Land rent prices

I'll have a go 44 acres 7k that's

10 acres of decent @400 an acre

7 acres of scrubber @200 an acre

17 acres of hill @90 an acre

Imo worth half probably but the market around here says different.

The country is small some of them will travel.

Main drivers of rented land around here are Leitrim men travelling over an hour to graze horned ewes.

I'll give you 100 an acre for the maps and you can do whatever you want with the land for the year if that's any help

Op....price of rent is all over the place depending on location.. silage ground in place A might be 400, in place B 100. I was charging around 140 for the full year for silage ground. Try to work out how much the grass is worth to you. Bid low (take into account the wiring walls and work) and work up towards that amount if needs be.

As a stab in the dark....10 at 130, 7 at 80 and 17 at 50 =2710 or 80 an acre. I'd start there and work up towards whatever you are willing to pay.

Probably start even lower so...

I just want the maps to draw sfp and keep nitrates under control at the prices ye are quoting.

I'd be hoping some of the neighbours would graze it off to prevent questions in case of inspection.

There’s lads around here paying a lot more than that just for maps for nitrates and they don’t get any use of the actual land.

It’s time to be realistic, start as low as that and you’re probably only going to insult the land owner and then no matter what you offer you won’t get the land.

The 10 good acres will make at minimum €2,000 - €2,500 in any part of the country, even the Kerry bog!

The 7 average acres will make around €1,000

The 17 bog acres probably another €1000.

That’s €4,000 - €4,500 over the 34 acres or €120 - €130 an acre.

Unless you have some valuable source that was able to tell you the person setting the land knows absolutely nothing about the value of land I wouldn’t be starting any lower than that for fear of offending them and being told where to go.

TBH I go ask what they are looking for before I would bid anything. If I was taking longterm I would definately buy low value entitlements at twice there value if I could get them. Remember you will get Criss on first 30 HA

Is it a longterm lease or conacre. Lease lows you to draw Environment payments. If you are well away from dairy you are probably looking at sub 100/acre for a mix like that.

You can draw ANC (100/HA) and eco next year( 60-80/HA). Make sure it's an eight year lease if you want to be sure to get 5 years of environmental payments. Eco and ANC is probably worth 65-70/ acre.

Remember on that type of land you need to keep as much of the payment as possible for to have any margin yourself.

Bass, if a farmer is already drawing the max ANC of I think 30ha on existing land they won't be able to draw it on any extra leased land.