Hotel bought for nearly €4m less than original price tag

A Donegal hotel that once had a price tag of €4.5 million has sold for €650,000.

1st March, 2012

A Donegal hotel that once had a price tag of €4.5 million has sold for €650,000.

The current manager of the 55-bedroom Sandhouse Hotel in Rossnowlagh bought the property today at the Allsop/Space auction in Dublin’s Shelbourne Hotel, according to a report in the *Irish Times*.

“I just can’t believe it. It’s a total adrenaline rush. It’s been a long, long road but we’ve made it,” the newspaper reported Paul Diver as...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago