Year after year, Dublin attracts holidaymakers upon holidaymakers to its streets. They are drawn to the Irish capital’s rich history, the literary figures that haunt its streets, and of course, its pubs. For those looking to purchase a second home in Ireland, there is plenty of profit to be made by renting out a property in Dublin.
The newest property market data shows that prices have risen by 2.4% in the last quarter. But year-on-year, prices are down by 0.5%. Moreover, the data is different across Ireland. With property prices down in Dublin by 0.6% compared to a year ago, while Connacht/Ulster has seen a 0.6% increase.
While the property market in Ireland has been in the news recently in relation to high property prices, the Ireland housing index revealed that residential home prices actually decreased in January of this year.
The Emerald Isle is renowned worldwide for its beautiful countryside and welcoming locals. For those thinking about investing in Irish property or even considering a move across the Irish Sea, you’ve come to the right place.
