Derg Marina across from Killaloe is the first Ronautica-built marina in Ireland and was developed by Gary McNamara, son of Dolores McNamara who scooped €115 million in the EuroMillions lottery in 2005.
According to The Irish Times, the site — which had been a “little-used” marina — was purchased four years ago for €1.7 million, well ahead of the €550,000 guide price.
Previously the 250-berth marina, with half a kilometre of water frontage, had sold for €8 million in 2006 — but fell into disrepair in the intervening years.
Progress on the redeveloped site had been held up over a planning objection by local resident Clare Quinn, as The Irish Sun reported this past April.
But An Bord Pleanála refused Ms Quinn leave to appeal as she had not shown the approved scheme would differ materially from what was set out in the application for planning permission.
The new Derg Marina has been welcomed by the local Marine Village Residents’ Association, and Afloat.ie understands interest in the new facility among boaters across the Shannon region is high.
“It looks very smart and a big step up for the inland scene,” one boater told Afloat.ie.