Farm Ireland

Wednesday 22 February 2017

Local interest buoys sale of Longford 19ac

Published 14/09/2010 | 05:00

LOCAL interest dominated the competition for a 19ac property at Cartronamarkey, Granard, Co Longford. The property went for sale at the Longford Arms recently.

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Selling agent James Murtagh described the property as comprising 10ac of good land, with the remainder being fair quality.

The holding was guided at €150,000. Three bidders entered proceedings when it opened with a strong bid of €100,000. The auction continued apace and a final bid of €165,000 from a local farmer clinched the deal.

James Murtagh was happy with the price, which equates to around €8,700/ac. "It exceeded our guide price and I think that the price per acre of more than €8,600 wasn't a bad one for the piece of land on offer."

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