Overseas property news - Louis walsh reveals losing €10m in irish property crash

Louis walsh reveals losing €10m in irish property crash

Louis Walsh has revealed he lost €10 million after Ireland's so-called property bubble burst.

The X Factor judge said his six homes are worth half of what he bought them for.

His phone never stopped ringing in the early 2000s, with developers keen to see him part with some of his estimated £17 million fortune.

They promised a lucrative return if he invested in apartment blocks, hotels and lucrative bank share deals.  

Source: DailyMail.co.uk

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