Property for Sale in Ireland

Location, climate, and economy

Ireland is a country in the north-west of Europe, covering 26 of the 32 counties (5/6 of the territory) of the island of Ireland. It is a developed country with a high level of income, a member of the EU. It is located on an island in the Atlantic Ocean near the United Kingdom. Ireland is known for its green hills and beautiful coastline. Cities are small, varied and lively.

The climate is temperate: southwest winds of the North Atlantic Current prevail, bringing moisture and heat. Winters are mild, summers are cool (average temperature in summer is +18-20 degrees Celsius, in winter +7-10 degrees Celsius).

Ireland is an agro-industrial country that is progressively developing. The main industries: computer industry, textile, food, chemical, mechanical engineering, ferrous metallurgy, pharmaceuticals, glass, oil refining, mining (peat extraction, polymetallic ores, etc.), tourism. Ireland is one of the ten richest countries in the world in terms of GDP per capita. The country also ranks high in the education system, political freedom and civil rights, freedom of the press, and economic freedom.

Why it is profitable to buy real estate in Ireland

The real estate market in Ireland has been demonstrating rapid development in recent years. Since Ireland is extremely interesting for tourists, real estate here is in demand for further leasing and tenants of apartments and houses are active in the region.

Residential real estate in Ireland is constantly growing in price, which makes it a very interesting investment. In the real estate market of large cities, growth rates are lower than in rural areas, although this gap is narrowing. International Investment experts note that the Irish real estate market is characterized by a protracted excess of demand over supply, this trend will continue in the coming years. This indicates that now is the time to make a profitable investment in real estate in Ireland, as it guarantees a high return on investment from rental and resale of housing. Among other advantages of buying property in Ireland, it is worth noting the following:

• high per capita income;
• active development of the economy; excellent ecology;
• pleasant, mild climate;
• amazing nature;
• high level of social security;
• low unemployment;
• excellent conditions for recreation; favorable conditions for opening and running your own business;
• the tax rate is one of the lowest in Europe (12.5%);
• high investment attractiveness of cities;
• flexible price range of real estate objects.

The most popular destination for buying a home is Dublin, the capital of the country with a high standard of living. Apartments and houses in the vicinity of the city are popular here, which indicates a high demand for rentals. The largest cities of Cork, Belfast and Dublin are characterized by increased purchasing power, a well-developed rental market and a commercial real estate segment. There is also a constant demand in the rental property market in such resort areas as, for example, Kenmare.

The most profitable commercial real estate in Ireland can safely be called pubs and pubs. The average cost of such real estate is twice as much as a regular house, and investments in this industry are valued much more than in residential real estate. The yield of commercial real estate in Ireland is 7-7.5% per year.

The cost of real estate in Ireland

According to the World Property Journal, the average cost of apartments and houses in Ireland is 299,093 euros. The average property price in Ireland (typical city apartments) is:

• in Dublin - 415,117 euros;
• in Galway - 335,280 euros;
• in Cork - 318,380 euros;
• in Limerick - 240,655 euros;
• in Waterford - € 218.866.

Types of property for sale

Potential investors can choose from the following types of property in Ireland:

• residential (apartment, house, flat, villa, duplex, mansion, townhouse, etc.);
• commercial (shopping space, office space, warehouses, garages, etc.);
• land.

Real estate site in Ireland

The GEOLN.COM real estate website with a convenient search interface helps investors to find and buy residential real estate in Ireland. The current catalog of real estate in Ireland is presented there. On the site you can choose apartments according to the necessary parameters without intermediaries and take advantage of the advice of specialists.

Buying property in Ireland by foreigners: the nuances of investing

Buying property in Ireland for foreign investors is not difficult. The purchase process begins with the conclusion of a preliminary contract, then a security deposit is made, the process of checking the property for the absence of debts or other obligations and the preparation of related documents in state bodies takes place. The contract is signed after completion of all checks and obtaining a loan (if necessary).

Only citizens of the country or the European Union can buy property in Ireland without any restrictions. Other buyers are subject to certain restrictions. Thus, a non-resident can acquire no more than 2 hectares of land in his ownership. When buying land in the country, you must obtain permission from the relevant ministry. Permit not required for: Irish citizens, citizens of the EU and the European Free Trade Association, and people who have lived in the country for more than 7 years.

We suggest that you seek qualified assistance from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of objects according to individual parameters, provide a comprehensive service to support the safe execution of a transaction. Buying and selling real estate in Ireland is carried out by professionals with many years of experience.

Buying property in Ireland is a profitable investment that guarantees income for investors looking for a calm, comfortable lifestyle, mild climate, civilized neighbors and the absence of economic and political upheavals.

Property in cities of Ireland

• Dublin
• Kilcock
• Wicklow