Ireland's Property News
 

Ireland's Property News

95% compliance rate for Local Property Tax in 2014

95% compliance rate for Local Property Tax in 2014

95% compliance rate for Local Property Tax in 2014
More than €450m was collected through the Local Property Tax last year, according to the Revenue Commissioners, with 95% of liable households paying the charge.

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Grafton's revenues up 9.5% on improving Irish and UK economies

Grafton's revenues up 9.5% on improving Irish and UK economies

Grafton's revenues up 9.5% on improving Irish and UK economies.


Builders merchanting, manufacturing and DIY group Grafton has reported a 9.5% rise in revenue for last year.
Revenue for the year to the end of December rose to £2.08 billion from £1.9 billion the same time the previous year.

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Home building up in Dublin city for first time since crash

Home building up in Dublin city for first time since crash

Home building up in Dublin city for first time since crash . Last year 812 homes were constructed in the city, the highest number since 2010


The number of homes built in Dublin city rose last year for the first time in eight years, according the latest figures from the Department of the Environment. The number of houses and apartments that were completed, the number on which construction started and the number of homes for which planning permission was granted by Dublin City Council are all at their highest levels since the boom.

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PRTB rent Index Quarter 3 2014

PRTB rent Index Quarter 3 2014

PRTB rent Index Quarter 3 2014

Data for quarter 3, 2014 show that although rents continue to increase, the rate of growth moderated in the third quarter.
Based on the sub-indices it is evident that this moderation is a reflection of trends in the Dublin rental market, with the pace of increase in the rental markets outside Dublin being stronger in quarter 3 when compared with quarter 2, 2014.

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3,000 homes to be built on €2bn Cherrywood lands

3,000 homes to be built on €2bn Cherrywood lands

3,000 homes to be built on €2bn Cherrywood lands
Thousands of homes will be built on a prominent Cherrywood development.

It has emerged that close to €2bn will be spent on developing the much sought-after site.

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Sharp rise in number of rent receivers appointed to buy-to-let properties

Sharp rise in number of rent receivers appointed to buy-to-let properties

Sharp rise in number of rent receivers appointed to buy-to-let properties


There was a sharp increase in the number of rent receivers appointed by banks to buy-to-let properties in September, according to figures from the Department of Finance.

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Nama to sell hundreds more apartments around Dublin

Nama to sell hundreds more apartments around Dublin

Nama to sell hundreds more apartments around Dublin
Plenty of interest expected from overseas as lot produces total rental income of €7.43m
In another mass sale of Dublin apartments, the National Asset Management Agency (Nama) is to seek buyers for 588 homes in six Dublin suburbs and one in the city centre.

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Residential Property Prices rise by 15.0% in the year to September

Residential Property Prices rise by 15.0% in the year to September

In the year to September, residential property prices at a national level, increased by 15.0%. This compares with an increase of 14.9% in August and an increase of 3.6% recorded in the twelve months to September 2013.

Residential property prices rose by 1.8% in the month of September. This compares with an increase of 2.3% recorded in August and an increase of 1.8% recorded in September of last year.

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Household charge to be taken out of salaries and pensions

Household charge to be taken out of salaries and pensions

Thousands of homeowners received letters this week telling them that money they owe for the household charge is being deducted from their wages and pensions.

The €200 household charge has been replaced by the property tax, but Revenue is now getting tough with those who have so far failed to pay it.

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Every address in Ireland will receive its unique Eircode in Spring 2015

Every address in Ireland will receive its unique Eircode in Spring 2015

Every address in Ireland will receive its unique Eircode in Spring 2015.

Eircodes will help the public, businesses and public bodies to locate every individual address in the State. Eircodes will bring many benefits to the daily lives of people, householders and businesses.  Currently, around 35% of addresses - mainly in rural areas - do not have a unique name or number in their address.  With Eircodes, delivery of services and goods will be much easier and quicker to these addresses.

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The crazy world of Irish property

The crazy world of Irish property

The crazy world of Irish property.

 

The economist who most accurately predicted the financial crash in Ireland was back with new warnings recently. Morgan Kelly, who teaches economics at the biggest university in Ireland, was predicting that many small businesses here would be forced to close in the next year or two because they owe so much money to the banks. 

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Ireland Exits Recession

Ireland Exits Recession

Ireland Exits Recession.

 

(Reuters) - Ireland emerged from its second recession in five years in the second quarter but tepid growth left official forecasts for the year in doubt and may dash government hopes of easing up on austerity.

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Details Revealed For Pyrite Homes

Details Revealed For Pyrite Homes

Details Revealed For Pyrite Homes .

 

Owners of pyrite-riddled homes having damage repaired under a Government scheme will have to leave their property for up to three months, it has emerged.

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Over 1200 AIB Staff Earn More Than €100.000

Over 1200 AIB Staff Earn More Than €100.000

Over 1200 AIB Staff Earn More Than €100.000

The Irish government has revealed that hundreds of executives at its taxpayer-backed banks are on six-figure salaries. Irish finance minister Michael Noonan confirmed that 24 staff at the Bank of Ireland and four from Allied Irish Bank (AIB) have pay deals worth 400,000 euros  a year.

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Household tax may be cut from pay

Household tax may be cut from pay

Household tax may be cut from pay: Phil Hogan

Stark plans to remove cash forcibly from people's bank accounts and benefits if they refuse to pay the controversial household tax are being drawn up by the Government, it can be revealed.

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