Agents look abroad for Fota resort buyers

THE 500-acre Fota Island Resort in Cork harbour, which is expected to make between €20 million and €25m, is to get an international sales campaign in January.

The resort, which includes a hotel, golf courses and holiday homes, is expected to sell well. There has been some preliminary interest shown already from India, the US, Israel and Europe.

The business, which was built up by developer John Fleming, who has just exited a bankruptcy period in Britain, is trading well and is profitable, according to the receivers and selling agents.