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O’Donnellan and Joyce’s final all-day property auction of the year on Friday December 12 saw property sales reach €6.2 million. Residential property sales in the afternoon reached €4.5 million, with many first time buyers in evidence around the auction room such was the value on offer. In the morning €1.7 million in property sales was reached with cash buyers and investors Christmas shopping ahead of the December 31 capital gains tax deadline.
O’Donnellan & Joyce will bring to conclusion the busiest year for selling properties by public auction tomorrow (Friday December 12) at 11am in the Harbour Hotel when more than 50 properties will be for sale by public auction.
The fourth Connacht Property Auction of 2014 was held on Tuesday November 11 in the Menlo Park Hotel, Galway. There has been a lot of positivity in the property market this year and the auctions held by The Connacht Property Auction were proof of this. The auctions in 2014 have had an 87 per cent average sold ratio which each auction offering between 20 and 30 properties. In addition to this, many more properties were sold on the online auctions which are growing in popularity due to the high volume of sales being achieved by the auction team.
O’Donnellan & Joyce reports that investors are chasing properties prior to the end the year in order to avail of the exemption from Capital Gains Tax on properties held for over seven years, and the majority of investors are looking for residential and commercial properties with strong yields.
O’Donnellan & Joyce has launched its forthcoming auction on Friday December 12 with all 50 properties opened at the weekend for the general public to view.
O’Donnellan & Joyce has just launched full details of its last mega property auction of the year, with more than 40 properties throughout the west of Ireland due to go under the hammer.
The sun was shining on the streets of Westport on Tuesday evening, when the Mayo Advertiser met up with one of the new faces trying to make her mark on the door steps and get a seat on Mayo County Council for the first time. Joan Geraghty is well known to the readers of this paper, having worked here as the acting editor of the paper in recent years and previously worked as a journalist for a number of years in The Mayo News. Her experience in seeing how the council works at close quarters over those years is one of the reasons that she decided to put herself forward for election for the first time.
Two weeks ago in this column, we showed some photographs of the Jute Spinning factory in Earl’s Island, and what I thought were large stacks of turf beside the building. An eagle eyed reader has pointed out that these were not sods of turf, they were ‘jute butts’, stems of the jute plant from which the fibres were extracted. They were stacked out in the fresh air because they are easier to work when wet. The fibres that made up the rough jute products were extracted from the top half of the plant.
Westport has a jam-packed programme of free events planned over four days to celebrate Ireland’s patron saint in the shadow of his holy mountain this St Patrick’s weekend.
Gardai in Westport are looking for the public’s assistance in locating a car that left the scene of a road collision in the town.