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Apartment overlooks Blackrock diving tower and iconic Galway Bay

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The view from the apartment balcony of Ocean Towers, Salthill.

O’Donnellan & Joyce Auctioneers are handling the sale of a fine two-bed top floor apartments located in Ocean Towers, Salthill.

Ocean Towers at Blackrock has a self-run management company and is a secure private complex adjacent to Salthill Promenade and Galway Golf Club.

This two-bed apartment is presented in turn-key condition and offers views over Galway Bay and Blackrock diving boards.

No 31 is located on the far left of the complex with the benefit of a south/south-west facing aspect and a large private patio overlooking Galway Bay.

The property comprises a bright and spacious welcoming hall, open plan kitchen/diner/lounge area, which is incredibly bright and airy due to its large windows and balcony area.

The sleeping accommodation comprises two double bedrooms, the master of which has an en suite bathroom. There is also the added bonus of an open fireplace in the lounge room in addition to storage heating with computerised convector heating.

The apartment also has communal parking and because of the self-run management company, the entire development is kept in excellent condition both internally and externally.

It’s location offers a huge range of amenities required for modern day living and are within easy reach or indeed walking distance.

Only a leisurely stroll from the Prom, Blackrock, Galway Lawn Tennis Club, Galway Golf Club and Galway city centre – the location says it all.

Selling agent Colm O’Donnellan said: “This property is without doubt one of the finest apartments that have come to the market in recent times. The property would prove to be the ideal summer holiday home residence, retirement home or investment property.”

The asking price is €375,000. The BER Rating is D1. For further information or to arrange a viewing, contact O’Donnellan & Joyce Auctioneers on 091 564212.

CITY TRIBUNE

More than one third of adults have no pension

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The Competition and Consumer Protection Commission (CCPC) has published new research outlining Irish adults’ preparations for their retirement.

The research findings show that a high percentage of consumers do not have any pension plan in place. When asked their reasons for not having a pension in place, 32% stated that they have yet to get around to it, 20% feel they are too young and a further 20% don’t feel they can afford it.

Almost a quarter (23%) of those in the 55-64 years age group – those who may expect to retire in the next decade – reported that they don’t currently have a pension in place. 77% of this age cohort expect to qualify for the State Contributory pension as one way of funding their retirement.

Of the 735 adults who took part in the research, two thirds (66%) stated they would be using the State Contributory pension to help fund their retirement. The research also shows that 32% of those questioned were unaware of the amount of the State Contributory pension payment (currently €253 per week).

Respondents intend to supplement their pension plans with a variety of other forms of retirement funding, including, selling a property (24%), rental income (23%), equity release (15%) and selling a business (14%). One third of those aged 25-34 expect to use funds from the sale of a property or income from a rental property as a source of funding in retirement.

Kevin O’Brien, Member of the CCPC, said: “This research suggests a lack of provision for adequate retirement income among a considerable cohort of Irish adults.

“It raises concerns therefore around the long-term financial well-being of consumers, with 38% having no pension in place.

Of those surveyed, many cite the time to set up a pension or being too young as barriers to making pension provisions.

“Pension planning is key to maintaining financial well-being in retirement and it is evident from this new research that many Irish adults do not have the necessary provisions in place to provide for a secure retirement, despite the significant tax reliefs available on pension contributions.

 

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Connacht Tribune

Local Ireland welcomes move to 0% VAT for news publishers

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Local Ireland, the association representing 32 weekly paid-for newspapers around the country, has welcomed the decision by the Minister for Finance Paschal Donohoe to remove VAT on newspapers.

President of Local Ireland Declan McGuire said: “This is a very important move for news publishers.

“Zero per cent VAT will allow local newspapers around Ireland to invest in journalism and in the transition to new digital business models.

“News publishers have faced a series of major challenges over recent years, most recently the huge increases in the cost of newsprint. This move will help support jobs in the industry and sustain the quality of our service to readers.

“We very much appreciate this endorsement by Government for the valuable role we play in our communities and the public service content we provide.

“I would like to thank the Minister for Finance and the Minister for Public Expenditure and all the Ministers, TDs and Senators from across the political spectrum who have given their support to our campaign to end VAT on journalism.”

Executive Director of Local Ireland Bob Hughes said: “Local news publishers are the lifeblood of the communities they serve. Along with our national colleagues represented by NewsBrands Ireland, we play a vital role in Ireland’s democracy.

“Today’s decision will protect the future of trusted, professional journalism in Ireland against the tide of global disinformation that threatens to undermine healthy democratic debate and analysis.”

 

 

 

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Connacht Tribune

Galway call-out with entries now open for Guaranteed Irish Business Awards

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Pictured at the launch of the Guaranteed Irish Business Awards are Patrick Farrell,Retail Banking Director, Permanent TSB; Michael Jackson, Managing Partner, Matheson; broadcaster Anton Savage, and Christina Conlon, Marketing Manager, Guaranteed Irish.

Guaranteed Irish has announced the launch of the 2023 Guaranteed Irish Business Awards, celebrating the best of locally based businesses in recognition of their contribution to business in the country.

The Awards – back after their inaugural year – aim to put the spotlight on local businesses that have made a commitment to support local jobs and contribute to local communities across the country.

The event, which will be MCed by broadcaster Anton Savage, will take place at an awards luncheon in The Shelbourne Hotel on Tuesday, March 14 2023.

“Guaranteed Irish has been supporting businesses in Ireland for almost 50 years and is recognised as the national symbol for trust in business and provenance,” explained Brid O’Connell, CEO of Guaranteed Irish.

“It’s important to celebrate the best of homegrown businesses as well as firms that have chosen to operate locally here in Ireland. Through the Guaranteed Irish licensed symbol, consumers identify businesses that build local supply chains, support local jobs, and embrace sustainable business practices.

For more, read this week’s Connacht Tribune.

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The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

 

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