Belfast Telegraph

Donegal holiday resort with 27 homes on market at £2.3m

By Margaret Canning

A Co Donegal resort of nearly 30 holiday homes has gone on the market for €2.6m (£2.3m). Cuan na Ri Oceanfront Resort, made up of 27 villas and a bar/restaurant complex on around 186 acres, overlooks Sheephaven Bay close to the villages of Carrigart and Downings.

North west Donegal draws large numbers of holidaymakers from Northern Ireland, many of whom own second homes in the area.

Now commercial property agency Cushman & Wakefield is selling the development of Cuan na Ri - Irish for 'harbour of the kings'.

Cushman & Wakefield described the sale as "an exceptional opportunity to acquire this freehold interest including 27 holiday villas with an oceanfront bar, restaurant and function room on approximately 186 acres".

The location is described as a two-hour drive from Belfast and is also around one hour from Londonderry. The site has boardwalk access to Tra Mor Beach and is close to the famous four-star Rosapenna Hotel & Golf Resort.

The restaurant, bar and function room also caters for weddings, conferences and private parties.

Niamh Walsh, associate director in trading assets at Cushman & Wakefield, said: "Every angle of Cuan na Ri offers captivating coastlines and stunning sights.

"Its layout and location lends itself to offer yoga retreats, meditation retreats, corporate challenge packages, outdoor activity holidays to include fishing, hillwalking, kayaking, surfing, cycling and angling, to name but a few."

The development and holiday homes were built by T&G Properties after it acquired the site in 2007 and opened around two years ago. The villas have been advertised separately for sale at around €239,000 each.

All the villas are fully fitted out and decorated. A previous bid by Ryder Cup captain Paul McGinley to develop a golf resort on the site was refused planning permission.

The Wild Atlantic Way is the name given to the west of Ireland's 1,500 mile-long coastline. And Donegal featured in magazine National Geographic Traveller's Cool List at the start of this year.

It said: "With a weather-nibbled coast spotted with sea stacks, Blue Flag beaches and offshore islands, Donegal is a land that feels undiscovered.

"There's an array of reasons to visit, from surfing beaches in Magheraroarty and Ballyhiernan Bay to Horn Head - a driving, walking or cycling loop that squeezes the 1,600-mile Wild Atlantic Way into a 4.5-mile nutshell," it added.

Belfast Telegraph

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