Guide price for over 15 acres in Co Kerry is ‘equivalent of a good acre site’

A PRICE of €12,000 per acre was reached at auction for a property at Ballymacelligott, Co Kerry, recently — but the land was withdrawn and negotiations continue.

There were four bidders in the fray for the lands at Flemby, says auctioneer Ger Carmody, only one of which was a farmer, but two are involved in land-based businesses and the third was a solicitor acting in trust.

The property, which is just outside Tralee, is for sale by private treaty, but finance appears to be the problem, the agent says.