Golf course once priced at €12m set to fetch €2m

Yet another golf course has come on the market and is expected to fetch only a fraction of what was paid for it during the property boom.

A total of 236 acres of land, including an 18-hole golf course and agricultural land, is for sale in Beaufort, Co Kerry, with a €2m guide price.

The property was sold to Galvin Developments, Killarney, now in receivership, by the Magill family for a reported €12m, in 2006. The golf course accounts for about 53 acres and there are 83 acres of agricultural land for sale.