Situated on the banks of Lough Arrow, the castle, which was built in the 1800s, is being transformed into a five-star 81-bed luxury hotel with wedding chapel, conference centre and spa. The development will also include beautifully landscaped gardens designed by celebrity gardener Diarmuid Gavin, a car museum and a nine-hole par-three golf course designed by Nick Faldo.

Residential accommodation at the castle comprises of 60 three- and four-bed courtyard townhouses, which benefit from Section 268 tax relief and a two-year rental guarantee.

Each house also comes with two memberships to the golf course at the castle and one membership to the Lough Rynn Golf Club at nearby Mohill.

Houses are particularly spacious and range in size from 106sq m to 121 sq m (1,141sq ft to 1300sq ft) and include a lounge, fitted kitchen, en-suites, guest WC and large bedrooms.

Price: from 319,000
Joint agents: Savills HOK 01-618 1300 & Property Team 071-966 2124