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The price of the average three-bed semi in Galway rose this year by 3.1 per cent across the county to €165,000, and by 2.7 per cent in the city to €282,500.
The Connacht Property Auction held its first public auction of 2019 on Thursday February 21 in the Menlo Park Hotel, Galway. Of the 15 properties on offer, 14 were successfully sold giving an impressive 93 per cent success rate for the first event of the year. After a successful run of auctions in 2018, the auction team were expecting to start 2019 in a similar manner and they did not disappoint with continued interest in the majority of lots that were offered.
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.
Burgess Summer Sale will offer up to 70 per cent off a selection of quality, popular fashion and homeware brands when it begins on Thursday, June 25 at 9.30am.
The average asking price for a house in Galway city grew by 15 per cent in the first three months of this year, according to the latest house price report from Daft.ie.
Commercial vacancy rates in Mayo have increased, from 12.7 per cent in 2013 to 13.4 per cent in 2014, and there are now more than 1,000 vacant commercial premises in the county.
The price of an average three-bed semi in Mayo rose by 15.15 per cent in 2014, according to a national survey carried out by Real Estate Alliance. The Real Estate Alliance Average House Index concentrates on Ireland's typical stock home, the three-bed semi, giving an accurate picture of the property market in towns and cities countrywide.
The price of an average three-bed semi in Westmeath rose by 33.33 per cent in 2014, according to a national survey carried out by Real Estate Alliance.
Business owners in Athlone could be looking at a decrease of 8.4 per cent in their commercial rates in the coming years as Westmeath County Council endeavour to introduce a single rate across the county.
The commercial vacancy rate in Mayo has increased from 12.4 per cent in quarter two of 2013 to 13.2 per cent in quarter two of 2014 according to new data published by GeoDirectory this week. For the first time the report includes an analysis of the commercial vacancy rate of industrial commercial property across the country. In total according to the report, 1,079 of the 8,183 commercial addresses recorded in Mayo in quarter two of 2014 were vacant and that the commercial vacancy stock in Mayo accounts for 3.7 per cent of commercial address points in Ireland.