Land sales surge after summer lull
Land sales have picked up after the summer lull with two substantial properties in the midlands recently changing hands in multi-million sales that drew strong interest.
A 383ac estate with a Victorian house and farmyard was purchased at auction last week for €3.5m.
Claremont farm near Milltownpass, Co Westmeath was purchased by Tony and Anne O'Callaghan of the nearby well-known Tally-Ho Stud.
"We have been watching this for years and we had no intention of letting it go," said Mr O'Callaghan, who says the couple intend to use the property as a stud yard.
"It is less than two miles from us, we couldn't let it past," he said.
The property was formerly owned by the well-known horseman Cecil Ronaldson.
Auctioneer Paul Murtagh reported strong demand for the extensive holding from prominent equestrian interests on both sides of the border.
Tillage and forestry