The country’s auctioneers have called for a radical intervention to breathe new life into Ireland’s decimated towns and villages.
The Institute of Professional Auctioneers and Valuers – representing almost 1,000 auctioneers – want to see a tax incentive scheme to convert non-viable commercial buildings into residential use by owner-occupiers.
That was one of the key proposals set out by the new President of IPAV at the organisation’s recent annual conference.
Eamon O’Flaherty from Lanesboro, Co. Longford, is a Director of Property Partners Brady in Maynooth
“The process of putting the lights back on in the centre of towns and villages would reverberate out into the local economy and community. The first to see the lift would be local tradesmen and women, next would be other retail outlets and then the schools,” he said.
He called on the Government to introduce a scheme for non-viable commercial premises to be converted to residential use with a tax incentive for owner occupiers.
“It’s clear from a walk through any of our rural towns that without reasonable incentives, no scheme will succeed. The nature and scope of the scheme is a matter for the Government to decide but my belief is that we need a generous and broad-based scheme if we are to breathe life into our town centres again,” he added.
He said while the IPAV welcomed the Living City initiative launched recently by the government, it was too limited focusing only on the regeneration of the historic centres of six cities – Dublin, Cork, Limerick, Galway, Waterford and Kilkenny.
“IPAV believes we need a nationwide scheme especially open to all our rural towns. Otherwise such towns will continue to languish and disintegrate before our eyes,” he said.
Mr O’Flaherty said the Government initiative in conjunction with the European Commission, which has promised an €80 million fund for urban renewal projects currently being finalised by the Department of the Environment, Community & Local Government is eagerly awaited. He cautioned however that co-ordination of policy is essential.
“Piecemeal isolated initiatives devised by well intentioned people who don’t have sufficient knowledge of the overall market or vision for the future, will not work,” he warned.
To this end he reiterated IPAV’s call for the setting up of a national property council which government would use as a consultative process to aid long-term planning. IPAV supports a vacant site levy in larger cities as an incentive to get inner city construction moving as rapidly as possible.
“We welcome the fact that the Government has now taken up this idea in the Urban Regeneration and Housing Bill 2015 currently before the Dáil,” he said.
IPAV’s annual conference took place at Carton House, Maynooth, and was addressed by Tom Parlon, Director General of the Construction Industry Federation, as well as Chris Grezesik, Chairman of TEGoVA, Europe’s representative body for real estate valuers in 33 countries.
Family-friendly location just a stroll to the beach
This large semi-detached residence in the popular Tearmann Eala estate in Renmore has come to the market with an asking price of €395,000.
Number 26 is a well-presented four-bed property with very generous living space spread out over two floors.
The ground floor comprises a wide entrance hall with under stairs toilet, a large living room with open fireplace and to the rear, the kitchen/dining room and utility both with access to the back garden.
Upstairs are four double bedrooms all with built-in wardrobes and the master is en suite. Completing the upstairs is the main bathroom.
Externally, there is off-street parking to the front and a well-kept rear garden.
Selling agent Kyle O’Brien said: “Tearmann Eala is a quiet cul de sac development in Renmore. It is a perfect family friendly development and is well serviced by local amenities and services nearby.
“Ballyloughane Beach is only a short stroll away and not to mention all the communal green areas and facilities such as Galwegians Rugby Club and the Kingfisher Leisure facilities.
“Additionally, there are many further amenities such as schools, Dunnes Stores, Lidl and Parkmore IDA Park, the major employment hub on the east side of the city.”
For further information or to arrange a viewing, contact DNG Maxwell, Heaslip & Leonard on 091 565261.
Energy efficient home brings A game
This A-rated energy efficient home in Salthill was built in 2017 and incorporates all the advancements in building technology.
The four-bed property in Forster Park, just off Dalysfort Road, occupies a deceptively large site with off-street parking to the front and two side accesses to a large south-facing rear garden.
The owners commissioned the architect to provide a modern, efficient home and to maximise the natural attributes of the south-facing site and incorporate the light into the building.
They achieved their goal. Light permeates this home with large floor to ceiling windows, roof lights and high ceilings.
As well as the contemporary design, the materials used are cutting edge with Zinc external cladding and roofing.
There are aluclad windows and doors, external tiles to rear that match internal floor tiles, solid timber internal doors, designed Surreal kitchen with Corian worktops.
Being an A3-rated home it has high level of insulation, triple glazed windows, air to water heat pump heating system with under floor heating on the ground floor and secondary heating in the form of ambient wood burning stoves in the main reception areas.
All the rooms are bright, spacious and well proportioned, designed to be minimal and efficient yet provide comfortable living spaces.
This is a superb home, finished, fitted and decorated to a very high standard. It has off street parking to the front, two side accesses to a large south facing patio garden that features a wall mounted central water feature.
It is serviced with all the amenities including shops, schools, public transport and public amenities such as Salthill Park and the Prom.
This is a superb easily run, maintained and comfortable home in prime Salthill location.
The asking price is €975,000. For further information or to arrange a viewing, contact Sherry Fitzgerald on 091 569123.
Local homes go for online auction
iamsold will hold their next online auction on May 19 and are continuing to take entries for their 2022 summer auctions, which take place on June 23 and July 21.
Shane May, Sales Manager for iamsold, said: “Previous years have shown the April to July period is particularly strong for selling residential and commercial property. We have an excellent variety of properties currently on offer, and we are finding that there is an ongoing appetite for realistically priced property throughout the country. Our partner auctioneers have been kept busy as requests for viewings remain high on all our auction properties.”
Among the properties going under the hammer are:
12 The Spires, Clifden. Offered at bids over €275,000 in partnership with Matt O’Sullivan Auctioneer, this large four-bed semi is just a stone’s throw from the town and comes to the market in turkey condition. Internally the property offers bright and airy accommodation throughout, while externally there is a spacious and beautifully maintained back garden.
3 Newbridge, Clifden. Offered at bids over €235,000 in partnership with RE/MAX Professional Partners, this is a three-bed end-of-terrace property within walking distance of the town. A bright and spacious property, it is presented in turnkey condition and sits on an elevated site.
For further information, visit iamsold.ie or phone 091 882121.