Irish Island Price Drops

irishThe Irish Times is reporting that the price of islands in their small but beautiful corner of the world is coming down. The times is reporting that some islands are available for less than €200,000, making private island ownership highly accessible to the average European. Here is what the Irish Times had to say. 

 The island of Ireland is surrounded by hundreds of islands - from large inhabited islands to tiny uninhabitable ones. Private Irish islands don’t come up for sale too often but this year there’s a handful on the market, with asking prices much reduced since their peak.

Dominic Daly, a Cork estate agent, has been selling islands for over 40 years and currently has islands on his books in west Cork, the Shannon Estuary and in Donegal.

Daly says that some islands are owned by tradition, by farmers, others have been bought as a luxury item.

“The trend is for international businessmen to buy them. They have the funds,” he says. Enquiries are mainly from overseas - he even had an African chief looking at an island a few years ago.”

To read the full article visit the Irish Times

Leave a Response