You can buy one of Ireland's most remote hotels for €400,000 10 months ago

You can buy one of Ireland's most remote hotels for €400,000

Yep, you could own your very own hotel.

One of Ireland's most remote hotels is available to purchase for a total of €400,000.

The 14-bedroom hotel, with a bar and restaurant, is being offered for sale as a going concern by owner Sean Doherty, who was also the island’s former lighthouse keeper.

The family-owned and run hotel is the biggest employer on Tory Island and has been a focal point for many of the island’s historic moments since the 19th century.

Tory island is part of the Donegal Gaeltacht and has one of the highest rates of native Irish speakers anywhere in the country.

And although €400,000 is a hell of a lot of money, it sounds a lot more reasonable when you realise that it's less than the price of a three-bedroom semi-detached home in Dublin.

The sale of the famous Óstan Thóraigh or Tory Island Hotel is billed by the selling agent as a "fantastic opportunity to acquire a landmark property with huge potential."

Gareth McLarnon, from Glen Estates in Letterkenny, says: "The Tory Island Hotel is an iconic building situated in a thriving seasonal tourism destination.

"This is a fantastic opportunity to acquire a landmark property with huge potential. It is a chance for someone to embrace island life in a strong community on one of Ireland’s most beautifully scenic islands located off the coast of Ireland’s most northerly county.

"Properties like this don’t come to market very often in Ireland and we are expecting quite a bit of interest in this unique opportunity. This wonderful island hotel is on the market for around the same price as two-bedroom apartment in parts of Dublin."

The closing date for offers is Wednesday 31 July, 2019.