House of the week

YOU’D want to hurry — Kenmare’s new-homes scheme, The Lodges, has wind in its sails and in its sales. Perhaps it’s not entirely accurate to describe the scheme as new, as a showhouse opened six years ago, back in Aug 2007, when prices for the larger, four-beds were €780,000 and €795,000.

House of the week

That’s when the market had started its unravelling and tough times hit developers Coolfadda Developments, its investors and many of Coolfadda’s other schemes.

Now, in a much changed world, and with Nama at the helm, the 15 houses are set to sell, at prices sharply lower than the original targets, from 1,500 sq ft three-beds priced from €200,000 to four-beds of 2,100 sq ft, at €265,000.

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