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The last number of months have seen a large number of office units coming to the market for rent. This is mainly due to the slow down in economic conditions as many businesses look to relocate to smaller premises or unfortunately can no longer continue to trade.

Landlords and residential property investors are finding the rental market more challenging in recent months with rents in some locations falling by approximately 10 per cent. While this is bad news for landlords, it is good news for tenants. There is still good activity in the rental market with many would-be property purchasers staying in the rental market. However supply of rental property has increased as those vendors who cannot currently sell are deciding to rent as an alternative.

With the banking crisis deepening and first time buyers delaying entering the property market because they either can’t get mortgages at present or they think it is more prudent to assess the economic situation further before taking the leap, the good news is that rental prices are decreasing in Mayo.

Lease & Live, a new company in Galway, is determined to spark life back into the property sector with a fantastic new initiative. This scheme offers prospective home owners the chance to rent their dream home for up to three years with the opportunity to purchase the property at the end of the lease with all finances paid to be deducted as down payment.

My Property Manager is a property lettings and management agency serving Mullingar and the Midlands. The agency deals exclusively with lettings and property management. Areas of expertise include residential lettings, property portfolio management and block management for multi unit developments.

Two excellent properties are to be offered for sale by public auction tomorrow in what should give an excellent indication of the property market in the city. The spring-time auctions will see two very different properties go under the hammer in what director James Heaslip promises to be an engaging event.

A public meeting to discuss the possibility of setting up a Galway Mortgage Holders Association to represent the growing numbers of mortgage holders getting into difficulties will be held this Monday in the Westwood Hotel at 8pm.

Rents in Westmeath are approximately 12 per cent lower than they were a year ago, according to the latest figures from Ireland’s busiest property website Daft.ie.

No 14 Caisleán Cúirte, Corofin, is an exceptional property comprising approximately 1,922sq ft of well finished interior with high quality fixtures and fittings throughout.