38 apartments in what real estate agent Savills calls "Dublin’s most luxurious residential development" are now on the market with asking prices starting at €615,000.
The property at 31-33 Merrion Road once housed the British Embassy in Dublin. It is situated in Ballsbridge, the realtors describe the area as "Dublin’s most exclusive and upmarket suburb."
The development is comprised of three blocks and contains 50 spacious one and two bed apartments, ranging from 1,021 sq. ft. to 1,684 sq. ft. in size.
The original block was built in the late 1800's - the other two were added during the 1990's.
David Browne, Head of New Homes at Savills Ireland is expecting international interest in these apartments:
“Given the location, the quality of the build and the fact that this is a 100 percent residential scheme, we believe it is Ireland’s finest development. It will appeal to a wide-variety of buyers, including people looking to trade down, ex-pats planning on returning home and individual investors looking to take advantage of Dublin’s attractive rental market. With the euro continuing to weaken against the pound, we expect there to be significant interest from UK buyers.”