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

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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However, while the landmark ‘Bal’ pub in Salthill was withdrawn from sale after failing to achieve its asking price, it has since gone ‘sale agreed’.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The Bal pub – which was developed at a cost of €2.9m in 2005 – was on the market with a price tag of €350,000, but was withdrawn at €320,000.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A two-bed ground floor apartment at Ocean Wave in Salthill was withdrawn at €144,000, having failed to reach the reserve price and is still available for further negotiation.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

Galway’s housing stock on the rise

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A total of 1,147 residential buildings were under construction in Galway as of June – according to the latest GeoView Residential Buildings Report.

Over half of the residential buildings under construction in Ireland in June 2021 were located in the Leinster region (58.4%), revealed the report which is published by GeoDirectory and EY Economic Advisory.

The Greater Dublin Area of Dublin, Meath, Kildare and Wicklow accounted for 35.6% of the total number of buildings under construction in the country. In contrast, the lowest levels of construction activity were recorded in Ulster (6.5%) and Connacht (10.6%).

In all, 1,182 new residential addresses in Galway were added to GeoDirectory’s nationwide database in the twelve months to June 2021.

At 30.8%, the highest proportion of the new residential address points were again located in Dublin, followed by Cork (10.8%), Kildare (9.7%) and Meath (5.7%).

In percentage terms, Leitrim (219.6%), Carlow (146.5%) and Roscommon (144%) registered the highest year-on-year growth in new address points, albeit from a previously low base.

The report also found that 9.5% of all residential stock in the state are apartments. In total, there were 194,898 apartment address points across the country in June 2021.

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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Connacht Tribune

Galway towns included in home support pilot

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Confirmation...Minister Anne Rabbitte.

Tuam, Athenry and Loughrea will form one of a select number of areas for a nationwide pilot scheme to see how to improve home support services for families in need of carers.

Minister for Disabilities and Galway East Deputy Anne Rabbitte confirmed that the Galway towns were among nine across the country to form part of a national Home Support Pilot Programme, which will commence next month.

The pilot scheme will deliver an additional 230,000 hours of Home Support services over a six-month period, with the evaluation of the outputs to continue over a twelve-month period from its commencement.

Minister Rabbitte described this as a major boost for Tuam, Athenry and Loughrea.

“This will deliver in-home supports across the three towns, which are in the heart of East Galway and I know from working with families across the constituency that this will be a major boost,” she said.

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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Connacht Tribune

Galway passengers are all smiles at Shannon!

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Shannon Airport
Shannon Airport

The smiles on the faces at Shannon Airport very much told its own story this week – with passengers taking to skies as the easing of restrictions and the first day of the European Digital COVID Certificates took effect.

And it wasn’t just the joy of travel starting to resume that lifted spirits at the airport but also the announcement by Ryanair of a new once-weekly service to Gran Canaria (Las Palmas) to commence on August 7 – the third new service announcement for Shannon Airport over recent weeks.

There was a real sense of excitement as passengers of all ages became very much at ease with the heightened public safety measures in a ‘back-to-the-future’ day for the West of Ireland gateway airport.

There were reunions as inbound flights arrived but also a palpable degree of anticipation as others got set to depart on the earliest flight out of the airport today, the 7:10am flight to Gatwick.

Among those boarding was Clarenbridge native Claire Tomlin and her husband Jake, together with their three children, including their twins who turn a year old next week.

“It’s been amazing to get back. The kids saw their grandparents for the first time and their cousins and aunties and uncles, so it was fantastic,” said Claire.

“Shannon is just so convenient for us because it’s only about 40 minutes’ drive. So, it just makes everything a lot easier in terms of getting to and from places with little ones. So, yeah, Shannon is a great resource for us. Really, really good. We hope to be able to go back more and more.”

It was smiles all around for Shannon Airport staff as they got back to doing what they do best. “Well, today is a great day because you can see the atmosphere around the place, people are at ease here and they’re glad to be back, they’re glad to get up in the sky again,” said Shannon Duty Free Sales Associate Helen Quinlivan.

“It’s great to see the excitement. People are really looking forward to going back and seeing their loved ones and they’re very at ease.”

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