IT’S high up in the Mealagh Valley, but this west Cork farm is good tillage ground, says selling agent John Hodnett of Hodnett Forde Auctioneers.
He says the 59-acre farm at Ardrah, Bantry is a highly productive unit, mostly in grass and part in stubble after winter wheat.
A neat package, it will suit an expanding local farmer, he says, and comes with €20,000 of farm payments.
With banks once more prepared to underwrite farm acquisitions (but only in the right area and in the right circumstances), and with milk and grain prices improved, agriculture offers one of the only good news stories in the depressed economy. That effect is trickling into a moribund property market, where land sales, particularly at auction, are showing positive outcomes.
This farm, on offer at €7,000 to €8,000 per acre, includes a derelict main residence and attached stone-built sheds.
© Irish Examiner Ltd. All rights reserved