Land sales bonanza in Galway as confidence bounces back
Tuam auctioneer Martin Tyrell has had a good spring in the salesroom selling over €1.5m worth of farmland in the Galway region.
Farm sales concluded so far this year include a 96ac farm near Lackagh, Turloughmore that sold for a price in the region of €740,000 or over €7,700/ac.
The farm is all in grass and located in an active and progressive farming area.
Not far away at Cloonbar in Kilconly, Mr Tyrell handled the sale of a 44ac farm of mixed quality lands with an old residence that sold for €170,000 or more than €3,800/ac.
A 38ac farm at Ballyroe, Kilconly, also with an old residence, made €260,000 or over €6,800/ac when it was bought by a local landowner.
Moving east, 40ac of forestry lands at Gortnalun, Attymon made €160,000 or €4,000/ac.
One of the better prices achieved was netted for an 8ac parcel near Corrandulla that sold for €81,000 or over €10,000/ac.
In all, the indefatigable Mr Tyrell has disposed of over €1.5m worth of ground in the last few months.