The Connacht Property Auction is gearing up for its final auction of 2018 which takes place on November 22 in The Menlo Park Hotel, Galway. The company has announced a significant increase in UK buyers in the market and they are now accounting for 20 per cent of enquiries to the company.
Company director Patrick Folan said: “While October and November have proven to be particularly busy months in recent years, we have found a further surge in enquiries coming from the UK in recent weeks. This is positive for the more scenic and coastal areas of Connacht as well as the larger towns and cities.”
Latest figures have shown that there has been a 10 per cent increase in property sales to buyers from the UK over the last year. This is a trend The Connacht Property Auction is expecting to continue for the remainder of this year and the early months of 2019. Mr Folan added: “Many of these enquiries are a direct result of Brexit. There are many Irish based in the UK now deciding to move home while there are also a high number of UK residents that are considering moving to Ireland. There are various reasons for the move from lifestyle, work, and retirement.”
The Connacht Property Auction is now encouraging property owners considering selling their property to contact the company to discuss options. Given the current high demand levels and the extensive marketing campaigns due to be undertaken in the coming months, the team are confident of getting strong interest in the properties on offer.
No 59 Cois Na hÁbhainn, Tuam, Galway
Offered at bids over €120,000 in partnership with Tyrrell auctioneers.
A well maintained three bed semidetached residence, situated in a sought after location, just a seven minute walk from Tuam town centre and a 25 minute drive from Galway city. The property offers all mod cons and is in excellent décor and condition throughout. To the rear of the house there is an extensive garden, with a deck and storage shed. This most delightful property is ideal for those looking for a starter home or an investment.
Clynagh, Carraroe, Galway
Offered at bids over €49,000 in partnership with DNG Martin O'Connor.
This property comprises a derelict cottage and old shop located on the main road into Carraroe from Galway. The property was in use until about 1990 and is now in need of total refurbishment but still offers excellent long-term potential. Situated in Clynagh, the cottage is built on approximately 0.86 acre and is just a short stroll from a public pier.
Russeltown, Milltown, Galway
Offered at bids over €10,000 in partnership with Tyrrell auctioneers.
Approximately 0.5 acre site for sale at Russellstown, Milltown. The site is within two minutes of Milltown village and all its local amenities.
The next public auction will take place on November 22 in The Menlo Park Hotel, Galway, at 7pm. Registration starts at 6.30pm.