Cullen offering value after rough property apprenticeship
Having been fired with enthusiasm to develop 24 apartments in a scheme called The Reserve within Killarney’s National Park by their Muckross Park Hotel and Cloisers spa, the market downturn sees their Glencullen Developments company offering the hotel-backed and serviced five-star apartment product at prices from €225,000, for a standard 800 sq ft two-bed. Their Smart apartments, (similarly sized but with all electronic wizardry) are €295,000.
With total sales likely to come in around the €6-7m mark, it is a long cry from expectations when the development behind the couples’s Muckross hotel was first conceived several years ago. Now, they say they’ve a premium Killarney product, at a competitive price.