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Bid X1 will be running two fantastic property auctions in the coming weeks, with a number of properties in Mayo up for grabs.
A crowd of some 120 people turned up to the latest Connacht Property Auction, held last Thursday in the Menlo Park Hotel. In total there were 24 properties offered for sale across Connacht including several Galway properties. With an 88 per cent sold ratio at the February auction and 92 per cent at the April auction, the auction team were expecting another big turnout and they were not disappointed. The auction room was full with the crowd spilling into the registration area at the back of the room.
The Connacht Property Auction organisers say they have noted a sharp increase in enquiries from buyers over the past few weeks ahead of their auction next week.
The Radisson Blu Hotel in Lough Atalia was a hive of activity last Friday, April 24, as leading property agent DNG Maxwell Heaslip & Leonard held its April auctions which featured 26 lots in total. The arrival of bidders from 1.30pm onwards ahead of the 3pm start was an early indication of the intent for the day, and indeed by 3pm the veranda lounge was full to capacity with anxious vendors, hopeful bidders, and one or two interested spectators.
There was considerable interest in a Main Street property in Ballyhaunis at the first Connacht Property Auction of the year.
The first Connacht Property Auction of 2015 was held on February 26 in the Menlo Park Hotel, Galway. Of the 24 properties on offer via the auction company, 21 properties were successfully sold, giving an 88 per cent success rate. The auction team are now taking entries for upcoming auctions taking place on April 23 and June 25. The Connacht Property Auction is the only auction company in Ireland which does not charge upfront costs or marketing charges to enter a property into its auctions.
Owner occupiers and investors were out in force at the first auctions of 2015 held by DNG Maxwell Heaslip & Leonard last Friday in the Radisson Blu Hotel. With a range of properties going under the hammer, all eyes were set on how the auction market would perform in 2015. With the agents reporting strong interest in properties in the lead up to the auction, the results on the day proved that buyers, both investors and owner occupiers, remain keen and are very much ‘in the market’ for 2015.
The Connacht Property Auction will have its first public auction event of 2015 on February 26 in the Menlo Park Hotel, Galway. There will be more than 25 properties offered including properties in Galway, Mayo, Roscommon, and Clare.
O’Donnellan & Joyce auctioneers has become the leading Irish owned auctioneering company for the sale of property by public auction in the country. Over a period of a few years the company has recorded what is believed to be the highest percentage success rate of any auctioneering company in the country in recent years.
IAMSOLD Property Auctions held its first Connacht Property Auction on November 14 2013, when 22 of the 27 properties offered were sold successfully. Since then the company has seen phenomenal growth and is fast becoming one of the major auction providers in Ireland.