Daft Blog

  • #TerraceTuesday

     

     

     

     

     

     

    #TerraceTuesday

    Skerries, Co. Dublin

    Barnageeragh Cove offers a coastal haven close to the town, beaches  as well as a unique and rich array of local amenities that includes a commuter train to the city.

    These terraced houses come with two car parking spaces per house. High style kitchens with a choice of worktop as well as Bathrooms and En Suites with tiling and pumped shower systems.

    Available via: REA Grimes

    Athboy, Co.Meath

    A two bed house in a gated development of unique townhouses set in the grounds of the former Old Station House

    Athboy is located between the towns of Navan and Mullingar just one hour from Dublin and a short drive from the heritage towns of Kells and Trim.

    The Station House dates from 1870 when it served as the terminus for the Kilmessan-Trim-Athboy section of the Dublin and Meath Railway.

    Available via: Jetform Construction

    Malahide, Co. Dublin

    Dublin City Centre is just 16 kilometres from these homes.

    The harbour and seafront are also close by as is Malahide Castle - one of the oldest and most historic castles in Ireland.

    The design concept for the homes was to produce a luxurious modern living environment in a traditional house.

    Available via: Knight Frank

  • MondayMansions

    #MondayMansions

    College Road, Kilkenny

    This 5 bed, three storey home built in 2002 sits in one of the most sought after residential addresses in Kilkenny.

    The location just off the College Road, adjacent to Hotel Kilkenny, opposite St Kierans College is within a 10 minute stroll to the centre of Kilkenny.

    The homes of College Square exude character and quality with brick, plaster and slated finishes, ornate railings and landscaped gardens.

    Available via:  Sherry FitzGerald McCreery

    Swan Lake, Dublin 8

    Swan Lake is a stunning home resting on the banks of the River Liffey.

    The property benefits from a quiet riverside location whilst still being minutes from the city centre.

    Among the features this home boasts:

    ☑ Electric vehicle turntable
    ☑ Private jetty (Mooring available in the IFSC)
    ☑ Landscaped gardens
    ☑ Modern designer kitchen with built in integrated Neff appliances
    ☑ Feature home cinema room with leather recliner seating and state of the art technology
    ☑ Communication Room housing all the IT infrastructure
    ☑ Master bedroom has en-suite bathroom and opens onto private balcony

    Available via: Bespoke Property

    Malahide, Co. Dublin

    The property enjoys a wonderful position in Abbotts Hill , electronic gates add to the excellent security and very large end gardens.

    The property boasts Coastal views to Lambay Island, to the Island Golf club at Donabate and beyond.

    This 7 bedroom home also has 4 reception rooms, a country style fitted kitchen and is just a stroll from Malahide Village Centre.

    Available via: :  Sherry FitzGerald Blanc

  • Rental Report - 2014 Year in Review

     

    Year-on-year inflation in rents nationwide eased in the final three months of 2014, according to the latest quarterly Rental Report.

    The national average rent between October and December was just under €950, that’s 9.7% higher than last year. However, this is down from a 10.8% annual increase in the second and third quarters and marks the first time since mid-2009 that rental inflation has eased.

    This national trend is being driven by a moderation in Dublin’s rental inflation, which has eased from 16.5% in April to below 10% by January.

    In the other city centres, rents continue to rise but at a slightly slower pace. In Cork city, rents are 7.3% higher than last year. In Galway they are 7% higher, Limerick has seen a 6.2% rise while in Waterford city rental inflation was at 5.1% in the final three months of 2014.

    Offsetting the easing in rental inflation in Ireland’s urban centres has been more rapid inflation, in particular in Dublin’s commuter counties. Rents across the four commuter counties were 14.1% higher than a year previously in late 2014 - the first time in this cycle that inflation has been slower in Dublin than in its commuter counties.

    This is related to a significant tightening of supply. Nationwide, there were just over 5,200 properties available to rent on February 1st, down more than a quarter on the same figure a year previously. This is the lowest level of availability nationwide since May 2007.

    Commenting on the report, Ronan Lyons, economist at TCD and author of the Daft Report, said: “The slow-down in rental inflation in Dublin at a time when new listings are sluggish suggests that a limit to affordability has been reached there. Over the last 12 months, availability has stabilised in Dublin at very low levels, while it has tightened further in the Commuter Counties. The underlying lack of construction in a city growing by roughly 10,000 new families every year has created a new generation of commuter, one driven not by preference for green space but by the hard maths of affordability.”

    Year-on-year change in rents – major cities, Q4 2014

    • Dublin: €1,350, up 11.5%
    • Cork: €891, up 7.3%
    • Galway: €871, up 7.0%
    • Limerick: €702, up 6.2%
    • Waterford: €624, up 5.1%

    The full report is available from www.daft.ie/report and includes a commentary by Ronan Lyons, Assistant Professor of Economics at Trinity College, Dublin, and author of the Daft Report, as well as an analysis of affordability and statistics on residential yields around the country.

