Land prices take a leap in West Cork
Published 24/06/2015 | 02:30
The strengthening of land prices throughout the country over the past year is underlined by the flurry of bids which have been lodged recently on a 14ac block of sloping farmland at Leap in West Cork.
Clonakilty based auctioneer, Henry O'Leary put the holding (pictured above)on the market last month and local interest has quickly pushed the asking price up to the €12,000/ac mark.
These bids stand as near as makes little difference to the best land prices achieved in the region recently.
The land is near the tourist and fishing villages of Glandore and Union Hall. "If it was nearer to the sea around these villages you would be talking some money," said Mr O'Leary.
"But nevertheless there are some serious offers on this block so far and the bids are not far off a record price for land in this region," he told the Farming Independent.
"Land prices here and elsewhere throughout the country have been strong for over a year now and this trend is likely to continue," he added.
The land at Leap is south-west facing and easily-worked, said Mr O'Leary, adding that its sloping nature gives the block a "warm and sheltered" aspect.