1. Ireland is a hotspot
Dublin takes third place as the most desirable place to invest in Europe, after Lisbon and Berlin. No surprise when you consider the city’s tech growth, attracting giants like Google, Facebook, Accenture and more.
2. Irish market is stable with low risk
Ireland’s political and economic are stable with low crime rate, transparency legal system, and few natural disasters.
3. Excellent yields
The Irish properties offering the best rental yields are small apartments located in Dublin. The earning gross yield of 7-10 percent.
4. High quality of Irish construction
The Irish government is always insisted on strong supervision of construction. Georgian houses are still in good condition. These kind of houses are old (hundreds of years), but it is precious and highly in demand.
5. Diversification of Irish property investment
Ireland properties can be divided into many types, such as detached, semidetached, terrace and bungalows, etc. This provides a variety of different
investment choices.
6. Freehold or leasehold
The 2 types of property ownership in Ireland are leasehold and freehold. Leasehold in a property means that you own just the building and not the land it is on and that your ownership is for a fixed number of years. Normally is 500-999 years. Freehold in a property means that you own the land and buildings (if any) outright. There is no period of years attached to the ownership and there is no ground rent to pay.
7. Moderate taxes and capital gains
Another factor that makes Ireland an attractive investment option is its moderate capital gains taxes, and moderate taxes on rental income. Capital gains tax is charged at a flat rate of 33 percent.
8. Low interest rates
Irish interest rates are 3-4%. If sustained, these low rates are expected to result in banks reducing existing fixed-term interest rates on mortgages.
9. Language, culture and education advantages
Ireland is an important international tourism country and business centre. As one of the most advanced countries in the world, Ireland has excellent education system. It is very important for student who want to come to Ireland. The best choice for student study abroad is to invest and buy a property in Ireland, which allows their children to have a stable, safe and comfortable place to live in a foreign country.