     

  • Romantic Properties

    With Valentine’s day just upon us, we thought we’d take a search through the Daft.ie property listings to see what #RomanticProperties we could find.

    3 Bedroom Terraced House Dublin 2

    This amazing period home which has been extended and refurbished to give it a real sense of class and distinction.

    Nestled in a brilliantly central location, this property could be the perfect spot for a young couple.

    Among the amenities Number 9 benefits from is a top of the range kitchen by The Victorian Kitchen Company, luxury bathrooms with marble tiling and a superb sunny rear garden.

    The accommodation comprises of a hall with guest bathroom, two receptions, kitchen/dining room, three double bedrooms, master en-suite and a bathroom.

    The property is positioned at the end of a quiet cul de sac with parking to the front.

    Available via Owen Reilly Property Consultants

     

    3 Bedroom Penthouse Apartment Dún Laoghaire

    Imagine having the waterfront as your garden and the ocean your line of horizon.

    That’s exactly what this property overlooking Dún Laoghaire offers.

    Spectacular views are complemented by a tasteful interior decoration that can’t but illicit feelings of romance.

    Here you will be entertained night and day by the endless activities taking place in the marina, while the clock tower acts as your living room watch, with lightshows every night.

    Available via Valentina Doorly

     

    The Lookout, Glandore, Co.Cork

    This 5 bedroom house in Co. Cork does exactly what it says on the tin.

    Sit back and look out at these amazing views over the harbour and out to sea.

    This meticulously designed home is perched above Glandore Village and was constructed in 2008.

    The floor to ceiling windows which are throughout the house, give unbelievable brightness and there are many accesses out to the vast deck area or upstairs balcony. Perfect to spend lazy evenings with your special someone.

    Available via Ganly Walters

     

    Shipool Lodge, Co.Cork

    Shipool lodge provides the perfect surroundings for a cosy romantic night in.

    Set in a beautiful mature wooded area with absolute privacy within a prime riverside location adjacent to the Bandon River this is an impressive home.

    Designed over two floors, impressive bespoke accommodation of 3348 sq. ft., incorporates bedrooms, living areas, private study's, libraries, private cinema, bathrooms and complete recreational area incorporating gym, sauna, plunge pool, hot tub and counter-flow swimming pool.

    Available via Bowe Property Bandon

     

    Mermaid Isle, Co. Kerry

    Mermaid Isle is a world-class oceanfront retreat in a protected lagoon of south western County Kerry.

    Local legends speak of Mermaids, Selkies or seal people, frolicking in the cove, sheltered between the private island, Illaundrane, and Mermaid Isle's mainland.

    The 25+ acre experience includes half of that 26-acre island and 12 acres of mainland, with a bonus 3 additional acres of turbary used to fuel four turf-burning fireplaces.

    Romance is in the air as dolphins patrol its endless tidepools and contented seals bask on the rocks.

    Available via Barry Auctioneers

  • New lending rules take effect

    The Central Bank's new rules on mortgage lending have officially taken effect.

    In January the Central Bank published the long-awaited details of its new limits for mortgage lending.

    As was originally proposed, most mortgages will require a 20% deposit.

    For first-time buyers they will be able to borrow up to 90% of the value of a property up to €220,000 and 80% of any amount above that value.

    Buy-to-let purchasers will be required to come up with 30% of the purchase price themselves.

    All mortgages are limited to 3-and-a-half times the buyer's total income.

  • Under the Rent-a-Room scheme you can receive an income up to €12,000 in any tax year without having to pay any tax on it.

    Revenue issued an eBrief this week to highlight some amendments to the scheme.

    So, what do you need to do if you are interested?

    Firstly, make sure that you meet the criteria.

    Your home must be located in Ireland and you must occupy it as your sole residence. You don’t need to own the property, you could be a tenant and be sub-letting to someone else (although you would need to check with your landlord before doing this).

    The relief applies only to residential tenancies, not to short-term guest arrangements. The occupants must be using the room on a long-term basis. For example, renting a room to a student for the academic year is covered, but taking in guests for short breaks is not.

    From the tax year 2015 onward, the total (gross) rent that you get, which includes sums that the tenant pays for food, utilities, laundry or similar goods and services, cannot exceed €12,000 in the tax year

    Rent-a-room relief will not affect your mortgage interest relief or your exemption from Capital Gains Tax (CGT) if you sell your home.

    To list your room on Daft.ie click here.

    For more information check out Rent-a-Room Releif on Revenue.ie

    You can also download Revenue.ie’s PDF on Rent-A-Room here.

     

  • Most popular properties on Daft.ie in January

    What were 5 of the most viewed properties on Daft.ie in January? Asking prices varied from €350,000 up to €4,000,000.

