Search Results for 'Leasehold estate'

With over half of city private rented properties and 82 per cent of county rented properties failing local authority inspections,Threshold Galway is calling for an NCT-style inspection process to place more responsibility on landlords to ensure that their property meets the standards required.

According to Colm O’Donnellan of O Donnellan & Joyce purchasers who are looking to buy quality property investments will be interested in these two gilt edged commercial and residential properties, which have been just brought to the market by O Donnellan & Joyce.

There has been a noticeable increase in demand for rental properties in Galway of late, compounded by additional property buyers being held back by restrictive bank lending, increasing employment, and a general increase in population. According to local property letting agents, there has been a ‘surprise spike’ in queries in recent months, and rental properties are being snapped up within days of becoming available, and they expect that rising demand for rental properties will continue for the foreseeable future but caution that it can still be a tough business.

DTZ Sherry FitzGerald is offering an opportunity to acquire one of Galway city’s best known restaurants, The Thai Garden. The restaurant is a long established part of the Spanish Arch in the heart of Galway’s Latin Quarter which is renowned as the city’s premier entertainment area.

There has been a noticeable increase in demand for rental properties in Galway of late, compounded by additional property buyers being held back by restrictive bank lending, increasing employment, and the general increase in population. According to local property letting agents, there has been a ‘surprise spike’ in queries in recent months, and rental properties are being snapped up within days of becoming available. They expect that rising demand for rental properties will continue for the foreseeable future but caution that it can still be a tough business.

Westmeath’s councillors see housing as the biggest challenge for 2014, with one councillor predicting a housing shortage as “an explosion that’s about to happen”.

The chairman of Westmeath’s Housing SPC says his greatest fear for 2014 is that people on the housing list won’t be able to access accommodation on the Rental Accommodation Scheme.

Earlier this year Galway Diary discussed the evictions implemented by Marcella Netterville and John Gerrard on their 7,000 acre estate at Ballinlass, near Mount Bellew Co Galway. In 1846 more that 400 families were heartlessly thrown out on the road, without any compensation. The land was being cleared to fatten cattle, which would have been far more profitable than tenants; many of whom, as the Great Famine tightened its terrible grip, were unable to pay their way. The Times of London famously commented that the Ballinlass evictions showed ‘the sublime indifference to social considerations of which no one but an Irish landowner is capable.’

The Private Residential Tenancy Board (PRTB) has published the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. Compiled by the Economic and Social Research Institute (ESRI), and based on the PRTB’s own register of more than 277,000 private tenancies throughout the State, it reveals the actual rents being paid for rented properties, as distinct from the asking rent which features in other rent reports published by other parties.

DTZ Sherry FitzGerald has recently been appointed on the sale of an excellent investment opportunity located in Galway’s premier office building. Unit 8 Dockgate, located on the third floor of the prestigious Dockgate building overlooking Galway Harbour, is a 279.26sq m (3,006sq ft) self-contained office unit finished to a high standard throughout.