Trump values Doonbeg Golf Resort at €23m

Billionaire, Donald Trump’s bargain basement purchase of Doonbeg golf resort, in Co Clare, is already paying off rich dividends with the businessman placing a price tag of $25m (€23m) on the resort.

The valuation is contained in 92 pages of financial disclosures that Mr Trump has filed with the Federal Election Commission in the US, as part of his campaign to become the Republican candidate to stand for US President.

The receivers of Doonbeg golf resort last year received €8.7m arising from Mr Trump’s purchase of the resort.