Sunday 18 August 2019

Boost as apartments at right price sell quickly

IN A much-needed boost for the local property market, 11 of 12 remaining apartments in a Co. Wexford development were snapped up by eager buyers last week.

Colm Murphy of Kehoe and Associates in Wexford, said that around 250 people visited the two show apartments at Avenue Grove in Gorey on launch day. 'We were very happy with the result,' he said. 'We had 12 apartments left to sell and we sold 11, which is pretty impressive for this market.'

The one-bed apartments started from €64,950, and two-bed from €77,500. Colm Murphy said that the purchasers were predominantly owner-occupiers. 'A property needs to be priced to the buyer feels they're getting value for money,' he said. 'We were delighted with the response.'

This was the final phase in the 32 apartment development across from Gorey Shopping Centre to go on the market.

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