Tuesday, 6th October 2015
Social media Waterford Today on Twitter Waterford Today on Facebook

Wednesday, 14th January 2015

Price €179,000

William Quinlan Auctioneers are delighted to offer this wonderful countryside home to the market. The property has been extended to approximately 150 sq mtrs, and comes with beautiful country cream fitted kitchen, large living room with vaulted ceiling and Iron Dog energy efficient multi fuel stove.

The property also offers a beautiful sun lounge and three bedrooms with the main en-suite, and a continental style family bathroom complete with double width shower, corner bath, LLWC, sink with storage and bidet.

The attic has been converted and would suit a variety of uses. The garden to the rear is laid to lawn with steel-tech shed with concrete base, while the front garden has double gates to a driveway with stone chippings and a flower garden area.

Located 4 miles from Waterford city (main retail centre), 1.5 miles from Kilmacow village with schools, post

Read More »

Wednesday, 7th January 2015

John Smiles

Qualified Financial Advisor

What are better - Active or Passive fund managers?

Active managers choose the stocks or bonds they think have the best chance of beating market returns. Passive managers merely try to match a market index and can therefore charge lower fees. The debate about which is best to manage our savings has raged for decades.

2014 has been disappointing for active fund managers with less than 10% of them failing to beat their assigned benchmarks. This has resulted in large outflows from actively managed funds, particularly in the US market, where overall, in the past 12 months, redemptions have exceeded new sales by $92 billion. Meanwhile, the money from institutional and retail investors has instead flowed strongly to their rivals, passive funds, which have taken in net new funds of $156 billion.

Fidelity Investments, once the world’s largest fund manager,

Read More »

Wednesday, 7th January 2015

- Daft House Price Report Q4 2014

The average asking price for a house in Ireland fell by 1% in the final three months of 2014, according to the 2014 Year in Review House Price Report released this week by Ireland’s biggest property website, Daft.ie. This is the first time since mid-2013 that the average house price fell in a three month period.

Despite this recent fall, the average asking price nationwide is now €193,000, 12.8% higher than the value of €171,000 a year ago. This compares to €378,000 at the peak in 2007.

Asking prices in Waterford city fell by 4% in the final quarter of 2014, but remain 2% higher than a year previously, compared to a fall of 7% seen a year ago. Prices in Dublin fell back by 0.7%, the first drop since mid-2012.

This pattern was replicated in other

Read More »

Wednesday, 7th January 2015

Well known restaurant formerly trading as Fitzpatricks on the Cork Road in Waterford city has been sold by appointed agent Sherry FitzGerald John Rohan.

John Rohan commented "This property presented a superb option to a purchaser on numerous levels. It offers restaurant accommodation on the ground floor, residential accommodation on the first floor, a stunning property aesthetically and of course a fantastic location.

"The inclusion of numerous parking spaces was an added bonus. Given the positive turnaround in the commercial property market, it was no surprise we experienced such interest in this property and not just from the local market."

Strategically located on the Cork adjacent the junction to the Tramore Road, the property accommodates approximately 185 sq m (2,000 sq ft) over two floors. Comprises ground floor reception and waiting

Read More »

Wednesday, 7th January 2015

Fine Gael Waterford Minister Paudie Coffey has welcomed the deal that has been reached by his colleague the Minister for Agriculture, Food and The Marine Simon Coveney TD that allows Irish Beef producers access to the US Market. This deal means that Ireland will become the 1st EU country allowed to sell beef into the US for the first time in 15 years, this will allow Ireland first mover advantage in the US Market ahead of all other 27 EU member states.

"This deal puts Irish Beef Farmers at a distinct advantage to all other beef farmers across the EU, as it opens a market of almost 300 million people in one of the wealthiest economies in the World. This underpins Irish Beef as a quality product that stands above anything else on offer in the European Union.

"Irish Beef Farmers and

Read More »

Wednesday, 7th January 2015

ICSA president Patrick Kent has given a guarded welcome to the news that Ireland has secured beef access to the US market. "This could be a very important development for hard-pressed beef farmers, provided that the meat industry and Bord Bia market Irish beef as a premium product with a view to improving returns to farmers," he said.

