The second phase of, newly-refurbished apartments at the Obel building in Belfast city centre is now on sale.
The recent release of a new range of units is the latest stage of the ongoing £2m upgrade of Ireland’s tallest building, with the first phase of apartments now sold out.
Signs of market recovery have been reflected in sale prices ranging from £139,000 to £305,000 and, as with the first phase, the new apartments include a mix of one, two and three-bed units.
The launch comes as the latest Northern Ireland House Price Index report reveals that the house price index increased by 3.8% between Q1 and Q2 of 2016, with an increase of 7.8% between Q2 in 2015 and Q2 in 2016 also reported.
Announced earlier this year, the Obel refurbishment project has seen enhancement works being carried out to the internal finishes as well as to the lifts, lobbies, reception areas and, perhaps most notably, to the tower’s external facade.
“There is a real appetite at the moment for high-end city centre living and we are thrilled with the level of demand in the first phase of apartments, which has now sold out,” said Will Miscampbell, partner at Fetherston Clements estate agents.
“The work which has been carried out to the apartments’ internal finishes, lifts, lobbies and reception areas, as well as ongoing work on an external solar window film project, has really transformed the building and helped contribute to the success of the initial phase of sales.”