The Sunday Times advert
Our advert in The Sunday Times move section showcasing some of our most recent listings. All of our properties can be viewed virtually and we can also arrange a viewing on any of our properties on request.
Impact of Covid-19 on the landlord tenant relationship
For over ten years, the Dublin residential rental market was a landlord’s market for many reasons: A strong economic recovery; Unprecedented number of jobs created in Dublin supported by foreign direct investment in the tech ecosystem; Complete lack of any new apartment building for nearly a decade. This is a classic supply and demand mismatch.…
Our Year in Review: Dublin property market 2020
2020 has been a rollercoaster year for the Dublin Residential Market with COVID-19 having a profound impact on the property market and indeed our very way of life. It has also caused many people to rethink their living and working habits. The start of 2020 was very encouraging after a flat end to 2019. The…
Advice for first-time buyers
Owen would always advise that step one is to first speak to your bank or a mortgage broker to get an insight into exactly what is involved in making a mortgage application. The benefit of using a mortgage broker is that they can shop around for you and will get you the best mortgage deal.…
Q1 2020 Residential Market Review
ur Q1 2020 Residential Market Review showed a promising start to the year prior to the Covid-19 crisis. Selling prices were on average 2% above asking at €437,435. Owner-occupiers accounted for 70% of buyers building on the second half of last year. 65% of our vendors were landlords exiting the market, so the amount of rental accommodation continues to deplete. 65% of our buyers are Irish and the number of Asian buyers continued to increase at 17% up from 13% in Q4 2019. Since the start of the crisis, 30% of our sales have fallen through and the number of new listings is down 82% compared with the same period last year.
Our average rental is now €2,456 per month, up 1.4% compared with Q4 2019. This quarter we saw a significant increase in tenants from America and India. Only 18% of our tenants across Dublin are Irish. 66% of our tenants are working in the technology sector.
Covid-19 has effectively frozen the residential property market and the Irish economy. It is too early to estimate what the overall impact will be on the economy and in turn the property market. Time will tell!
Portobello Residential Report 2020
Some of the more interesting data from 2019 for this sector include: Average asking price was €615,382. Average price per sq. ft. was €547, up 3% on 2018. Different tiers of the market are performing very differently with average selling versus asking price up 1.4%. Selling times were longer and we are increasingly dealing with…
The Docklands Residential Report 2020
Today we have released our annual Dublin Docklands Residential Report. Some of the more interesting data from 2019 includes: Average selling price was €483,875. Average price per sq. ft. was €623, down 3.85% on 2018. Prices up to €400,000 are up 2.4% and prices above €700,000 are down 3.8%. Different tiers of the market are…
Dublin Market Review Sept & Oct 2019
We have released our September & October data which confirms that across Dublin our selling prices were 1.2% above our asking with an average price of €558 per sq.ft. during this period. Average rental now stands at €2,253 per month and 65% of our tenants are working in the technology sector. Link to…
Docklands Review up to August 2019
Data from our transactions up to the end of August show a steady performance by the Docklands residential market compared to other Dublin regions. Price inflation has cooled with selling prices 1.6% above asking prices compared to 4.1% in 2018. However it is still growth! 50% of our buyers are now owner-occupiers though investors are…
Dublin Market Review up to August 2019
We have released our Dublin Residential market report and our Dublin transactions up to the end of August show our selling prices are 2% above our asking prices. 66% of our buyers are owner occupiers, where 64% are Irish and only 53% require a mortgage. In the rental sector our average rent per month is…