The Connacht Property Auction has noted a significant uplift in foreign buyers looking to purchase in the west of Ireland. During the months of June, July, and August, the auction team have seen an increase of 40 per cent in enquiries for Galway, Mayo, and Clare from foreign based buyers. The majority of these are from the UK with sterling exchange rate remaining very strong while there are also strong enquiries from Australia, Germany, US, and Canada.
The auction team are now inviting entries for the upcoming auction on September 17 and expect another successful auction with the increased enquiries from abroad along with continued local demand. The first three auctions to take place this year averaged more than 90 per cent sold and with demand expecting to continue into the end of the year, now is a good time to bring properties on to the market.
The company does not charge any upfront costs into the auction and takes on board all marketing and entry fees itself. Furthermore, the auction team will agree a fair seller's reserve with each property owner which is the minimum amount the property owner can walk away with.
Nos 1A, 1B, 2, 3A, and 3B Baile tSleibhe, Rossaveal: Offered at bids over €330,000 in partnership with Maureen McKeown estate agents, Salthill.
This beautiful housing cluster is located in the townland of Ballinteva on an elevated site overlooking the inlet of Rossaveal Bay, providing stunning Atlantic views. There are three properties on offer (two of which are subdivided into two separate units ) and these are located close to the established Rossaveal Holiday Village, indicating a viable holiday let enterprise.
Potential purchase options for this development include the purchase of the entire site consisting of three large properties spread over 1.8 acres. The purchase of an individual lot will also be considered. These reasonably priced properties are a must view.
Rusheens South, Cummer, Corofin: Offered at bids over €90,000 in partnership with Emma Gill auctioneers, Ballinrobe.
This mature four bedroom farmhouse residence is located in the countryside close to Tuam, Corofin, Belclare, and a host of amenities. Accommodation comprises kitchen, bathroom, large sitting room, large living room, and four bedrooms. This property is in a very peaceful location at the end of a cul de sac, less than a mile from the N17 Galway to Tuam road and only 25 minutes from Galway.
Cooloo Mountain, Moylough: Offered at bids over €155,000 in partnership with DNG Lyons Bracken, Athenry.
This attractive four bedroom bungalow is presented in pristine condition throughout. Built in 2005, all rooms are bright and welcoming, benefiting from lots of natural light. Heating is by means of oil-fired central heating, together with a feature stove in the living room and a solid stove (with back boiler ) in the kitchen/dining room. The house is within walking distance of Cooloo national school and is on the bus route to the Holy Rosary College, Mountbellew. It is approximately 40 minutes’ drive to both Galway city and Roscommon town, and 30 minutes from the M6 motorway.
The next public auction will take place on September 17 in The Menlo Park Hotel, Galway. 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