Ireland
Real Estate News

Dublin Tenants Pay 17 Percent Rent Premium for Homes Located by Light Rail Stations

Dublin Tenants Pay 17 Percent Rent Premium for Homes Located by Light Rail Stations

According to new research from Daft.ie, residential rents for properties close to Ireland's light-rail DART train stations and Luas stops rose by 3% to an average of €1,770 per month in the first three months of 2018. Read More »


Dublin Home Prices jump €145,000 in Five Years

Dublin Home Prices jump €145,000 in Five Years

According to the latest Ireland House Price Report released this week by property website Daft.ie, Ireland home prices nationally rose by 2.5% during the first three months of 2018. Read More »

Demand Spikes for Properties Qualifying for Government Mortgages in Ireland

Demand Spikes for Properties Qualifying for Government Mortgages in Ireland

According to Ireland property website Daft.ie, searches for properties that qualify for the new government-backed mortgages surged by over 9% last week following the Government announcement of the scheme. Read More »

Ireland Racked Up $2.8 Billion of Commercial Property Investments in 2017

Ireland Racked Up $2.8 Billion of Commercial Property Investments in 2017

According to global real estae consultant JLL, €2.3 billion ($2.8 billion USD) of Irish investment property traded during the year 2017. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated April 10, 2018 8:00 AM ET

Ireland Property News

According to the latest House Price Report released today by Ireland property portal Daft.ie, home prices across Ireland nationally rose by more than €20,000 ($24000 USD) on average during 2017.

According to Ireland property portal Daft.ie, three-bed homes in Ireland near the new Luas cross-city stops saw their values increase by 15% over the last year, compared to a 6% increase in similar homes near other rail stations.

The market with the most expensive premium office rent in the world is Central in Hong Kong (€323 per sq. ft) followed by New York's Midtown ($194 per sq. ft).

According to JLL, industrial lease deals in Ireland during Q3, 2017 totaled 407,904 sq. ft across 33 deals. This is a decrease of 42% in the quarter, and a 55% decrease compared to Q3 2016.

According to JLL, over $1.5 billion of Irish commercial properties have traded so far in 2017. While this is lower than 2016, last year was an exceptional year.

Over €770 million of Irish property was traded in the first 6 months of 2017. Although this is down from H1 2016, last year was an exceptional year.

According to the latest quarterly Rental Price Report by Ireland property website Daft.ie, residential rents in Ireland rose nationwide by an average of 13.4% in the year to March 2017.

According to global real estate advisory firm JLL, the amount of office space that has been occupied in Dublin in q1 of 2017 has totaled close to 550,000 sq. ft across a total of 40 deals. This is a steady level of take-up, and compared to the same period last year is up 11%.

According to JLL, just over $500 million of Irish property has traded in the first 3 months of 2017. Volumes were boosted by a few large transactions, with one deal greater than $106 million.

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.

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.

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.

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.

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.


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