Well located, much interest but few real bidders

A SURE indication of a waning property market was the rather disappointing result for a well-located piece of farm land put up for auction last week.

A south Cork farm, close to Kinsale, in the highly desirable location of Sandycove, generated much interest, but few real bidders.

However, it did sell, for just over the guide price of €1.5, but it would have sold for twice that 12 months ago, said selling agent John Twomey of Twomey Crowley, Bandon.