Property crash puts Irish mansion and 14 holiday homes on sale for $1.4m
Fire sale prices on luxury property in Kilkenny
An 18th century mansion and 14 holiday homes set on 47 acres have gone on sale in Ireland for a bargain basement €1m ($1.43m).
Duninga House in County Kilkenny - the former family home of the Mullins racing dynasty - looks set to become the poster child for the massive Irish property crash.
The holiday homes alone were originally on sale for €500,000 ($720,000).
Now, the entire portfolio, which includes the mansion, the holiday homes, stables, outhouses and exclusive fishing rights on the River Barrow, is on sale for the price of two holiday homes.
The property is being sold by KPMG accountants after a proposal to turn it into a five-star hotel and tax-break holiday homes collapsed.
Michael Jackson's Irish real estate agent Dominic Daly is acting for the accountants.
"We have a number of views planned for next week," he said. "We will get the best we can and then it's up to the receiver to decide."
Daly said the accountants had set the price but it was hard to guage interest in the property given the mayhem in the property market and the international credit crunch.
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It certainly is discrimination. If one is open to serve the public, that means serving EVERYONE and with courtesy. @ Mr. O'Doherty, I find it hypocrFamilies as well as Catholic Church and government to blame for illegal adoptions
Gus have you been in touch with the sisters who ran the mother and baby home in Bessboro? They do have registers and a database and should be able to