Donegal has third highest commercial vacancy rate in the country

The commercial vacancy rate is Donegal has increased.

According to Geo Directory’s Commercial Vacancy Rates Report, the county has the third highest commercial vacancy rate in the country at 17.5%.

The commercial vacancy rate in Donegal was higher than the national average of 14% at 17.5%, up 0.6%.

Over the past ten years, Donegal has seen the highest increase in commercial vacancy rates from 12% in 2013.

Of the towns in Donegal surveyed, Ballybofey had the highest commercial rate at 29.2%, while Bundoran had the lowest rate at 12.2%.

Elsewhere in the county, Letterkenny recorded a commercial vacancy rate of 24%, 19.3% of commercial properties were vacant in Donegal and 12.4% in Buncrana.

The services industry accounted for over half of commercial vacancies in Donegal.

You can read the full report here

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