Daft Property - Irish Property News

Parknasilla sells for over €10 million to overseas investor... LESS THAN seven weeks after being offered for sale, the Parknasilla Resort Spa in Co Kerry has been taken off the market after a satisfactory offer was received by selling agent Savills. An overseas buyer is understood to have offered in excess of the guide price of €10 million for the four-star resort which is being sold on behalf of Bank of Scotland (Ireland). The Sneem hotel was bought six years ago by property developer Bernard McNamara for almost €40 million. He subsequently spent at least €30 million on enlarging and upgrading the resort and building 62 self-catering lodges and villas in the grounds. Tom Barrett of Savills said the sale had attracted over 100 inquiries, most of them overseas hotel groups and investors. Savills is also close to wrapping up the sale of the Cork International Airport Hotel, also owned by McNamara. An overseas buyer is to pay over €5 million for the facility which was devel...

Bargain time again... This time it's in Smithfield, Dublin City Centre, where Chief O'Neill's is up for sale at €18 million - that's a whopping €3m price reduction from the previous price tag of €21 million in 2007! The modern 77-room hotel is well situated overlooking Smithfield Square, (or Plaza as it's now know,) in the heart of Dublin City. The Jameson Distillery tower is included in the sale. It was originally used to distill Ireland’s famous Jameson Whiskey (from 1895), the chimney, with its 360°panoramic views is now a popular tourist attraction. It has some spectacular views over Dublin city, port and surrounding Dublin & Wicklow Mountains. A nice buy!