Ireland
Real Estate News

Residential Rents in Ireland Rise at Record Pace in 2016

Residential Rents in Ireland Rise at Record Pace in 2016

According to the latest quarterly Rental Report by Daft.ie, residential rents in Ireland rose nationwide by an average of 13.5% in the year to December 2016. Read More »


Dublin Enjoys 2.7 Million Square Feet of Office Leasing Activity in 2016

Dublin Enjoys 2.7 Million Square Feet of Office Leasing Activity in 2016

According to JLL, 2016 has been another strong year for office demand in Dublin, with 2.7 million square feet of office space occupied in the last 12 months across 232 deals. Read More »

Ireland Home Prices Spike 8 Percent in 2016

Ireland Home Prices Spike 8 Percent in 2016

According to the latest Ireland House Price Report released by Daft.ie this week, home prices in Ireland rose by an average of 8% during 2016. The rate of inflation in Dublin was 5.1%, below the national average. Read More »

Dublin Has Bulk of Government Qualified First Time Buyer Housing Schemes

Dublin Has Bulk of Government Qualified First Time Buyer Housing Schemes

According to Ireland property website Daft.ie, the bulk of new properties currently available that qualify for the Governments first-time buyers scheme are located in Dublin and Dublin's commuter counties. Read More »


Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated February 14, 2017 8:00 AM ET

Ireland

Irish real estate firms like JLL broadly welcome the business and property-related measures announced in Ireland's budget this past week.

According to Ireland property portal Daft.ie, the national average asking price for a home in Ireland in the third quarter of 2016 was €221,000, compared to €205,000 a year ago and €164,000 at its lowest point.

According to Daft.ie's latest property report, the Irish pay on average 2.6% more to live close to a secondary school. This translates into a national average of €5,600 (USD $6,273) more to live 100 metres from a post-primary school.

Irish Property Index continued to perform steadily, with overall returns of +3.2% in the second quarter of 2016. This is the 19thconsecutive quarter of positive growth.

According to the latest quarterly Rental Report by Daft.ie, Irish residential rents rose nationwide by an average of 3.9% in the second quarter of 2016. This is the largest three-month increase in rents since early 2007.

According to global real estate consultant JLL, €2.3 billion ($2.54b USD) of commercial property has traded in last 3 months in Ireland. Year-to-date total volumes now stand at €2.9 billion ($3.2b USD).

According to Daft.ie's latest Ireland House Price Report, home prices nationwide rose by an average of 6.3% in the year to June 2016.

According to JLL, Ireland's industrial take-up in the first quarter of 2016 was 550,233 square feet. This is 48% lower than take-up in Q4 2015 and 55% lower than Q1 2015.

According to the latest House Price Report by Ireland property portal Daft.ie, Ireland home prices rose by an average of 5.9% in the year to March 2016. The divide between Dublin and the rest of the country persists, with prices effectively stable in the capital.

According to Daft.ie, residential rents in Ireland rose nationwide by an average of 9.0% during 2015. This compares to an increase of 10.7% in 2014 and 6.7% in 2013.

Innovation, liveability and the capacity to reinvent characterize the most dynamic cities in their third annual City Momentum Index (CMI).

JLL's Irish Property Index continued to perform strongly, with overall returns of +6.2% in the quarter and +25.5% in the last 12 months.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.

According to Daft.ie, home prices in Ireland rose by an average of 8.5% during 2015. This national average hides a significant difference between Dublin.

For 2016, the UK commercial property market should be ready for some landscape changes. That according to James Roberts, Chief Economist of London-based Knight Frank.

Commuters living on the Dublin coastline pay the most for a property, with homes close to the Sandymount DART averaging €727,000.

According to the latest quarterly rental report by Daft.ie, residential rents rose nationwide by an average of 3.2% in the third quarter of 2015.

Dublin is suffering a major shortage in hotel rooms, and that it has an urgent need for an additional 3,000 rooms to satisfy current demand.


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