CBD

Donegal Island For Sale

The $225,000 island for sale in Donegal.

By Adam Farley, Deputy Editor
October / November 2014

For €175,000, a little over $225,000 at the current exchange rate, a 96-acre island in Donegal could be yours. To put that price in perspective, that’s $30 per square foot – 1,230 percent less than Dublin’s reasonably affordable $369 per square foot, and nearly 5,000 percent less than the median price for an apartment (apartment!) in Manhattan ($1,482 per square foot).

That price comes after an 84 percent price cut by the German listing company Vladi.de, which originally listed the island at €1 million. But after being on the market since 2011 at a price the owner told The Donegal Daily said even he thought was “a little steep,” the island is within the grasp of affordability.

Inishdooey Island, located three miles off the Irish coast in the Donegal Archipelago, came into the possession of Falcarragh man Mark McClafferty when he inherited it from his late grandfather, reports The Irish Times. But respecting full disclosure, Seamus McClafferty, a local contractor, estimates that erecting even a modest structure on the barren isle could cost at least €200,000. Even combined with the price of the island though, that’s less than half the going rate for a house in the Pale.

Leave a Reply




Share



More Articles

The Homecoming:
My Joyous First Return to Ireland Since Covid Began

Niall O’Dowd was on the first full Aer Lingus flight from New York to Dublin this week as entry requirements in...

More

Ireland’s Tourism
Prospects Are Improving

By Deaglán de Bréadún Tourism is an important element of the Irish economy and it has suffered greatly because of...

More

Following in Frederick Douglass’s Footsteps:
A Walking Tour of Dublin

Irish America Staff In August 1845, an American “fugitive slave” named Frederick Douglass arrived in...

More

A Multi-Generational
Family Trip Home

Rosemary Rogers shares her experience of traveling to Ireland with her daughter, son-in-law, grandchildren, and sister...

More