“Not all are awaiting the declaration of Land Ahoy!”

Pardon the terrible pun, but as a nation we are anxiously awaiting the announcement that property values in general are settling or have settled. However not all are sitting back waiting – those that are fortunate enough to be able – are now purchasing on the Beara and Sheeps Head Peninsula in numbers which are better than expected.

With the mourning period set to run a little longer more vendors are lowering their asking prices.  As a net result Denis Harrington of Harrington Estates has seen much better selling results than anticpated for 2009.

Though values are continuing to fall more people are purchasing, especially so in the case of once off – second hand housing.  Selling activity in recent months around Bantry Bay has brought much needed confidence.  Harrington Estates are able to confirm that the feedback from working with Daft.ie is that there is a very significant increase on the number of U.K families looking to the Bantry area.  These prospective purchasers have been buoyed by a 6 month growth in their own property market.  Though the currency rate is not as attractive to U.K buyers as it has been in recent years, they feel that this is more than offset by the very significant drop in property prices here.

Furthermore there is a strong suspicion that the fall in value for these one off second hand homes may not be as alarming as other areas where there is still a vast amount of unused and un-sold properties.

Though there is more to change in West Cork values, there is genuine hope that the worst is behind us.  So, for more insight and choice in the Bantry, Beara and Sheeps Head Peninsulas visit www.harringtonestates.ie  because when the shout is “Land Ahoy”we will have told you in advance – now is a great time to try and buy!!

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