The €13 million sale agreed of East Cork’s Castlemartyr Resort to UK buyer Martin Shaw could prove fortuitous: business sources say interest is picking up for a major new biotech employer for a sizeable portion of the Amgen pharma site in Carrigtwohill east of Cork city, which was moth-balled after a major infrastructural investment and land-buying spree almost a decade ago.

Cork, Kerry and Limerick hotels are among a portfolio of seven profitably trading Irish hotels being sold as a bundle, or individually, by Nama in the so-called Crystal Portfolio, valued all-in at €35m and totalling over 830 beds.

A modern Galway suburban hotel has come for sale with a €2m-plus price tag, well under its development cost.

A Dublin City centre hotel, which previously traded as a Holiday Inn, is for sale for €9m.

GALWAY’S five-star Glenlo Abbey hotel and golf course, on 140 acres at Bushy Park — complete with old Orient Express train carriages — is up for sale for joint receivers Aengus Burns and Michael McAteer of Grant Thornton, with offers sought close to €4m.

The business that started the hotel empire of the Lynch Group, Co Clare’s West County Hotel, Ennis is being sold by a receiver, for around €2.5m as a going concern.

BLARNEY Golf Resort and Spa, the 164-acre integrated tourism development near Tower in Co Cork, is up for sale for €20 million.