With a considerable €150,000 price cut, Ballyfouloo may be right for you

A SWIFT, sudden and serious price drop will see viewers’ noses twitching around this Monkstown, Cork harbour home.

Put up for sale only last October, it has had €150,000 knocked off the asking price already, down from €675,000 to €525,000 to push through a sale. And, that’s for a c 3,700 sq ft home, with five to six bedrooms, on a harbour-view site near Monkstown Golf Club, a few miles over the hill from Rochestown Monastery.

Auctioneer Garry O’Donnell of ERA Downey McCarthy says this is a huge reduction for a quality detached house, which last changed hands in 2004. Back then, it had a €750k guide, and sold for between this and €700k to the current owners.