West Cork Property - Summer 21 by southernstarIRL

Edition (e.g Autumn 2020) | The Southern Star | Magazine Title

PROPERTY SPRING 2021

WEST CORK

NOW is the time to make the move! Properties for sale and rent | Build or buy? Commercial and agri | Dream homes

The Southern Star’s guide to property in West Cork The Southern Star’s guide to property in West Cork 1

Property West Cork | The Southern Star | Spring 2021

Whether you are buying or selling your forever home, a holiday home, investment/pension property, a farm, forestry, or commercial property we are here to get it done for you! We provide high quality legal services to clients from all over the world from our West Cork base. Catherine O’Brien LLB TEP Market Square, Dunmanway, Co.Cork, P47CF74

We have been recognised for our service levels by being shortlisted in the national finals of the Irish Law Awards Top Tip for Sellers Check if your property has direct access to a public road (in charge of a local authority). If not, contact your solicitor now as action is needed before 30th November 2021.

Contact us on 023 8856934 or info@cobriensolicitor.com www.cobriensolicitor.com • Catherine O’Brien LLB TEP Our areas of practice include: Sale and Purchase of Property • Probate & Wills • Commercial • Litigation Member of the following

Spring 2021 | The Southern Star | Property West Cork

Welcome to The Southern Star’s Property West Cork magazine People are regularly reviewing their property status based on their needs and desires, in terms of family, work and life balance. The uncertainty that we’ve all experienced in the past year or so as a result of Covid-19, and now that we’re seeing very real light at the end of that tunnel, combined with advances in broadband and better remote working options, have all prompted many to consider West Cork as an ideal place to live, work, raise a family, run a business and ultimately improve the quality of their lives. In this instalment of Property West Cork there is a wide array of properties to whet the appetite of those considering the move to West Cork, those looking to buy a second property or even those already in the area but who are looking to move a step further up the property ladder. We also take a look at the ins and outs of the commercial property market, leasing agricultural land and we have some great advice on taking the stress out of moving to your new home. We also ponder the popularity of TV property programmes and explore the pros and cons of building vs buying.

PROPERT WEST Y CORK SPRING 2021

NOW is t

he time

to make t

move! s for sale and rent Commerc | Build or ial and a buy? gri | Drea m home s

Propertie

Property West Cork will also appeal to anyone who simply enjoys looking at wonderful homes and properties, and having a little ‘dream home’ fantasy moment. We will be promoting the print and digital edition of Property West Cork to potential buyers in West Cork, the rest of Ireland and overseas, to showcase our area as a wonderful place to buy a property. For more news on properties for sale in West Cork, check out The Southern Star’s weekly Homes & Property section, southernstar.ie/property and our various social media platforms. Cover photograph of Schull, looking across Roaringwater Bay and Carbery’s Hundred Isles towards Baltimore, by Tom Vaughan. For more of Tom’s work, see oakwoodaerialphotography.ie

The South e Star’ The Sou thern rn Star’s gsuguide to prop ide to pro ert perty iny in West Cork West Co rk

Clonakilty

South Ring

Rosscarbery

West Cork Coastal Home Site Search Our clients have lived and worked in Clonakilty town for three decades. They have retained our services to lead their search for a new home, whether an existing dwelling, older premises requiring alterations or a site with Planning or subject to obtaining Planning Permission: • our clients are at retirement age, are in a position to make an early decision and are cash purchasers. • our task is to reach out to Owners, Owners Representatives, Agents, Solicitors and/or Tax Advisors who may be interested in selling or alternatively have received instructions to secure a purchaser. Our brief is to procure details of any of the following: • coastal residential properties or sites ranging from c 0.5ac to c 5ac, situated within viewing distance of the coast extending from South Ring, Clonakilty to Mountain Common near Ardfield or overlooking the Bay or Lagoon at Rosscarbery, Co. Cork will be considered. • the property must be in an elevated position, with a south or south-west aspect, held freehold, Fee Simple with vacant possession available and with independent access from a paved public road. A brief property description including if available its Eircode address, copy outline boundary map, photographic images, existing services and condition of holding, together with an indicative price should be provided. All details submitted to us, if requested will be treated in confidence by our clients. Mr Ted Hallissey, Hallissey & Partners Solicitors, 41 Main St., Bandon, Co. Cork, P72 XY66. Email : tedhallissey@hplaw.ie 3

Property West Cork | The Southern Star | Spring 2021

Multi-million West Cork? It’s worth every cent West Cork has always been a popular destination and recent times have seen a particular surge in people looking to relocate here for reasons including our quality of life and our quality properties. Emma Connolly looks at some of the ‘top-dollar’ sales completed here recently

Liss Ard Estate, Skibbereen Sale agreed: €3.5m Liss Ard Estate in Skibbereen was snapped up by a US-based real estate development company at the start of the year who said it was ‘love at first sight’ for them. St Dominic Properties are the new owners of the estate which comprises a six-bed mansion, nine-bed mews house, 10-bed lake lodge, a 40-acre private lake, and 163 acres of woodlands. It’s also home to a crater-type Sky Garden, one of only two in the world created by American artist James Turrell. The estate, a favourite bolthole of stars including Bono, will be managed by Destinations, a hospitality company specialising in creating authentic and memorable travel experiences. Its founders Colin Best and Michael Johnston who plan renovations and upgrades to the guest experience with a reopening as soon as restrictions allow. The sale was jointly handled by Maeve McCarthy of Charles McCarthy Estate Agents and Roseanne De Vere Hunt of Sherry FitzGerald Country Homes.

Glengarriff Castle Sale agreed: €2.7m

The Lookout, Glandore Sale agreed: €975,000

The iconic Glengarriff Castle, steeped in history and which enjoys some of West Cork’s most spectacular views, had only hit the market mid-summer when it was snapped up by a business man from Northern Ireland. Peter McGill, from Holywood in Co Down bought the roofless ruins in June after it had been on the market a mere four weeks, for its asking price of €2.75m. Working with heritage conservation specialists Southgate Associates and Cork city based Peter Murphy (FMP Architects) he plans to remove two ‘unsympathetic’ extensions and bring the building back to its original footprint. Peter also has extensive plans to remove invasive species and carry out planting of indigenous trees, adding to the existing 87 acres of woodland. The sale was completed through joint agents Sherry FitzGerald Country Homes and local agent Sherry FitzGerald Ray O’Neill.

Aptly named, this property is all about the stunning views over Glandore Harbour and was purchased for just shy of €1m (the €25,000 in change might be useful towards the window cleaning budget for the floor-to-ceiling windows!). Built back in 2008, this vast 4,900 sq foot home is most sympathetic to its location, with stand-out features including a south-facing deck overlooking the sea, and an open fire in the entrance hall. The sale was completed by Sherry FitzGerald O’Neill. 4

Spring 2021 | The Southern Star | Property West Cork

The Grain Store, Ringarogy, Baltimore Sale agreed: €1.4m

‘Big buck’ properties still up for grabs … Rocket House, Castletownshend €1.95m

Surrounded by water on three sides, this house created quite the ripple on the domestic and international property scene when it landed in the summer of 2019. Nearly as interesting was the fact that a previous owner was retired UK psychotherapist Dr Andrew Stanway, of the ‘Lovers’ Guides’ fame. The vast 6,000 sq ft house has its own pontoon and private access to the shorefront which is the ultimate calling card in local real estate. Overlooking the Ilen river, and sitting right in its mouth, its was purchased by an Irish buyer after at least a dozen viewings from interested parties. Charles McCarthy, Skibbereen completed the sale.

The Rocket House in fashionable Castletownshend has an asking price of €1.95m, has sparked major interest in the US particularly. Despite current restrictions delaying in-person viewings, selling agent Maeve McCarthy has been busy giving potential buyers video ‘walk-throughs’ from this very impressive property. Located in an enviable waterfront position in the coastal village, it’s a seven-bed 4,500 sq ft house, set on over half an acre. Charles McCarthy is the selling agent

Cois an Uisce, Kinsale Sale agreed: €1.175m

Ballinacurra House, Kinsale €6.35m

This Sandycove property was one of three €1m-plus sales in Kinsale during 2020 — Rampart House, a period five-bed property, fetched €1.25m; 3 Fort View at Ardbrack made €1.12m; and this bungalow, Cois an Uisce in Sandycove sold for €1.175m. Just 300m from the attraction that is Charles Fort, it was all about the location, view and potential that came with this 2,260 sq ft of accommodation. Sheehy Brothers Auctioneers completed the sale.

This private estate is renowned for being where Michael Jackson and his kids chose to say when they were in Ireland, and where Kim Kardashian and Kanye West also wanted to bed down in (except it was already booked), The restored Georgian house, which comes with 25 acres of beautiful woodlands and gardens, separate cottages and a coach house is guiding for €6.35m making it the eighth-most expensive property on sale in Ireland. Knight Frank is the selling agent.

