Land being leased locally for €500/ac

Four farm leases have been successfully negotiated in counties Louth and Monaghan by Fee & Associates. €530/ac was secured for a c90ac farm in Rassan, Hackballscross, Dundalk; while a c33ac farm in Kilcurry, Dundalk, attracted a price tag of €520 per acre.

wo additional land lease deals were finalised in nearby Co Monaghan including an outstanding c62ac farm in Newbliss and an 11ac holding at Derryvaley, Ballybay, both of which achieved €500/ac. The company says that the performance of land leasing in this region has been “buoyant”.

Recently, the same auctioneers completed a notable sale of a c125ac farm in Castleblayney, which sold for nearly €2M.

“In the north east, prices continue to be strong, with demand on the rise throughout the market,” staff say.

For expert advice on agriculture land sales and leasing, property valuations and residential real estate transactions, drop into the offices of Fee & Associates Auctioneers, 18 Market Street, Cootehill, Co Cavan or 16 Roden Place, Dundalk, Co Louth. Call 049-5556547 or 042-9329911 or log onto www.feeauctioneers.ie