A ghost estate on Bailieboro Road in Virginia, Co. Cavan, top, and Keith Lowe, CEO of DNG properties, above
Kevin Keane, in the Irish Daily Mail [not online] reports:
“Keith Lowe, chief executive of DNG estate agents, said: ‘We are probably selling one [ghost estate] a month at the moment somewhere in Ireland, and every one we have ends up going to tender and beating the guide price by a multiple.’ Most purchasers are Irish and are increasingly confident about making a good return on their outlay. Mr Lowe said: ‘Even when they [the estates] don’t make financial sense today, people can see the financial sense in the future.”
One a month.
Previously: Would You Buy A Ghost Estate From This Man?
Pics: Jordan C Teicher and Photocall Ireland