Risky housing sale outrageous but legal

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

The dream

The bidding was wrapped up within a minute. The man with the gavel, Gary Murphy, kicked off proceedings with an opening €220,000. This, he pointed out, was a two-bedroom apartment on the first floor of a development in the much desired Dublin docklands. Anybody with a nose for property is aware of the location’s proximity to the south docks, an area teaming with young techies who work for the American multinationals based there.