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O’Donnellan & Joyce conducted a remarkable auction last Friday when the company placed 29 properties under the auction hammer and sold 2, with the remaining two are under an advanced stage of negotiations.

O’Donnellan & Joyce conducted a remarkable auction last Friday when the company placed 29 properties under the auction hammer and sold 2, with the remaining two are under an advanced stage of negotiations.

In a crowded conference room at the Menlo Park Hotel last Friday, Spencer auctioneers held its May land auction with seven lots of land in the Oughterard area coming under the hammer.

The first auction of 2013, in what will be the largest auction held in Ireland to date, will feature a massive 155 properties, comprising 109 residential and 49 commercial lots with a combined reserve of €15.4 million, and will include 73 houses, 27 apartments, 24 retail, seven pubs, and two hotels.

O’Donnellan & Joyce will hold its first property auction of the year on Friday March 15 in the new venue of the Harbour Hotel on the docks, commencing at 3pm.

A car boot sale will take place in Main Street Carpark, Castlebar on Sunday January 27 from 8am to 3pm. For details phone 086 108 6502.

The next indoor car boot sale in Foxford Sports and Leisure Centre will take place on Sunday January 20.

O’Donnellan & Joyce completed the year with another successful property auction last Friday. The company has sold a record number of houses by public auction with more than 100 houses being sold by auction during the year.

O’Donnellan & Joyce once again proved the phenomenal interest that there is in properties which are well priced being sold at auction when the company placed 12 properties under the hammer last Friday in the auction room. Ten of these were sold at or well above their guide price.

The crowd witnessed the first signs that things maybe starting to recover in the property market when O’Donnellan & Joyce’s monthly auction was packed to capacity with a large number of investors and owner occupiers bidding on the 14 properties which were sold under the hammer. The belief within the 400 capacity crowd was that now is the time to re-enter the market with properties now starting to give an excellent return at a very low cost base.