debate about whether house prices are falling or rising might remain but one fact is certain — Irish people love a property auction.

It’s the fabled home of Jack Duggan but there was also something wild and colonial about the Kerry town of Castlemaine’s other claim to fame — one of the country’s most notorious ghost estates.

A fully finished holiday home in a world-famous retirement town was yesterday sold for a knockdown €50,000.

Fancy owning three houses and four acres with planning permission for 31 more for just €40,000?

A county sheriff has been prevented from repossessing a home on behalf of a bank in Laois by a nationwide organisation set up to stop the eviction of people and families from their homes.

A disabled first-time buyer used his compensation pay-out from a motorbike crash to snap up a block of flats at Ireland’s latest distressed property auction.

RESIDENTIAL property prices continued to fall in July with the cost of property dropping by 12.5% in the year to date.