Property Investment in Ireland as a Foreigner

​Frequently asked questions

• Can foreigners buy property in Ireland?

  Yes, foreigners can buy property in Ireland without restrictions. They can buy and sell real estate without restrictions, and rent it out.

• How much does an average house cost in Ireland?

  On average, 1 m2 of real estate in Ireland costs €4,400. Real estate prices depend on the property type and location. The most expensive real estate in Ireland is in Dublin, the capital, and other major cities like Cork and Galway. A two-bedroom apartment costs €500,000 in Dublin, and €250,000 in Galway. In smaller cities such as Sligo and Waterford, the cost of three-bedroom apartments is €115,000—170,000.

• Which county in Ireland has the cheapest property?

  The county of Leitrim is known to have the cheapest real estate in Ireland. The average house price here is €175,000.

• What taxes do I pay when I buy a house in Ireland?

  Buyers of real estate in Ireland pay a stamp duty of 1—2%.

  Property owners in Ireland also pay an annual tax at a progressive rate:

  • 0.18% of the cost for a property worth up to 1 million euros;

  • 0.25% of the cost for a property worth more than 1 million euros.

• Is Ireland a good place to live?

  Ireland offers a good quality of life with strong economic opportunities, particularly in sectors like technology, pharmaceuticals, and finance. The country has a well-developed education system, with universities such as Trinity College Dublin, and a public healthcare system accessible to residents. Its landscapes range from green countryside to coastal areas, providing diverse outdoor activities.

  Challenges in living in Ireland include a high cost of living, especially in cities like Dublin, where housing prices are among the highest in Europe. The climate is often rainy, with mild temperatures year-round. Despite these factors, Ireland remains a destination for those seeking economic stability and a secure environment.