Carton House Hotel & Resort Hits The Market For €60m

By Publications Checkout
Carton House Hotel & Resort Hits The Market For €60m

Following months of speculation about its future, it's been confirmed that the four-star Carton House hotel resort in Co. Kildare has gone on the market with a guide price of €60m.

The owners, the Mallaghan family, who have a 40-year association with the property, and the Carton Development Partnership, yesterday (11 July) confirmed they had "reached consensual agreement with Nama to put Carton House Resort on the market", reports The Irish Times

The resort, located just outside Maynooth, includes Carton House Hotel, its spa and two 18-hole championship golf courses, designed by two-time major winner Mark O'Meara and Europen golf legend Colin Montgomerie.

"Carton’s future is now secure and it is very much part of the local community and an enduring and unique legacy for the Irish people," said Conor Mallaghan, son of the original owner, Lee. "It is now time to pass its stewardship to a new owner, whom I trust will continue with its recent revival and will appreciate this amazing place as we have."

Hotel operators and investors from both at home and abroad are expected to submit bids for the propertym with the hotel and resort now being offered for sale by CBRE and Savills.