The auction company Allsop Space, which specialises in distressed properties has published figures showing that over the course of 2014, they sold 22 Donegal properties, with total sales of almost €4 million.
Six of the Donegal properties sold in the most recent auctions last week were houses or apartments, but the company is stressing it does not sell or handle repossessed family homes.
During its auctions in the RDS last week, Allsop sold eight Donegal properties, realising just over €1.2 million.
Lot 9 – a retail investment property on Letterkenny’s Main Street sold for €815,000, that's €35,000 over the maximum reserve. The property currently houses the Boots and Holland and Barrett stores, as well as a number of offices.
Other highlights according to Allsop includes Lot 296 - a 1.75 acre parcel of land in Carrigart which sold for €52,000, over 10 times the reserve, and Lot 271 – a detached five bedroom house in Gleneely which sold for € 72,000, over three times the reserve.