Budget tax relief change means business at The Connacht Property Auction

The Connacht Property Auction is expecting strong interest at its upcoming November 11 auction due to the Budget announcement regarding the capital gains relief. The capital gains tax relief means buyers who purchase properties in 2014 will not be liable for capital gains for the first seven years of ownership. This relief will come to an end on December 31, and The Connacht Property Auction is expecting strong interest in properties due to this upcoming change. With expected strong interest in the coming months, the auction team is now inviting entries for its ongoing online auctions and upcoming November 11 auction.

Shanvaghera, Knock

This property is offered at bids over €99,000 and is on sale in partnership with John Higgins auctioneers, Ballyhaunis. This beautiful four bedroom cottage style residence is situated on a 0.1160 hectare site. The property is located one mile from Knock and only a short distance from the N17 Galway/Sligo road. The cottage benefits from tarmac driveway, landscaped gardens, oil fired central heating, and PVC double glazed windows.

The property has been well maintained and comes to the market in good condition. The accommodation consists of entrance hallway, living room, kitchen, four bedrooms, and one bathroom. This property would ideally suit a first time buyer or as a family home. To view this property contact John Higgins auctioneers on (094 ) 9631372.

S O’Huiginn, Kiltimagh

This pub is offered at bids over €81,000 in partnership with John Higgins auctioneers, Ballyhaunis. This is a fantastic opportunity to purchase a successfully trading pub with living accommodation overhead. The property is located right in the heart of Kiltimagh and close to all local amenities. The property also boasts a large garden to the rear and holds huge potential. Overhead accommodation includes sitting room, kitchen area, bathroom, and three bedrooms on the second floor. To view this property contact John Higgins auctioneers on (094 ) 9631372.

11 Saint Bridget’s Crescent, Castlebar

This property is offered at bids over €79,000 in partnership with DNG Burke-Connolly-Maloney, Castlebar. This three bedroom semi-detached residence is located within walking distance of Castlebar town and close to all amenities. The property consists of a kitchen, living room, and a separate room on the ground floor which could be used as a fourth bedroom or as an office, upstairs there are three bedrooms and a bathroom. The property benefits from a large garden to the rear and also has the potential to have private access via car to rear. To view this property contact DNG Burke-Connolly-Maloney on (094 ) 9027300.

The Connacht Property Auction is now taking entries for its next auction. Call (091 ) 882121 to arrange for a free property valuation, or for more information visit: www.connachtpropertyauction.ie Next public auction is November 11 in Menlo Park Hotel, Galway, at 7pm. Registration starts at 6.30pm.

 

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