A wealth of properties went under the hammer in auctions across the country, with many selling well above their asking price. Here’s a roundup of what’s happening nationwide.
This auction in Co Louth by Robert B Daly & Son caused quite a stir when the 65.5ac tillage holding sold for over €1.1m or approximately €16,800/ac. The property at Coolfore, Monasterboice – previously a beef holding – was offered in lots and then the entire. The entire was withdrawn at €950,000, but sold after negotiations with the top bidder.
A 34ac holding near Kilmaganny, Co Kilkenny sold recently at auction for approximately €23,500/ac. The land at Newchurch is in one block, with road frontage and a water supply, and was sold by Joe Coogan Auctioneer.
Bidding commenced at €600,000 and four parties then competed. The land went on the market at €750,000 and sold for €800,000.
The 34ac at Newchurch.
There was plenty of active bidding in Co Limerick, when a 21ac field near Shanagolden, sold at auction for over €18,100/ac.
The property at Robertstown was sold by GVM.
Five bidders participated in the auction, both in-room and online.
The bidding opened at €210,000. It went on the market at €310,000
and the gavel fell at €382,000.
The winner was bidding online and understood to be acting for a local farmer.
Meanwhile over in Co Roscommon, Quinn Property sold an impressive 35.6ac block of forestry before auction.
The property was guided in the region of €220,000, equal to approximately €6,200/ac, and sold in excess of this price. DNG Connaughton Auctioneers sold one lot of a 30.9ac farm located at Castleteheen, Castlerea, Co Roscommon. The firm sold Lot 1, which was c9.65ac, for €125,000.
A wealth of properties went under the hammer in auctions across the country, with many selling well above their asking price. Here’s a roundup of what’s happening nationwide.
This auction in Co Louth by Robert B Daly & Son caused quite a stir when the 65.5ac tillage holding sold for over €1.1m or approximately €16,800/ac. The property at Coolfore, Monasterboice – previously a beef holding – was offered in lots and then the entire. The entire was withdrawn at €950,000, but sold after negotiations with the top bidder.
A 34ac holding near Kilmaganny, Co Kilkenny sold recently at auction for approximately €23,500/ac. The land at Newchurch is in one block, with road frontage and a water supply, and was sold by Joe Coogan Auctioneer.
Bidding commenced at €600,000 and four parties then competed. The land went on the market at €750,000 and sold for €800,000.
The 34ac at Newchurch.
There was plenty of active bidding in Co Limerick, when a 21ac field near Shanagolden, sold at auction for over €18,100/ac.
The property at Robertstown was sold by GVM.
Five bidders participated in the auction, both in-room and online.
The bidding opened at €210,000. It went on the market at €310,000
and the gavel fell at €382,000.
The winner was bidding online and understood to be acting for a local farmer.
Meanwhile over in Co Roscommon, Quinn Property sold an impressive 35.6ac block of forestry before auction.
The property was guided in the region of €220,000, equal to approximately €6,200/ac, and sold in excess of this price. DNG Connaughton Auctioneers sold one lot of a 30.9ac farm located at Castleteheen, Castlerea, Co Roscommon. The firm sold Lot 1, which was c9.65ac, for €125,000.
SHARING OPTIONS