While the prices achieved so far this year for houses at the upper reaches of Dublin’s residential property market have yet to come anywhere near the €12.5 million secured in 2022 for St Kilda on Sandycove Avenue East, the sums being paid by wealthy buyers are beginning to tick up once again.
Just more than one month on from the €4.6 million sale of Baile an Mhóta on Kerrymount Avenue – the former family home of erstwhile Beacon Hotel owner Paul Fitzpatrick – an examination of the Property Price Register shows that Aclare, one of the largest houses on Marlborough Road in Glenageary, has changed hands for €6.5 million.
Reporting on the proposed sale at the time, The Irish Times noted that “Aclare’s already substantial accommodation has been extended over the past decade by the current owners and everything has been done, from roof downwards, at considerable expense. With 425sq m , five good bedrooms, five bath/shower rooms, a flexible games wing and a 0.8-acre garden with tennis court, a family could happily move in without changing a thing.
Meanwhile Young lrish folks have almost no chance of buying thier first home. Pretty pathetic really.