Runaway developer’s €6m home for sale at €3.5m

The former Kinsale home of runaway property developer Greg Coughlan, of Howard Holdings, is being sold by his wife Anne with a €3.5m-plus price tag.

The modern mini-mansion Fastnet House, with swimming pool overlooking Kinsale harbour at Arbrack, cost about e6m to build, but was vacated by the Coughlans after commercial court orders totalling more than e60m were served against three Howard Holdings directors in 2010.

Greg Coughlan failed to comply with a court order to disclose his assets and fled the country.