Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Price of poor agricultural land in west Mayo??

  • 27-09-2010 12:44pm
    #1
    Feargal as Luimneach
    Closed Accounts Posts: 1,139 ✭✭✭


    What would be the price of poor agricultural land (not bog or marsh) in coastal West Mayo ie Belmullet peninsula??:confused:


Comments

  • #2
    reilig
    Closed Accounts Posts: 7,401 ✭✭✭reilig


    Feargal as Luimneach wrote: »
    What would be the price of poor agricultural land (not bog or marsh) in coastal West Mayo ie Belmullet peninsula??:confused:

    Not to be smart with you, but it will depend on how many people are interested in buying it and how much money they are prepared to spend.

    Did you see last week's journal with details of the land in galway that made €12k per acre??? I know this land and walked it a few weeks before it was sold. It was bid for by 2 farmers that had got a good bit of money from the M6 Motorway construction. It was serious money for what could only be described as poor enough land. The only good site on it was sold off a few years ago. It was reseeded this time last year and the rushes are coming up strong again. So its impossible to determin the price of land. It will be determined by the bidders.


  • #3
    Feargal as Luimneach
    Closed Accounts Posts: 1,139 ✭✭✭Feargal as Luimneach


    reilig wrote: »
    Not to be smart with you, but it will depend on how many people are interested in buying it and how much money they are prepared to spend.

    Did you see last week's journal with details of the land in galway that made €12k per acre??? I know this land and walked it a few weeks before it was sold. It was bid for by 2 farmers that had got a good bit of money from the M6 Motorway construction. It was serious money for what could only be described as poor enough land. The only good site on it was sold off a few years ago. It was reseeded this time last year and the rushes are coming up strong again. So its impossible to determin the price of land. It will be determined by the bidders.
    What would be the average price of poor agricultural land in coastal west Mayo?


  • #4
    Tipp Man
    Closed Accounts Posts: 4,025 ✭✭✭Tipp Man


    We went to 9,000 an acre for a fairly large parcel of land. It was the very best of land though with excellent facilities including sheds

    Hard to know what average land is worth, and as mentioned above it really does depend on the demand of local farmers.

    Maybe 5-6k an acre?


  • #5
    johngalway
    Closed Accounts Posts: 10,271 ✭✭✭✭johngalway


    You may get a better idea if you ring a few estate agents in the area?

    I'd go with Reiligs answer really. There's a piece of quite poor badly looked after land right next door to me, I could make something of it but the owner isn't arsed. Three years ago he was looking for a million for it, couldn't stop laughing down the phone to the agent (I had been figuring around the 30-35k mark. My guess would be along the lines of 5-6k as well, but it's just a guess.


  • #6
    Birdnuts
    Registered Users, Registered Users 2 Posts: 9,808 ✭✭✭Birdnuts


    Feargal as Luimneach wrote: »
    What would be the price of poor agricultural land (not bog or marsh) in coastal West Mayo ie Belmullet peninsula??:confused:

    I'm thinking about bailing out myself Feargal and livin the Goodlife in the West;) - ironically the Father in law has land in Erris so I've a head start on ya:D;)


  • Advertisement
Advertisement