Kerry agents to take part in national auction
Related Articles
Wednesday March 10 2010
REAL Estate Alliance (REA) is to host the first National Property Auction featuring a wealth of residential, commercial and investment properties.
The auction will take place in Dublin's Shelbourne Hotel on Friday, April 30. Local REA Kerry agents North's REA and Coyne & Culloty REA believe the formula will act as a catalyst to stimulate the market.
According to Donal Culloty of Coyne & Culloty REA in Killarney, "This auction has been initiated in an attempt to stimulate the market, linking willing vendors to purchasers thus presenting a unique opportunity for buyers to get 'off the fence' and take the plunge while the market is still in their favour."
The commercial and investment opportunities will offer a wide variety of retail premises, development sites, farm land, offices and industrial units. Many of the properties will have guaranteed rental income in place - some will be vacant properties and these are expected to prove extremely popular. The commercial properties being offered for sale will derive from a mix of private sellers, investors, banks, semi state and government bodies.
Eddie Barrett of North's REA in Tralee, comments: "The residential and commercial properties being sold at auction will derive from a wide number of sources, both public and private."
Ireland's first National property auction will be held on Friday, April 30, at the Shelbourne Hotel. Those bidding will need to have their finance in place with a ten per cent deposit being payable on the day. More information at www.realestatealliance.ie or by calling 1890 929 530.
