Last year, singer Chris de Burgh narrowly defeated prominent businessman Dermot Desmond to become Ireland’s most expensive private property seller.
The musician’s vast country estate in Wicklow sold for just under €9.4 million in June, the highest price paid for a home in the Republic in 2023, according to figures published on the Residential Property Price Register. It’s the price.
Bushy Park House in Stillborn, Enniskerry, had been on the market for several years, but was finally sold for €9.399 million last year.
Bush Park House daft.ie
daft.ie
The eight-bedroom Georgian mansion, which also features an indoor swimming pool, home cinema, games room and panic room, had an original asking price of €12.5 million when it was first put on the market in 2019.
The Lady in Red singer bought the property in 1996 as a family home, but with his children already moved out, he and his wife Diane decided it was time to downsize more than four years ago. .
Swimming pool at Bushy Park House daft.ie
daft.ie
Mr De Burgh’s price was just over €152,000 more than the price secured by prominent investor Dermot Desmond for the sale of a townhouse in Dublin.
The property at 71 Merrion Square, once owned by fashion designer Sybil Connolly, has been bought by Fergal Norton, another prominent businessman and chairman of Glen Dimplex, for €9,246,550.
Desmond, the majority shareholder of Celtic Football Club, was undertaking extensive restoration of his Georgian townhouse, and in order to install dumbwaiters within the building to transport food and drink between the various floors. had to go to court to obtain planning permission.
71 Merrion Square
The most expensive residential property sold in Cork last year was Sprayfield House, former UCC president Professor Gerry Rixon’s 18th century waterfront Georgian home in Sandycove, Kinsale.
The property, which sold for €3.8 million, has links to American billionaire James Berwind, who was based in Kinsale last summer on his €80 million superyacht Scout.
sprayfield house Savills Ireland
Savills Ireland
The most valuable property sold in County Kerry was the former home of Presentation Abbey in Killarney, which sold for €3 million, double the asking price of €1.5 million.
The most expensive property sold in Donegal was a cottage on a large plot of land in the north end of the county that was used as a filming location for the Star Wars film The Last Jedi.
Blessy Bay Cottage near Malin Head has sold for €1.67 million.
View from Blessy Bay Cottage Savills Ireland
Savills Ireland
Another notable property deal, as the architect described it, was the sale of a James Bond-style seaside property in Meath.
The beach house on Coast Road in Bettystown has been on the market for several years and was sold for €2.925 million, according to RPPR.
Although the sale price was below the original asking price of €3.5 million, it became the most expensive residential property sold in Meath in 2023.
The Beach House owner
owner
A home featured in the popular RTÉ series Room to Improve, which was renovated by architect Dermot Bannon in 2019, hit a record high for a property in Waterford last year.
Fidown Cottage, on Doneraisle Drive, Tramore, was originally built in the 1920s and sold for €1.7 million.
Formerly a hotel and wedding venue, but more recently used as a private residence, it was the most expensive property sold in Westmeath.
Middleton Park House, in Castletown, Georgegan, Co. Westmeath, was featured in a 2020 episode of the RTÉ series Great House Revival, presented by architect Hugh Wallace.
In early 2023, it was confirmed that the Department for Children and Integration was in talks with the owners of Middleton Park House to house up to 244 international protection applicants in the country mansion.
However, the government then announced last summer that such plans would not proceed, and the property was subsequently put up for sale before a sale price of €1,815,000 could be secured.
The most valuable property sold in Wexford in 2023 is also at the center of rumors over whether it will be used as a center to hold asylum seekers.
Slaney Manor, in Burntown, on the outskirts of Wexford, was bought for €1.625 million in April by a company involved in running other centers for international asylum seekers.
The 19th-century house, with its restored castle, ballroom and 27-bedroom courtyard, was previously used as a wedding venue.
According to RPPR’s analysis, total residential sales recorded in the year to 23 December 2023 were €23.3 billion.
This means that residential real estate sales fell by around €342 million in 2022, an annual decline of 1.4%.
However, total sales of new houses and apartments rose by more than €196.5 million to €6.1 billion, representing an annual growth rate of 3.3%.
In contrast, sales of second-hand real estate fell by 3.3% to €17.2 billion, approximately €538.5 million less than in 2022.
Overall, the total value of residential transactions closed in 2023 decreased in most regions compared to the previous year.
Just 10 counties recorded an increase in residential property sales last year, including Laois, which totaled €344.6 million, up 35% year-on-year.
Westmeath, Wicklow, Kilkenny, Louth, Meath, Galway, Longford, Cork and Kildare recorded single-digit growth rates for residential property sales.
House and apartment sales in Dublin fell by 3.3% last year to €10.6 billion.
Proportionally, the biggest declines were recorded in Leitrim and Waterford, where house sales fell by 16% and 12% respectively.
Last year’s most valuable transaction was €225 million spent on an unspecified number of properties in the large housing development of O’Devaney Gardens in Arbor Hill, Dublin 7.
Work on one of the country’s largest housing developments will begin in February by developer Valtra, resulting in 1,044 social and affordable rental and private homes being built on the former O’Devaney Gardens block of flats. It turns out.
