Thanks to the European debt crisis, vacation homes in the troubled countries of Spain, Italy, Greece and Portugal are selling at big discounts, according to a recent report in The Wall Street Journal. But Americans looking for the ultimate deal on old-fashioned digs should instead look to the Emerald Isle, which has arguably had the biggest property crash of them all.
Cloghan Castle Estate, Banagher, County Offaly
$2.4 million (€1.75 million): -50%
This 14th Century castle is one of Ireland’s oldest inhabited castles. It has 7 bedrooms and reception rooms over 3 floors, set on 62 acres.
Jamestown Court, Mullingar, Co. Westmeath
$3.8 million (€2.8 million) -63%
This 7-bedroom country house was built in 1720 and is set on 62 acres of parkland and woodland. It has under gone a complete restoration in recent years.