Author Archives: ocean@15

Property market in Galway

Property Report Galway

The Galway Advertiser published recently an interview with three local aucioneers. The main findings concerning the property market in Galway include: return of buyer confidence increased property sales severe shortage of supply residential letting at a historic high for demand auctions not achieving prices as good as the sale of similar houses by private treaty For more details please visit ... Read More »

Private Rented Accommodation

Independent Private Rented Apartments

Private Rented Accommodation reaches record numbers. According to Independent.ie almost one in seven of the population is now living in the private rented sector. The record is set with almost 700,000 living in leased houses, flats or apartments. The amount of tenancies registered with PRTB since December 2013 has risen by 52%.  The National Economic and Social Council said that one in three ... Read More »

Declining Oil Prices Impact Global Real Estate Markets

According to Cushman and Wakefield report the impact of lower oil prices on economies and real estate markets remains of key importance to the prospects of occupier markets around the World. Locations with a high proportion of oil and gas related output will be the most vulnerable to the oil price decline. For the UK, the benefits of a broad ... Read More »

Financial Times Property Summit 2015

Property Summit

Financial Times is holding a 9th edition of Property Summit in London this year. The Property Summit is taking place at the Four Seasons Hotel Park Lane in London on 12 November 2015. It will explore opportunities available in the UK commercial property market, highlighting key areas for growth and assessing future prospects. The summit brings together global investors, occupiers, ... Read More »

The SCSI Annual Property & Facility Management – Residential Seminar

The Society of Chartered Surveyors Annual Property & Facility Management – Residential Seminar will take place on Thursday 25th June, at the Herbert Park Hotel, Dublin 4. The theme of this year’s Seminar is Recurring & Emerging Challenges, and presentations will address a range of issues affecting the day to day practice of a Property Manager such as Fire Safety; ... Read More »

Stamp Duty

Stamp Duty is the government tax related to changing the property ownership details in official documents. The amount of stamp duty payable depends on the price paid (or the market value where the price paid is less than market value) for the property. It also depends on the type of property , if it’s residential or non-residential. When closing a ... Read More »

Banks to cut interest rates for variable mortgages

It is said that homeowners with standard variable mortgages (SVR) are likely to benefit from reduced interest rates from July this year. Minister for Finance Michael Noonan met with AIB, Bank of Ireland, Permanent TSB, Ulster Bank, KBC and ACC to discuss variable rates currently being charged by the banks. Reducing the cost of mortgages might come from: straight rate ... Read More »

Two Bedroom Apartment, Semple Mill, Galway City Centre

Two bedroom apartment Galway City Semple Mill property management

Ocean Property Management is delighted to present this luxury two bedroom apartment situated in the very heart of Galway City. This beautifully designed apartment is spread over two levels. Large and airy benefits from open plan kitchen, dining and living area. The master bedroom is ensuite and the second bedroom has a bathroom of its own. The balcony overlooks the ... Read More »

One Bedroom Luxury Apartment in Semple Mill, Galway City Centre

Semple Mill one bedroom apartment to let galway property management

Luxury one bedroom apartment in the heart of city centre. Beautifully presented rental property in the heart of Galway city with magnificent living space and top quality finish throughout. It has energy efficient gas heating system and access to a secure underground car park. Semple Mill is Galway’s most architecturally prestigious and distinctive apartment complex to date. It is located ... Read More »

‘The Allure of Europe’ – Capital Views report by Cushman & Wakefield

Property investment Europe

‘The Allure of Europe’ – Capital Views report by Cushman & Wakefield According to the report European real estate is set to stay firmly in the spotlight for global investors with a resulting two-year window of high activity and attractive relative pricing driven by improved property investment supply, portfolio restructuring, rising prices and the impact of quantitative easing. Europe accounted ... Read More »