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Property prices continue to rise at auction with Don Colleran achieving more than twice the guide for a house in Shantalla last week.
The first Connacht Property Auction of 2014 was held on March 26 in the Clayton Hotel, Galway. Some 120 buyers turned up to the auction with interest in the 22 lots on offer, and there was strong interest in almost all of these.
O’Donnellan & Joyce has just announced its next auction, which will be held on May 9 in The Harbour Hotel. According to Colm O’Donnellan of O’Donnellan & Joyce the May auction will be the biggest and is anticipated to be the most successful of the year.
The Connacht Property Auction will take place on March 26 in the Clayton Hotel, Galway, and the auction firm has confirmed strong interst in the lots on offer.
A lot of 15 residential units in Ballinrobe has been sold for just under €100,000.
The next Connacht Property Auction will take place on March 26 in the Clayton Hotel, Galway, offering a large variety of properties all across Connacht. The auction will offer a large selection of properties from around the province including residential homes and investments, commercial properties, and agricultural holdings. Strong interest is expected in the lots on offer after the success of the company’s November auction where 22 out of 27 properties were sold.
Leading Galway property expert DNG Maxwell Heaslip & Leonard is due to kickstart its New Year with the west of Ireland’s first auction of 2014 on February 28 next. The auction, which will take place in the Radisson Blu Hotel in Galway, promises to be an engaging event with the usual eclectic mix of properties, with something to suit all types of buyers. Rahoon, Newcastle, Carnmore, Kilcolgan, and Gort are just some of the locations represented in the auction.
Great interest was in evidence last Friday when John Quinn & Co auctioned No 74 Dun Na Mara Drive, Renmore. The property, known as Camelot, had attracted enormous interest prior to the auction with interested parties inspecting the property as late as two hours before the auction began.
Colleran auctioneers maintained its 100 per cent success rate last week with its final auction of the year. Don Colleran has been reporting for some months now that property prices within the city centre were on the rise, in some cases by as much as 20 per cent. Housing stock within the city centre has now reached alarmingly low levels both for those looking for investment and for family homes. Buyers are now reporting great difficulty and frustration in finding suitable properties.
The success of the Midlands Think Tank, which was the brainchild of, and driven by, the directors and staff of Midas Technologies, shows us what can be achieved, and the opportunities that lie ahead, for the small business sector, that is according to local TD, Willie Penrose.