Irish bargains coming: get ready to grab that holiday home

More than 36 million Americans have Irish roots. If you’re one of them – or even if you just wear the green once a year –it’s now easier and more affordable than ever to strengthen your ties to the Auld Sod.

Some of the most desirable properties in Ireland are on the bankruptcy auction block – and at fire sale discounts of 80% on peak prices. That thatch-roofed cottage by the sea, the pub on the village green, or a country house surrounded by horses, can be yours for cents on the euro.

“The country is bankrupt,” says international property investor Ronan McMahon, who is also a dyed-in-the-wool Irishman and director of Pathfinder Ltd., a real estate advertising company.

“But if there’s any silver lining, this is the kind of tragedy that creates opportunity.”

Source: InternationalLiving.com