The six-bedroom property with pool complex on five acres on the Dundalk Road in Castleblayney went on the market in July.

557 properties were sold in Cavan and Monaghan between January and June of this year.

This follows the bulk purchase of 85 percent of homes in a Dublin estate by an investment fund.

Gardaí are appealing to anyone with information or who noticed anything suspicious to contact them.

The homes were pledged in response to the outbreak of war in Ukraine.

Gardaí in Monaghan are appealing to anyone with information to come forward.

'Some local authorities throughout the country run very good schemes'

The man who is aged in his 20's will now appear before the courts in relation to the offences.