Fota Island Resort is a cut above the rest

AFTER a number of low-key and low-profile but significant viewings, the 500-acre Fota Island Resort finally gets its formal market launch this week.

Its price guide is €20m to €25m, a sharp reduction on the c €90m invested to date in the world-class resort complex. It’s currently turning over about €10m pa, and is trading profitably, according to joint selling agents Colliers International and Cohalan Downing who bill it a ‘jewel,’ and ‘a trophy buy.’

They’re endeavouring to separate and highlight the quality of this rare estate and business offering from the sales of other Irish hotels and resorts: key to its future is the quality of the offering, on exceptional and large island grounds, on the edge of Cork city, close to the airport, harbour, tourism draws like Cobh and Midleton, and several business parks and Little Island’s large employment base.