A local farmer paid €233,000 for a 23.6ac block of land outside Ballinasloe, Co Galway. The plot at Ganaveen, Laurencetown, was sold in one lot.
Portumna-based auctioneer Enda Burke said the bidding was brisk from when the auction opened at €160,000 to when the hammer finally fell at a price that equated to almost €9,870/ac.
The land is in one block and laid out in three divisions. Mr Burke said it was top quality arable ground, although it is currently in pasture, and has extensive road frontage.
"It was an excellent parcel of land which was well fenced and presented," Mr Burke said.