06 Oct 2022

Longford land prices hold steady

Longford land prices hold steady

Longford was one of a number of counties where the price of land did not dramatically fluctuate throughout 2016, according to the Farmers Journal Land Price Report 2016. 

The average price paid for land in the county went from €7,306/acre in 2015 to €7,097/acre last year, representing a 3 pc decrease.  

Supply on the other hand, did show a marked increase with an additional 465 acres offered for sale.  A total of 42 farms incorporating 1,735 acres went to the market last year - up from 1,270 acres the previous year.

One of the stand out features of the Longford market was the number of larger blocks of land that were offered for sale last year.

A total of eight farms comprising 70 acres or more arrived on the market - something that is extremely rare for this county. 

Some of these included an 88.8 acre residential holding at Bunalough, Moydow which sold at auction for €775,000 or €8,700/acre and a 153 acre block with extensive cattle accommodation situated at Ballymaurice, Granard was knocked down at €1.152m or €7,500/acre.   

To continue reading this article,
please subscribe and support local journalism!

Subscribing will allow you access to all of our premium content and archived articles.


To continue reading this article for FREE,
please kindly register and/or log in.

Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.