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Sold and Sold again in Dublin!
news date: Monday, May 29, 2006

Newsid: 2351

Sold and Sold again in Dublin!
news date: Wednesday, May 24, 2006

Sold and Sold again in Dublin!

The one day exhibition and auction held in Dublin on may 23rd at Jury’s Hotel, Ballsbridge was declared a resounding success. Following on from the successful overseas auction in London and the Invest in Property Show, London in April, and the Viva Espana Show, London in January, Direct Auctions decided to hold their own auction in Dublin. Twenty four lots of properties were offered, from Bulgaria, Turkey, Panama, Miami and of course Spain.

A huge amount of publicity was generated as this was the first ever overseas auction to be held by an overseas auction house in Dublin, which resulted in many clients coming along throughout the day to see what was on offer. The auction room was full by 6.30 with the auction kicking off at 6.40pm. Eleven out of the twenty four lots sold on the day, with one investor snapping up all of the Bulgarian properties. One of the Bulgarian lots, with a guide of 19,000 euros and a market rice of 35,000 euros was fought over by two buyers, resulting in the price rising well above the reserve.Over €2,000,000 worth of property were sold during the auction.

Buyers and observers were very happy with the way the auction was conducted and requested the auction house to return another time.

As a result Direct Auctions has decided to hold regular monthly auctions in Dublin with the next on being on the 27th June(this date to be confirmed) at the same venue of Jury’s Hotel Ballsbridge and at the same time of 6.30pm. This will once again be preceded with an exhibition of properties.

For further information, please contact Direct Auctions on 0034 952 817 673
or check the website
www.direct-auctions.com





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