Tag Archives: Costelloe Estate Agents

As Budget 2024 looms, it will be delivered against a back-drop of a cost-of-living crises and an imminent general election. Housing provision is undoubtedly the single biggest economic and social issue facing Ireland currently, and as a result, this hot political issue will remain firmly on the government’s agenda, as they frame and fine-tune next Tuesday’s budget. The housing market is in a position of excess demand over supply and is characterised by increasing rents, affordability concerns for first time buyers, and a lack of availability of rental accommodation. These factors combined with thousands of small and medium-sized landlords leaving the rental market have lead to a perfect storm in housing. And Ireland’s strong economic performance, a low four per cent unemployment rate, and a rising population all mean there are high levels of housing demand in both the purchase and rental sectors. Minister for Housing, Darragh O’Brien (FF) has indicated he will consider “efficient and effective” measures to attract …

FIFTY jobs are to be created at Woodstock Hotel, after the Choice Hotel Group bought the upmarket 67-bed hotel on the Shanaway Road, Ennis, for a reported €1m-plus. The hotel is to re-open on a phased basis, starting in the middle of next month, with the bar, lobby and bedrooms available to guests, while €750,000 in refurbishments are carried out to allow the hotel facilities – including its function/conference room, leisure centre (complete with 15-metre pool), restaurant, meeting rooms and spa – to be fully open for business by the end of September. Regional group general manager, Darragh Brady is currently in Ennis, overseeing the start up and recruitment of around 50 staff for the hotel. “It’s a fantastic hotel and we’re getting great support from local people, who are delighted to see Woodstock Hotel reopening as part of the Choice Hotel Group,” he said. The Choice Hotel Group is the largest four-star operator in Ireland, with over 1,300 rooms …

THE 250 berth Lough Derg Marina in Killaloe/Ballina is being offered for sale, with an asking price in excess of €500,000. Situated on the  Ballina shoreline, the marina is on an 3.17 hectare (7.8 acre) site with over 500 meters of lake frontage that enjoy panoramic views of the lake and surrounding countryside. The site includes a workshop/warehouse, ancillary offices, ground floor showroom, storeroom and an adjoining two bedroom first floor apartment. Zoned for mixed use general development, the property may suit planning permission for a new marina or a mixed development, incorporating a water related development, including private and public berthing, cruiser rental, leisure/water related activities, commercial use, holiday and family apartments/ houses or even a small hotel, subject to planning permission. The marina is being offerd for sale by joint agents, CBRE and Costelloe Estate Agents. Robert Colleran of CBRE commented, “This is an exceptional opportunity to acquire a 250 berth marina with potential to develop a new marina …