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Irish Real Estate is Star Performer in Europe

Five-Star Images by Kelvin Gillmor
Five-Star Images by Kelvin Gillmor
Five Star Images by Kelvin Gillmor

The attraction of prime real estate in Ireland to foreign investors and institutional funds is likely to continue amid ongoing uncertainty over Brexit. Overseas investors were behind a record 70% percent of high-end luxury residential and commercial property purchases over the last 18 months, underscoring a growing demand for high-value real estate at a time of low-interest rates and a stable Irish economy.

Indeed, recent property transactions confirm that Ireland is high on the priority list with five of the top 10 investors in Europe. A recent report reflects the growing pressure on stellar cash-rich investors to diversify away from the bond markets. Most of the overseas pan-European funds are comparing Irish opportunities favourably with assets around Europe