€11.5m land sale expected as Kenmare prices rocket

AS land prices in Kenmare rocket to record levels, the latest parcel of land to come on the market is expected to fetch more than €11.5 million.

A six-acre site by the sea, with planning permission for one house, at Templenoe, reportedly made €1m, recently, with €900,000 and €830,000 being paid for other sites.

Local councillor and auctioneer Michael Connor-Scarteen yesterday said that, with planning permission granted for more than 700 houses in Kenmare, there was an urgent need to fasttrack extensions to water and sewerage services.