€2.4m home sale in Cork ‘a sign of recovery’

A Cork suburban house sold for €2.4m — more than €500,000 over its asking price — is being hailed as evidence of recovery and emerging confidence in the upper end of the house market outside of Dublin.

Very recently sold after a bidding spree by two locally based bidders, and after almost a year on the suburban Cork house market, is Curraghbeg, a 1920s home at Woodview, off the main Douglas Road.

It has not been lived in for several years, and the key to its strong sale result is its site of a rare and private 1.5 acres, seen as making this a bit of a trophy buy as the house itself needs lots more additional spending.