The Connacht Property Auction is expecting strong interest from buyers over the next few weeks as the team head into their final public auction of 2018.
Patrick Folan from The Connacht Property Auction said: “Traditionally there has been a significant increase in enquiry levels in October and November versus August and September. The annual budget often has a major role to play in this as vendors and buyer alike wait to see what comes from the Government. While property and the lack of affordable housing was again a focus of last week’s Budget, there were no major changes to the private housing sector with stamp duty thankfully remaining at one per cent for residential homes.”
Mr Folan added: “With the high demand for residential properties and indeed commercial, coupled with low supply, we are finding there is interest and competitive bidding on the vast amount of the properties we offer for sale and we have thousands of registered applicants currently looking to buy before Christmas. We will be undertaking a large marketing campaign for all properties over the coming weeks and we do not charge any upfront costs into the auction.”
Some properties of note on www.connachtpropertyauction.ie are:
Cuilleain, Carraroe, Galway
Offered at bids over €95,000 in partnership with Spencer auctioneers.
A rare opportunity to purchase two properties set on a site of c1.21 acres. Both properties are in need of complete renovation and are situated within walking distance of Carraroe. The front house is a three bed detached bungalow providing circa 880 square feet. The back property is a traditional stone cottage providing approximately 400 square feet of accommodation. The properties are comfortably set back from the road and there is ample opportunity to extend and develop the site. The lands are partially overgrown but provide a great opportunity for a variety of uses.
Clynagh, Carraroe, Galway
Offered at bids over €49,000 in partnership with DNG Martin O'Connor.
This property comprises a derelict cottage and old shop and is located on the main road into Carraroe from Galway city. The property was in use until about 1990 and is now in need of total refurbishment but still offers excellent long-term potential. Situated in Clynagh, the cottage is built on approximately 0.86 acre and is just a short stroll from a public pier.
Brierfield, Moylough, Galway
Offered at bids over €27,500 in partnership with Spencer auctioneers.
The property is a cottage of stone construction with a rendered exterior and slate roof. The property needs complete renovation and could be replaced, subject to necessary planning being granted. Planning permission was granted in 2008 for the demolition of the existing cottage and the construction of a new three bed bungalow. The site is relatively level and would not be difficult to develop. The property offers purchasers the opportunity to create a fabulous residence on an attractive site in a great location.
The next public auction will take place on November 22 in the Menlo Park Hotel, Galway, at 7pm. Registration starts at 6.30pm.
Contact The Connacht Property Auction on 091 882 121 to arrange for a free property valuation or viewing, or for more information visit www.connachtpropertyauction.ie
