Dandara has sold the former Castletown Golf Links Hotel and associated parcels of land to Manx Bird Life and Langness Golf Course Limited.
The former hotel sits within a bird sanctuary on Langness and is surrounded by the Area of Special Scientific Interest which covers the Peninsula.
Speaking about the sale, a spokesperson for Dandara said: “Following lengthy discussions with Manx Bird Life and Langness Golf Course Limited, we are delighted to have reached a mutually beneficial agreement.
“The Langness Peninsula is a culturally and ecologically important national asset. We are very pleased that the purchasers will now become its custodians, and we wish them well with their endeavours going forward.”
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