The property was offered for sale by Navan-based auctioneers Raymond Potterton & Co on Thursday 4 November through the online platform offr.io. Bidders were required to register and pay a bidding deposit of €10,000 prior to auction.
Stephen Barry of Raymond Potterton & Co, who offered the property of 26 acres with a derelict residence near Mountnugent, Co Cavan, said that there was intense interest in the property with over 80 individual enquiries.
The c26 acres at Ross, Mountnugent, Co Cavan.
Of the registered bidders, five got immediately involved, with bidding progressing in €10,000 bids opening at €200,000.
The property was placed on the market at €250,000 and bidding ensued at a pace over the next half hour until the timer reached 00.00, 41 minutes after commencement, and the property was sold.
The c26 acres at Ross, Mountnugent, Co Cavan.
Barry was enthusiastic in his praise for the property and the price.
“The property is absolutely unique, both in its location and the views it possess over Lough Sheelan. The price achieved at just €20,000 per acre is a superb price, but reflects the special nature of the property.
"We are delighted for our vendor and we wish the purchaser and all who participated in the auction the very best.”
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Land and modern house for sale in Co Meath
The property was offered for sale by Navan-based auctioneers Raymond Potterton & Co on Thursday 4 November through the online platform offr.io. Bidders were required to register and pay a bidding deposit of €10,000 prior to auction.
Stephen Barry of Raymond Potterton & Co, who offered the property of 26 acres with a derelict residence near Mountnugent, Co Cavan, said that there was intense interest in the property with over 80 individual enquiries.
The c26 acres at Ross, Mountnugent, Co Cavan.
Of the registered bidders, five got immediately involved, with bidding progressing in €10,000 bids opening at €200,000.
The property was placed on the market at €250,000 and bidding ensued at a pace over the next half hour until the timer reached 00.00, 41 minutes after commencement, and the property was sold.
The c26 acres at Ross, Mountnugent, Co Cavan.
Barry was enthusiastic in his praise for the property and the price.
“The property is absolutely unique, both in its location and the views it possess over Lough Sheelan. The price achieved at just €20,000 per acre is a superb price, but reflects the special nature of the property.
"We are delighted for our vendor and we wish the purchaser and all who participated in the auction the very best.”
Read more
Two west Cork gems on offer
Land and modern house for sale in Co Meath
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