Buyers snap up properties for a song

ALMOST €16 million worth of property was sold at yesterday’s distressed properties auction at the Shelbourne Hotel in Dublin.

Buyers snap up  properties for a song

The sales accounted for 94% of the 87 lots placed in the Allsop Space catalogue. More than 700 people attended the event.

Yet while the rapid rate of sales showed that Irish people are still addicted to property, the volume was certainly turned down.

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