Glaiss Ailinn, Ballydehob Sale agreed: €1.225m

Otterbank, Castletownbere €1.65m

This waterfront property at Foilnamuck sold for €1.225m towards the end of the year, snapped up by an Irish buyer and it’s not hard to see why. In summary it’s five-bed house, a separate guest house, situated on the inner reaches of Roaring Water Bay, with exclusive direct sea access, including a private slipway and pontoon. Alternatively, just describe it as: sublime. Oh did we mention a hot tub to take advantage of the views over Roaring Water Bay to Kilcoe Castle and Mannin Island? Wonder how we’d manage to get an overnight in the guest house? Charles McCarthy, Skibbereen completed the sale.

One of West Cork’s prime waterfront residences, this understated property is something really special. Seven acres of gardens, a long stretch of shingled shoreline to swim from, a private quay, a boat shed and a shoreline cabana. That’s in addition to the impressive 2005-built 4,500 sq ft dormer property, positioned to make the most of the views. There’s a restrained elegance to this place, which lets the surrounds do most of the talking. Can’t see it languishing on the market for too long in this climate. Sherry Fitzgerald O’Neill is the selling agent. 5

Property West Cork | The Southern Star | Spring 2021

Impressive modern home Desert Oasis! Exceptional 4 bedroom, detached residence within a short walk of Clonakilty town centre while having views of Clonakilty Town and Bay.

AT A GLANCE ... SUMMARY Exceptional detached residence 1,925 sq ft/178.9 sq mtrs. approx. and garage set on mature landscaped gardens with a south west facing aspect and having views of Clonakilty Town and Bay. LOCATION 1 Desert Heights, Clonakilty SELLING POINTS Established location within a 10 minute walk to town centre, spacious well proportioned rooms, solar panels. ASKING PRICE €545,000

FIND OUT MORE ... Contact Sherry FitzGerald O’Neill | 02388 33995 www.sfoneill.ie | Licence No. 004158

Restored 3 storey period home AT A GLANCE ... SUMMARY The house, containing 1,776 sq. ft./ 165 sq mtrs. approx. is currently laid out with a commercial/residential unit on ground floor and a 4 bedroom detached home on the upper floors. LOCATION Ilen Bank House, North Street, Skibbereen SELLING POINTS An opportunity to purchase a unique residence that offers significant potential and has the benefit of side access from the street front to the rear. ASKING PRICE €395,000 Elegant, period and restored 3 storey residence, set in Skibbereen town and having a magnificent west facing garden and raised patio to take advantage of the views over the Ilen River and countryside.

FIND OUT MORE ...

Contact Sherry FitzGerald O’Neill | 028 21404 www.sfoneill.ie | Licence No. 004158

Spring 2021 | The Southern Star | Property West Cork

Five under €350k

Five West Cork dream homes on offer for less than €350k by Emma Connolly

Bere Island, six-bed €345,000 The Admiral’s House perched on the edge of Bere Island looks like it should belong on a film set, it’s that idyllic, windswept, rugged and alluring. On paper, it’s described as six-bed period property located just a few minutes walk from the island village of Rerrin. But that doesn’t even begin to do justice to its breathtaking elevated views over Castletownbere harbour with Hungary Hill in the background. Without sounding nit-picky it is in need of some modernisation but waking up here every day will more than compensate for having to upgrade some furnishings and fittings. Importantly all prior renovation works have maintained the house’s unique character so there’s no fundamental design flaws here, just an odd carpet that needs changing. This place is steeped in history. The Royal Navy first moved into the waters of West Cork in 1797 and there are photos of British Navy

warships anchored in Berehaven during WW1 and WW11. British anti-invasion preparations recognised the Island as being of strategic importance for attempted invasion of Ireland. In 1898 the east end of the island was compulsory-purchased by the British War Department and fortifications were built to protect British dreadnoughts when they were in port. Accommodation for officers and men were also constructed at this time. Local knowledge says that the Admiral’s House was built at this time and used by the naval officers but not the army, and that is how it got its name. For the non-West Corkies, Bere Island is 11kms long east to west and 5kms wide north to south in size, with a population of just over 200. The ferry from Castletownbere Pier takes around 15 minutes and among the many things the island is known for, it’s having one of the world’s best parkruns. The selling agent is Sherry Fitzgerald O’Neill.

Property West Cork | The Southern Star | Spring 2021

Five under €350k

Glencreagh Bantry, four-bed, €280,000 A ‘fine block of a house’ is how we’d describe this property in West Cork. Nestled in nicely in the scenic Meelagh Valley, it’s located just five miles outside of Bantry town. That means it enjoys being well connected to services and activities, while still enjoying a secluded, but not remote, address. The four-bed dormer house is pretty standard in terms of its interior and layout, and that’s not to down play it one single bit. Quite the opposite, it’s a perfect example of what works well for comfortable family living in terms of accommodation, and flow, with a kitchen/dining room with French doors to the garden, separate living room, and that all important utility room. According to TV architect Dermot Bannon they’ve climbed even further up people’s ‘wish lists’ over lockdown when we’ve all been surrounded, day in, day out by our ‘stuff.’ Out of sight is out of mind and all the rest. Outside, there’s a super handy detached garage/shed – ideal for storing the lawn mower … and more stuff. There’s seriously cute country cottage vibes going on here, with plenty of room for expansion, a polytunnel, vegetable patch, a chicken coop, a pony …or at the very least a hot tub. The selling agent is Pat Maguire Properties.

Lissacaha, Schull, four-bed detached €350,000 A rural location, but only 6km from the buzzing village of Schull, this four-bed house, on a oneacre site is a great ‘all rounder.’ In the townland of Lissacaha, (just down the road from the Ring Fort that gives the area its name), it enjoys coveted views of Dunmanus Bay and uninterrupted vistas of rolling West Cork countryside. As well being in easy reach of Schull, just a short drive away are Skibbereen, Bantry, Crookhaven and Barleycove beach. Built in 2006, the house extends to 2260 sq ft and is suited to family living with separate living and sitting rooms both of which well sized. There are some nice interior finishes with higher than average ceilings, recessed shelving and exposed stone walls, but there’s plenty of leeway for the new owner to put their own stamp on this spot. Colm Cleary of selling agents James Lyons O’Keeffe sums it up best when he says: ‘This property represents a great opportunity as it will make a fantastic holiday house or permanent family residence. Rural location, large garden, sea views, spacious rooms throughout and only 5-10 minutes drive from Ballyrisode beach – it ticks so many of the boxes people are looking for in a West Cork property.’ The selling agent is James Lyons O’Keeffe. 8

Spring 2021 | The Southern Star | Property West Cork

Five under €350k Ballinascarthy, five-bed €350,000 A modern five-bed on a site of just over half an acre, this property provides incredible value for money. Starting with the super-central location in the townland of Killeen which will suit many commuters with Clonakilty just 10km away, Bandon 15km and Cork Airport a very manageable 40km. Next there’s the impeccable interior finish and the attractive split level layout of accommodation extending to over 2,550 sq ft. There’s a sleek, compact kitchen which leads into a spacious dining room and a separate living room, all off a statement making airy hall. One of the ensuite bedrooms is also downstairs, making it useful for guest accommodation. The property is surrounded by mature planting and has a warm south westerly aspect. Selling agent Henry O’Leary summed this spot up well when he said ‘all the hard work has been done.’ What’s not to like about that? The selling agent is Henry O’Leary.

