Properties come at bargain prices and with water views
The biggest drop and most dramatic is from €1.2m to €800,000 for the Georgian Cliff Cottage on French’s Walk in Cobh.
It faces directly out on Cork harbour, and is on 1.8 acres of land with 180 metres of shore frontage. Galway-based agents Spencers had reckoned it could even have made €1.5m when launching it for sale a year ago. Its new, ‘priced to sell’ €800k ask is down nearly 50% from their optimistic valuation, or down one-third from its formal quoted AMV.
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