This Kildare property was by far the most expensive private residence sold in Ireland last year

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Lyons Demense is a well-known property to many people all over Ireland, and the luxury estate was the most expensive private property sold in Ireland last year.

With a sale price of €12.073 million, it fetched a far greater fee than the second most expensive property in the country, a Dublin home that was sold back in July to former Paddy Power boss Patrick Kennedy for €8.725 million.

Lyons Demense was taken off the market on October 4 last year and the deal was listed on the Property Price Register after a sale was agreed for the 620 acre estate.

The property was formally owned by billionaire businessman Tony Ryan who bought it back in 1996 for an outlay of £3.5 million and spent more than £80 million renovating the area around the large mansion.

Lyons Demense reportedly has a value of around €80 million, but a family member is said to have purchased the property in a cut-price deal.

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