Starter homes: Owenahincha, West Cork €90,000 for three

Sq ft 2,500, 1,930

What value — three beachside apartments for sale as one lot, for an all-in price of €90,000! Reported celebrity sightings at this Castlefreke/Owenahincha location in West Cork include actress Sienna Miller (visiting the old castle restoration) plus top Canadian/Ukranian model Daria Werbowy, a sailor and surfer, who has bought a beachside retreat with ocean views at Owenahincha. It’s a world away from three apartments for sub-€100k.

Auctioneer Ray O’Neill of Sherry FitzGerald O’Neill is offering the trio for an investor-owner at the tempting price, noting that two are one-beds of over 500 sq ft, and one’s a two-bed of 930 sq ft. All three are on the ground floor level of a former hotel block, converted to a number of apartments which always sold for relatively small money in terms of the overall West Cork market. They’re priced akin to the cost of mobile homes, so perhaps families who traditionally stayed in one of the two mobile home parks here (one has been closed for five years) might be tempted to go for a bricks and mortar alternative.

For sale are the units 2A and 3A, with open plan kitchen/living/dining plus bedroom and bathroom, while the larger two-bed 6A has a separate living space.

VERDICT: Converted and adapted over a decade ago, they need freshening up. If interest comes from private, individual buyers, they may be sold separately, but other than that they offer the chance of a decent return from holiday lets.