Cavan ghost estate sells for €210,000 at auction
A distressed property auction in the Shelbourne Hotel and organised by Allsop saw one Cavan ghost estate containing 5 completed houses, 4 partly finished and planning for 52 more sell for €210,000 today.
Other cut-price bargains (?) included a 3-bed house in Longford (€35,000), a 3-bed house in Louth (€124,000) a bar in Co. Cork (€190,000) and a derelict cottage in Cork (€33,000). The place was jammed with shithouse rats looking to pick over the corpses of evictions and distressed property owners.
Despite the Irish Times property section and the Colemans, O’Connors and their ilk constantly pushing the pro-property line and bombarding the Irish people with Lenihan-speak since the the crash 5 years ago, we know that if we’d really turned as many corners as they say since Lenihan famously told us in 2010 that we’d turned our first one we’d be back at square one. And dizzy.