Crosshaven land set at bullish €20,000 an acre

Following two very successful sales in his south Cork area, auctioneer Roy Dennehy now has a chunk of land that’s right at the edge of Cork harbour, he says.

And it ain’t cheap — the 50 acres of top class land on offer at Kilcolta, Crosshaven, Co Cork, are pitched at around the €1m mark — a cool, €20,000 per acre.

And according to Roy Dennehy, the demand for land in this renowned tillage zone is high — hence his bullish price guide. In fact, he says the banks are looking for farmers to lend money to, but most don’t want it — because they’re paying in cash!