Archive for May, 2007

Clare farm makes €4m at auction

Tuesday, May 29th, 2007

A 63.6AC residential farm in Co Clare was sold for €4.05m at auction on Friday.
With a guide of €2.7m, auctioneer Cormac O’Sullivan from DNG O’Sullivan Hurley was pleasantly surprised at the huge turnout of more than 40 people, and even more pleased with the end result.
Opening strongly at €2m, the farm attracted three strong bidders [...]

Athlone IT and IPAV to offer degree course in Real Estate

Wednesday, May 23rd, 2007

Athlone Institute of Technology has announced its beginning a new degree on real estate this September.
The full-time course which will run over three years is aiming to offer students a detailed knowledge of the property industry.
The joint venture between the Institute of Professional Auctioneers and Valuers and AIT will offer a Bachelor Degree in [...]

Irish commercial property market

Thursday, May 17th, 2007

The FT reports that private investors appear to be deserting the commercial property market as escalating prices and last week’s interest rate rise begin to bite. In figures released on Tuesday from Savills’ largest commercial property auction, a third of properties went unsold, significantly above the long-run average. At a smaller separate auction held by [...]

Crossmolina land sells for over €1m

Wednesday, May 16th, 2007

FORTY-EIGHT acres of Crossmolina land has gone under the hammer for a provisional figure in excess of €1million, writes Anna Marie Flynn. The agricultural land, close to Crossmolina town, went for a total of •1,007,300 at public auction in The Courthouse Hotel, Ballina on Thursday last.
Gerry Rowland, Auctioneer and Valuer at Optimum Auctioneers, made the [...]

Loughlin Bowe Auction – The Quiet Man

Saturday, May 12th, 2007

Important Antique & Fine Art Auction on the instructions of Mr K. Rosenkranz. The entire contents of ‘The Olde Railway Hotel’ (founded c1790), Westport, Co Mayo. Auction on the premises on Sun 27th May 2007 at 1pm . Viewing Sun 20th May 2-6pm, Fri 25th May 2-6pm, Sat 26th May 11-6pm. Courtesty viewing on [...]

Limerick Council in e10m property deal

Thursday, May 10th, 2007

A Limerick hotelier has paid almost euro 10 million, or euro 2mn euro per acre, by public Tender, for the once controversial halting site on the Dublin Road.
The five acre landbank, which had been occupied by Travellers for 16 years, was put up for public tender by Limerick County Council, through Rooney Auctioneers.
The purchaser is [...]

Mayo sale a rarity in slow market

Tuesday, May 8th, 2007

THE land market in Mayo has been quiet this year. It is not that prices are poor but, rather, that very few farms have been auctioned. However, the sale of a C.67-acre residential farm near Balla should stir things up.
A price in excess of €900,000 is being sought for Drimadoon House and lands. But given [...]

Listowel Auctioneering firm to close

Friday, May 4th, 2007

A downturn in the property market in north Kerry in recent months sees one of Listowel’s most well-established auctioneering firms close its doors for good this Friday.
After over 20 years of selling and evaluating homes and properties, Hannon’s Auctioneers have decided to call it a day. Founded by Danny Hannon, the firm has in latter [...]

Renovated cottage incorporates old dairy

Tuesday, May 1st, 2007

If good workmanship is still appreciated then Tony Feeney of DM Auctioneers maintains that he will have little difficulty in finding a buyer for a recently renovated cottage in Co Leitrim.
The nine-room residence is in the townland of Black Mountain, about 4.5 miles from the north Leitrim town of Manorhamilton and 3.5 miles from the [...]