Read more: John Paul Getty III selling Irish home
The €5m Co Tipperary home and estate of the late billionaire oil heir John Paul Getty III has failed to find a buyer, according to the Independent.
Mr. Getty, who died recently in England at 54, bought Gurtalougha House for €1.27m in 1998 as a summer hideaway for himself and his socialite mother Gail Getty. Located on the shores of Lough Derg near Ballinderry, Co Tipperary, the property has been on sale since September 2010.
The 12-bedroomhouse is still on offer to a wealthy buyer offering "privacy, spectacular views, woodland walks, magnificent walled garden with guest cottage and extensive lake frontage with private harbour.”
In 1973, when he was 16, Getty was kidnapped in Rome by a Mafia gang and held for ransom. The gang cuff off his right ear and sent it to an Italian newspaper. After Getty’s billionaire grandfather paid up, he was released but suffered with severe trauma because of the incident.
When Getty purchased the Irish estate, he was nearly blind and unable to walk or speak due to a stroke brought on by his chronic drug addiction. Around the same time, he and other members of the extended Getty family received Irish passports under the 'passports for investment scheme' which allowed foreigners who invested €1m or more in an Irish business to qualify for a passport.
He is survived by his son, the actor Balthazar Getty.
No Irish Need Apply? Not anymore