Wednesday, November 3, 2010

Succesful sale of 17 acres and Residence at Cloughabreeda, Cahir

Yesterday, November 2nd, we offered a Residential holding at Cloughabreeda, Cahir for sale.

The sale took place by Public Auction at our offices.

10 potential purchasers attended, with 3 bidders involved.

After an opening bid of €250,000, the property increased in increments to €330,000, when a temporary break was taken for consultation with the Vendors.

On our return, bidding resumed and when it reached €350,000, the property was placed “On the Market”.

Two more bids saw the offer climb to €360,000, at which price it was sold.

This was a good result for a property which had generated lots of pre-sale interest.

We wish the purchasers the best of luck.

Posted via email from quirkeproperty's posterous


  1. 360K for a fine big house and 17 acres is considered a success? God I would have expected twice that in the boom. I just hope the sellers didn't buy in the boom.....

  2. Fine house, but in need of modernisation. Limited road frontage. Both these factors came against a higher price being achieved on the day.
    That said, it does seem great value, but then most sales are providing apparent value these days.