Monday, May 18, 2015

Cork property sells for €2.4m

A house in Cork sold recently for €2.4m, more than €500,000 above its asking price.

Currabeg, a 1920s home at Woodview, off the main Douglas Road, had been on the market almost a year. It boasts a private 1.5 acres and was sold by Savills.

It is understood that it was bought as a family home with two local bidders competing.

Currabeg

Currabeg

The sale result is now on the Property Price Register, officially marked as having made €2.3m, but it is understood it made more than that, as part of the 1.5 acres of grounds are valued separately.

Savills put Curraghbeg on the open market in June 2014, guiding €1.85m, and it is only in recent months that interest peaked, with two bidders going head to head, as the price was first met and then far surpassed.

Built in the 1920s, Curraghbeg has belonged ever since to the Murphy family who were builders in earlier decades, and who constructed a number of Cork churches among other buildings, according to market sources.

Built in a vaguely French Manor-meets-Colonial style, with five bedrooms, it has 3,600sq ft of space.

The post Cork property sells for €2.4m appeared first on MyHome.ie Advice & Blog.

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