Hill farms in the west generally come up for sale as a commons, it is unusual to find a large estate for sale that is entirely privately owned.
c281.8ac Residential farm in the Maam Valley, between Leenane and Maam is one such location and is being sold in plot with a target price of €650,000. Auctioneer Martin O’Connor from Moycullen reports strong interest from around the area and beyond.
Situated between the Twelve Pins and the Maam Turks in an area known as ‘Joyce Country’, the farm encompasses some of the most beautiful countryside in the country and has been run as an active sheep and cattle farm. It was last stocked with sheep and has 96.48 units in entitlements worth 14,000 to 15,000 euros per year.
It was divided into three major sections and farmed alternately between the three smaller sections along the Bealnabrack River which flows through the farm into nearby Lough Corrib.
Two parts of the property are in the valley and on either side of a dirt road and are well fenced off with solid fences.
Most of it is unfenced mounds grazing on the Twelve Pins.
The house, built in the 1930s, has an entrance hall, a living area, a kitchen, three bedrooms and a bathroom. The roof and windows were modernized a few years ago, but according to the auctioneer, the building needs a complete renovation.
There is a series of traditional sheds to the rear of the residence with a modern sheepfold to the front of the apartment. The service includes its own well, mains electricity and a telephone connection.
While Martin O’Connor believes the farm is ideal for landowners in the area looking to expand existing holdings, there is a lot of interest from newcomers to farming looking to purchase smaller plots of land.
While Mr O’Connor says it is the sellers’ preference to sell the farm as a whole, other configurations could be considered.
Tuam auctioneer Martin Tyrell is moving to East Galway and selling a number of smaller holdings in the area. These include a 53ac farm in Cregg, Corrandulla, around 10km from Galway city. All in a department laid out in an arrangement of fields, the farm is close to the river and is run in the region of €7,000/ac.
At Lavally, Tuam Mr. Tyrell is handling the sale of a 40 ac residential farm with good grazing land. The compact stock consists of a three bedroom house and a number of farm buildings and is being sold under a private contract at a guide price of €7,500/ac.
In some recent sales, Mr Tyrell sold a 68ac farm in Moylough, Co. Galway. The property consisting of mixed roadside lots 15 minutes from Tuam has been sold for €480,000. Meanwhile in Kilcahill, Claregalway, a 13ac property fetched €112,000.
In an ongoing transaction, a large 150 ac property in the Brownesgrove, Lavally area of Tuam is being sold in lots and is currently generating a profit of €835,000 or over €5,500/ac.
https://www.independent.ie/business/farming/farm-property/connacht-farm-sales/scenic-maam-valley-holding-on-the-market-for-650k-41912093.html The scenic Maam Valley is kept on the market for €650,000