Driving two good deals

Golfers might wish their playing handicaps would drop as fast, or at least as steadily, as the asking price on the Blarney Golf Resort in Cork.

Developed back in 2004 at a cost of €25 million, then marketed at a loss-making sale price of €20m, on down to €10m and now slashed to €7m, agents CBRE now hope the downward trajectory will put it back on a buyer’s radar, especially given the scope for sell-ons of its 38 two-bed golf lodges.

The Blarney Golf Resort package includes 168 acres of land, a 61-bed hotel, a golf course designed by John Daly, and 38 two-bed rental lodges, which similar to those in Fota and other resorts, have restrictions on being used as permanent homes.