Council criticised for selling land in Cork worth €3.8m for €440k

A spending watchdog has criticised Cork County Council for selling land in Kinsale to an approved housing body for social housing for a fraction of its real value.

Council criticised for selling land in Cork worth €3.8m for €440k
Tue, 28 Jan, 2020 - 13:03
Seán McCárthaigh

A spending watchdog has criticised Cork County Council for selling land in Kinsale to an approved housing body for social housing for a fraction of its real value.

The site at Ballynaccubby, Kinsale was sold in 2018 for €440,000 at a time when its estimated value was €3.8m.

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