Foyle and Swilly view homes sold for a song

This four bedroom house in Tooban near Burnfoot has been sold for 152,000 euros in Dublin.
This four bedroom house in Tooban near Burnfoot has been sold for 152,000 euros in Dublin.

A number of houses with remarkable views of Lough Swilly, the Atlantic and the Foyle have been auctioned off in Dublin for discount sums compared to the mania-inflated asking prices of the boom years.

Over a dozen local properties - including lots from St Johnston, Manorcunningham, Burnfoot, Carndonagh, Culdaff, Castlefin and Letterkenny - went under the hammer in the RDS on July 8.

Allsop - the firm behind the auction - said it recorded strong residential sales with fast-paced bidding in the room and over the phone resulting in the sale of 178 properties with a total sales value of over 24.5m euros. On average, properties sold for 28 per cent over the reserve.

A four bedroom detached house located at Tooban Upper, Burnfoot, overlooking Inch Island and the Swilly was offered for a minimum of 50,000 euros and although it was advised the property was “shell and core and in need of internal completion/fit out” it actually sold for 152,500 euros. Another four bedroom house at Largy outside Killybegs, with spectacular views overlooking Donegal Bay, was being auctioned with a reserve of 90,000 euros and was sold for that price.

And a four bedroom semi-detached property at 5 Churchview Street, St Johnston, which overlooks the River Foyle, and started at 40,000 euros, sold for 55,000 euros. In North Inishowen a detached four bedroom house at Chapel View, Templemoyle, Culdaff, was offered at 60,000 euros and despite the last bid being 60,000 apparently remained unsold. For full results visit http://www.allsopireland.ie/search?sale=Auction&auctiondate=529