Gortbrack, Castletownshend, three-bed €350,000 Affordable and Castletownshend aren’t words that are all that common in the same sentence when talking about property. But this three-bed in Gortbrack, just outside the uber-fashionable coastal village, knocks that preconception on the head, and seems almost too good to be true. Occupying a slightly elevated.0.5 acre site the house is accessed by a charming drive and surrounded by mature planting. While more compact than sprawling, the house is a perfect example of how less can sometimes be more. Everything a home owner might need is right here, and best of all, the place is in turn key and absolutely pristine condition. Some living accommodation is upstairs to avail of the views, with a first floor deck designed for evening sundowners, stargazing, outdoor yoga class or whatever you’re into yourself. Included on the site is a large, separate workshop which would be the ideal space for the DIY enthusiast, an artist’s studio, or just additional storage. Selling agent Liam Hodnett emphasised the immaculate condition of the property throughout and its ideal location within minutes of beaches like Tragumna. ‘This property offers the ideal opportunity for investment as a quality family or holiday home,’ he said. The selling agent is Hodnett Forde. 9

Property West Cork | The Southern Star | Spring 2021

Commercial

Good business sense By Niamh Hayes

LIKE everything else within the Irish economy, the commercial property market has been affected over the last year. On one hand, some businesses have closed down, and others have stopped trading for the time being and are struggling to meet their rent. On the other hand, property owners still have their own bills to pay and when their tenants are struggling, they too feel the effects. It is not all doom and gloom in West Cork though. In fact, over the last number of weeks, with renewed hope that the economy will start to reopen shortly, people are taking chances and venturing out to start up their own businesses, meaning they need a commercial property to trade in. Others know that tourism will come back bigger and better than ever before and are pre-empting this. Existing businesses are also looking to a brighter future and are choosing West Cork as their choice destination for their down-sized premises. The demand for commercial property is there. Supply on the other hand is limited. CHALLENGING MARKET Con O’Neill, Director of Sherry Fitzgerald O’Neill, says that the market has been challenging for some time. ‘Two factors have characterised the market for a while

now. The increase of commercial stamp duty to 7.5% in 2019 has been a disaster in rural Ireland. It is adding significantly to the purchase price of town-centre properties, which are often in need of significant investment to bring them up to the required minimum standards or to add accommodation overhead to increasing housing supply. The second is the pressure that town centres are under from competing large retailers on the outskirts’, says Con. POSITIVE STEPS Despite these challenges, Con has seen some really positive steps being taken within the commercial market in places like Clonakilty, Skibbereen, Bantry and Timoleague. New businesses have opened up or are in the process of doing so, commercial properties have been bought, and existing businesses are upgrading to bigger, more versatile spaces. ‘It has been a really difficult time for traders but to be in business, you must have a positive outlook. It has been remarkably resilient’, adds Con. Hodnett Forde Property Services currently has a mix of town centre and rural units available. They have seen demand for a range of different properties over the last year. ‘Pre-Covid, there was a demand for 2000 square foot retail stores, located on main streets with a lot of shop floor space. There is definitely a shortage of those,’ says Andy Donoghue.

Beacon Shore Guesthouse Baltimore Asking Price: €495,000 Beacon Shore Guesthouse is a landmark restaurant and guest house premises, enjoying a prime trading location on the square in Baltimore. The restaurant includes a fully fitted commercial kitchen and ancillary areas, while there are six ensuite bedrooms that are all fitted out to a top standard, with some having views of the Harbour. Contact. Sherry Fitzgerald O’Neill 10

OFFICE SPACE ‘There is also a demand for office space out there.’ Andy continues. ‘Since the pandemic, people are looking to downsize, often from a city centre premises to a more rural location in West Cork where they can have a small office space with a hot desk’. ‘Those with long-term leases are looking at their position and looking at downsizing or sub-letting some of their space, if they can within their contract’, adds Andy. PUBS AND RESTAURANTS Despite the year public houses and restaurants have had, Andy has spotted some hope in the market. ‘There is interest and hope there. People are keen to look at restaurants and public houses. There are green shoots there. Tourism will hopefully pick up this year and people are recognising that’, says Andy.

CONVERTING TO RESIDENTIAL Sean Carmody of Charles McCarthy Estate Agents, Auctioneers and Valuers says there is a bigger appetite for residential property rather than commercial property currently, and those who are looking at commercial property are often looking at it in terms of its potential to be converted to a place of residence. ‘That’s what investors are thinking. That’s where they see money to be made’, says Sean. In terms of renting, Sean is seeing young people out there who are willing to take a chance on a new venture and who are willing to rent a commercial property. ‘As a business owner, I would be telling you to get a good tenant. Look for someone who has a good future ahead of them rather than focusing on how much can be made in the short-term from rent. If the renter can run a good business, it’s a win-win for both parties’, says Sean. The one good thing that Sean has seen coming out of the last year is that more people are moving to West Cork and that in turn may lead to a bigger uptake of commercial properties. ‘With more people moving down here, and more footfall in the area, we could see more people taking commercial properties. That’s the hope anyway’, says Sean. While the demand is certainly there, supply is not. It is limited at the moment, but the future is still bright. ‘Supply has always been limited and will continue to be into the future. They are not building new town centres, so the supply is fixed. The costs required in bringing our town centre properties up to modern standards to meet building regulations and minimal rental standards is substantial. Upgrading the buildings that we have will go a long way in helping to attract new businesses to open in our towns’, concludes Con of Sherry Fitzgerald O’Neill. Despite the limited supply, there are a range of town and rural units available presently. For more information, get in touch with any of the many estate agents and property services located in West Cork.

Spring 2021 | The Southern Star | Property West Cork

Commercial Durrus Village, Durrus Guide Price: €550,000 A great investment opportunity incorporating the Village Grocer, Post Office, the Gateway café & restaurant, and overhead residential accommodation with 4/5 bedrooms. The Village Grocer incorporates a grocery shop, deli counter with fully compliant modern kitchen, news agency, lotto and toll agency. Durrus Post Office is located on the ground floor of The Village Grocer. The Gateway Café & Restaurant has capacity for 80 covers with a modern fully equipped compliant kitchen and WC facilities. The overhead residential accommodation comprises of a living room, kitchen, dining area, 4/5 bedrooms and two bathrooms. As this business is located on the Wild Atlantic Way, and is strategically located between Bantry, Schull, Goleen and Kilcrohane, it enjoys a very strong tourism and local trade. Contact: Hodnett Forde Property Services

Commercial/residential holding, Main Street, Skibbereen Guide Price: €190,000 Three storey commercial/residential property which consists of a commercial section on the ground floor and two self-contained one-bed apartments on the first and second floor, with separate access. In excellent repair throughout with an attractive annual rental income and would provide an excellent rental return for a very reasonable investment. In a prime central location with street frontage and adjacent to the public carpark at the rear. Contact: Charles McCarthy Estate Agents, Auctioneers and Valuers

ADVERTORIAL

Secure a speedy property sale with ease With house prices on the rise and an exceptionally high demand for property, it’s a sellers market. Both sellers and buyers want a quick sale. Donna Wilson, Solicitor at Wilson Daly practice in Dunmanway tells us how by being prepared, you can speed up the process considerably.

This can often be frustrating for both parties, that is why being prepared ahead of putting the property on the market is so important and equally the buyers need to have their finances all in order to ensure a smooth transaction.

Steps to take ahead of putting your property on the market • Engage with a solicitor, as early as possible • Source the title deeds • Ensure there are no planning issues associated with the property • Print off your Local Property Tax history, if applicable • Source a Non Principal Private Residence (NPPR) Tax certificate (as applicable 2009-2013) • Source a Building Energy Rating (BER) certificate • Confirm registration of septic tank with www.protectourwater.ie • If the property was first built or an extension was added/change of use since the 1st October 1964 then an Engineer’s Certificate of Compliance with Planning Permission and Building Regulations may be required. Early enquires in this regard are essential. • It can take approximately four weeks for the seller to get the contracts out and in the meantime the buyer should be securing their own mortgage Sellers and buyers need to be realistic about the time frame of the process. It can take on average 12 weeks, sometimes longer, from sale agreed status to when the buyer receives the keys of their new home.

Specialising in: • Buying and Selling Property • Farm Transfers • Wills & Probate/Administration of Estates • Personal Injuries

Wilson Daly Solicitors, Bridge Street, Dunmanway, Co. Cork P: 023 8845796 E: enquiry@wilsondalysolicitors.com Opening Hours 9.30am – 5.30pm Monday to Friday

Property West Cork | The Southern Star | Spring 2021

Agriculture

Looking to lease farm land? Things you need to know

S a farm business structure, land leasing is growing in importance year on year with many West Cork estate agents reporting a major shortage in supply. With many dairy farmers in expansion mode, leases are seldom coming up for renegotiation, driving up prices. The average value per acre for rental grazing land in Munster was €207 in 2020 according to a Teasgasc report, but that’s closer to between €250 and €300 around here. Long term leasing makes a lot of sense for both the landowner and the active farmer in terms of land use and maintaining the land in a good productive state. It also makes sense financially to both parties as it allows the active farmer to better justify any required investments and the landowner has the benefit of attractive income tax incentives. However, with the reform of CAP this year, armchair farmers are advised of potential changes to ownership of entitlements coming down the track.

•

WHY LANDOWNERS (LESSORS) SHOULD CONSIDER LONG-TERM LAND LEASING? • Enhanced income tax relief incentives. A five-seven year lease, eligible for €18,000 tax free income p/a; seven-10 year lease, €22,500; 10-15 year lease, €30,000 and 15 years or more, €40,000. If land is co-owned between a husband and wife, the relevant tax thresholds can be doubled. • Poor profitability of existing enterprise. • Stable long term income from farm assets. • Opportunity for land improvement, through increase in soil fertility status, establishment of farm roadways, drainage etc.

