For a variety of reasons, any large tracts of land that come up on or near the Ring of Kerry get plenty of attention from both the media and those in the farming community.
A 110-acre holding close to the village of Sneem has just come on the market with Kenmare-based auctioneers DNG Timothy O’Sullivan Auctioneers. The property is located in the townland of Maulagallane, just 1km from the famous tourist-magnet village, in one of the more fertile stretches of the famous tourist route, where visitors have been marvelling at the scenery for over 150 years.
According to the selling agent, Tadhg O’Sullivan, the land is of mixed quality overall, and is laid out in a number of different parcels.
These are divided by the Ardshellhane Road, giving the holding a good deal of road frontage. A derelict traditional farmhouse is available in a separate lot.
The price expectation is at a realistic level, with the agents quoting in the region of €270,000, or €2,500 per acre.
The offer of the separate lot of the derelict traditional farmhouse is the joker in the pack in terms of what the property will achieve in the end. Being so close to Sneem village and to such an important tourist route, the house alone may attract enough attention to really boost the overall price of the property.
As for the land, so much of it in one offering makes for a very rare commodity.
The other factor one can’t ignore is that of the former Kerry Co-op shares.
Kerry is a veritable depository of cash in the hands of farmers looking to re-invest in land, as a result of spin-offs from the public listing of the former co-operative. Its effects are being felt in farm sales in the Kingdom more than ever, and it may well make an impact on the final price here.