Search Results for 'Business_Finance'

With the Irish property market’s performance in 2023 described as ‘regaining momentum’, and the competition for homes heating up, Galway’s auctioneers and estate agents share their experiences and the most expensive houses sold last year.

The residential lettings market has continued to prove very challenging for both potential tenants and landlords alike.

New mortgage lender MoCo, has been revolutionising the nation's home-loan markets by announcing that it would be prepared to issue mortgages that people can pay off until age 80.

In 2018, Sherry FitzGerald unveiled its groundbreaking customer communication hub, mySherryfitz introducing an exclusive online platform for registered users to navigate their property journey and connect with estate agents beyond regular office hours. Distinguishing itself as the sole estate agency in Ireland with an in-house bidding platform, MySherryfitz boasts a monthly user base exceeding 4,000.

A major report by the Society of Chartered Surveyors Ireland (SCSI) has found that Galway is one of the most viable regions for delivering a new three-bedroom semi-detached house in a multi-unit scheme in Ireland. The two areas where the construction of a new 3-bed-semi is most viable on average is Galway and the Greater Dublin Area.

Attributed to changing consumer appetites and habits, challenging trading conditions and the rise of hybrid working, the rate of vacancies in Galway's commercial properties has risen in the last twelve months to become the second highest in Ireland.

6,000 engineering jobs are projected to be created in Ireland in 2024, according to a new report by Engineers Ireland.

University of Galway has announced a new MBA Scholarship in honour of the late entrepreneur Colm Feeney. The scholarship was launched at a special event on campus attended by family, friends and the business community, which also paid tribute to Mr Feeney’s memory and legacy in the west of Ireland.

From an economic perspective the outlook for the Galway hotel sector remains positive. The latest Irish labour market data show all-time high employment of 2.71 million across the economy while average weekly earnings grew by 4.6 per cent compared to the same period in 2022, both of which supports the outlook for leisure spending in the county.

Looking at a sample of locations in Galway city and county, there has been a significant increase in both the volume of properties sold, and selling prices, in 2023, according to the property price register.