Auction attracts overseas bids

Colm O Donnellan
Colm O Donnellan

A four-bed detached home off Taylor’s Hill in Galway, which went under the hammer for €440,000, was one of the highlights of the final O’Donnellan & Joyce ‘Wild Atlantic Way’ auction of the year.

Auctioneer Colm O’Donnellan said the auction attracted a large number of phone bidders – from Ireland, the UK, Central Europe and as far away as Australia.

“It is not surprising at this stage that Galway City properties, both residential and commercial, attracted a huge amount of interest from investors, first time buyers and house-hunters alike,” he said.

Among the lots which attracted significant interest was 47 Maunsells Road, Galway. An exceptional four-bed detached property located just off of Taylor’s Hill, close to several quality schools, both primary and secondary and is within close proximity to Salthill, NUIG, UHG and walking distance of the ‘West End’. The Advised Minimum Value was €425,000 and it sold for €440,000.

At Carrowmanagh, Oughterard, ‘River View House’ is a four-bed detached bungalow in need of modernisation just a short stroll to the centre of the village. The AMV was €100,000, and bidding opened at €90,000, before selling for €174,000.

Three commercial units adjacent to the Twelve Hotel, which had AMVs of €120,000, €130,000 and €175,000 achieved individual prices of €140,000, €140,000 and €155,000. They were then offered for sale collectively and an investor acquired them for €475,000.

A three-bed semi in Claremont Park, Rahoon, which had an AMV of €175,000 saw bidding open at €170,000. After two bids, it had failed to reach the reserve, but sold afterwards for €180,000.

Bidding opened at €80,000 on two retail units with overhead accommodation, and two townhouses to the rear at Market Square, Gort, with two bidders in the room and a phone bidder. The lot sold at €170,000, which was €60,000 over the AMV.

A three-bed townhouse at Station House in Clifden sold for €8,000 more than its AMV of €80,000.

At Carrawnaseer in Dunmore, a four-bed house sold at its AMV of €135,000.