Outstanding four-bed home

Thu, Jan 08, 2009

No 55 Woodfield, Cappagh, is a lovely detached family residence, situated in a quiet cul-de-sac within easy walking distance of Silver Strand, Barna Woods, Cappagh Park, local shops, and church, with easy access to schools and Salthill.

A year of change

Thu, Jan 08, 2009

The year 2008 will be remembered as a year of change for the global economy, the Irish economy, and the Irish property market. From a rapidly expanding Irish economy between 2002 and 2006, and in tandem a rapidly expanding property market, to rapid contractions in 2008. The transition from expansion to contraction has been very difficult for most involved in business, and the property sector in particular. Reformation of business structures, changing market conditions, and new realities in product market values, reduced profits, and in many cases substantial losses and significant job losses. These are some of the consequences of the change.

The residential property market is one of the most talked about markets in our economy, and is often used as an anecdotal indicator of the health of the overall economy. The discussions have changed from the record high prices to how low prices will go and where the bottom is. It is difficult for both vendors and purchasers to know exactly where the current market value is for property. One thing for sure is that the market has corrected more than most of the property indices suggest. Most suggest that the market has fallen by a maximum of 16 per cent from the peak of late 2006. We believe that prices have actually fallen in Galway city in the order of 17 to 30 per cent; this is for actual sales, not asking prices. From a recent analysis of sales since the beginning of November in our Eyre Square office we see prices have been 16.6 to 34 per cent lower than what would have been peak prices for these properties. What is encouraging is that there is considerable activity and interest in a property when it is pitched at or close to these new market prices, with many sales.

Looking forward to 2009

Thu, Jan 08, 2009

Mullery auctioneers is starting off 2009 with a large selection of properties for sale all over the city and county including new and second hand homes with many being offered at very attractive asking prices.

First time buyers seminar for Galway

Thu, Jan 08, 2009

A free seminar for first time buyers will be held in the Radisson SAS Hotel on Monday January 26 at 7pm. A host of speakers will be present to give impartial advice to first time buyers on the intricacies of buying a home, from the finance to the legal aspect.

Dep Frank Fahey will open the evening and discuss the Government initiative of the newly introduced Home Loan Scheme and answer queries on the scheme.

Top-class two bedroom home with extension

Thu, Jan 08, 2009

No 39 Cimín Mór is a beautiful residence with an extension incorporating a ground floor bedroom with en suite.

This home is ready to walk into and presented in pristine condition.

A bargain in Menlough

Thu, Jan 08, 2009

This substantial two-storey residence is located in Skehana, Menlough, a wonderful rural location yet within walking distance of church and local hostelry.

Shantalla home is ready to move into

Thu, Jan 08, 2009

No 16 Colmcille Road is a fantastic Shantalla home in wonderful condition and within walking distance of NUI Galway and UHG.

Convenient to everything

Thu, Jan 08, 2009

No 75 Sandyvale Lawn is a well presented home in excellent decorative order and convenient to every city facility including church, shops, and schools. Features include ofch, some double glazing, and PVC fascia and soffit. There are gardens to front and rear, and the rear garden contains a shed and is not overlooked.

Reality bites

Tue, Dec 23, 2008

The only certainty that seems to have prevailed through the commercial property market for the whole of 2008 has been uncertainty. From the experienced players to the new breed of market analysts, all seem to be looking at the murky waters waiting to see if there is clear water with a bottom in sight.

Ad hoc landlords – a thing of the past

Tue, Dec 23, 2008

The residential lettings market in Galway city has enjoyed a period of particularly strong growth in the year to date. As a result of the downturn in house sales many potential buyers have been biding their time and renting.

Interesting properties

Tue, Dec 23, 2008

The following are some lovely properties which will certainly raise eyebrows.

Quality agricultural land at Grange

Tue, Dec 23, 2008

Sherry FitzGerald Kavanagh offers a quality parcel of land at Grange, Corrandulla for sale. The 13.5 acres of quality flat lands come with good, well defined, boundaries with extensive road frontage and vehicular access onto the main Galway - Headford road (N84). Currently in grass in two plots, divided into a number of fields with good shelter and with water servicing the fields. One plot is on the western side of the N84 and the second plot on the eastern side of this road. The sole selling agents are quoting an asking price of €250,000.

Value for money

Tue, Dec 23, 2008

No 7 New Avenue Wood, Rahoon Road, is an attractive three bedroom semidetached property. In terms of convenience, this property has all that you would require at its doorstep, including ease of access to Galway city centre, Salthill, sporting facilities, and shopping centres.

Tirellan Heights

Tue, Dec 23, 2008

An excellent three bedroom property situated in Tirellan Heights, Headford Rd. Property comprises sitting room, dining room, kitchen with tiled floors, downstairs wc and whb, three bedrooms, main bathroom, wc, and whb.

Not all doom and gloom

Thu, Dec 18, 2008

In 2008, in general, it can be said there has been little in the way of good news. What started out a slow year with indications that prices would fall across the board, turned out by the end of the summer to have developed into what many property experts would describe as a freefall. With fluctuations in falling prices varying considerably depending on location across the country, nowhere escaped the carnage. Price falls varied from as high as 40per cent in some of Dublin’s commuter belt, with even traditionally nlue chip locations in the capital seeing falls as great as 20per cent. Galway, universally recognized as being recession proof in property terms didn’t escape either.

End of terrace townhouse

Thu, Dec 18, 2008

Now is the chance to purchase a property in the heart of Galway. Smith auctioneers offers this excellent two bedroom townhouse at the Cornstore, Middle Street, at the very centre of the city. It is rare that a townhouse is available in a much sought after development of only 12 townhouses.

Tesco Express opens first Galway Store

Thu, Dec 18, 2008

Tesco Express opened its first store in Galway last Friday located at Tornóg, Ballinfoyle on the Headford Road.

Great location

Thu, Dec 18, 2008

This is a top-class detached residence in extremely good condition – brilliantly located at Oldfield, Kingston. Property comprises large sitting room, dining room with patio doors to garden, kitchen fully fitted, downstairs wc, and whb, four excellent bedrooms, main bathroom, wc, and whb.

Pump Lane apartment

Thu, Dec 18, 2008

This one bedroom apartment is centrally located adjacent to the Eglinton Canal and tucked away off Dominick Street. Both Quay Street and the Shop Street are a two-minute walk away with every amenity close to hand.

Magnificent property auction

Thu, Dec 18, 2008

“The best and most exciting auction of the year,” was how people who regularly attended described O’Donnellan & Joyce’s auction last Friday. The agents placed three properties up for sale by public auction on Friday last. The regular venue which is The Harbour Hotel was packed to capacity with a large number of people unable to get into the auction room and transferring their bids from the hallway.

The first property to be placed for auction was a three bedroom end of terrace residence at No 1 St Bridgets Terrace it was purchased before the auction by a canny investor who didn’t want the property to go into the auction room and paid an undisclosed price for it prior to auction. Solicitor with carriage of sale: Ms Anne Kennedy, Bruen Glynn solicitors, Tuam, Co Galway.

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