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Described as ‘young, vibrant and distinctly Irish’, Galway is one of the most popular places for people to buy property in Ireland. This is a student town, known for sporting teams, live music, and culture. In fact, in 2020 it will be a European Capital of Culture, in addition to its current status as a European Region of Gastronomy. Step back in time with an Irish holiday home in Leighlinbridge, located on the banks of the River Barrow. This lovely village is known for its winding streets and ancient ruins. There is a 14th century bridge still in perfect working order, and the Leighlinbridge Castle ruins date back to Norman times.
Some may even consider the idea of buying a second property for personal use as a holiday or weekend home, providing an escape to the coast or countryside whenever the mood takes them. Once the sale is complete, you’ll need to register your deeds with the Irish Land Registry. This process can prove quite lengthy and can range from just a couple of months up to a couple of years.
How to buy property in Ireland: Your six-month plan
The town is a popular spot with tourists, so you’ll find great shops, pubs and options for dining out. Perhaps the town’s most scenic spot is Donegal Bay — keep an eye out for the seal colonies on the shoreline and birds of prey circling overhead. Ranelagh is an upmarket suburb full of peaceful residential areas and lovely parks. It’s a popular spot with executive families who enjoy a nice place to grab a bite to eat, just a short 10-minute bus ride from downtown. Dublin is divided into 24 postal districts, which are all numbered. Odd numbers are located to the north of the River Liffey, while even numbers are located to the south.
For walkers, you have access onto the Dingle Way, with a 179km trail around the peninsula. You can enjoy exploring Barna Woods, and walks along Silver Strand, one of Galway’s most popular beaches. From the village you can see the Burren Hills of County Clare in the distance and on a good day you can see across the water to the Aran Islands. County Sligo Golf Course is nearby, and affords players spectacular coastal views as you play. Strandhill is another popular coastal village in County Sligo, especially with surfers, golfers and lovers of a good pub.
What’s the property market like in Ireland?
You should ensure that you have enough to cover all the costs involved in buying a home, for example, mortgage costs, legal fees, insurance and stamp duty. The amount of money you can get as a mortgage loan, and the amount you need as a deposit are governed by Central Bank lending limits - see Taking out a mortgage for details of these rules. The CCPC has a budget planner that you can use to see how much you can afford each month. The exchange rate never stops moving – you’ve probably seen the up-and-down graphs of pound to euro before (even more so now with Brexit!). We always recommend our readers use a dedicated currency broker, rather than a bank.
There are National Parks, world-famous hiking trails like the Wicklow Way, The Kerry Way and The Wild Atlantic Way . No matter what city or town, there will be a number of hiking trails to explore without having to venture too far. Once we receive contracts, we read the title and raise any queries regarding it with the solicitors acting for the vendor. It is advisable for you to retain your own architect or surveyor to carry out a structural survey of the secondhand house, and you should deal directly with your Architect or Surveyor in this regard. If you are a first-time buyer of a secondhand house read our guide below. If you’re buying in a couple, both of you need to be buying for the first time to qualify for this deposit.
Lessons We Learned Renovating Rental Property Overseas
County Dublin is one of the best places to buy a house in Ireland for those moving in pursuit of career opportunities or for whom proximity to the UK is vital. The area is well-connected by road and train with the rest of the country, and has excellent links with the UK, the USA and mainland Europe. As Ireland’s cultural capital, there’s plenty to keep art, history and literature lovers entertained, in addition to world-class bars and restaurants.
If you’ve moved for work and are receiving a housing subsidy, this is an excellent option to suggest. Check out District 4 favourites Ballsbridge, Donnybrook and Sandymount for convenience, large family homes and good restaurants. All of these neighbourhoods are safe, affluent and well-connected to downtown Dublin by bus. You can walk anywhere in the centre in half an hour, WIFI is free on all the buses, and you are in easy reach of the seaside and the mountains. Plus, given Ireland isn’t enormous – no part of the country is off-limits for all those weekends away you’ll be enjoying.
This is a handy resource which can help you establish how much the property will cost to run. This will outline cost effective suggestions on how to improve the home’s energy rating. The ‘Big House’, as stately homes in Ireland are largely known, is a grand mansion, often built by Anglo-Irish aristocracy.
Because an EBS Mortgage Master knows the mortgage process back to front – they know that that extra few bob really counts in the final moving in stage. You’ll also need to budget for the cost of taking out home insurance and life insurance. Land Registry fees - €400 for properties up to €50,000, rising to €800 for properties worth €400,000+. There’s also a mortgage fee of €175, and a €40 fee for a certified copy of the title plans. You can also move to Ireland for a short time before you purchase your property. Lenders may prefer you to have a track record of living in Ireland for at least six months, and working there for at least 12 months¹³.
Also, if the home you’re considering has been purchased since 2010, you can see how much the previous buyer paid for it on the PSRA’s Residential Property Price Register. The Dublin Corporation (‘the Corpo’) was a prolific housebuilder in the 1920s and 30s. It built to standardised designs of two- and three-bedroom homes. Relatively spacious, many still survive today as Ireland remained more or less neutral in the wars of the 20th century and so didn’t experience the bombing of many British cities.
Many fell victim to demolition in 1919–1923, but there are still a great number dotted around the countryside. A lot of their original owners sold them in the 20th century and you’ll still find some coming up for sale nowadays. Although most go for many millions, you can surprisingly find some stately homes for just €700,000. The Victorian “workers’ cottage” can be found in all Irish towns and cities. As in the UK, these are largely redbrick homes of a single room’s width, often connected directly to the street. Smaller than many other home types, they’re nonetheless often located in convenient sites within easy reach of the town or city centre.
Talk to your agent today about the Daft Advantage and get 3X more views and enquiries for your property. Your EBS Mortgage Master doesn’t like any messing or fussing, either. That’s why you get your EBS 3% Back in Cash mortgage offer straight into the current account used to pay your mortgage by direct debit.
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