Donegal land prices the highest in Connacht / Ulster at €9,500 per acre - new report finds
Covid had led to a reduction in the volume of sales
Land prices );
);
Donegal land prices are the highest in the border region at €9,500 per acre - new report has found.
According to the Society of Chartered Surveyors Ireland / Teagasc Agricultural Land Market Review and Outlook Report 2021 the average price in Connacht / Ulster of an acre of non-residential poor-quality land under 50 acres last year was €4,600 while the average price of an acre of good quality land was €7,900.
The report found that prices for good land under 50 acres in the region ranged from an average of €9,500 per acre in Donegal – the highest in the region - to €6,500 in Monaghan, and for poor land from €5,750 in Monaghan to €3,250 in Leitrim, the lowest price in the country. The average price of an acre of poor-quality land under 50 acres in Donegal was €4,250.