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Your driveway is sitting there all day when you are at work and it could be making you money. That is the premise of an ingenious new app developed by two Galway students — and if it’s successful, it could revolutionise the pattern of commuters into the world’s major cities.
The massive success of O’Donnellan & Joyce’s 2014 auctions seem to have left no doubt in the minds of most vendors that, if you want to sell your property in a reasonably short length of time, the auction route is the way to go.
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.
Mayo County Council has budgeted this year €500,000 for the repair and upkeep of its vacant housing stock, but they would need three times that figure to keep on top of the number of houses that become vacant throughout the year. That is according to director of services for Mayo County Council, Paul Benson, responding to a query about how many vacant houses in Mayo belonged to the council. Independent councillor Michael Kilcoyne raised the issue at the annual budget meeting of the council, and he was told that some 1,590 houses are in the ownership of the council at the moment, and between 50 and 60 of those are currently vacant.
The property at Gloves sold for €31,000 while the property at Lenamore sold for €44,000. These properties attracted more than 10 bidders each.
Continuing on from the successful meeting last month on Setting New Goals, February’s meeting of the Mayo Open Coffee Club (MOCC) will take place on Wednesday, February 6, at 9.30am in the Innovation in Business Centre (IiBC), Castlebar.
O’Donnellan and Joyce will hold the last of the summer auctions this Friday at 3pm in the Victoria Hotel when it holds a major discount auction with seven properties all going under the hammer. Anne Harding, auction co-ordinator with O’Donnellan and Joyce, said they have saved the good wine until last with unbelievable value on offer this Friday.
A property which was on the market just two years ago at a price in excess of half a million euro has just been put back on the market at a reduced price that will certainly raise a few eyebrows.
A property which was on the market just two years ago at a price in excess of €500,000 has just been put back on the market at a reduced price that will certainly raise a few eyebrows.