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Auctioneers call for radical intervention to aid towns and villages

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Pictured at the IPAV Annual Conference at Carton House were (from left) Pat Finn, Ballinasloe; special guest Ivan Yates; new IPAV President Eamon O’Flaherty; Colm Farrell, Gort; Joe Greaney, Galway; and Gerry Coffey, Williamstown.

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.

 

Connacht Tribune

Split level home on large site in Drum

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Drum East near Bushypark

This is a superb detached family home on a large site of 1.4 acres located around 5km from Galway City.

Built in 1999, the property at Drum East near Bushypark extends to 3,000 sq ft and has around 0.75 of an acre of easily maintained gardens.

The residence is deceptive from the front as it appears to be single storey, but is in fact split level and is over three floors.

On the ground and first floors are the sitting room, kitchen, dining room, utility room, four bedrooms (two of which are en suite), main bathroom and guest toilet.

On the lower ground floor is a large open plan room suitable for a variety of uses and two further separate rooms.  All rooms are large, bright and spacious.

The care and thought that has gone into this home is evident with the quality of fittings, such as solid timber floors, tiling, kitchen fittings and bathrooms have recently been refitted with new showers, tiling and suites.

The thermal efficiencies have been improved with extensive retro fitting of insulation, including pumping walls and attic insulation.

Externally, the gardens have been planned and have matured well with natural stone wall boundary to front, mature trees and shrub beds on side and rear boundary, extensive lawn, tarmacadam drive to the front, side and rear.  In addition, there is a rear field of approximately 0.65 acres.

Drum is a popular location to the west of Galway City approximately 5km from the city centre; Boleybeg Primary School is 1km and the Salthill Devon pitches are nearby.

It offers space, privacy, scope and all the benefits of country living yet on the doorstep of the city.

■ The asking price is €575,000. The BER Rating is C1. For further information or to arrange a viewing, contact Sherry FitzGerald on 091 569123.

 

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Connacht Tribune

Online auction will be dedicated to holiday homes

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A two-bed townhouse at Weighbridge House in Oughterard is going to auction with a starting price of €120,000.

An online auction with a dedicated catalogue of holiday homes around the country will take place in July, offering a mix of houses and apartments in coastal areas, rural cottages, and high-end properties in scenic locations.

IAM Sold Property Auctions, which runs the Connacht, Leinster, Munster and Northern Ireland Property Auctions will be holding the auction on July 15.

The auction team is now inviting anyone looking to purchase or sell a holiday home in Ireland to get in contact.

Company Director Patrick Folan said: “The annual Holiday Home Property Auction event is normally held at an event in Dublin, but this year we have moved it completely online. This will accommodate buyers regardless of location in Ireland or abroad and is the ideal platform with the current travel restrictions in place.

“The auction will offer buyers the opportunity to view and purchase a wide range of holiday homes throughout the country.

“There will be a particular focus on coastal areas and also properties that include small parcels of adjoining land. Anyone looking to buy or sell a holiday home property this summer should make contact with us and we will advise from there.

“There is no cost for the homeowner to enter a property into the auction and each property will receive excellent exposure across Ireland and the UK, in both national press and online marketing streams. We are seeing a lot of enquires coming from the UK again in recent weeks. We already have a large volume of buyers coming into the market looking for their perfect getaway or indeed retirement home and the holiday home auction is an excellent route to target this market,” said Mr Folan.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

Demand for homes is ‘extraordinarily strong’ despite pandemic

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Ballynasooragh, Mountbellew: seeking bids over €195,000 at online auction.

The Connacht Property Auction will hold their next online auctions on June 3 and July 1 and are still accepting properties from vendors to add to the catalogues.

According to the auctioneers, there is “huge demand” for properties at the moment, despite the pandemic.

Shane May said: “Previous years have shown the April to July period is particularly strong for selling residential and commercial property. While circumstances this year are very different to previous years, we are seeing huge demand for properties and our auction team are keen to speak to property owners who are considering bringing their property to the market.”

He said that with demand for property extraordinarily strong right now, property owners should consider coming to market sooner rather than later.

“We are encouraging owners considering selling their property and indeed buyers to contact us to discuss. We offer properties across the province and remain the only auction provider in Ireland who do not charge any upfront costs to entry a property into their auction,” said Mr May.

The next auction will offer a great selection of properties and while prices are continuing to increase, there is still choice and value to be found for buyers as well.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
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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