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O’Donnellan & Joyce records €6.2 million in sales in last auction before capital gains tax deadline
O’Donnellan and Joyce’s final all-day property auction of the year on Friday December 12 saw property sales reach €6.2 million. Residential property sales in the afternoon reached €4.5 million, with many first time buyers in evidence around the auction room such was the value on offer. In the morning €1.7 million in property sales was reached with cash buyers and investors Christmas shopping ahead of the December 31 capital gains tax deadline.
O’Donnellan & Joyce’s final auction of the year takes place tomorrow
O’Donnellan & Joyce will bring to conclusion the busiest year for selling properties by public auction tomorrow (Friday December 12) at 11am in the Harbour Hotel when more than 50 properties will be for sale by public auction.
Commercial and residential properties for the savvy investor at O’Donnellan & Joyce auction
O’Donnellan & Joyce reports that investors are chasing properties prior to the end the year in order to avail of the exemption from Capital Gains Tax on properties held for over seven years, and the majority of investors are looking for residential and commercial properties with strong yields.
Investors and first time buyers flock to O’Donnellan & Joyce open viewings
O’Donnellan & Joyce has launched its forthcoming auction on Friday December 12 with all 50 properties opened at the weekend for the general public to view.
O’Donnellan & Joyce launches the last mega property auction of the year
O’Donnellan & Joyce has just launched full details of its last mega property auction of the year, with more than 40 properties throughout the west of Ireland due to go under the hammer.
O’Donnellan & Joyce summer auction — the hottest auction in Ireland
Last Friday was the hottest day of the year, and the heat could certainly be felt in the Harbour Hotel, where O’Donnellan & Joyce placed 27 properties up for auction. Twenty three properties sold at the event, and four were withdrawn but are currently under active negotiation. Total sales in the region of €4 million were recorded on the day.
O’Donnellan & Joyce to hold summer auction tomorrow
O’Donnellan & Joyce auctioneers will hold its summer auction tomorrow afternoon (Friday) at 3pm in the Harbour Hotel, Galway. There is a remarkable variety of properties on offer at the auction, especially throughout Galway city, with a large number of investment properties and family homes due to go under the hammer.
Tax incentive attracts investors to O’Donnellan & Joyce forthcoming auction
O’Donnellan & Joyce reported this week that it has been overwhelmed by the number of investors who entered the market in recent weeks, particularly those looking for Galway city properties close to NUIG and UHG. The Government’s capital gains incentive introduced in 2013 comes to an end at the end of this year and provides for investors who purchase a property prior to the end of the year and holds it for seven years; they can then sell the property without having to pay capital gains tax. This is an incredible incentive for investors as there is no other asset that you can acquire and hold for a seven year period tax-free.
Tax incentive attracts investors to O’Donnellan & Joyce forthcoming auction
O’Donnellan & Joyce reported this week that it has been overwhelmed by the number of investors who entered the market in recent weeks, particularly those looking for Galway city properties close to NUIG and UHG. The Government’s capital gains incentive introduced in 2013 comes to an end at the end of this year and provides for investors who purchase a property prior to the end of the year and holds it for seven years; they can then sell the property without having to pay capital gains tax. This is an incredible incentive for investors as there is no other asset that you can acquire and hold for a seven year period tax-free.
Tax incentive attracts investors to O’Donnellan & Joyce forthcoming auction
O’Donnellan & Joyce reported this week that it has been overwhelmed by the number of investors who entered the market in recent weeks, particularly those looking for Galway city properties close to NUIG and UHG. The Government’s capital gains incentive introduced in 2013 comes to an end at the end of this year and provides for investors who purchase a property prior to the end of the year and holds it for seven years; they can then sell the property without having to pay capital gains tax. This is an incredible incentive for investors as there is no other asset that you can acquire and hold for a seven year period tax-free.