House prices slashed as cheap Irish properties go under the hammer | Mail Online
Britons looking for a bargain holiday home might find now is the time to look towards the green shores of financially troubled Ireland.
Property bargain hunters have been out in force as Ireland’s troubled banks auction off repossessed properties at knockdown prices.
The Republic’s latest distressed property auction generated €23m in revenue, with many of the properties going for as little as 60 per cent of the prices they would have fetched at the peak of the housing bubble back in 2007.
Investors, first-time-buyers and expats have thronged to the mass auctions of homes.
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