herald

Monday 20 August 2018

Browne drops price to sell luxury home

BROADCASTER Vincent Browne failed to achieve a €3.25m asking price when he sold his house (right) on Ireland's 'Gold Coast.'

The journalist's impressive home on the shoreline in Dalkey was sold to pay off a huge debt incurred by him in a less-than-successful publishing venture.

The six-bedroomed property in one of Co Dublin's most desirable suburbs had been the home of the hard-hitting media figure since 1987.

"The price wasn't reached. I'll just say the price was okay," he told the Herald. "We won't be moving out until August."

The €3.25m sought by Browne would easily have been surpassed during the heady days of the Celtic Tiger property boom as Dalkey is one of the most sought-after locations in Ireland.

The large semi-detached property on Coliemore Road has its own private coastline, four reception rooms and a sea-facing balcony. The spacious home, at almost 3,500sqft, was built in 1870.

When he placed his home on the market last September, Mr Browne explained he had "managed to amass a huge debt" through his involvement with Village magazine, which he founded in 2004.

Browne and his wife Jean initially bought the property for IR£94,000 (€119,000).

He also revealed he was saddened to have to sell his family home saying: "I hate leaving it. We love the house."

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