Coldwell Banker Estates

Irish Independent: Friday May 28 2010

Two overseas buyers bought west of Ireland properties ahead of auction last weekend where 23 lots were listed but none sold under the hammer.

After auction three further properties sold, two to overseas buyers. Auctioneer Ivan Connaughton says one of the buyers had been living in England and had been waiting 15 years to return home but had not been able to afford the high prices.

A Spanish person who plans to retire to Leitrim was among the bidders.

An American bought a four- bedroom bungalow, Olenberry, Scrine, Rahara, Co Roscommon, for slightly less than the €230,000 AMV.

Other Roscommon properties to sell include: Ait Ailinn, Corbo, Kilrooskey, a four-bedroom bungalow on a 0.6 acre elevated site which sold for below a €180,000 AMV; Drishaghaun, Ballinameen, a four-bedroom bungalow on 1.12 acres, sold for slightly under the €200,000 AMV; A 0.57 acre site with planning permission for a bungalow at Clashaganny, sold after auction for about 20pc below its €40,000 AMV. A six-bedroom house on 17 acres in Knockmashill, Creggs, Co Galway also sold below its €160,000 AMV.

Meanwhile in Co. Kilkenny local agent ERA Donohoe sold a four bedroom detached show house at Barrow Meadows, Goresbridge prior to action for just below its €220,000 AMV.

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