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Lough Derg Marina Sold To Local Investor Well Above Guide Price

27th August 2015
Lough Derg Marina Sold To Local Investor Well Above Guide Price

#Marinas - Lough Derg Marina in Killaloe might be set for a revamp after its sale to a local investor for more than three times its guide price, as The Irish Times reports.

The marina, on the Tipperary side of the Shannon opposite the Kincora House Hotel, is seldom used today having fallen into disrepair in recent years.

But with the €1.7 million sale allowing for the new owner to build an entirely new marina on the three-plus-hectare waterfront site, the Co Clare town may be in line for an aquatic tourism boost.

The Irish Times has more on the story HERE.

Published in Irish Marinas
MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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