Pierside Apartments, Portsalon, Letterkenny, Co. Donegal, Portsalon, Co. Donegal, F92 D4C6
1 homes sold nearby. See what they went for — and what to bid on this one.
€225,000 · 2 Bed · 1 Bath · Apartment
Some listing details are missing · add them to improve the analysis
Market Position
Limited Transaction Data
At €225,000, we cannot reliably position this property — only 1 comparable closed sale was found within 1.5km. More local transactions are needed before the data can support a market position estimate.
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 1 comparable transaction within 1.5km over the past 18 months. A minimum of 3 is required to derive a statistically reliable bid strategy. Purchasing a report is not available for this property.
This can happen for properties in lower-turnover areas or very specific property types. Check back as new transactions register on the Property Price Register, or search for a nearby comparable property.
Financial Exposure · 12% Above Median
If purchased at asking, you are paying above where most similar homes sold. A defined ceiling is designed to close this gap.
If purchased at asking
€225,000
Above transaction median
Above Upper Range
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · Low
1
Transactions Analysed
Within 1.5km
18 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Low
Confidence Level
Sale prices in this area vary more than usual, so there is some uncertainty in the figures. Bid conservatively and in small increments.
Limited recent transaction volume reduces trend precision. Strategy remains anchored to closed-sale distribution.
PPR closed sales · size & time adjusted · no asking prices used
Supporting Evidence · 1 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 11 Portsalon Golf Apts, Portsalon, Donegal, Donegal | 2024-10-25 | 54.3m² |
Transactions within a 1.5km radius and 18-month window.
Methodology
Closed sales time-adjusted to current market · size-weighted where floor area available · no asking prices or agent estimates used.
How adjustments work
- —Older sales inflated to current market level so stale data doesn't skew bands
- —Similar-sized properties weighted more heavily where floor area is known
- —Local price trends factored in when sufficient data exists; no artificial uplift otherwise
- —All figures from registered closed sales only — no asking prices, no agent estimates
Local Market Notes
Property Quality
BER Rating Concern: The E1 BER rating suggests potential for significant energy efficiency upgrades. Bringing this apartment up to a C1 rating could cost approximately €7,000-€10,000 and potentially increase its value by €10,000-€15,000, while lowering annual energy costs by an estimated €600-€900 compared to its current rating.
Space Efficiency: With 120m² and 2 bedrooms, the property offers 60m² per bedroom, which is a reasonable, though not expansive, allocation of space.
Value Optimization: Addressing the E1 BER rating is crucial for optimizing value and market appeal, as properties with lower BERs often face price ceilings in a competitive market.
Hypothesis: The relatively poor BER rating (E1) for this apartment, combined with the asking price, suggests that while it might attract buyers seeking a lower entry point, its long-term capital appreciation will be significantly hindered unless substantial investment is made in energy efficiency improvements, potentially leading to a sustained value gap compared to better-rated comparable properties.
Amenities
Transport Connectivity: Portsalon is a coastal village with limited public transport. Bus Éireann routes are the primary service, but specific route numbers and frequencies serving Portsalon directly are not readily available in this data, suggesting reliance on private transport for wider connectivity to Letterkenny.
Lifestyle Factors: While Portsalon offers coastal charm and proximity to natural beauty, specific details on local schools, major healthcare facilities (beyond local clinics), and diverse retail centres are not provided, indicating a need for travel to Letterkenny for comprehensive services.
Walkability and Local Services: Portsalon offers local coastal walks and a generally tranquil environment, but comprehensive pedestrian access to a wide array of shops, restaurants, and services would necessitate travel outside the immediate village.
Hypothesis: The inherent remoteness of Portsalon, despite its scenic appeal, creates a significant reliance on private transport for accessing essential amenities like larger shopping centres, advanced healthcare, and diverse educational institutions, which will likely cap its appeal to a niche market of those prioritizing coastal living over urban convenience and commute efficiency.
Derived from nearby closed-sale patterns.
Built on verified Irish public data
Property Price Register
625,000+ verified closed sales
SEAI
Building energy ratings & floor area
Office of Public Works
Flood zones, events & study areas
MyPlan.ie
Planning applications nationwide
Common Questions
Bid strategy figures are derived from the Property Price Register — Ireland's official record of closed residential sale prices, verified through stamp duty. Floor area data comes from the SEAI BER register. Flood exposure is cross-referenced against OPW CFRAM flood extent mapping and historical flood events. Planning activity is sourced from national planning application records via MyPlan.ie. No asking prices, no agent estimates, no automated valuations.