The least expensive land in Ireland is in counties Cavan, Leitrim, Sligo, Longford and Mayo while the biggest price increases last year were in Monaghan, Louth, Carlow, Galway and Wicklow.
That's according to the Irish Farmers Journal annual Agricultural Land Price Report 2022 which highlights how the average price. nationally, increased by almost 3% to €12,288 per acre but Cavan bucked that trend because prices fell by as much as 70% or came down to €8,828/ac.
Author of the report, Paul Mooney, spoke to the Wider View this week and he says that demand for land in Monaghan is strong due to food production pressures on Northern Irish dairy famers along the border. But first he began by explaining what the outlook is nationally.
Advertisement
