If you've ever dreamed of getting away from it all, a little piece of paradise has just come on the market in Ireland.

Once known as one of the most expensive places to buy a house, Ireland is now becoming a little more affordable for U.S. buyers.

Teach Johnny" (pronounced chock Johnny and meaning Johnny's House in Irish) is for sale on the island of Inishbofin off the coast of Donegal.

A beautifully restored two-story home with five bedrooms and three bathrooms, the house is priced at $350,000 whereas a similar cottage in Scotland would set you back about $900,000.

A quaint island on just 300 acres, Inishbofin is filled with Irish history and culture, and breathtaking views of the Atlantic Ocean. There are gorgeous beaches for scuba diving, swimming, and shell hunting.

Not a beach person? That's okay. Many trails and pathways around the island make walking the main method of transportation so there's always somewhere to go.

Owner Tony Smith says more than just a house is up for sale.

"It really is a magical and mystical adventure that's being sold," said Smith.

Smith says he is selling the house to try and raise the money to start a car business in his hometown of Drogheda.

"It's breaking my heart," he said, "but it's time for someone else to live this dream."

The house - which can be can be used as a holiday home or rented out - will go to market on April 30 at the Shelbourne Hotel in Dublin.

If you are interested in becoming an Irish castaway, contact the Real Estate Alliance or tony@teachjohnny.ie