Sir, – It’s always pleasing to leaf through your property supplement, which has returned to its former glory with an apparent multitude of eligible properties seeking appropriate owners each week. Elizabeth Birdthistle’s sample survey of recent auction results ( May 29th) displays a pre-bust trend with Advertised Minimum Values (AMV) consistently being well exceeded.
By my calculations, on a total AMV sales book of €34.2 million, €44.25 million was achieved on the big day for the 35 properties mentioned (March to May, 2014). Intending buyers please note and kindly add the now required 29.4 per cent average to seal the deal! – Yours, etc,
PEGGY LEE,
Devoy Quarter,
READ MORE
Naas,
Co Kildare.