Thinking of buying a holiday home on Ireland's southern or eastern coast? Here is a rough run-down of prices for holiday homes in 2012. Please note the “alternatives” mentioned – these are residential properties outside the classic “holiday home” description, but might be a viable alternative as a base for holidays. They might also fare better as to re-sale value.
Cork dominates the Irish south-west, and due to the massive size of the county there are also price differences reflecting the location and infrastructure. The latter can be a problem in some areas. The northern part of County Cork is not a tourist area as such.
The average price of a holiday home in East County Cork should be around 80,000 to 85,000 Euros. The western part of the county is “Holiday Central”, reflected by an average price of 160,000 to 170,000 Euros for a holiday home.
As an alternative, you might consider buying an apartment, this will be slightly cheaper in East Cork and a real bargain at around 70,000 to 90,000 Euros in West Cork.
Are there holiday homes in County Dublin? Yes and no - there are nearly no special developments similar to those in other "tourist counties" and most visitors to Dublin prefer to rent. On the other hand it might not be impossible to lay your hands on a cottage or small apartment which you might use as a pied a terre if visiting the Irish capital. Here are some ideas:
- Cottages in North County Dublin, many of them near the east coast, are selling for 170,000 Euros.
- Small cottages in Palmerstown and Chapelizod may be snatched up for 100,000 Euros.
- Some small cottages in Dublin 3 (just northwest of the inner city) sell for 135,000 Euros.
- Fairly small cottages in Dublin 6 (south of the city) sell for 160,000 Euros.
- in South County Dublin, cottages are on the market for 270,000 Euros.
- All over County Dublin apartments start at below 100,000 Euros.
Ireland's smallest county, wedged between Meath and Northern Ireland, is not one of the classic holiday areas. Thus holiday homes are rare in Louth, but as an alternative, you may consider buying an apartment at around 55,000 to 85,000 Euros. Near enough to Dublin and Belfast, as well as to the Mourne Mountains and Royal Meath. Just don't expect a quick profit, if you are looking for an investment.
Firmly entrenched in Dublin's commuter belt, County Meath has not been a county known for holiday homes – few are available. The alternative would be to go for a small apartment at around 80,000 Euros.
With some very nice locations on the south coast, County Waterford has been a holiday favourite with domestic visitors for ages. This popularity is reflected in the comparatively small number of holiday homes on the market. And the price for which they still sell.
The average price of a holiday home in County Waterford will be around 170,000 Euros.
As an alternative, you might think about buying an apartment - at around 40,000 Euros you can already call a new 1-bedroom unit your own, another bedroom adds 15,000 Euros to the price.
Ireland's sunny south-east guarantees the best Irish weather and is just a modest journey from Dublin. Rosslare Harbour provides links to the UK and France. It is no wonder that County Wexford is popular with tourists.
The average price of a holiday home in County Wexford still reflects this, hovering around 120,000 Euros.
As an alternative, you may consider buying an apartment or even house at around 90,000 to 100,000 Euros.
Being on the doorstep of Dublin, County Wicklow is popular for weekenders as well as longer stays. Most holiday homes can be found in the southern part of the county.
Their price reflects their easy accessibility – expect to pay around 200,000 Euros for a modest cottage.
At this price, you will also get a modern house in an urban setting ... while an apartment will set you back about 150,000 Euros.
Holiday Homes in Other Areas of Ireland
Here is a rough run-down of prices for holiday homes in other areas:basic guide on how to buy property in Ireland ...