The price of a recently restored Art Deco cinema in East Cork has dropped by more than €300,000 in just two years. The Regal Cinema in Youghal, which was first listed for sale at an asking price of €600,000 in 2024, was re-listed this week at €295,000, marking a significant drop from its original asking price. “Being honest, I think the asking price of €295,000 is a more realistic price,” said Mr Flanagan. “Youghal was the birthplace of moving pictures in Ireland, I know there is interest in the property, so I’m confident that the Regal Cinema will reopen in the long term. “Obviously this is a huge loss to the town, and for us at the Youghal Business Alliance — it was an events centre as much as a cinema.”

Source: Irish Examiner February 19, 2026 09:30 UTC