CASE STUDY John and Mary are in their early sixties and they want to step back from farming. They are looking at the option of leasing the farm out to a third party to avail of the income tax incentives. John is the sole owner of the 32 hectare farm and there are 32 entitlements worth €260 per hectare. The farm is a grassland farm and is very good quality land. To maximise the income that is covered by the income tax exemption, they are looking at leasing the farm and entitlements for 15 years. The total potential income is €24,320 included a lease

• • • •

Qualify for Capital Gains Tax relief on transfer or sale of the farm. Successors not yet ready to farm. No identified successor. Retiring from farming.

WHY ACTIVE FARMERS (LESSEE) SHOULD CONSIDER LONG-TERM LAND LEASING? • Security of tenure. • Enables longer-term planning of the farm business. • May provide opportunities for expansion or change of enterprise. • Provides the opportunity to invest and improve the land. • Farm buildings may come with the land that will reduce capital investment in housing, slurry and silage storage facilities. • More cost effective than purchasing land

payment of €500 per hectare and entitlements worth €260 per hectare. All of this income would be tax free as it comes under the threshold of €30,000 for a 10-15 year lease. LEGAL LEASE TEMPLATES Some basic details be included: • Term of the lease. • Annual payment and payment procedure. • Details of the land use and the upkeep of the land. • Insurance. • Treatment of Basic Payment Entitlements. • A clause preventing subletting. • The lease must be stamped by Revenue and registered with the Property Registration Authority (PRAI). • A master lease template is available from the IFA. • STAMP DUTY Where the lease is five years the stamp duty is charged at a rate of 1% of the annual lease fee. This fee is paid by the lessee. This should be paid within 30 days of the commencement of the lease. A solicitor can complete the stamping process on the Revenue website (ROS) and attach the certificate to the lease. LEASE DURATION The duration of a lease can be long-term for a period of more than five years or short-term for a period of less than five years. However, in order to qualify for the income tax incen-

Spring 2021 | The Southern Star | Property West Cork

Agriculture tives, land must be leased for a minimum of five years but can be leased for up to 25 years. The lease duration determines which income tax threshold will apply. Where a landowner is entering into a lease of greater than 15 years, legal advice should be sought from a solicitor. For further information, see Property Registration Authority of Ireland at prai. ie/leases. BASIC PAYMENT ENTITLEMENTS Basic payment entitlements can be leased with the land to the lessee. Where entitlements are to be leased with land this should be detailed in the lease agreement. An on-line Transfer of Basic Payments Scheme Entitlements Form will need to be completed by the lessor and the lessee in order to facilitate the transfer of entitlements for the duration of the lease. This on-line form is available through the Department of Agriculture & Food website. Under the current CAP scheme, Basic Payment Scheme Entitlements can be leased with land or leased without land to a different party to the person leasing. PROTECTING YOUR BASIC PAYMENT ENTITLEMENTS It is advisable to insert a clause in the lease agreement to cover the compensation of the lessor if for any reason the lessors basic payment is forfeited to the National Reserve by the lessee under the two year ‘use it or lose it’ rule. It is also worth considering inserting a clause into the lease that in the event of the tenant not receiving his or her basic payment entitlements that this should not affect the agreement in place and that the monies are still due and owing to the lessor. A clause should also be inserted into the lease that the tenant is to process and lodge all paperwork with the Department of Agriculture, Food and the Marine by the required deadline for the purposes of triggering any

entitlements payable and to deal with any queries that the DAFM may raise in connection with the application quickly. INCLUDED INCOME If the income from the long term leasing of lands that is qualifying for income tax relief is the only income on the farm, then this is regarded as non-reckonable income for the purposes of PRSI contributions and the individual may be best advised to make voluntary contributions to Reve-

nue in order that they meet their requirements for social insurance benefits, including the State Pension (contributory). Where this occurs the lessor cannot avail of the income tax incentive on the value of the entitlements. INHERITING LAND landowners who inherit land but do not wish to farm it themselves, can lease the land to a third party to satisfy the requirements of claiming Agricultural Relief. The lease must be for a minimum period of six years.

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Questions & Answers with... Hodnett Forde Property Services

As well as being experts in residential and commercial property sales, Hodnett Forde Property Services, Emmet Square, Clonakilty are one of the leading agricultural agents in the region specialising in farm sales and leasing across West Cork and Munster.

How long have you been in the property business? Andy Donoghue, John Hodnett & Ernest Forde combined, would have in excess of 50 years experience selling a wide range of residential, commercial, forestry and agricultural properties in West Cork and in the wider Munster area What are your qualifications? John & Ernest are both West Cork natives and Andy moved back to West Cork in 2013 after a number of years travelling and working in the industry in Cork City. We're all members of the Institute of Professional Auctioneers and Valuers (I.P.A.V.) and also qualified members of TEGOVA (The European Group of Valuers Associations. Who else is part of the Hodnett Forde team? Frank O’Driscoll and Liam Hodnett form part of our Sales Team while Kathleen Russell & Bernice O’Neill manage the Land Leasing Department. Teresa O’Sullivan manages our Accounts department and Vera Flynn & Sandra Wilson manage the administration and reception. What are the biggest changes you have seen, particularly in the farm sales and leasing side of your business over the years? Traditionally the medium size farmer was our typical client but in recent years there has been huge strives to increase the size of farm holdings. Investors and financial institutions are now considering farms as secure investments. Of late we see an ever-increasing pattern of non-farmers bidding on lands in competition with the farming sector. Investors see the tax-free income from a 5, 7 or 10 year lease most attractive.

How has the pandemic influenced the day-to-day business of selling/ leasing farm properties? With the pandemic, public auctions cannot take place and this has resulted in longer sales processes at times, however it hasn’t reflected on sales prices achieved in sales which we have concluded over the past 18 months. The travel restrictions have prevented some overseas clients from travelling to view properties, but we have adapted to incorporate more virtual tours, online bidding and electronic contract exchanges. 2020 was a good year for land leasing and 2021 has seen increases of up to 20% for new leases. Online lease signing increased dramatically along with online rental payments.

John Hodnett

What is the most unusual property you have sold/leased...and why? A few years ago we sold a tiny chalet in the locality to a world-famous super model. Is there anything you’d like to add? It is our policy to work hard, providing a seven day service, and achieve the best possible prices for our vendors at all times. We thoroughly enjoy our work but in particular it is most encouraging to get that ‘thank you’ from a vendor and purchaser when the sale is concluded. The huge interest shown by outsiders seeking to relocate to the West Cork region proves that our scenery, our welcome and most importantly our people, remain the best in the world. You can get more details on our services as well as view properties of all types on www.hodnettforde.com 13

Ernest Forde

Andy Donoghue

Property West Cork | The Southern Star | Spring 2021

3 An Corran, Gallanes, Clonakilty AT A GLANCE ... SUMMARY Exclusive Detached Residence c.2350sq. ft. with 4/5 Bedrooms Professionally Landscaped 0.5 Acre Plot LOCATION Clonakilty, P85 X088 SELLING POINTS High End Finish Upgraded Insulation Throughout Convenient Location ASKING PRICE €585,000

FIND OUT MORE ... Contact Andy Donoghue 087-2372347 Hodnett Forde 023 883 3367 www.hodnettforde.com

Beautiful family home with huge space and located within walking distance of Clonakilty Town Centre

5 South Square, Rosscarbery AT A GLANCE ... SUMMARY Duplex Apartment c.1,400sq. ft. Spacious accommodation with rear Garden and Parking LOCATION Rosscarbery, P85 DH63 SELLING POINTS Town Centre Location Rebuilt 2005 South Facing Garden ASKING PRICE €285,000

FIND OUT MORE ... Town centre living with off-street parking and close to the Warren Beach

Contact Andy Donoghue 087-2372347 Hodnett Forde 023 883 3367 www.hodnettforde.com

Spring 2021 | The Southern Star | Property West Cork

9 Cuan Dor Haven, Glandore AT A GLANCE ... SUMMARY Luxurious Detached Coastal Residence c.1830sqft with 4 Bedrooms LOCATION Glandore, P81 NV32 SELLING POINTS Impressive Sea Views Walking distance to Glandore Village & Pier Distinctive Period Features ASKING PRICE €570,000

FIND OUT MORE ... Contact John Hodnett 087-2599716 Joint Agent Cahalane Skuse 021-427 9179 Hodnett Forde 023 883 3367 www.hodnettforde.com

Magnificent family home having views over Glandore Harbour

Ardsallagh, Crookhaven AT A GLANCE ... SUMMARY Attractive Coastal Bungalow Open plan layout with 4 Bedrooms c.0.3 Acre elevated plot LOCATION Crookhaven, P81 TF24 SELLING POINTS Uninterrupted sea views over Crookhaven Harbour Goleen, Crookhaven & Barleycove Nearby Easily managed site ASKING PRICE €325,000

