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172 properties sold in Limerick so far this year

172 properties were sold in Limerick during January, February and March

172 properties were sold in Limerick during January, February and March

 

OVER €6 million worth of properties sold in Limerick last month as a result of the sales of 52 houses across the city and county.

The latest entries with the Property Price Register show that in Limerick there have been 174 houses sold so far this year, with 62 sales in January, 58 sales in February and 52 sales in March.

The sales of just two properties have been entered to date for April.

The most expensive property to sell in Limerick last month was Kilcurly House in Adare for €350,000, while the cheapest to sell were four apartments in Churchtown, Newcastle West for €25,000 apiece.

In all, over €17m worth of properties have sold in Limerick city and county since the start the year.

In January, there were over €6m worth of sales and over €5.1m was spent in February. The figures are in line with sales a year earlier, showing no drop-off in sales a year on.

The most expensive to sell to date this year is Knockanes in Adare, which sold on the last day of February, for €475,000, down from €495,000.

The property website Daft.ie currently lists some 2,600 properties for sale in Limerick.

Of those, just one is priced in excess of €1m - Shamrockville on the North Circular Road in the city. Valued at €1.5m, it has been on the market for several years.

There are now over 40 properties across Limerick valued in excess of €500,000 - representing just 1.5% of the total market.

The 14-bedroom Castle Oliver in Ardpatrick, county Limerick, is one of a select number of properties commanding a price-tag with seven figures.

The Scottish Baronial style castle with views of the Ballyhoura mountains is on the market for €2.95m, and is occasionally used for exclusive parties and weddings throughout the year.

The castle has the added distinction of Ireland’ s largest private wine cellar which has been beautifully restored with a capacity to hold 55,000 bottles which is accessed down an original stone spiral staircase. Set on 15 acres, the property went on the market in February of last year, and has attracted a number of prospective buyers from overseas.

See propertyregister.ie for details of the sales of all houses nationwide entered in the register from 2010 onwards.

 

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