Withdrawn a year ago, prime Kerry farm finally sells for respectable €1m

SELLING what’s described as one of the best farms in Kerry took longer than expected, but auctioneer Tom Spillane has finally got an 80-acre farm, at Ballyfinnane, Castlemaine, over the line.

The property went to auction a year ago, with a reserve of €1.24m and failed to sell. This time round, the private treaty sale has netted a cool €1m, not bad in the current climate, and the equivalent of €13,000 per acre.

The non-residential holding was originally sold just as bank funding tightened, and the sale agreed at that time fell through.