FIND OUT MORE ... Remarkable coastal bolthole with unbelievable views, open-plan layout and privacy

Contact Liam Hodnett 087-2464152 Hodnett Forde 023 883 3367 www.hodnettforde.com

Property West Cork | The Southern Star | Spring 2021

Due South AT A GLANCE ... SUMMARY Due South, an impressive 4 bedroom detached House 182.53 m² / 1965 ft² Conveniently located a few minutes stroll from Schull LOCATION Meenvane, Schull, West Cork SELLING POINTS South facing plot overlooking Schull harbour. Light filled spacious rooms throughout the property. Gardens are well maintained, private and secure. Large detached garage. ASKING PRICE €750,000

FIND OUT MORE ... Contact West Cork Property Ltd 48 Main Street, Schull, Co. Cork. Call 028 28 122 www.westcorkproperty.com Licence no: 001144

THINKING OF SELLING? CONTACT US ON 028 28122

Hidden Beauty

AT A GLANCE ... SUMMARY Detached 5 bedroom residence set on over c. 3 acres located c. 1 mile from Ballydehob Village.226.24 m² / 2435 ft². LOCATION Gurteenroe, Ballydehob, West Cork P81 AE76 SELLING POINTS Cleverly designed, 5 bedroom detached residence, well appointed, spacious accommodation. Bright & spacious kitchen/dining area and utility. Detached studio/workshop. ASKING PRICE €495,000

FIND OUT MORE ... Contact West Cork Property Ltd 48 Main Street, Schull, Co. Cork. Call 028 28 122 www.westcorkproperty.com Licence no: 001144

Spring 2021 | The Southern Star | Property West Cork

Loughbeg Farm AT A GLANCE ... SUMMARY A traditional, renovated Irish farm house, in Lissacaha, Schull. A 6 bed detached house, two bed Cottage on c. 4.5 acres with well fenced fields & paddocks. LOCATION Loughbeg Farm, Lissacaha, Schull, West Cork SELLING POINTS Delightful place to rear a family, retire to or just grow old, enjoying the peace and quiet in a rural setting. ASKING PRICE €495,000

FIND OUT MORE ... Contact West Cork Property Ltd 48 Main Street, Schull, Co. Cork. Call 028 28 122 www.westcorkproperty.com Licence no: 001144

THINKING OF SELLING? CONTACT US ON 028 28122

SKIBBEREEN

BALLYDEHOB

SCHULL

DURRUS

GOLEEN

BARLEY COVE

CROOKHAVEN

Property West Cork | The Southern Star | Spring 2021

Contemporary & Coastal in Reengaroga The Turquoise House is set on c. 1 acre, designed with sophistication and character with a great sense of space and modern

AT A GLANCE ... SUMMARY Contemporary property with superb coastal & countryside views. 5 Bed 3 Bath c. 2,500 sq ft LOCATION Reengaroga Island, Baltimore SELLING POINTS Impressive open plan kitchen/living/ dining, High standard interior finishes, Coastal location ASKING PRICE €850,000

FIND OUT MORE ... Contact Charles McCarthy Estate Agents +353 28 21533 www. charlesmccarthy.com

Waterfront Residence in Rineen AT A GLANCE ... SUMMARY Charming detached residence on the inner reaches of Rineen harbour. 5 Bed 2 Bath c. 2,800 sq ft LOCATION Rineen, Skibbereen SELLING POINTS Ample accommodation, Great sense of privacy, Private pier providing harbour access. ASKING PRICE €795,000

Woodvale is an impressive home with wonderful original design details throughout. On c. 3 acres of superbly landscaped grounds with private electronic gate access..

FIND OUT MORE ... Contact Charles McCarthy Estate Agents +353 28 21533 www. charlesmccarthy.com

Spring 2021 | The Southern Star | Property West Cork

Semi-detached in Centre of Schull AT A GLANCE ... SUMMARY Well-appointed property in a great location. 3 Bed 1 Bath c. 1,100 sq ft LOCATION Main Street, Schull SELLING POINTS Bright & airy accommodation, Convenient yet private location, Potential for an attic conversion. ASKING PRICE €310,000

The Admiralty is located in a private, gated community accessed from the Main Street. With its own private south-facing patio and also common area access to sun terrace and large secured lawn.

FIND OUT MORE ...

Contact Charles McCarthy Estate Agents +353 28 21533 www. charlesmccarthy.com

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We offer a comprehensive service on all aspects of conveyancing – residential, investment and commercial -to private and corporate clients who are engaged in selling, leasing or developing property.

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Property West Cork | The Southern Star | Spring 2021

TV shows are hot property DERMOT BANNON ABROAD Dermot Bannon is suffering his way through the pandemic like the rest of us. The celebrity architect started out with a trip to Canada for RTÉ’s ‘Dermot Bannon Abroad’ which hit our screens back in October – we’ll come back to that in a tick. Global lockdowns meant he had to shelve the next episode in Spain, and make do with a little jaunt around Ireland instead (look, we all had to do our bit), and now guess what? He’s looking for people who are changing an outdoor area or shed into their home office for his next show. No shortage there I imagine – form an orderly queue folks. It will be interesting to see how his glass boxes will work with computer screen glare? Anyway he’s nothing if not resourceful, even if he’s not that resilient. Let’s cast our minds back to his visit to Canada, when he told us several times he was cold … very cold, freezing in fact. It was touch and go for a while apparently. Luckily the properties he visited made it worthwhile and were all ‘wow’, ‘stunning’ in fact, which was something else he told us very often. At times the Canadians looked completely taken aback, as if they had no idea what was going on, or who this thermal-clad bloke on their doorstep was, but they just went with it. Canadians are meant to be pretty sound like that in fairness, and sure who could resist our Dermie? With travel restrictions in place, he had to improvise with an Irish episode of incredible homes which saw him swing by Goleen, to visit a house by world-famous architect Niall McLaughlin which was … completely stunning (and it really was). Who knows … if travel restrictions continue for another bit, our own humble abode might make the grade; like everyone else, we’ve made a lot of

Who among you could resist a good gawp into someone else’s house if you got the chance? Very few. This, plus the emotional and ﬁnancial investment that people put into their home development projects, make TV property shows irresistable, writes Emma Connolly

HOME OF THE YEAR

improvements over the past few months. Although with no Stations on the agenda for a while, and so no deadline to do up the front room, or the back room, or the good room, that’s looking a bit unlikely.

DIY SOS: THE BIG BUILD IRELAND

Baz Ashmawy is an acquired taste. A bit like Hector. You either love him, or you’re just a bit wary of all his guff and antics. I knew he loved his mammy, which is always a good sign of a bloke, and in this RTÉ series he showed he’s truly one of the good guys. Shot before the pandemic struck, this was just what we needed when it hit screens in November and reduced us all to blubbering messes with each episode, one more moving than the rest. The format of the show was simple: to renovate the homes of deserving families, and hopefully change their lives forever – but to do it in nine days and rely solely on the generosity of volunteer trades and suppliers. Every episode an army of volunteer builders, labourers, trades, suppliers, friends and neighbours come together giving their time, labour and materials to help a local family whose lives were impacted by a significant loss or misfortune. The series helped put things into perspective for a lot of us, when the temptation to wallow in a pity party was strong. Suddenly working from home wasn’t so awful (well it was, but you know what we mean). This show lifted a nation when we needed it most and was the perfect platform to showcase Ireland’s unbelievable community spirit. What? I’m not crying silly, there’s just something in my eye!

We were massively excited to meet the new judges in the seventh series of RTÉ’s Home of the Year in February, and they didn’t disappoint. In fact they ended up being almost as big a draw as the houses themselves. Returning judge and architect Hugh Wallace (fan of a sweater casually draped over his shoulders) was joined by award-winning interior designer Suzie Mc Adam and award-winning architect Amanda Bone (did we mention they were both award-winning?). Susie was cast as the good judge, all florals, frills and flounces, while Amanda was the baddie, all cheek bones, in her blazers with shoulder pads. Where Susie saw the joy, Amanda struggled in houses ‘which had too much going on.’ It threatened to get nasty once when Amanda took grave exception to a set of wicker garden furniture and let rip with: ‘What is this obsession with Irish people and wicker outdoor furniture?’ Hugh replied with: ‘Do you not want a bit of sugar or something, you need something to sweeten you up?’ It could all have been scripted of course, but this was good TV at a time in the evening when most people struggled to even think straight. We’re already looking forward to the eighth series.

