Waterford Castle hotel sells for more than €6m

A Waterford-born businessman who has lived in Australia for the last 30 years has emerged as the successful buyer of Waterford Castle, paying over €6m for the luxury hotel, set on an island on the River Suir just below the city.

The hotel castle’s buyer is a 50-year old business investor Seamus Walsh, who saw off interest from home and away to secure the historic four-star castle hotel, golf course, and 43 luxury lodges — which at one time had individual price tags of €850,000 — all on over 300 acres.

Waterford Castle was sold by Marcus Magnier of Colliers International, who would only confirm a sale to a local family interest with Australian business connections. It had a €4.5m price guide when offered to the market in November