Final purchase brings Co Cork sale to €1.95m
The main bulk of the 98-acre farm, some 56 acres of tillage land, was sold to neighbouring farmer Denis Barrett immediately after auction on December 16 for €1 million.
The house and eight acres were bought by David Watson, who has now purchased the remaining 27.5 acres of the farm, which brings the total of the sale up to €1.95 million — just under the guide of €2 million — not bad in a recession.
Despite a decrease in per acre prices flagged in the new Knight Frank survey, land in Cork and Kerry has sold well this year, with an average of €10,000 per acre and high levels for exceptional farms.