SELLING SUNSET

The bitchiness, the office politics, the outfits, the houses (the commission?)… we were hooked on Selling Sunset from two minutes in. The American reality television series on Netflix revolves around the Oppenheim Group, a high-end real

From left: Dermot Bannon, Baz Ashmawy and Hugh Wallace

Spring 2021 | The Southern Star | Property West Cork estate brokerage firm in Los Angeles, and follows a group of agents as they navigate their personal and professional lives. Imagine the Kardashians all working in an office together, and all the hair, nails, juices and drama that involves and you’re starting to get a picture. Of course lots of people insist that the show is entirely scripted, but to be honest, it’s not even all that relevant. We’re not invested in the characters and are mainly there to see the insanely amazing houses, and whatever madness Christine (newly pregnant) was getting

up to in each episode. The first season premiered with eight episodes on March and helped shield us from the horrors of what was happening globally. The show returned for a second season last May, and a third season will hit screens in August. Whatever else happens this summer, that’s something to hold on to at least and Netflix also announced seasons four and five. We cannot wait even if we’ve still no clue what ‘in escrow’ means. Right: Cast members of Selling Sunset.

Local estate agents on their favourite TV shows ... Andy Donoghue, Hodnett Forde

As we have two young kids (Ella five, and Patrick two) TV at home is generally fixed to something with a princess, tractor or dinosaur, I think we are on our 500th time of watching Frozen at this stage. But, my wife Aisling and I are also in the process of building a house in Rosscarbery and so property programmes such as Grand Designs and Home of the Year have been of interest to us during the year for inspiration and ideas. During the lockdown and in particular the darker winter months, we binged on travel/cooking shows such as Rick Stein, Michael Palin and even some of the old

Keith Floyd ones. We did stumble across a cheesy comedy show on Netflix called Benidorm, which I highly recommend for anyone looking for a good laugh. It’s priceless!

Colm Cleary of James Lyons O’Keeffe

Hoffman who plays Louis Litt is outstanding, so funny!!

I watch almost any property related show but I enjoy Home of the Year best. I love to see what families from all over the country feel is the ideal design, layout and furnishings of a ‘home’. I find it interesting to see what aspects the judges like or dislike and see if I agree with them! When it comes to non-property viewing, it has to be Suits on Netflix. I think pretty much everyone else has watched Suits before me. I have only just finished it and loved it. I really enjoyed the cut and thrust of the series. Each episode leaves you hanging right at the end and you just have to see the next one. Rick

Martin Kelleher, Martin Kelleher Property Services

I’ve seen a few episodes of Home of the Year - looking at some of those dream homes it hard not to be blown away by the passion and ingenuity of the homeowners. For escapism it’s mainly sport stuff I watch - recently I saw The Last Dance on Netflix about Michael Jordan which I thought was a cracking show.

Con O’Neill, Sherry FitzGerald O’Neill

I loved Baz Ashmawy’s DIY SOS. It’s full of warmth, humour and a little chaos thrown in for good measure and really showcases what is great about communities. Non-property wise, for as long as I can remember, I’ve been obsessed with the archaeology series Time Team. I rewatched all 20 series during the initial lockdown. Only great shows run for 20 seasons and hopefully there is one more on the way shortly!

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Property West Cork | The Southern Star | Spring 2021

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Spring 2021 | The Southern Star | Property West Cork

To build or to buy, that is the question by Niamh Hayes

any people dream of building a home. The thought of designing every room is one that becomes a life goal. It’s an incredibly exciting project to undertake, one that can be tedious but one that will be worth it. Others would prefer to buy a home. The walls and roof are already there, just pack your bags and you can move in. However, whether it’s a new house or an older one, putting a sold sign on it is sometimes only the beginning of a long road ahead. It can be hard to know which one to go for as there are pros and cons to both. The important thing is to inform yourself of all the options, legalities and costs, so that you are in a better position to decide which one is right for you.

TIMEFRAME

LOCATION When building, you get to choose the location. You pick out a site and can have the house of your dreams built in your dream location. Keep in mind that land can be hard to come by though and can be expensive depending on the location. The local planning department have the final say on your design so you may have to tweak your plans to fit in with the surroundings. Having a good design team will make this process easier and the sooner you get working on planning permission the better, as it can be a lengthy process.

Buying a home can be the quicker process of the two. You can begin looking at houses at any stage, and once funding and legalities are sorted, you can make an offer and move in within a short space of time. It can take time to find the right house though and delays can crop up at any time. Building is often the longer process. From finding a location, to dealing with architects, planners, builders and other tradespeople, 18 months could have easily passed before you step inside your new home. Then again, if you are doing a lot of the work yourself, by putting in extra hours, you can cut down on the time it takes to build.

When buying a house, you are more restricted when it comes to location. You can pick a general area, but you will have to be flexible when it comes to exact location. However, you might end up with an even better location than if you were looking for a site to build. You could take advantage of a successful planning from the past which may not happen these days.

DESIGN

COSTS

Building a home gives you creative freedom to come up with a unique design that suits your needs. This is an exciting process as you can play around with different layouts, sizes and designs. It will ultimately come down to the planning permission process though, so be prepared to change it. The other advantage to building, is you get to completely design the interior to your specification.

Building can be more expensive and it’s difficult to know the final cost of everything as things crop up along the way, such as constructing a well, connecting to electricity, and water and wastewater services. However, if you are doing some of the work yourself, you can cut down on costs. You can also include energy saving technology which will reduce your bills in the future.

With buying, you don’t have the same level of design freedom, however there are a number of ways that you can put your stamp on the house. You may have the option of picking out your own fittings and interiors in new houses. In other cases, modern houses often come with a neutral colour palette, so you can add your own splash of colour wherever you like. There is also the option of a complete renovation of an existing house or adding an extension if it doesn’t currently meet your needs. Extensions can be a tricky process though and often involve planning permission and hidden costs.

Buying a house seems more straightforward as you know a lot of the costs upfront. However, besides the cost of the property, costs such as solicitor and surveyor fees as well as Stamp Duty need to be considered. If buying an existing home, you might have added costs in the future as things can go wrong, especially with older houses. The price paid for the house may not be the final price.

Buying from plans is another option. This means buying a house which has not yet been built. The design and timeframe are in the hands of the developer, although the buyer may get some say in things like fittings and interior finishes. Ask questions about future developments in the area and how they will affect your property and space, and make sure to get the property inspected before moving in.

People often know whether they want to build or buy, but before making the final decision, weigh up your options, make sure you are completely informed and take it from there. Having a good team around you is essential so that you know exactly what you are getting yourself into.

Property West Cork | The Southern Star | Spring 2021

Moving? Plan ahead and avoid the stress

Why is moving house often considered to be so difﬁcult when really it’s the beginning of a new and hopefully better phase in your life? The answer is simple – stress. Often caused by not having control and fuelled by a fear of the unknown, stress can be crippling at a time when you need to be at your best. Through careful planning however, you can regain control, take the uncertainty out of your move, and look forward to the next chapter, writes Paula Burns

EARLY STAGES

PLANNING IS PARAMOUNT

Once you have decided to put the house on the market there a few tasks you can have completed before going Sale Agreed. • Contact your solicitor to inform them you are putting the house on the market – it’s good to let them know as soon as possible so they are able to prepare. • Ensure you know where the Title Deeds are – if you have a mortgage these are usually held by the bank. However if you’re mortgage free you could have them filed away or with your solicitor. Be warned know exactly where they are because a lost deed can hold up the process for months. • Start sorting through the small stuff like documents such as birth certs etc. and put in a labelled box. • Get the house deep cleaned including the widows – this will keep it fresh for viewings and make the last clean a bit easier. • Get a skip and do a thorough clear out of the house, garden and shed. • Start selling unwanted items that are too good for the skip on online sites.

Not much planning can be done in regards to the actual move until the house goes ‘sale agreed’ and a moving date is confirmed. Once this is set planning becomes paramount. Even if you are not a lists person this is the time to start. • First write out a realistic weekly plan and stick to it. • Clear your schedule for around the time of the move – take the time off work. • If you have kids organise someone to babysit for the day of the move. • If you have a pet, get them looked after for the few days around the move – you being settled in the new home will help with any anxiety a pet may have. • Book a removal company – a credited removal company will relieve you of the hard-duty moving. • Start packing things you don’t need such as clothes – if it’s coming into summer have your winter clothes packed away. • Pack away room-by-room starting at the top of the house working your way down.

Spring 2021 | The Southern Star | Property West Cork

• • • • • • • • •

•

Label boxes clearly to make unpacking easier. Decide what rooms the furniture will go in the new house and label them. Look at admin that can be done in advance such as registering with a new GP and vet if you have pets. In the last week before the move look to changing over utilities to the new house. Stop buying food in the last week. Pack a bag of essentials such as medication, toiletries, toilet paper, phone/laptop chargers, and toys for kids. Get help – if your family are offering their services then take all the help you can get. If you have help delegate a room per person do avoid confusion and overlapping of jobs. According to superstition it’s bad luck to move into a house on a Friday or a Saturday so maybe go with a Thursday to avoid any unnecessary stress!

