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Hotspots

Dublin

Property in Dublin is expensive even by Western European standards and it is predicted that the market is currently over inflated in the city and the price boom is due a correction in the near future. However, if you are prepared to gamble, property prices are still rising so an investment in Dublin could still be profitable.

Figures indicate that the price of resale property was up by 11% in Dublin for the first quarter of 2006 and that the current average price for a property is €395,000. The city is currently fashionable amongst young couples and individuals with a large budget.

Cork

Cork is Irelands second city and the property market is booming as is the case with Dublin due to the increased prosperity the country has been enjoying in recent years. There are a number of new apartments and town house developments being built in the city and this along with the fantastic scenery and wonderful coastline has led to house prices increasing by 11% on average for the first half of 2006.

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