A bungalow near the scenic Donegal coastline has gone under the virtual hammer for almost two and a half times its reserve price.
The four-bed house at 3 The Dunes, Dunfanaghy, had a reserve price of €95,000 but after a bidding war involving 12 people over three hours, it sold for €231,000.
135 bids were made for the home in a national online auction last Thursday.
The detached 212.3 sq m four bedroom property is situated in a small development near Dunfanaghy Golf Club, and has sea views in the distance.
“The interest and bidding was phenomenal on this property, reflecting the trend in buyers looking to relocate and potentially remotely work in more rural areas,” said Youbid.ie CEO, auctioneer Michael O’Connor.
Online platform Youbid.ie sold over 80 percent of properties listed for a combined total of over €1.7 million at the auction last week. The event attracted multiple bidders with properties generating prices of more than 20 per cent above reserve on average.
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