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Estate agency sells over €3m worth of property at auction



A local estate agency sold around €3.3 million worth of property at auction, with one of the properties – a beautiful unfinished cottage in Cleggan – achieving more than twice its guide price.

However, while the landmark ‘Bal’ pub in Salthill was withdrawn from sale after failing to achieve its asking price, it has since gone ‘sale agreed’.

The cheapest selling price on the day was a three-bed semi in Rockland Avenue, Ballybane – in need of modernisation – which sold for €50,000.

Colm O’Donnellan of O’Donnellan and Joyce Auctioneers said there were between 300 and 400 people in the auction room in the Harbour Hotel.

“We’re absolutely delighted with the tremendous interest that there was, particularly in family homes, and delighted for the clients who were mainly private individuals, and prices achieved on the day,” said Mr O’Donnellan. He said many of the homes had up to five bidders interested.

Galway City:

The Bal pub – which was developed at a cost of €2.9m in 2005 – was on the market with a price tag of €350,000, but was withdrawn at €320,000. Negotiations continued after the auction and it is has since gone ‘sale agreed’ with an unknown buyer.

In Salthill, the big news of the day was No. 8 Glenard Avenue, a four bed semi-detached house, which had a reserve price of €350,000. It attracted five bidders to the point of its reserve price, and three people subsequently bid it up to €425,000. According to Mr O’Donnellan, this is the highest price achieved in the area in recent years.

Also in Salthill, No. 17 Lenaboy Gardens – a four-bed semi – sold for €290,000 – 45% over its guide price of €200,000.

On Taylor’s Hill, a four-bed detached home at Rivendell exceeded its reserve price of €360,000 and sold for €406,000. There were three interested parties.

A two-bed ground floor apartment at Ocean Wave in Salthill was withdrawn at €144,000, having failed to reach the reserve price and is still available for further negotiation.  

In the city centre, a 2/3 bedroomed apartment at Fisherman’s Wharf off Bowling Green, sold for €195,000 (the reserve was €160,000).

In Forster Court, off Forster Street, a three-bed semi attracted interest from two investors, who were keen to acquire it for rental purposes.

Bidding commenced at €160,000 and after consultation with the vendor, it was placed on the market at €172,000 and sold at that price, €3,000 below its asking price.

No. 13 Moyola Park in Newcastle, a four-bed detached house, attracted a number of interested parties and bidding commenced at €250,000. It was withdrawn at €275,000. A two-bed tax-designated apartment at the Gort na Coiribe complex on the Headford Road, saw bidding commence at €90,000 and increase in increments of €2,000, until it was sold at €110,000.

A three-bed unit (that sleeps four people) at the Glasán student village in Ballybane was sold just before the auction at its guide price of €80,000.

Also in Ballybane, a three-bed semi in need of modernisation on Rockland Avenue attracted two bidders and sold at its reserve price of €50,000.

In Ballard, Barna, a detached home in need of modernisation sold for €320,000 – 60% over its reserve price of €200,000.

A semi-derelict three-storey house on Merchants Road saw several bidders vie until the hammer came down at €85,000 – €20,000 over its reserve price.

For more, read this week’s Galway City Tribune….

Connacht Tribune

€900,000 for great outdoors



Minister for State at the Department of Transport, Hildegarde Naughton

Government funding of almost €435,250 has been approved for the upgrade of the Western Way Trail – one of four Galway projects to share funding of €929,200 under the Outdoor Recreation Infrastructure Scheme this week.

Local Minister for State at the Department of Transport, Hildegarde Naughton, said this vital investment is needed to ensure that the trail capitalises on the natural and historic beauty of the setting, and would prove extremely popular for visitors on the Wild Atlantic Way.

“This route has proved very popular for local and tourists alike with its natural beauty well-known to most people from the area,” the Galway TD said.

“This investment will result in significant improvements and will ensure that this wonderful facility is made accessible to an even greater number of people,” Minister Naughton noted.

“There has been large growth in the recreational tourism sector, and an increasing number of visitors to Ireland are particularly interested in walking, cycling and exploring natural settings and activities” the Minister said.