    1. Seven bedroom detached house in Howth for €4,000,000

    This spectacular property which boats breathtaking views of the sea and city skyline topped the list in January.

    Nested aloft the peninsula of Howth Head it is only 2 km to Howth Village and 15 km to Dublin City Centre.

    "Windgate" was originally built in c.1935. This magnificent home is one of the best examples of the art deco style in Ireland, with the site carefully selected for its panoramic sea views of Dublin Bay.

    A separate 2 bedroom house was built onto the main house in 1984 which can be used separately or connected back to the main house. The design of Windgate is based on 1930's German art deco architectural styles. There is a separate Chalet and Wendy house.

    Available via Finnegan Menton

    2. Four bedroom detached house in Co. Tipperary for €1,500,000

    This magnificent contemporary style home is beautifully perched on an elevated 2 acre site with the benefit of lake frontage.

    Neatly tucked away enjoying complete privacy and seclusion yet within easy driving distance of Puckane, Dromineer & Nenagh.

    This property offers a choice of high quality features combined with breathtaking views of the surrounding lake and countryside.

    Available via Sherry FitzGerald Talbot

    3. One bedroom detached tower in Dalkey for €2,000,000

    Ever thought about owning a tower?

    Probably not, until now. This heritage property and landmark has been lovingly conserved and luxuriously appointed.

    Bartra Tower was built back in 1804 to protect Dalkey against Napoleonic invasion but has since been fashioned into a spectacular residence.

    Available via Ganly Walters

    4. Four bedrooms terraced house in Dublin 5 for €350,000

    This attractive, superbly located, four bedroom mid-terrace family home is positioned on a quiet cul-de-sac residential road.

    The property has been modernised and upgraded over the years and further benefits from a south easterly rear garden which is beautifully presented and enjoys sunshine all day long.

    This home has a wonderfully convenient location close to primary and secondary schools, shops, banks, churches, sports and recreation facilities and is also within easy access to stunning coastal walks along Clontarf' s promenade.

    Available via Sherry FitzGerald Ltd

    5. Five bedrooms detached house in Limerick for €2,100,000

    This is probably unlike anything you will have seen in a private residence to date.

    Internally, a sense of transparency and openness is achieved by the atrium and also by means of the open plan layout, where spaces flow into each other, by using transparent glass floors and balustrades.

    The house uses natural renewable materials, and has high insulation values and natural
    ventilation to minimize heating and/or cooling requirements.

    Magnificent landscaped gardens wrap around the house and including a small apple orchard, pond and her area.

    Available via Sherry FitzGerald Ltd (Limerick Office)

     

     

  • 70.5% of all households own their own main residence

    New figures published by the CSO show that over two thirds of all households own their main residence (either with or without a mortgage).

    The data was released as part of the Household Finance and Consumption Survey which was undertaken between March and September 2013.

    Its aim is to shed light on the financial habits of the nation.

    The average value of the household main residence for those who own their home is €150,000 while the median value for land is €350,000.

    Source: CSO

    Household Finance and Consumption Survey 2013 (PDF 764KB)

  • 90% loans for First-Time buyers

    Last night the Central Bank confirmed it will ease its mortgage limits for first-time buyers.

    It's published the long-awaited details of its new limits for mortgage lending - which will need new laws to take effect.

    As was originally proposed, most mortgages will require a 20% deposit.

    For first-time buyers there is some good news, as they will be able to borrow up to 90% of the value of a property up to €220,000 and 80% of any amount above that value.

    Buy-to-let purchasers will be required to come up with 30% of the purchase price themselves.

    However in a crucial limit, all mortgages are limited to 3-and-a-half times the buyer's total income.

    The rules mean that a first-time buyer wanting a three-bedroom house in Dublin, costing  €350,000, will need to save up €48,000 - and will need a salary of over €86,000 to borrow.

    Speaking this morning Economist with Daft.ie Ronan Lyons said “In the Dublin market in relation to loan to income, 3-and-a-half times is not a lot so I wouldn’t be surprised if we see the price of second hand homes in Dublin fall this year..there is a very clear link now between what you earn and what you can borrow".

    Both the Government and the Central Bank say the measures will protect both borrowers and banks.

  • Sherry FitzGerald win Eircom Spider

    Sherry FitzGerald have been awarded an Eircom Golden Spider for Sherryfitz.ie following a recent revamp of the website.  According to the Spider Awards judging panel, the reasons sherryfitz.ie won this years award was due to "great mobile optimization' It's not just a listing site; you are one step away from doing business or making a booking.  It has good content marketing and dual location "

    So far this year sherryfitz.ie has had 1.2 million visits to the site with visitors from 199 countries across the globe.

    Congratulations from all at Daft.ie!