At the beginning of next month, O’Donnellan & Joyce Auctioneers will bring more than 50 properties to the market with a bumper auction.
Already, the agents have reported they have been busy with enquiries locally, nationally and overseas.
The ‘Wild Atlantic Way’ auction will see properties around Galway go under the hammer, as well as commercial and residential premises right down the Western seaboard.
Among the Galway properties for sale are:
5 Woodbury, Barna. A magnificent three-bed second floor apartment situated opposite Rusheen Bay. The property is adjacent to Barna Woods, Silverstrand Beach and within minutes’ drive of Barna village and Salthill.
The Advised Minimum Value is €270,000. Open viewings Thursdays and Saturdays 12.30pm to 1.30pm.
15 Arasain na Mara, Salthill. A first floor three-bed apartment with breathtaking views overlooking Salthill Promenade, Galway Bay and the surrounding coastline. There are two parking spaces.
The AMV is €160,000. Open viewings Wednesdays and Saturdays 12.30pm to 1.30pm.
5 Rockbarton Court, Salthill. A ground floor two-bed apartment in a mature, well-established development. It is within walking distance of Salthill and offers easy access to the city centre.
The AMV is €180,000. Open viewings Wednesdays and Saturdays 12.30pm to 1.30pm.
20 Coachman’s Apartments, Dominick Street. A city centre three-bed apartment within strolling distance of Shop Street, Spanish Arch and Quay Street. In need of some modernisation, but offers great rental potential.
The AMV is €130,000. Open viewings Wednesdays and Saturdays 2pm to 3pm.
21 & 22 Cuan na Coille, Fort Lorenzo, Galway. Attractive three-bed duplex apartments which boast superb sea views from balconies overlooking Galway Bay.
The AMV is €155,000 each. Open viewings Wednesdays and Saturdays 3.30pm to 4.30pm.
14 Centrepoint, Liosban, Tuam Road. A modern two-bed townhouse located in a well-managed student complex situated approximately 1.6km from the city centre. According to the agents, this is an ideal gilt-edged investment opportunity with an all-year round rental income.
The AMV is €80,000. Open viewings Saturdays from 2pm to 3pm.
■ The auction takes place on Friday, March 4 in the Harbour Hotel, Galway. For further information, contact O’Donnellan & Joyce on 091 564212 or visit odj.ie
Bearna site offers enormous potential
A prime site has come on the market just 350 metres north of Bearna village – complete with planning permission for 40 residential units.
CBRE have been instructed by Receiver Myles Kirby of Kirby Healy Chartered Accountants to offer this superb residential development opportunity to the open market.
The site – for sale by Private Treaty with a guide price of €4m – is situated to the north of the current Thornbury residential development, along a quiet laneway which connects to the R336, one of the main arterial routes to Galway city.
It extends to approximately 4.58 acres and has the benefit of planning permission for the delivery of 40 residential units, comprising a mix of housing and apartments.
The 22 housing units are all semi-detached and terraced units and range in sizes from 112 – 130 sq. m.
There are also additional lands included within the land holding that do not form part of the permitted scheme and have significant development potential, subject to planning permission.
This portion of the site is zoned R2 under the County Development Plan, which requires that 50% of the permitted scheme are committed to development.
This is a superb opportunity to acquire a residential development site with planning permission in place, in a highly sought-after location on the outskirts of Galway City.
CBRE’s Darragh Deasy described it as ‘a fantastic opportunity to acquire a residential development site in Bearna, a highly sought-after residential location’.
“The permitted scheme will appeal to a wide range of parties, and there is further opportunity to develop further units on the additional lands, subject to obtaining planning permission,” he said.
Small fall in house prices
Property prices in Galway have bucked the national trend by falling during the quarter, according to the latest MyHome.ie Property Report.
The report for Q4 2021, in association with Davy, shows that the median asking price for a property in the county fell slightly by €25,000 over the quarter to €259,975. However, this still means prices have increased by €9,975 compared with this time last year.
Asking prices for a three-bed semi-detached house in the county rose by €6,000 over the quarter to €245,000. This means that prices in the segment have risen by €10,000 compared to this time last year.
Meanwhile, the asking price for a four-bed semi-detached house in Galway stayed steady over the quarter at €285,000. This represents a year-on-year decrease of €3,000 in the segment.
There were 797 properties for sale in Galway at the end of Q4 2021 – a decrease of 15% over the quarter.
The average time for a property to go sale agreed in the county after being placed up for sale now stands at just over four months. In the city, it is just over two months.
The author of the report, Conall MacCoille, Chief Economist at Davy, said that, nationally, the findings of the report painted a grim picture for prospective homebuyers.
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.
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.
People will be green with envy at this charming home
DNG Martin O’Connor Estate Agents are handling the sale of ‘The Green House’, a charming four-bed detached residence located in a private setting a short distance off the Connemara Coast Road west of Spiddal.
The Indreabhán area in recent years has attracted a lot of interest due to major road improvements, quality blue flag beaches every few miles, the popularity of the Irish language and much more. The entire area is well serviced with excellent community amenities, shopping facilities as well as good employment opportunities.
This very distinctive property has been carefully planned and immediately upon entering, you will be struck by the light-filled accommodation which comprises a welcoming and spacious kitchen/dining area leading onto a spacious hallway. Connected to the kitchen is a multipurpose room which is currently used as a den, it has many potential uses. Next to this is the spacious utility room which offers excellent storage.
Directly across the hall is the comfortable living area which overlooks the front the front garden, it is complete with feature solid fuel stove and good quality flooring. The remaining ground floor accommodation consists of two bedrooms and a shower room. Both bedrooms have the benefit of an extra room area where the rear bedroom has provision for an en-suite and the front bedroom has provision for a study, nursery or playroom.
Upstairs are two further good sized double bedrooms, one boasting a walk-in wardrobe, while a large office/walk-in dressing room can be found in the second bedroom. A family shower room and hot press completes the first floor accommodation.
Externally, the grounds are mainly laid to garden with a large parking area to the rear. The gardens over the years have been well planted with native trees and fruit trees. There are two storage sheds to the rear of the house. The hardcore fill for a large garage have been laid for which planning was granted with the house. The site is extremely private with a lovely patio area to the front.
In a wonderful secluded setting the property is bursting with potential and only on viewing can one appreciate it uniqueness.
The asking price is €375,000. For further information or to arrange a viewing, contact DNG Martin O’Connor on 091 866708.