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Wednesday 26 February 2014

REA TE POTTERTON AUCTION RESULTS

Auction Results from 25th February
5.5 acres with derelict res and yard at Ballybrittas, Kildalkey SOLD €55,00055 acre res dairy farm Archerstown Delvin SOLD €505,000

Cash buyers out in force at REA Property Exhibition

The UK-based buying boom in Ireland is gathering apace, according to figures from Real Estate Alliance’s successful Irish Property Exhibition in London last weekend.
REA members were delighted with the business done at the exhibition at the Hilton London Olympia which attracted hundreds of potential buyers – 92% of whom were potential cash purchasers.
“Our agents were really pleased to meet with so many quality cash buyers and they expect those conversations to very quickly convert into sales,” said REA Chief Executive Philip Farrell. 
“Many of those UK buyers have already made plans to travel to Ireland to view their potential properties. 
“A comprehensive survey taken of attendees showed that the vast majority of them were committed to buying in Ireland, with 46% aiming to spend between €100,000 and €200,000.
“Some 42% of the potential buyers were looking for properties in the €200-300,000 bracket with 9% seeking to spend over €400,000 on a desirable Irish residence.
“The investment sector proved stronger than we would have anticipated, with 40% of those attending seeking to purchase a buy-to-let property in Ireland.
“A further 38% were aiming to buy a retirement home or planning to move here permanently, with 12% of attendees searching for a holiday home and another 10% keen to buy a family house.”
The majority of attendees were interested in buying a bungalow or house with just 20% aiming to purchase an apartment.
“UK buyers are to the fore of a nationwide resurgence in property sales,” said Philip Farrell.
"The average property price in Ireland is now €157,000 compared to €211,000 in the UK, so there is real value in the market, which is driving demand.
“A recent survey of Real Estate Alliance members nationwide showed that 20% of agents' overall enquiries now come from across the water – equating to an average 13% of their overall sales.
“This is why Real Estate Alliance has become the first Irish property group to form a strategic alliance with the UK’s leading property website 
www.rightmove.co.uk.
“This agreement will see all properties for sale from each Real Estate Alliance office displayed on the overseas properties portal on the industry-leading site, and its sister website www.rightmoveoverseas.co.uk.”
(REA) is Ireland’s leading property group of Chartered Surveyors with almost 50 branches nationwide, comprising many of the country’s longest-established auctioneers and estate agents.
Their partners at the event included 
Rightmove.co.uk, Smart Currency, Careline Removals and Patrick J Farrell & Company Solicitor

Monday 17 February 2014

Irish Property Exhibition in Hilton London Olympia in Kensington on Saturday February 22 from 10.30am to 2pm.

UK property buyers are flocking to secure their dream homes in Ireland, buoyed by a strong pound and an undervalued market that is now starting to appreciate again. Real Estate Alliance is bringing thousands of properties to their London Property Exhibition, giving UK buyers the chance to browse in comfort and talk to the experts on the ground.

The exhibition takes place in the Hilton London Olympia in Kensington on Saturday February 22 from 10.30am to 2pm.
The exhibition will be a comprehensive one-stop shop for potential property purchasers with legal and financial experts joining a network of Real Estate Alliance agents from throughout Ireland, all with unique properties to show.
“The average property price in Ireland is now £129,000 compared to £175,000 in the UK, so there is real value in the market, which is driving demand,” said Philip Farrell, Real Estate Alliance CEO.
“An example of the value gap can be seen in a four-bedroom detached home for sale in Callington, Cornwall for £420,000 compared to a similar property and location in Waterford which is on the market for £161,000 – less than half the price.”
Real Estate Alliance (REA) is Ireland’s leading property group of Chartered Surveyors with almost 50 branches nationwide, comprising many of the country’s longest-established auctioneers and estate agents.
“We have also linked up with the UK’s largest overseas property website, www.rightmoveoverseas.com, to further showcase our portfolio of properties.”
The event will be held in partnership with Smart Currency Exchange, leading international money transfer specialists and experts in international property purchase.
Further details on the REA London Property Exhibition, and a list of local agents, can be found on www.realestatealliance.ieor send an email to register for the event at info@realestatealliance.ie

Monday 10 February 2014

Real Estate Alliance link with UK's largest property site

Real Estate Alliance has become the first Irish property group to form a strategic alliance with the UK’s leading property websitewww.rightmove.co.uk.
This agreement will see all properties for sale from each Real Estate Alliance office displayed on the industry-leading site, and its sister website 
www.rightmoveoverseas.co.uk.
Irish property sales to UK-based purchasers boomed in 2013, with a Real Estate Alliance (REA) survey reporting a 39% increase in business over 2012.
Irish property vendors are being given the chance to cash in on this mini-boom by registering for the Alliance’s upcoming London Property Exhibition with their local REA agent.
The exhibition takes place in the Hilton London Olympia on Saturday February 22 – the day Ireland face England at Twickenham in the Six Nations rugby championship.
Rightmove Overseas Account Manager Tom Whale said that they were delighted to start working with one of the largest estate agency names in Ireland. 
“Interest for property in Ireland on Rightmove Overseas has increased dramatically over the past 12 months with over 25,000 users now looking for Irish properties every month. 
“The large number of listings from Real Estate Alliance will help to provide our users with an exceptional level of choice whether it be for a second home, relocation or pure investment.”
Philip Farrell, Real Estate Alliance CEO said that the agreement will see Real Estate Alliance members offer property vendors even more options and a direct pathway into the growing UK-based purchasers market. 

Thursday 6 February 2014

All REA properties are now on Rightmove.co.uk

Real Estate Alliance have announced that all properties listed with them will be now on the largest UK property portal www.rightmove.co.uk. RightmoveOverseas Account Manager, Tom Whale, said ‘We are delighted to start working with one of the largest estate agency names in the Irish Republic. Interest for property in Ireland on Rightmove Overseas has increased dramatically over the past 12 months with over 25,000 users now looking for Irish property every month. The large number of listings from Real Estate Alliance will help to provide our users with an exceptional level of choice whether it be for a second home, relocation or pure investment
http://www.rightmove.co.uk/overseas-property/in-Ireland.html