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bog prices.

  • 24-01-2012 10:34pm
    #1
    topgeas
    Registered Users, Registered Users 2 Posts: 116 ✭✭


    12 acres bounding me up for sale. ive been leasin it for 10 years. all under grass (sum rushes too) .dry for 6 -7 months on a good year. how much do forestry pay as they boundin as well.


Comments

  • #2
    greenfingers89
    Closed Accounts Posts: 262 ✭✭greenfingers89


    topgeas wrote: »
    12 acres bounding me up for sale. ive been leasin it for 10 years. all under grass (sum rushes too) .dry for 6 -7 months on a good year. how much do forestry pay as they boundin as well.

    if it is as you describe predominantly grass/rush then it may have a slight chance of selling for afforestation....the major problem is the size, most investors wont look at anything less than 20 acres...other problem could be flooding-forest service can be extremely fussy about granting approval of land with even a hint of flooding

    if its all in one block, has good access to a public road, and is capable of producing a high Yield Class crop of trees then you might be able to get somewhere in the region of €2700-3000/acre.....thats IF the hurdles i mentioned above are cleared


  • #3
    topgeas
    Registered Users, Registered Users 2 Posts: 116 ✭✭topgeas


    tks for that.hes lookin for 50,000. over 4 an acre. ive first refusel.


  • #4
    reilig
    Closed Accounts Posts: 7,401 ✭✭✭reilig


    topgeas wrote: »
    tks for that.hes lookin for 50,000. over 4 an acre. ive first refusel.

    That's quite a lot. I'd have thought that €2500 an acre would be more like the price. It all really depends if anyone else is interested and how much money they have to spend.

    Set yourself a limit that you can realistically afford to repay. Don't go above it. There's descent land available for €4000 an acre - albeit not bounding you.


  • #5
    Juniorhurler
    Closed Accounts Posts: 1,363 ✭✭✭Juniorhurler


    reilig wrote: »
    That's quite a lot. I'd have thought that €2500 an acre would be more like the price. It all really depends if anyone else is interested and how much money they have to spend.

    Set yourself a limit that you can realistically afford to repay. Don't go above it. There's descent land available for €4000 an acre - albeit not bounding you.

    I wish there was down here Reilig. Anywhere from €9k-€12k and acre around here usually atm.


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