Land & Country House Market 2020

AGRICULTURAL LAND MARKET:

The agricultural land market has remained buoyant in the 3rd quarter of the year with a high volume of sales, plenty of bidders and strong price being achieved. We have noticed an increase in non – farmer investment purchasers, particularly since the Covid-19 outbreak where many are taking the view that land, a little like gold is a safe place to park cash for the foreseeable future considering the overall global uncertainty.

We outline below a selection of some recent sales (Public Auction).

Clive Kavanagh - Country & Land Department

• Dunbrin, Athy, Co.Kildare – 76 acres of top quality land, all in the one division, sold in July for €1,510,000 (€20k per acre).
  
  

• Swordlestown, Naas, Co.Kildare – 90 acres of top quality tillage lands with extensive road frontage, sold in July 2020
  for €1,220,000 (€13,555 per acre).
  
  

• Ironhills, Suncroft, Co.Kidlare – 65 acre with derelict residence, moderate quality land with some extracted sand pits,
  sold in July 2020 for €550,000 (€8,460 per acre)

90 Acres at Swordlestown, Naas

Park Hill, Athgarvan, Co. Kildare

Coologmartin House, Donadea, Co. Kildare

COUNTRY HOUSE MARKET:

The last quarter of this year has been one of the busiest in the Country House Market for some time. With changing work practices due to Covid19 and the ability to work from home combined with better value in the commuter belt we have sold almost all our country stock. Viewings have escalated far beyond the same period in 2019 and in most cases, there has been several bidders either with cash or mortgage approval.

We outline below a section of recent sales:

• Coologmartin House, Donadea, Co. Kildare – Period res & yard on 40 acres.

• Park Hill, Athgarvan, Co. Kildare – Detached res on 12 acres overlooking River Liffey.

• Woodside House, Naas, Co. Kildare – Detached res on 22 acres.

• Ballycarnan, Clonad, Portlaoise, Co. Laois - Detached res, cottage on c. 14.5 acres.