The €1.7m starter home: How investment funds are inflating prices in Dublin suburbs

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In a quiet enclave of Swords sits Castleview, a collection of around 250 family homes built in the early 2000s. Earlier this year, a three-bed, end-of-terrace house on the row went for sale. It sold for €1.7 million – to an investment fund.

In a quiet enclave of Swords, Co Dublin sits Castleview, a collection of around 250 family homes built in the early 2000s.

Nestled within the standard suburban estate are two rows of starter-homes which line either side of a cul-de-sac and typically sell for €200,000 to €350,000.It sold for €1.7 million.

 

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DarraghOBrienTD Care to explain this to me please?

Surely the estate agent has details of the underbidders. Were there really others bidding in the 900k and 1mil bracket for these houses to drive them to these levels? 🤔

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