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Want To Buy An Irish Castle? Now's Your Chance!
If you're in the market for a new home, why not think big and buy a castle? There are several for sale in Ireland and now that middle income has been defined as up to $250,000, many are within the means of the middle class.
Take Cloghan castle, shown above. It's in Banagher, County Offaly, and comes with 157 acres of woodland and riverside. The original castle was built in 1336, making it one of the oldest inhabited castles in Ireland. Although it was attacked and burned in 1595, it continued to be used as a home. Its three floors have six bedrooms, four bathrooms, an office, store room, laundry and a big dining hall.
It even counts as a tax shelter. Because it's a historic building, if you open it to the public on occasion you get certain tax exemptions, and any maintenance and improvement costs count as a tax write-off.
So how much will this put you back? You'll have to contact Premier Properties Ireland to find out. If the quote is too high, wait for a while. Beagh Castle was originally priced at €695,000 ($906,000) but has been reduced to €299,000 ($390,000). It only comes with 17 acres, but it's picturesquely located on a promontory above the River Shannon in Ballysteen, County Limerick. Nobody is sure when the first castle was built on this spot, but it was rebuilt by a knight in 1260. An old tradition says a secret tunnel connects this castle to the local church half a mile away. The tunnel has never been found, but if you buy the castle you'll have plenty of time to look.
An even cheaper option is Ballymaquiff Castle near Labane, Ardrahan, County Galway. It's going for €145,000 ($189,000). It's a fixer-upper but features some fine medieval architectural features such as large vaulted rooms, pointed doorways, a medieval fireplace and a spiral staircase.
You might also want to comparison shop on their castles page, where they have several more medieval fortresses for sale. There's even a bargain basement castle for only €75,000 ($97,850). That's less than six month's wages for a middle-class household!
[All photos courtesy Premier Properties Ireland]