The Lough is generally not that bad for puking teens in non covid times! Especially not over that part.Semi Detached Houses for Sale in The Lough, Cork | Daft.ie
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If you got this at 10% below asking and put in €60-75 of work (plus blood, sweat and tears) - you'd have a home (and investment) that would light up and pay off in silver dollars.
Only drawback is that the garden backs onto the part of The Lough when drunk teenagers puke, piss and shit of a Friday evening.
Caveat: Not sure what the subsidence issue would be like there.
Subsidence (and difficulty in insurance because of that) is an issue everywhere in that area.