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Fair price for field rental..

  • 05-11-2011 1:18pm
    #1
    daisyboo
    Closed Accounts Posts: 2 ✭


    Hi,

    we wish to rent a small field (1 and 1/4 acre) good flat grazing from our neighbour. He is a total gent and has just said to pay what we feel is fair.... we do not have a clue and certainly do not want to short sell him.

    Can any of you knowledgable types give me some idea of a fair price (we were thinking €200 per annum - but this could be way off)??

    Thanks in advance :D Daisy


Comments

  • #2
    bob charles
    Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    250 to 300 euro, considering its a small piece


  • #3
    sea12
    Closed Accounts Posts: 2,244 ✭✭✭sea12


    bob charles wrote: »
    250 to 300 euro, considering its a small piece

    wouldn't want to rent land from you> i would consider that expensive. I think €150 - 200 would be a fair price.


  • #4
    daisyboo
    Closed Accounts Posts: 2 ✭daisyboo


    Many thanks Sea and Bob - glad to know we weren't too far off the mark. :)


  • #5
    bob charles
    Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    sea12 wrote: »
    wouldn't want to rent land from you> i would consider that expensive. I think €150 - 200 would be a fair price.

    yes but its worth allot more to the op and there lifestyle than just normal farm land is to a farmer


  • #6
    Bizzum
    Closed Accounts Posts: 4,034 ✭✭✭Bizzum


    A neighbour lets a field near me for the eleven mths for €300. There is an irish acre in it. Its old pasture, well fenced/watered and top quality land. He is paid in one lump in christmas week!


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  • #7
    brian_t
    Registered Users, Registered Users 2 Posts: 6,732 ✭✭✭brian_t


    bob charles wrote: »
    yes but its worth allot more to the op and there lifestyle than just normal farm land is to a farmer

    How can you judge their lifestyle relative to the farmers from just reading the original post ?


  • #8
    sea12
    Closed Accounts Posts: 2,244 ✭✭✭sea12


    bob charles wrote: »
    yes but its worth allot more to the op and there lifestyle than just normal farm land is to a farmer

    The other way of looking at it BOB is that there would not be that many farmers interested in a piece of ground that small.


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