Win A Luxury Limerick Home Review
A fully furnished five bedroom home just ten minutes walk from Limerick city centre is on offer in this competition. The competition is being hosted on Raffall and it will cost you a whopping £50 a ticket if you'd like to try and win the house.
Launched: 26th April 2021 Closes: 15th April 2022
Location: Limerick, Ireland,
House Value: £500000 (3 Bedrooms)
Ticket Price: £50.00
Minimum Ticket Target: 30000
Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
Caroline Wallace is giving you the chance to win her home in Limerick. Details about the seller, their reasons for choosing the raffle option etc are limited. However although information is in short supply the host has created a video tour of the home. No valuation of the property is provided and therefore we have made an estimate. Property prices for five bedroom properties in Limerick vary so we've simply plumped for a mid-point and the value should be taken only as a guide.
About The Property
The property has five bedrooms, four bathrooms, large kitchen and relaxing lounge. A garage has been converted into a games room plus the property has a gym! Furnishings are included and as seen in the video above. Limerick City Centre is just 10 minutes walk away and close to many shopping centres. And that's pretty much all we're told about the luxury home which seems a bit poor. No details about costs are mentioned but as far as we're aware all taxes and fees will be covered by the hosts.
How To Enter The Competition
To enter the raffle you need to be registered with Raffall. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets. The question pops up in a window which we found disappeared very quickly. Tickets cost £50 and there's no limit to the number you can purchase. You can purchase online using debit cards. No good causes look to be being supported with this competition.
30,000 Ticket Sales
Wallace aims to sell 30,000 tickets (total revenue £1.5million) by mid April 2022 in order to conclude the draw. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. Note that if 100% of the tickets are not sold then the promoter receives nothing. If the property is won then 10% of the fee is paid to Raffall.
Whilst we like that the host has created a video for this particular competition there's a massive lack of detail or information. The property itself looks nice but we'd like a bit of background about the sellers and why they're offering the property furnished. On top of that the ticket price is very expensive and we feel the revenue target to be much too high versus the property value. Will it create a home winner? The only positive for this competition is that it's an Ireland property and for whatever reason they do attract interest.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
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