God’s bankers’ approval due for Ennismore Dominican Retreat Centre sale in Cork

Ennismore Dominican Retreat Centre, Montenotte, Cork City

THE deal to dispose of Cork’s iconic Dominican retreat centre in Ennismore is all but done – pending white smoke from Rome.

Vatican approval is still outstanding, nearly three months after the sale of Ennismore House and Grounds was agreed with a private investor. Properties and lands with a value of more than approximately €3m which any church body wishes to dispose of have to have the green light from Rome. As Ennismore House and Grounds were valued at more than €3m - the guide price was €3.25m - approval was necessary. In 2021, the Vatican revealed that it owns more than 5,000 properties worldwide, of which more than 4,000 are in Italy.