MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • NAMA financing demolition of derelict apartment block at Longford estate
Uncategorized
Jun 26, 2012 - 10:31

NAMA financing demolition of derelict apartment block at Longford estate

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
NAMA financing demolition of derelict apartment block at Longford estate

The National Asset Management Agency (NAMA) is financing the demolition of a derelict apartment block at the Gleann Riada estate in Ballyminion, Co Longford.

The apartment block will be demolished over the course of the next three weeks, according to Nama. Only the derelict apartment block is to be removed from the estate.

In total there are 90 houses in Gleann Riada. The apartment block in question, made up of 12 unsold apartments, has fallen into disrepair, Nama said.

“Nama is involved with a relatively small number of so-called ghost estates, and our priority in those where we do have an interest is, first and foremost, to make them safe for residents,” a Nama spokesman said.

“Where it is uneconomic to finish out an estate or a part of an estate, or if the local authority deems it to be structurally unsafe, we will invest our resources in demolishing the relevant structure and ensure that it is made safe for other residents. This will benefit residents of those estates and make the estate safe from a health and safety perspective.”

Advertisement

Longford TD James Bannon described the situation as a “fiasco”.

He claimed the Gleann Riada development was built on a flood plain and should never have secured planning permission.

Source: The Irish Times.

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • Ballyminion
  • demolition
  • derelict
  • Gleann Riada
  • Longford
  • NAMA
  • National Asset Management Agency
  • The Irish Times
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement