GeoDirectory

  • Almost 16% of commercial properties in Mayo are vacant at present, according to the latest figures from GeoDirectory.

    The national commercial vacancy rate is at 13.2% - down slightly on the previous year.

    There are almost 28,000 commercial properties in the country vacant.

    Counties on the West coast had the highest commercial vacancy rates, with Sligo, Leitrim, Galway, Mayo and Roscommon making up the top five.

    Sligo had the highest commercial vacancy rate at almost 19%, while at the other end of the scale, Meath had the lowest vacancy rate at 10.4% showing the widening gap between the East and West coast in terms of commercial activity.

     

     

     

  • There were 915 houses in Mayo sold in the twelve months to November 2020 and 10 percent of these were new dwellings  

    The average residential property price in the county was €149,000, and that’s well below than the national average price of a house, which stands at  €294,000 

    444 residential address points in Mayo were added to the GeoDirectory database in 2020. 

    The residential vacancy rate in Mayo was 12 % in December 2020, again, that figure is significantly higher than the national average of 5%.  

    The statistics are provided in the latest GeoView Residential Buildings Report published by GeoDirectory and EY-DKM today.

    The lowest average property prices nationally were located in rural areas, with the average price of a house in Longford (€123,000), Leitrim (€126,000 ), and Roscommon (€129,000) recording the lowest prices.  

  • The number of commercial units empty across the country is rising.

    A new survey by GeoDirectory has found that there are 28-thousand vacant properties.

    18 counties saw an increase in the number of empty units in the last year, while just four saw a decrease.

    Sligo has the highest vacancy rate at 18 percent.