Strong demand expected for summer auction

The Connacht Property Auction will hold its 2018 summer auction event on July 5 in The Menlo Park Hotel, Galway.

The auction team is encouraging anyone thinking of selling to make contact, saying June and July have proved to be two of the busiest months of the year for property sales.

Latest predictions by the Central Bank and the Department of Finance is that Ireland will see another price hike by the end of the year. Early forecasts are indicating up to five per cent increase in house prices, compared to 3.7 per cent the previous year. The main driving force behind this can be contributed to a growing number of private buyers who are entering the market with funding becoming more available.

Brian Christy, sales manager for The Connacht Property Auction, says approaching the half way point of 2018, an upsurge of activity in the market can be seen.

"Our auction team is currently experiencing strong enquiry levels on the majority of the properties being offered for sale. We have recorded a 23 per cent increase on sales from this time last year, and do not expect the demand to slow any time soon.”

The Connacht Property Auction undertakes a large marketing campaign in Ireland and abroad and remains the only auction company in Ireland which does not charge any upfront costs to enter a property into auction.

Properties

1 Ashley Apartments, Rahylin Glebe, Castlepark Road, Ballybane, Galway

Offered at bids over €100,000 in partnership with RE/MAX Galway.

This fine two bed semi-detached bungalow is offered to the market in move-in condition and located in a family friendly area. The property is being sold with tenants in place and currently generating a rental income of €10,800 per annum. Situated 10 minutes from Galway city centre, it is within close proximity to the 403 Bus Éireann city bus route. This would be an excellent opportunity for first time buyers, families or investors. An open viewing will take place tomorrow, Friday June 15, from 12.30pm to 1.00pm.

2. Cullane, Carraroe, Galway

Offered at bids over €175,000 in partnership with RE/MAX Galway.

A charming three-bed detached house boasting stunning sea and mountain views. The kitchen is fitted with beautiful solid oak units and tiled floors, while the living room features a solid fuel stone fireplace. The garage has been converted to a one bed chalet that generates a monthly income. To the back of the house is a large decking area, ideal for summer dining. The property is located in a quiet rural area with magnificent views and next to Coral Strand Beach in Carraroe.

4. Tismeain, Carraroe, Co Galway

Offered at bids over €220,000 in partnership with Spencer Auctioneers.

This is a beautifully built, seven-bed family home situated close to the sea, on a large site. This spacious family home comes to the market in turnkey condition with an attractive stone feature incorporating pink granite on the front façade. Being constructed to the highest calibre, the property benefits from hollow core flooring throughout the first floor. Outside there is traditional stone walling to the front, sides and rear which identify the boundaries with lawned areas surrounding the property.

5. Ardacong, Milltown Road, Tuam, Co Galway

Offered at bids over €795,000 in partnership with Property Partners Long.

Ardacong is a unique 19th century property on agricultural lands extending to c105 acres.

Commanding extensive frontage onto the N17 Galway, this property comprises a large estate house known as Ardacong House that is well situated within the landholding. This tranquil setting offers complete privacy together with beautiful countryside views. This sale offers a rare opportunity for discerning purchasers to acquire a substantial and unique estate property on an attractive parcel of land with undoubted prospects and potential.

Contact The Connacht Property Auction 091-882121 to arrange for a free property valuation or for more information visit www.connachtpropertyauction.ie

The auction takes place at the Menlo Park Hotel, Galway. Registration starts at 6.30pm.

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