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More than €6m worth of homes going to auction

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AMV €300,000 - San Antonio Terrace, Salthill.

More than 40 properties are set to go under the hammer – with guide prices totalling in excess of €6 million – at the final O’Donnellan & Joyce auction of the year on December 12.

And the auctioneers have signalled it may be the last opportunity for first-time buyers to secure a home with a 10% deposit, with Central Bank guidelines currently under review.

Investors have also been warned that the Capital Gains Tax exemption scheme (on properties held for a period of seven years) will expire at the end of the year.

At the auction, properties will be on offer in the city centre, Salthill, Shantalla, Rahoon, Newcastle, Headford Road, Bohermore, Mervue, Oranmore, Moycullen, Clifden, Ballyconneely, Dunmore, Loughrea, Ahascragh, Ballinasloe, Mayo and Sligo.

Auctioneer Colm O’Donnellan told Tribune Property: “This is one auction that first-time buyers and investors will not want to miss, with a tremendous variety of properties on offer at exceptional value.

“This final auction of the year will allow first-time buyers to have the benefit of knowing that they can avail of the 90% loan offers which will currently be in place until the end of the year and thereafter are under review by the Central Bank.

“In addition, for investors this will be the last opportunity to avail of the Capital Gains Tax exemption where if you acquire a property prior to December 31, 2014 and hold it for a period of seven years, you will have no capital gains tax on the sale thereafter,” said Mr O’Donnellan.

Auction list

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Connacht Tribune

Why NUI Galway is the University of choice for 2022

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It’s a time in our lives that many of us can relate to. Life after the Leaving Cert. When what feels like all the studying in the world is narrowly behind you and all of a sudden, you’re faced with one of the most important decisions of your life. As daunting as it can be, choosing where to study can become one of the most rewarding decisions you’ll ever make.

To find out more visit –

https://www.nuigalway.ie/cao/?utm_source=ctribune&utm_medium=content-text&utm_campaign=uglaunch&utm_content=advertorial

NUI Galway, recently awarded the Sunday Times University of the Year for 2022, is a place where you can take the weight of potential from your shoulders and plant it in fertile soil. The diversity, dynamism, and direction, embodied in the culture of this city, is plain to see reflected within the historic walls of its prestigious and proud university.

Situated in the heart of Galway city, renowned for its natural beauty, students at the university can benefit from a place famed for its creativity, become empowered by values of excellence and sustainability, and truly contribute to a lasting vision for the future. With world class teaching, offering a wide-ranging array of subjects that seek to take on the most significant contemporary and future challenges facing humanity.

To lend NUI Galway’s weight to the welfare of the planet, a research and innovation strategy, including decarbonisation, antimicrobial resistance and the health of our oceans and coasts, will champion interdisciplinary breakthroughs in collaboration with over 3000 international institutions in 114 different countries. By doing so, traditional boundaries can be bypassed, and research processes previously bogged down by these hurdles can be propelled thanks to digitalisation and technological innovations.

A thriving student community awaits, ranked in the top 30 most beautiful campuses in Europe, welcoming students from all over the world. The west of Ireland is a place for the untamed mind to truly explore, both academically and culturally, but the sense of togetherness and collaboration that students will experience can be the bond, forming friendships that last a lifetime.

NUI Galway degree courses have adapted in an instinctive way to a world interrupted by the Covid-19 Pandemic and, in many cases, allowing students to study subjects from a broad context for the first year, getting a feel for them before specialising later. This energising approach to study has proved to be not only popular, but hugely effective in navigating the challenges of the career street map.

Studying with NUI Galway goes beyond the time you spend on campus and surrounding areas. Students will be immersed in world-class teaching programmes, learning from expert academics and gaining new skills and perspectives, ensuring they are among the most employable graduates anywhere and setting them apart in the world of work. With an alumni network of over 100,000 worldwide, opportunities for placement abroad are also a great way to further prepare you for the world and your chosen workplace.

Surrounding yourself with exceptional facilities and technology, immersing yourself in a research ecosystem that informs industry, and setting your creative spirit free in a place of natural wonder are, in isolation, resounding reasons to choose NUI Galway as a place to take the next steps in your life’s adventure.

Discover why NUI Galway is the University of You, for you.

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Connacht Tribune

Fears on inflation and supply

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Inflation – general and wages – along with supply chain issues are the issues of most concern to a majority of business leaders as their organisations face into 2022.

That’s according to the latest quarterly research by the Institute of Directors (IoD) in Ireland, which has also found that a majority of business leaders remains optimistic about the financial performance of their primary organisation in both Q1 2022 and, indeed, for the year 2022.

The advance findings of the IoD’s latest Director Sentiment Monitor survey for Q4 2021, to be published in January, found that 86% of the business leaders are concerned that general inflation will negatively impact the financial performance of their primary organisation in Q1 2022.

And 83% of the survey’s respondents fear that wage inflation will impact staff retention and staff recruitment over that same first quarter.

Nearly a third say their business model has been adapted for supply chain issues – but two-thirds remain concerned regarding their primary organisation and its supply chain issues for the end of 2021.

Again, 34% of respondents say supply chain issues are impacting their ‘bottom line’ for 2021 – and 46% of the business leaders are concerned that there will be supply chain issues for their primary organisation in 2022.

 

 

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Connacht Tribune

Galway reigns on Weather Network

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Sandra Moffatt of Tourism Ireland and Elizabeth Steede of Katie's Claddagh Cottage, with Weather Network host Chris Mei; and producer Nora Jartan, at Katie's Claddagh Cottage.

Tourism Ireland in Canada is teaming up with The Weather Network, in a new collaboration to promote Galway and Ireland.

The partnership involves four new short videos, which airs on the Weather Network this month and will be seen by around ten million people across Canada. It will also include an episode of the channel’s podcast, This Day in Weather History, which was released on December 21.

The Weather Network is a hugely popular TV channel in Canada, and channel host Chris Mei and producer Nora Jartan have been filming in Galway – as guests of Tourism Ireland and Fáilte Ireland – capturing lots of great content in Galway city and at Katie’s Claddagh Cottage.

They also visited Galway Bay and enjoyed an overnight stay in the Park House Hotel, as well as dinner in McSwiggan’s.

The videos and podcast will also be promoted extensively on The Weather Network’s digital and social media platforms.

Sandra Moffatt, Tourism Ireland’s Manager Canada, described the Weather Network’s podcast as another great platform to promote Ireland.

“Our aim is to showcase our rich culture and heritage, as well as spectacular landscapes, to potential Canadian holidaymakers for Ireland. Our message is that we cannot wait to roll out the green carpet and welcome back Canadian visitors in 2022,” she said.

 

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