•

If they are moving school try to arrange for them to meet their teacher and see their new classroom before their first day – it will help with first day jitters. Maintain a routine where possible.

SELLING IN A PANDEMIC

The landscape of selling a house during Covid has changed. It has been modified to ensure restrictions are adhered to. • Safety is first with online being the new default approach to selling. • Photographs and video of the entire house are taken – the vendor must vacate the house while this is done. • BER ratings are still being completed but again the house must be vacated while it is carried out. • No open viewings are allowed. • The virtual tours of the entire house and surrounding garden/land can be viewed online. • Since January during the extended level 5 viewing in-person should only take place when contracts are being considered – i.e. at the ‘sale agreed’ stage. • To consider a bid most agents require proof of mortgage approval or proof of funds. • If the buyer is selling their property it must be at ‘sale agreed’ before a bid will be considered. • These are subject to change as restrictions are eased.

MOVING WITH CHILDREN

As we’ve established moving house can be stressful, throw in a few kids and the blood-pressure levels can begin to boil. Don’t forget this is all new to the little ones too. Making the move easy for them will benefit everyone. • Communicate – talk them through the move. Why it’s happening and try to focus on all the positives for example they might have a bigger bedroom or garden in the new house.

Property West Cork | The Southern Star | Spring 2021

Island is the dream .... Owning an island has long been the dream of many, and indeed a reality for those who have the means and wherewithal to buy these sanctuaries and leave the world behind for a while, writes Brian Moore

Horse Island in Roaringwater Bay was sold last year during the pandemic for just under €6m. Right: Mannion’s Island in Dunmanus Bay is currently on the market.

he interest in acquiring a secluded getaway has risen to new levels since the onset of the COVID-19 pandemic, where many high-worth individuals and indeed companies turns their thoughts and cash to the islands off the coast of Ireland and across the globe. Owning a private island where you can control who comes and goes, where you can relax with every luxury and more, while safe and secure in the knowledge that you are the master or mistress of all you survey is, for many of the world’s top earners, simply priceless. However, while cost may not be a factor, prices for your own piece of paradise are, it seems limitless. For example, let’s first travel to the warm, crystal clear waters of the Caribbean where just € 4,437,180 will get you four acres on North Saddle Caye Island off the coast of Belize. Here you have your own complex with twin luxury villas, a guest cottage, and a caretaker cottage all designed to withstand up to category four hurricane level. Or perhaps, Belize isn’t far enough away to provide you with the security and privacy you need? Well, for a mere €34,959,600 you can have you very

own South Pacific Island set on almost 10 acres with sandy beaches, tropical foliage and coconut groves on Motu Tane, Boro Boro in French Polynesia. ‘We have seen a drastic increase in the demand for islands all over the world throughout the pandemic,’ Chris Krolow, CEO at Private Islands Online says. ‘One of the most attractive features for prospective buyers is that islands offer much more privacy than anything on mainland. People want to escape to a peaceful retreat and take advantage of the slowed down world in a beautiful island setting and reconnect with nature,’ Chris continues. However, it would appear that when it comes to buying your own island, the lure of warm tropical waters and coconut groves is not top of the list for would-be island owners as the interest in the many islands dotted along the Wild Atlantic Way has increased two-fold since the beginning of the pandemic last year. Off the coast of West Cork alone, there are many islands that have come up for sale over the years, and Skibbereen-based estate agent Charles McCarthy has often been involved when it comes to showing potential 26

buyers what’s on offer. ‘There has been a huge increase in the numbers of people interested in West Cork overall since the beginning of the pandemic,’ Charles told Property West Cork magazine recently. ‘Buyers want to find their own rural retreat with some looking for an island as the ultimate getaway.’ ‘There has been a huge increase in the demand for islands over the last 15 years especially in and around Roaringwater Bay because of the excellent accessibility from Baltimore and Schull all year round,’ Charles explains.

Spring 2021 | The Southern Star | Property West Cork An example of a Roaringwater Bay island with easy access to the mainland that Charles and his firm brought to the market in recent years is West Skeam Island. On the market back in 2013 for €1.5 million and sold in 2019 for an undisclosed sum, this 33-acre island has a main accommodation consisting of five bedrooms and three bathrooms, kitchen and dining room. West Skeam also boasts a rumoured Viking burial ground, a hidden sundial, an early gnostic Christian church and an overgrown second World War airstrip. Another Roaringwater Bay island which sold during the pandemic and was bought by the new owners, primarily via WhatsApp, without setting foot on their new property, is Horse Island. The 157-acre island features three sandy beaches populated by seals, farming pastures, and extensive natural wildlife. Seven luxury properties occupy the island, including a six-bedroom main house, two three-bedroom guest houses, two two-bedroom guest houses, and two one-bedroom cottages and all this for just under €6 million. Private Islands Online are currently offering four Irish islands for sale, with two of them just off the West Cork coast. ‘Normally we see enquiries for Irish islands from Europe but we’ve been getting more and more from North America as well,’ Chris Krolow said. These two islands, Mannion’s Island in Dunmanus Bay and the 62-acre West Calf Island in Roaringwater Bay, have attracted a number of interested island shoppers in recent time. Mannion’s Island offers four acres with a small sheltered cove to the east of the island. There is no house, building, structure, or ruin on the island and with price tag of almost €300,000 the island is for sale as is. While Mannion’s Island was never occupied, over in Roaringwater Bay, West Calf Island with its 62 acres, and its price on request only, has several derelict farmhouses and outbuildings on the Island where once more than 20

Clockwise from above: West Calf, the most westerly of the three Calf Islands in Roaringwater Bay is 62 acres and uninhabited; Motu Tane is just 10 minutes from the main island of Bora Bora in the South Pacific and will set you back a mere €34,959,600; For €4,437,180 you could get four acres on North Saddle Caye Island off the coast of Belize in the Caribbean. people lived, but West Calf is otherwise abandoned with no living accommodation, electricity or other facilities. However, this lack of services has not been a deterrent for those looking to acquire, what many see as the ultimate when it comes to coastal properties.

‘Islands are more exclusive since there aren’t many for sale in any given region. This also makes them more sought after in the rental market so there is higher rental income potential for prospective buyers,’ Private Islands Online CEO Chris Krolow concludes.

Your Move. Our People. PH: 023-8844958

RINGCURRAN COTTAGE ARDBRACK KINSALE, P17FY93 Guide Price: €270,000

TOOREENNAGRENA ADRIGOLE Guide Price: €150,000

NO 17 HILLCREST COURT RIVERSTICK Guide Price: €230,000

DUNKEREEN INNISHANNON Guide Price: POA

Red Line Is For Identification Purposes Only

Ringcurran Cottage is an oldworld stone cottage on a small site located within walking distance of the historical Charles Fort, Scilly Walk and Kinsale town. The property enjoys a southerly aspect and is situated adjacent to St Catherine’s Church.

Derelict Farmhouse on C.2 Acres. Located within 8km of Adrigole village and C.26km of Bantry town. Views over Bantry Bay and the Atlantic Ocean. This property offers enormous potential.

Majella Galvin DNG Galvin | PH: 087 8099006 E: info@mgalvin.ie

Three bedroom terrace house with rear garden within Riverstick village. Located within 10km of Kinsale. town,. this property represents an excellent opportunity to acquire a starter home. Gas Heating.

C.45 Acres of Prime NonResidential Agricultural Land with Good Road Frontage. Located within 4km of Innishannon village.

www.dnggalvin.ie 001963 PSL 27

Property West Cork | The Southern Star | Spring 2021

ACCESS HOME IMPROVEMENT LOANS

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Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Access Credit Union Limited is regulated by the Central Bank of Ireland

Spring 2021 | The Southern Star | Property West Cork

Tips for buying a home in 2021 Majella Galvin of DNG Galvin estate agents in Bandon, a member of the Society of Chartered Surveyors Ireland, offers expert advice to anyone purchasing a property at the moment

Vice-chair of the Southern Region of the Society of Chartered Surverors Ireland, Majella Galvin.

or many years consumers have been going online to search for the perfect home. Pre-Covid it was seen as a very handy research option, but now experienced estate agent Majella Galvin, vice-chairperson of the Society of Chartered Surveyors (Southern region) points out, it’s an essential part of the purchasing process. Here she provides practical advice on navigating that journey. Today buyers are not only researching property online, they are going online to make what is probably one of the biggest decisions in their life. Under Level 5 restrictions, potential house buyers cannot physically view a property until it has gone sale agreed. In such a scenario it is imperative buyers make use of all the resources available to access information relevant to help them be fully informed about their purchase. So what are the things prospective buyers should look out for when seeking the perfect property?

