Budget tax relief change means business at The Connacht Property Auction

The Connacht Property Auction is expecting strong interest at its November 11 auction due to the Budget announcement regarding capital gains tax relief. The capital gains tax relief means buyers who purchase properties in 2014 will not be liable for capital gains for the first seven years of ownership. This relief will come to an end on December 31 and The Connacht Property Auction is expecting strong interest in properties due to this upcoming change. The auction team are now inviting entries for the ongoing online auctions and the November 11 auction.

Inishmicatreer, Headford, Galway: Offered at bids over €117,500 in partnership with Spencer auctioneers, Galway

This charming one bedroom cottage with views over Lough Corrib comes with full planning permission to create a fabulous three bedroom home. The property is situated just a few minutes from Lough Corrib on the beautiful island of Inishmicatreer. The property is just nine miles from Headford and approximately 10 minutes from the main Galway to Ballinrobe road, within easy access of Galway city. The property comprises living room with basic fitted kitchen, bedroom with views over Lough Corrib, and bathroom.

Old Gort Road, Ennis, Co Clare: Offered at bids over €79,000 in partnership with Arthur & Lees auctioneers, Ennis

This is a fantastic opportunity to purchase a property excellently located just 10 minutes from Ennis town centre. The property is in need of renovation but gives the purchaser the opportunity to design it to his/her own taste. The property benefits from off street parking and also has a large back garden and garage.

Accommodation includes entrance porch, hallway, sitting room, kitchenette extension, and three bedrooms. This property would ideally suit a first time buyer or investor. Viewing of this property is a must.

No 12 Reilean, Roscam, Galway: Offered at bids over €265,000 in partnership with Keane Mahony Smith auctioneers, Galway

This stunning four bedroom beautifully finished O'Malley home is just 5km from Galway city centre, close to the main employment centres east of the city.

Accommodation includes entrance hall, wc, spacious living room with wraparound window detail, solid flooring, stove, dining room, modern kitchen, and utility at ground floor, with three bedrooms, en suite, and bathroom at first floor, and the master suite at second floor with en suite.

The property benefits from a large garden and large Steeltech storage shed on site, and boasts an impressive BER rating of B3.

This location has always been a preferred home seekers’ area and high levels of interest are expected in this property so register your interest early to avoid disappointment. To view this property contact Keane Mahony Smith on 091 563 744.

The next public auction will take place on November 11 in The Menlo Park Hotel, Galway at 7pm. Registration starts at 6.30pm.

Contact The Connacht Property Auction on 091 882 121 to arrange for a free property valuation or for more information visit www.connachtpropertyauction.ie


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