A Galway house placed on the market for offers in excess of €1 could go for as much as ten times that figure in what would be an astonishing boost to the property market.
Analysts say the property could be the first in recent memory to go to a bidding war. It is understood that several people have already indicated a willingness to pay €5 for the four-bedroom bungalow.
“Currently the highest bid is €5 and a used vuvuzela in excellent condition,” a source said.
However, the source indicated that the GAA ban on vuvuzelas meant this bid was unlikely to be accepted.
