Property Price Register

Maximum Attack · **Joined:** Oct 20, 2017 **Posts:** 2

Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!

werpen · **Joined:** Mar 14, 2013 **Posts:** 1925

Maximum Attack wrote:

Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!

Sale to family member or marriage break up when one party buys the other out

Maximum Attack · **Joined:** Oct 20, 2017 **Posts:** 2

werpen wrote:

Maximum Attack wrote:

Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!

Sale to family member or marriage break up when one party buys the other out

Thanks for your reply, much appreciated.

Lefournier3 · **Joined:** May 21, 2017 **Posts:** 131

Is the Price Register reliable?

Today's IT points to inexplicable discrepancies between the sale prices for Garda Stations, as announced in Dail Eireann by the Minister for Finance, compared to the Property Price Register.

https://www.irishtimes.com/news/politic ... -1.3591196

Here's a notable example:

Quote:

Lauragh Garda station in Co Kerry was, according to information provided by Mr Donohoe, sold on February 16th, 2016, for €115,000. Yet the figure recorded on the Property Price Register was €50,000.

Jamie Bingham whose family own the Derreen Estate near Kenmare which bought the property, said he could not explain the discrepancy. “I have no idea why that might be,” he said.

ConfirmIng the IT report:
https://propertypriceregisterireland.co ... nd-248041/

Property Price Register

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