Any insights on Irish real estate? (Dublin)

P

pinetboltz

it started (as with many things) with an ad

i was curious enough to click into it, and was pleasantly surprised that the Dublin real estate market still seems reasonably priced, especially in US dollar terms now that the euro has reduced in value considerably

so based on cursory analysis, it seems Dublin is an attractive buy given a few considerations
- their market seems priced ok compared to London, etc, and they are english speaking (not adventurous enough to venture into elsewhere really for something like real estate)
- in dollar terms, the euro pricing is like a discount on top of everything
- seems like a relatively straightforward process for American investors
- looks like a safe and stable place to buy (limited downside)
- could be a good location to fly to a couple times a year, etc, and once you fly into Dublin/ or any major European city, the intra-Europe flights are a good deal

maybe it's also because the ad also featured such awesome photos lol, especially compared to the 1930s prewar refurbishments in nyc going for much more (yeah no)

any of you europeans have insights on the irish real estate market right now? what are some drawbacks/ little known downsides of Dublin?
 
They have a housing affordability crisis. Government is bound to put on some socialist leaning policy to stomp price growth.

If you just want something for personal leisure and not looking to maximize investment profit, go for it.
 
xandman said:
They have a housing affordability crisis. Government is bound to put on some socialist leaning policy to stomp price growth.

If you just want something for personal leisure and not looking to maximize investment profit, go for it.
More...

point taken, i was just kinda surprised by how low their price per square meter is right now, and was wondering if there was more to the story that the locals/ europeans knew

but then who knows, maybe a good deal is a good deal

about 10 years ago, the guy i worked for at the time bought a unit in tribeca in what seemed like a sedate neighborhood, but then afterwards the area took off, even celebrities jumped in lol
 
You must log in or register to reply here.
Back
Top