"However, farmers will remain sceptical given the ruthless downward manipulation of prices by the meat industry over the past twelve months. They are still waiting to see concrete benefits from previous announcements of new markets."

"Ireland should be ambitious in its plans to attract a significant share of the US market, given our reputation for producing premium beef through predominantly grass-fed systems, and we also have the added advantage of a receptive market in the 40 million Americans who claim Irish heritage."

"This new market

Read More »

Tuesday, 23rd December 2014

John Smiles

Qualified Financial Advisor

How do I get

'Mortgage Ready'€

Banks have begun lending again but are now much stricter in applying lending criteria. Potential borrowers should be aware of the more obvious pitfalls when applying for a home loan.

You must first have saved the deposit of between 8% and 10% of the purchase price. You must also have saved the cost of legal fees which are likely to be between €1,500 and €2,000 plus Stamp Duty that will be 1% of the purchase price.

The Central Bank intends imposing a higher deposit limit of 20% from January 2015. Pressure is building on the Central Bank from Government, the lending industry and economic commentators to have them row back on this proposal on fears that first time buyers might be frozen out of the mortgage market as property prices increase.

If you are considering a

Read More »

Tuesday, 23rd December 2014

PhoneWatch, Ireland's leading monitored alarm company are urging people to protect their home during the Christmas period. Elderly people, families and those living alone are all reminded to be extra vigilant over Christmas.

Protecting your home from burglary is crucial all year around and following a recent spate of burglaries throughout the country, homeowners need to take extra precautions to secure their homes. At Christmas, burglars know that homes are likely to be filled with new and desirable gifts and valuables, so it makes sense to be extra vigilant.

Eoin Dunne, Managing Director PhoneWatch said "This is peak season for burglaries with the cover of darkness providing added protection for burglars. The darker evenings also make it easier for intruders to identify unoccupied homes. The Christmas period provides an added incentive for targeted home intrusions. We're reminding homeowners of some simple precautions

Read More »

Tuesday, 23rd December 2014

The 4* Fitzwilton Hotel, Bridge Street, Waterford has been bought by Strategic Capital Investment, run by Davy in Ireland for Austria-based investor Thomas Roeggia for more than €3 Million securing the 4 star hotel's 55 jobs.

Dalata Hotel Group PLC will manage the property on behalf of the new owner. Dalata Hotel Group is the largest Hotel operator in Ireland, currently operating 38 hotels with almost 6,000 bedrooms.

It's the latest in a series of hotel sales in Ireland in 2014 and points to a very buoyant market for well appointed, well located and profitable hotel assets. The Fitzwilton is a stylish 90 bedroom hotel on 4 floors located in Waterford City with the popular Chez K's Restaurant and Met Bar on the ground floor.

Wayne Neilon, Hotel General Manager, was delighted with the announcement of the new ownership structure, "the purchase of

Read More »

Wednesday, 10th December 2014

John Smiles

Qualified Financial Advisor

Why do I need financial advice?

With so many financial products available it can be difficult to compare all the options and make the right decision for you. If you are confused by what is on offer, it's best to get independent financial advice.

You might consider getting financial advice especially if you are making long-term financial decisions, like:

- Planning for your retirement and looking at pension options

- Dealing with the financial effects of big changes in your life, such as separation or divorce

- Buying someone out of a joint mortgage or selling your portion of a house to the person you bought it with

- Investing for the first time

- Getting a mortgage

- Protecting you and your family against loss of income if you become ill or die

Read More »


Letters to the Editor

  • Our View

    'Cynicism and Nihilism'Speaking in New York just as he was attending a UN conference, the Irish President Michael D.Higgins has said that the people of Ireland should participate in the full democratic process when the next general election takes place and should not be swayed by 'cynicism and nihilism'.It is a timely reminder that, first of all, the general election is just around the corner and that no matter what your personal feelings about how the political process works here in Ireland that i …

    read more »

Weekly Poll