• • • • • •

SEAI website – enter the Building Energy Rating (BER) number provided in listings to find out information about the age of the property, heating, windows, etc. Eircode finder website – enter the Eircode to find out how the property is situated, its orientation and whether it is overlooked by other properties. Virtual and 3D tours are being offered for many properties on the market. Virtual viewings also give you the chance to show properties to your family and friends before making any decision. Request and print a floor plan ahead of the virtual viewing. Live online, in-depth viewings can be arranged using video communications and/or smart phones.

4. AGREEING A SALE •

1. FINANCE

In a market where supply is at an utmost low, buyers need to be purchase-ready. • Sellers are looking for ready-to-go buyers. • Have your finances in order - be able to provide proof of finances, eg. mortgage approval in principle or bank statement showing savings for deposit. • If you have a property to sell, sell it before you buy.

• • •

2. MAKE A LIST OF YOUR KEY REQUIREMENTS

• •

Fully consider all these points when choosing a property: • Location is a key deciding factor for most buyers. • Consider proximity to road networks, public transport links, schools, shops and other services. • Use online tools such as Google Maps to research the location. • Property type – choose detached, semi-detached, terraced, bungalow or apartment. Remember to consider physical needs of family members etc. • Property layout - Consider long terms plans and family needs? Opportunity to extend? Home office space? • Confirm your priorities: number of bedrooms, garden, off-street parking, garage, approximate size, orientation etc. • Consider compromises that you are prepared to make for the right property. • Keep an open mind.

By now you will have a clear idea of your budget, location, property type, as well as narrowed your search to a few properties. If it is viable - conduct a drive-by viewing of the properties. This creates a familiarity with the area and the house itself. Check out the area, is there planning for any industry or developments nearby? As soon as you know which property best meets your needs, and is within your budget, you can place your bid with the agent. If your bid is accepted, you are required to pay a booking deposit subject to contract which is totally refundable until the contract is signed. Once sale is agreed, you can arrange a physical viewing of the property. The next step is to organise to have a chartered building surveyor to prepare a report and engage with your solicitor.

Whilst a physical viewing can never be replaced with online technology exhaustively, it can save time by narrowing down the properties you physically view. When it comes to buying a home, you are buying much more than bricks and mortar. You are buying the foundations for a future family, windows to new opportunities and, essentially, a new lifestyle. Buying a home during a pandemic is a new step for us all, and the more confident you can feel about the process the more likely it is you’ll be stepping over the threshold of your dream home.

3.SEARCHING ONLINE

The majority of properties can be found through a simple, online search of property portals and agents’ websites. • Register with agents in that area, properties are in high demand, so you will want to get notified as soon as a property in your area comes to market. 29

Property West Cork | The Southern Star | Spring 2021

CINEMA ROOM

Most of us aren’t blessed with the space or funds for a full-on Hollywood home cinema style but with a little imagination, your living room could rival the best of them. The Smart TV is, dare we say it, the smart choice. With streaming services now being the main source of TV entertainment, going smart gives you an array of options. From Disney to Netflix to Apple TV, there is a streaming service to suit everyone from young kids to the 30 year-olds still living with the parents. If you’re missing the unique cinema experience, why not invest in a projector? We’re not talking about the chunky ’80s-style ones that could go up in flames at any minute. These days a 4k projector can be easily paired with any of your devices. Don’t have a projector screen? Then beam it off a large white wall, allowing you to experience your favourite movies, cinema-style. All you need now is the popcorn!

must-haves for any modern home Some of these suggestions may be a little aspirational depending on budget and available space, but we can always dream, and there is no shortage of options and advice out there if you really want to make your home a proper sanctuary from the outside world, writes Paula Burns

HOME OFFICE

Working from home has become a reality for many in recent times. While it may have always been the dream, we were not prepared for the overnight reality. As a result many kitchen tables or corners of the bedroom have become an office space. With the working-from-home option becoming more permanent solution in many cases, a designated office space is a must. If there is a spare bedroom in the house, this is ideal for a home office. Being on a separate floor from the kitchen and living area allows for a good divide between working and living space. If you have money saved for a rainy day and space in the garden, then a garden room is ideal. It gives that important feeling of separating work from home, creating the illusion of working in an office without the commute!

PLAYROOM

OUTDOOR ROOM

Despite our unpredictable weather we have come to embrace the idea of bringing our indoor space outside. Patio areas and decking have become an extension of the home, making al fresco dining all the more appealing. This is your chance to be more creative and to add some personality to the space. Patterned floor tiles are not just for indoors. The porcelain treats are just as durable for outdoor use allowing you to add a decorative touch. A wooden pagoda is a beautiful way to define the area while creating shelter. Adorn the pagoda with fresh flowers and fairy lights to create an ambiance for evening dining. Outdoor heating is also a must for those chilly summer nights. These no longer have to be ugly with stone fire pits and outdoor stoves making the outdoors the new staying in!

GYM

While making the most of getting outside for a walk accounts for some form of exercise, many are missing a good sweat session at the gym these days. Gyms typically have a deconstructed, industrial vibe making a garage or large shed the perfect space. If cardio is your thing but you don’t want a bulky treadmill, look to a smart walking machine as an alterative. These are slim and easy to put away. If you’re missing the high intensity of a spin class but can’t stretch the wallet to a Peloton, a turbo trainer bike stand allows you to build up the resistance and the burn you have been missing. Now the cardio is sorted, you can start building a weights collection. Create a designated mat space. Just like a workout start slow with smaller kgs. As you build up your strength you can add more to the selection. Soon working out at home will beat going to any gym. 30

Kids need somewhere they can play and not worry about making a mess. Ideally a playroom should be off an area where you spend most of your time so they can be within earshot. Playrooms are the one space you can have a lot of fun designing. Think about your children’s ages and how the space can evolve as they grow older. For younger kids, bright, colourful rooms help to spark their imaginations. When factoring in storage, think of fun ways you can add a secret cubbyhole or a designated dressing up area. Go with durable materials such as lino instead of tiles – it’s come a long way since the ’80s. Choose smaller robust furniture that can be easily washed. Add an adult-free zone sign and you’re good to go.

Spring 2021 | The Southern Star | Property West Cork

Self- build mortgages and more at Bank of Ireland Making the decision to build your own home, or indeed to renovate an existing property with the view to making it your home, is a major step in anyone’s life. Your new home is much more than just a financial investment, it’s a deeply personal and emotional one too. Whether you are building a new property from scratch or renovating an existing one, the experts at Bank of Ireland will be delighted to discuss your plans with you, take you through the steps in the process and let you know what’s needed. Unlike a standard mortgage, a self- build Talk to us today mortgage is typically drawn down in stage Jerry Shorten on 087 348 4789 payments, spread out for up to 18 months as the building work progresses. The mortgage amount usually covers the build cost including the driveway, boundaries and connection of water and electricity. You will also require an extra 10% of the total cost to cover unforeseen expenses. Each stage of work is inspected and certified by an appropriately qualified professional such as a registered architect, chartered engineer or chartered building surveyor. Building your own home gives you a huge Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland. amount of flexibility – it lets you tailor the design to precisely suit your needs now and looking into the future. You can decide on layout, room sizes, and design features to best suit your needs and desires, as well as taking existing or future family requirements into consideration. If you are building, renovating or simply buying a property talk to one of Bank of Ireland’s mortgage specialists who have the experience and expertise to bring you through the mortgage journey and ensure you can make your dream a reality.

When you’re ready to move, we’re ready too.

Jerry Shorten Mortgage Specialist Bantry, Skibbereen & Clonakilty 087 3484789 Jerry.Shorten@boi.com

Maire McCarthy Manager Bantry, Skibbereen, Clonakilty 087 2354353 Maire.McCarthy@boi.com

Donal Casey Bandon, Dunmanway, Kinsale & Macroom 087 6213880 donal_p_casey@boi.com

Ciara Cremin Mortgage Specialist for Bandon, Macroom, Kinsale & Dunmanway 087 4552661 ciara.cremin@boi.com

Property West Cork | The Southern Star | Spring 2021

O’Donovan Murphy & Partners LLP Solicitors BANTRY – SCHULL - CASTLETOWNBERE

Your property experts in West Cork

   

PROPERTY SALES PROPERTY PURCHASES MORTGAGES RIGHTS OF WAY AND WAYLEAVES

Flor Murphy

Mary Jo Crowley

Margaret Collins

Barbara Daly

   

FARM CONVEYANCING ESTATE PLANNING WILLS NOTARIAL SERVICE

Luke O’Donovan

Siún Hurley

Clíodhna Mulcahy

T: 027 50808 E: info@odonovanmurphy.ie www.odonovanmurphy.ie

Main Office: The Quay, Bantry Sub Offices: Bank Place, Castletownbere Main Street, Schull 32