Classifieds Advertise Archive Subscriptions Family Announcements Photos Digital Editions/Apps
Connect with us

Business

Huge demand at auction for homes close to Galway city

Avatar

Published

on

Dalysfort Road, Salthill: €405,000.

A “phenomenal” demand for properties in established parts of Galway City was a key feature of an all-day auction which generated €5 million worth of sales at the weekend.

Auctioneer Colm O’Donnellan said it was clear there was a huge demand for family homes and properties in both Galway city centre and the west side of the city during the event which attracted a large crowd.

Although demand was more sluggish for homes in rural areas in the morning, interest really picked up when O’Donnellan & Joyce focused exclusively on properties in the city in the afternoon – generating €4.3m in sales.

One house on Shantalla Road, St Rita’s, achieved almost double its reserve price when the hammer fell at €260,000 after opening at €135,000. Two properties in the Claddagh were sold for €120,000 more than their AMV (Advised Minimum Value), while a three bedroomed bungalow at Lower Fairhill Road, also Claddagh, reached €365,000 from an AMV of €200,000.

And a three bedroomed semi-detached house overlooking the canal, which is in need of some refurbishment, reached €335,000 from an AMV of €220,000.

Mr O’Donnellan told Tribune Property: “It was clear that people were very keen to buy in or near the city centre, rather than in isolated rural areas.

“Locations such as Newcastle, close to NUI Galway and University Hospital Galway, were keenly sought, as were areas such as the Claddagh and along by the canal, all of which are within walking distance of Galway city centre. Salthill remains one of the most popular addresses for family homes.”

A four bedroomed terraced home at Dalysfort Road sold for €405,000, from an original minimum value of €330,000, while a semi-detached in Lower Salthill reached €395,000.

“Some family homes reached on average €120,000 beyond their AMV price such was the desire for the property and the address. There’s a continued confidence in Galway’s property market which further highlights the shortage of quality family homes in desirable locations across Galway city,” said Mr O’Donnellan.

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

Connacht Tribune

Three of Galway’s shining success stories reveal plans to expand in 2021

Avatar

Published

on

Senator Aisling Dolan....good news.

Three of Galway’s start-up success stories have all gone into the New Year with expansion plans – creating around ten high-end jobs each in the process.

The continued expansion of these Enterprise Ireland-supported companies – based in the med-tech and new technology sectors – are a ringing endorsement of enterprise in the west, according to Galway Senator Aisling Dolan.

Palliare, a medical device company founded in 2018 as a spinout from Irish gastro-diagnostic company Crospon, has hired ten new employees in recent months.

Flexwork company, Ronspot intends to have a total of ten new employees on board by spring 2021, and has hired five people since September.

Ronspot – based in the GMIT Innovation Hub – is a technology company which enables the flexible workplace between office and home.

And Venari Medical – a spin-out from the BioInnovate Ireland fellowship programme for medical device innovation at NUIG – filled three new positions in October, with plans to recruit up to ten new employees in the coming months.

Senator Dolan described the jobs as a vote of confidence in graduates in the west.

“It shows that the dynamic MedTech research in the west has a strong ecosystem with third level underpinned by Enterprise Ireland and the seed capital investment support from the Western Development Commission,” she said.

“It is wonderful to see Irish innovation rising to the top, competing internationally and winning global export markets. Enterprise Ireland champions Irish based innovative companies and crucially supports early-stage development,” she added.

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.

 

Continue Reading

Connacht Tribune

Gaeltacht businesses given Údarás lifeline

Avatar

Published

on

Údarás na Gaeltachta...Covid support.

Údarás na Gaeltachta has approved over €7.4m in vital Covid-19 supports to assist Gaeltacht businesses still dealing with the challenges created by the pandemic.

To date over 435 Gaeltacht companies have benefited from various Údarás Covid-19 support schemes to ensure that they have the appropriate advice and plan in place to address difficulties, to ensure cash flow and to assist them in accessing global sales markets online.

Údarás na Gaeltachta, in conjunction with Enterprise Ireland, has approved €6.4m in support funding to businesses located in the Gaeltacht to assist them with sustaining business, training, research and financial planning.

As a result of the longstanding memorandum of understanding between Údarás and Enterprise Ireland, Gaeltacht businesses employing ten or more people and exporting products and services can avail of Enterprise Ireland support schemes in a similar manner to other businesses throughout the country.

To that end, Údarás has approved substantial supports for Gaeltacht businesses over the past few months through a range of different supports and schemes.

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.

 

Continue Reading

Connacht Tribune

Thermo is the engineering King

Avatar

Published

on

The ADVANCER, which came to life in Thermo King’s manufacturing site in Galway. The project has today been awarded the title of Engineering Endeavour of 2020.

A project with its genesis in Galway – with the aim of reducing its customers’ carbon footprint by one gigaton by 2030 – has been awarded the prestigious title of Engineering Endeavour of 2020 by Engineers Ireland and ESB.

The ADVANCER project, developed by Galway-based Thermo King and their parent company Trane Technologies, was awarded the prestigious accolade having featured in Engineers Ireland’s Engineering Excellence Digital Series, held in association with ESB, and was chosen by the public and members of Engineers Ireland as the top engineering project of 2020 following an online vote.

Trane Technologies, with global headquarters in Swords, Co. Dublin, is a global leader in efficient and sustainable climate innovation for buildings, homes and transportation, employing close to 1,000 people in Ireland, and 36,000 employees globally.

The ADVANCER project, which includes an innovative trailer refrigeration unit and manufacturing line in Galway, was developed by Thermo King in response to their parent company’s 2030 sustainability aspirations, and the commitment to reduce their customers’ CO2 emissions by one gigaton by 2030 – equivalent to 2% of the world’s annual emissions or, the annual emissions of France, Italy and the UK combined.

Built with ambitious sustainability goals at its core, the ADVANCER trailer refrigeration unit has been developed using all-new Mild Hybrid electrified architecture, creating a new standard for performance, fuel efficiency, temperature control and environmental sustainability for trailer refrigeration units.

The Thermo King team also developed a world class sustainable assembly line in Galway which utilises 100% renewable energy and is now on track to become the first carbon neutral assembly line in the sector.

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.

 

 

Continue Reading

Local Ads

Local Ads

Advertisement

Weather

Weather Icon
Advertisement

Facebook

Advertisement

Trending