This has proven to be a record year for sales at well-known Galway based auctioneers O’Donnellan & Joyce after the company completed its mid-year review. According to the Daft.ie Business Intelligence Report, O’Donnellan & Joyce auctioneers at 5 Mary Street in Galway is listed as the number one real estate agent nationwide in terms of sales, and it commands an impressive 22 per cent growth in terms of volume sold year on year. O’Donnellan & Joyce strives to stay two steps ahead of the competition and the ongoing success of its Wild Atlantic property auction series of live auctions, which are held regularly in the Harbour Hotel in Galway, are renowned throughout the country.
As outlined in the Daft.ie report, O’Donnellan & Joyce has listed more than 450 properties to date with multiple new properties being added daily. Miriam Keane, senior manager of the administration team, noted: "We are receiving multiple new instructions on a daily basis, given the success and reputation of the company nationwide. The combination of auction and private treaty sales in the second hand as well as new homes is thriving at present." Occupying a 16 per cent share of the total market share in Galway, O’Donnellan & Joyce is the largest agent in Ireland in terms of volume of properties sold in the 2019 calendar year and these impressive statistics are on the rise with four months remaining in the year.
With a cumulative total of over one million property ad views on Daft.ie alone, the company is attracting huge attention to its listings with reports of more than 100 viewers at a recent open viewing on a wonderful property located at The Claddagh in Galway city. The company uses a number of online and offline advertising mediums including its own website www.odonnjoyce.com, MyHome.ie, Daft.ie, Property.ie, the Galway Advertiser and Connacht Tribune, as well as other regional and national papers. Under its new marketing executive, Aaron O’Reilly, the company has grown its social media presence in the last few months with big plans for further investment and growth in online and print media. Following the success of its Wild Atlantic live property auction series, which now includes a nationwide portfolio with properties from Dublin and the east coast flooding into their listings, the company is enjoying tremendous interest and attendance in its live public auctions, which are regarded as the best in the country and attract not only local and national interest but also international buyers particularly from the UK, USA, Australia, and the Middle East.
On the other side of the auction house is the private treaty department, led by Niall Browne and featuring Hugh O’Donnellan, Alan McKenna, Anne Harding, and Shane McDonagh. The company is overseen by senior partners Colm O’Donnellan and Tony Joyce who are both well known in Galway and further afield having established the company some 35 years ago. The private treaty department is kept busy with a massive influx of second hand homes being offered to the market as owners look to cash out on investments, upgrade to a more modern family home, or empty nesters look to down size. With the strength of the market in Galway at present, many properties which are listed for sale are snapped up quickly by investors, first time buyers, or those looking for a change of lifestyle or location. The company has noted a number of very popular properties among its long list with some highlights listed below.
Lioscarraig, Threadneedle Road, Salthill: This wonderful 4,500sq ft house is tucked away in a meticulously maintained and beautifully landscaped cul de sac of large detached homes just off the Threadneedle Road in Salthill.
This is one of the finest and most attractive family homes to come to the market for some time and has everything you could want in terms of lifestyle, luxury, and location. This large five bedroom detached home attracted tremendous attention when brought to the market and finally sold for €1.45m.
Father Griffin Road, Lower Salthill, Galway: This bright and spacious family home is superbly located between Galway city centre and Salthill, offering four spacious bedrooms and a large side and rear garden area. The property was presented in excellent condition throughout and was very popular among viewers, attracting large crowds at open viewings. This stunning house closed out at a sale price of €570,000.
Upper Salthill: This three bed end-of-terrace residence located on the Upper Salthill Road offers approximately 860sq ft over two storeys, including living room, kitchen, bathroom, a large hallway, and access to rear garden, while the first floor comprises three generous sized bedrooms and family bathroom. Externally, the property has a large descending garden to the rear with a favourable westerly aspect, while the front offers a gated entrance. With an asking price of €300,000 and a sale price of €275,000, it is clearly obvious that the market dictates the prices and there is great value on offer in Galway currently.
Devon Park, Salthill: Located in one of Galway’s most popular and sought-after residential areas on a magnificent corner site, this spacious family home has it all. Offering five bedrooms, a large corner site, and ample space and style throughout, this property attracted viewers from near and far and with considerable interest, the price rose from an asking price of €500,000 to €608,000 - over €100,000 more than the sellers had expected to receive.
Moyola Park, Newcastle: Situated in the desirable Moyola Park estate in the popular Newcastle area, a large detached house on a substantial site drew a large crowd at viewings. Offering five bedrooms and space in abundance, this wonderful property sold for €395,000.
Among other recent sales were a three bedroom terraced house at St Nicholas’s Avenue, Claddagh, which sold for €348,000; and a four bedroom detached residence in the popular Lurgan Park, Renmore, which sold for €352,000. A two bedroom terraced home on Raleigh Row, in Galway’s West End, sold for a staggering €270,000. Away from the city, a spectacular four bedroom detached property at Lissadyra in Tuam sold for an impressive €152,000. One four bedroom terraced home in An Cregan, Barna, sold for €366,000.
A number of apartments also commanded strong sales prices including a two bedroom unit in Galway Bay Apartments which attracted an offer of €185,000. A beautifully appointed two bedroom apartment in Ashling Court in Renmore sold for €277,000. A similar two bedroom property in Barr Taoide overlooking Galway Harbour which sold with tenants in place was closed at €235,000.
In addition, 2019 saw the return of new homes with Burkeway Construction leading the way with the launch of its new development at Breacan, comprising 15 semidetached homes on the Letteragh Road. O’Malley Construction sold a large number of four bedroom semidetached homes in Tuairin on the Coast Road, Oranmore. These ranged in value from €375,000 to €382,000. Nine prestigious detached homes were brought to the market in Dun Eibhir in Furbo, and with just three units remaining this build by Kinport Construction offers exceptionally luxurious homes. In Clarinbridge, Redington Woods offers prestigious country living in the heart of the village. Niall Browne of the O’Donnellan & Joyce new homes team noted: "Builders are building, and the buyers are lining up with mortgage approval and the help to buy scheme in place."
The commercial department, which is led by Tony Joyce and Shane McDonagh, recorded some of the most high profile sales to date. Below are a number of commercial sales in 2019.
A large 1,815sq m warehouse unit located in the Claregalway Corporate Business Park, a modern commercial development located on the outskirts of Claregalway village just off the R381 Claregalway to Oranmore link route, attracted a lot of attention when it was introduced to the market earlier this year. With tremendous interest, the lot comprising multiple units commanded a selling price of €500,000.
A modern three storey car showroom located in the Briarhill Industrial Estate on the east side of the city was offered to the market by private treaty. Under the eye of Shane McDonagh, many viewings took place with investors and business owners showing great interest. A final sale price of €1,400,000 was achieved as the 21,000sq ft unit changed hands.
O’Donnellan & Joyce auctioneers is the number one professional in Galway when it comes to selling, renting, or valuing a property. If you are thinking of selling your property, then look no further than the award winning O’Donnellan & Joyce team. With free ‘thinking of selling’ valuations carried out and many positive testimonials from previous vendors, you can rest assured that the 35-year-old business has attracted some of the country’s finest agents each which bring their own experience and knowledge to the table.
O’Donnellan & Joyce’s next Wild Atlantic property auction takes place on Friday, September 27, in the Harbour Hotel in Galway city. With a sizeable auction catalogue coming together and launching soon, there is sure to be a property to suit every budget and requirement. Full listings for all properties can be viewed any time online at www.odonnjoyce.com Brochures and additional detailed can be acquired by contacting the company at it Mary Street offices on 091 564 212 or by email at [email protected].