€90m resort for sale at just €20m

[Teknique]

Ouch

Now NAMA is selling the resort, which hosted the 2001 and 2002 Irish Open tournaments. It can be bought in two lots or in its entirety. One of the lots includes the hotel, formerly known as Fota Island Sheraton, along with its three golf courses and the leisure centre which could fetch €15m. The other lot consists of the 59 unsold lodges which are expected to sell for about €5m to one buyer.

http://www.independent.ie/business/commercial-property/90m-resort-for-sale-at-just-20m-3122930.html

Is this even sport related ?

 

[Rebelred]

if we each get a few quid together, get SockY to put it on a few sure fire bets, we could have an INTERNET house down there for next to nothing

 

[applehunter]

Would have thought there will be a lot of interested buyers for this.

Maybe not many of them irish though