Foreign investors are returning to Ireland

Foreign investors are returning to Ireland

Foreign investors are interested in Irish real estate, which fell significantly during the global financial crisis. Home prices in some areas have decreased by 40%-50% in the last five years, according to Irish Examiner.

Most of all, the property in Ireland is interesting for British investors, who like low prices and convenient traffic. In this case, the cost of housing in some Dublin areas began to grow in 2013 (approximately 0.5% compared to last year). According to recent studies, the prices have stabilized in the Irish capital, and elsewhere have fallen by 6%-10%.

The biggest demand in the real estate recorded in Cork and Wexford in southern Ireland, where traditional cottage with two bedrooms costs less than €50,000.