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2006 Ryder Cup Resort on the Market for €80m

Written by Robert McHugh, on 19th Jul 2018. Posted in Property

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It was announced today that the K Club, host of the 2006 Ryder Cup, has been placed on the market for sale with a guiding price of €80m. Dr Michael Smurfit, owner of the world-renowned hotel and golf resort, has instructed the Savills Hotels & Leisure division to manage the sale. 
 
The luxury 5-star resort, located in County Kildare, Ireland, sits on a 550-acre estate featuring a 134 bedroom hotel and two 18-hole championship golf courses designed by the late Arnold Palmer, which hosted the 2006 Ryder Cup, 2016 Dubai Duty Free Irish Open and thirteen European Opens.
 
Built in 1832 by the Barton wine family, on the banks of the River Liffey, the original house was modelled on a French Château and still retains many of its original architectural features, artwork and antiques. It opened as a luxury hotel in 1991 and was Ireland’s first AA Five Red Star Property.

The mature estate covers 550 acres and features a Victorian walled garden and fishing on the River Liffey which runs through the resort. The resident ghillies offer fly fishing on the river and horse riding and clay pigeon shooting are also available along with a range of different country pursuits.
 
The K Spa offers a wide variety of treatments and features a secluded outdoor hot tub, aromatic herb garden, seven luxurious treatment rooms, two private suites, a Hamam, a Hydrobath, a Vichy Shower and an exotic Rasul Chamber.

The resort also hosts a range of award-winning dining facilities including The Byerley Turk restaurant and Vintage Crop Cocktail Bar. The conference and banqueting facilities are extensive – extending to 18 rooms.
 
Commenting on the opportunity, Director at Hotels & Leisure at Savills Ireland, Tom Barrett said, "The K Club is one of the leading hotel and golf resorts in the world. As a freehold property, unencumbered by brand or management agreement, it offers vast potential for the next owner."

Source: www.businessworld.ie

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