The scheme, which finances the development and maintenance of outdoor amenities such as greenways and walking trails, also sees The Walks in Loughrea receive €200,000 to upgrade the present route, with an additional €200,000 allocated to develop the Creggs Mountain walk, an element of the Beara – Breifne & Suck Valley Way.

And the Killarainy Woods trail in Moycullen, is being allocated €103,950 to enhance the route.

“The Outdoor Recreation Infrastructure Scheme contributes to the Governments objective of strengthening rural economies,” said Minister Naughton.

“The objective of the Scheme is to provide funding for the development of new outdoor recreational infrastructure and for the necessary repair, enhancement or promotion of existing outdoor recreation infrastructure in rural Ireland,” added the Minister.


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Connacht Tribune

Galway medtech firm awarded €3.6m to develop revolutionary stroke treatment



Ceroflo co-founder Dr. Paul Bhogal and CEO Chloe Brown.

A Galway medical device company is working with a consortium to help develop disruptive technology in the treatment of stroke – after it was awarded awarded €3.6m in funding.

Ceroflo is partnered on the project with manufacturing firm Advant Medical and the Medical and Engineering Technologies (MET) Centre at Atlantic Technological University (ATU).

Cereflo secured the funding on foot of its development of a revolutionary new type of stent technology that promises to be vastly more effective than existing treatments to treat Intracranial Atherosclerotic Disease (ICAD), a leading cause of stroke.

Up to 50% of strokes are caused by a build-up of plaque in an artery in the brain known as Intra-Cranial Atherosclerotic Disease (ICAD).

Pharmaceutical therapies aimed at reducing the stroke rate are currently deemed the most effective form of treatment for the condition but more than 20% of patients with significant ICAD still suffer recurring stroke within twelve months.

Technological solutions have so far proved sub-optimal, leaving this large population of patients with the ongoing risk of devastating strokes.

The Ceroflo SubMax Stent represents a game-changer in the treatment of ICAD as its shape and structure has been developed to suit the unique challenges of this disease.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

Galway Science and Technology Festival’s breaks new record



John (6) and Millie Caffrey (8) from Doughiska at the Medtronic operation stand at the Galway Science and Technology Festival’s annual exhibition.

More than 22,000 people attended last Sunday’s Galway Science and Technology Festival exhibition in the University of Galway – breaking all previous records.

Celebrating 25 years of STEM Education, the exhibition was the opening event for the two week annual Galway Science and Technology Festival, which is the largest event of its kind in Europe. It showcases Galway as the MedTech capital of Europe and a growing IT Hub, bringing science and technology to over 35,000 students in schools across Galway city and county. This year there will be over 200 STEM demonstrations, shows and workshops in 140 primary schools and 40 post-primary schools.

The exhibition was a hive of activity with 25 shows and hands-on workshops and over 80 demonstrations and interactive exhibitions created by sponsor companies and agencies, universities and schools. Families enjoyed 3D astronomy shows and learned how to extract DNA from a banana , saw parasites in VR, drove Valeos self-driving car using a mobile phone, visited the Teddy Bear hospital and the ever popular Doctor Bug introduced tarantulas, snakes and lizards to very excited children and much, much more. Medtronic’s Junior Hospital team engaged with families at their fantastic interactive series of stands in the Human Biology Building. Sue McGrath entertained with the Devastatingly Dramatic Climate Show and new to the Festival is Braintastic with their Non-Sense show exploring our senses.

The 2022 Galway Science & Technology Person of the Year Award was presented to Dr Enda O’Connell, Senior Technical Officer at University of Galway and Founding Director of ReelLIFE Science, a science video competition for schools and youth organisations in Ireland and N. Ireland, celebrating its tenth year, the competition encourages young people to engage with STEM, while developing their creativity and communication skills.

To mark the 25th year of the Festival, a special presentation was made to the Treacy Family in commemoration of the late Noel Treacy, Founding Patron of the Galway Science & Technology Festival.  Mr Treacy continued to be a strong advocate for the Festival over the 25 years and his presence was greatly missed this year.

Anne Murray, Festival Manager said: “We were delighted to be back on campus at the University of Galway to celebrate and learn about the world around us.  The attendance on the day reflected the value that families and the public place on this unique event and we were so glad to be able to honour the memory of the late Noel Treacy who always said it started with an idea”.

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