Presley ‘not in bidding’ for Mallow Castle

By Louise McCarthy

SPECULATION that Elvis Presley’s daughter, Lisa Marie, could become the new owner of Mallow Castle was dismissed this week by a local auctioneer.

Cork city based auctioneer Liam Lynch, of Liam Lynch & Co, was reported to have brought Lisa Marie Presley to view Mallow Castle more than a week ago, but he could not confirm if she has shown any real interest in purchasing the castle or not. The guide price for the castle is in the region of €10 million.

However, a Doneraile based auctioneer refuted the possibility of the star buying the castle. “I know that that there is hype that she is interested in it, but I know that she is not,” said Aidan Foley, auctioneer.

Mr Foley told The Corkman that an internationally renowned hotel group, who are not yet established in Ireland, have considered the purchase of the castle.

In addition, Michael O’Donovan of SherryFitzgerald O’Donovan stated that although that they are not actively speaking to any definite buyers at the moment they are in contact with an interested party who expressed a desire to develop a hotel.

It is thought that there will be an auction later in the year at the castle, selling fine art and rare books.

Meanwhile, local Cllr Noel O’Connor has renewed his campaign to push for Cork County Council to purchase the castle.


“Subsequent to the recent news that Lisa Marie Presley was interested in buying the castle I spoke to the [council] management about the purchase of the castle. It seems that their decision still seems to be that the price is out of range,” said Cllr O’Connor. “I intend to talk to the auctioneers at SherryFitzgeralds this week and see if there is negotiating possibility with the council and the vendor.”

Maybe she'll buy a home in the UK

Thanks for the update Suz

Suzana,

Thank you for posting!!

Your very welcome LMP Fan UK and Miss Heather.