Beaufort farm fetches €15,000 per acre

IT was priced at €18,000 per acre initially, but in a market where you ask more to get less, the agent did very well to reach €15,000 per acre for a farm at Beaufort, Killarney.

Farm sales are hauling themselves out of the mire with more agents quoting above the former benchmark €10,000 per acre figure in sales so far this season.

Despite ‘double dip’ recession forecasts, the Beaufort sale augurs well for one aspect, at least, of the country’s GNP.