6 High-Potential Homes Under €25,000
With the average home in Ireland now costing more than €250,000, you’d be forgiven for thinking it’s impossible to purchase a property for just 10% of that amount.
However, not only is it possible, but with a keen eye and a willingness to do some work, you can get your hands on a gorgeous place that’s perfect for transforming into your own home.
To give you a taste of what’s out there, we’ve picked a selection of high potential properties for less than the price of a new car.
Escape to the rugged beauty of Co Mayo with this rural cottage situated approximately five miles north of Castlebar.
Nestled at the foot of Croaghmoyle mountain you can spend your days surrounded by the joys of nature – think heather-dappled bogs, expansive windswept mountains, bedraggled sheep and the unmistakable sound of a red grouse calling.
The cottage itself is in need of a full restoration and is for sale with the option to purchase up to 30 acres of hill land too.
Join the ranks of legendary piper Matt Molloy and Aussie rules star Pearce Hanley by taking up residence in their hometown of Ballaghaderreen.
This quaint 50sqm bungalow lies ideally within walking distance to shops, schools, sports facilities and pubs.
The building itself looks in solid order – so with a little work to spruce up the inside you could be living mortgage free sooner than you think.
They say that the Grand Canyon was formed when a Cavan man dropped a penny down a rabbit hole, but you’ll find nothing but lovely folks in and around the village of Belturbet.
That’s where this two-story fixer-upper is on the market for €20,000 – representing serious value in the right hands.
Nestled near the banks of the river Erne with numerous lakes in the vicinity this is one Ireland’s premier fishing destinations – perfect for the keen angler.
Fronting the main Limerick-Thurles road is this former licenced premises.
Although it looks rather forbidding now, with a little TLC this could be transformed into an incredible space.
With four bedrooms and a bathroom this is one of the larger properties you can buy for €25k.
Of course it needs a full restoration inside and out but there’s an old Guinness tap still installed, so you might get a few free 50-year-old pints if the pipes still work.
Back to Ballaghaderreen with this attractive little cottage gem surrounded by mature trees and sitting on ½ an acre.
It’s already hooked up to mains water and electricity and comes with planning permission for a septic tank.
Located down a quiet road, this property would be ideal for somebody looking to get away from it all as there’s ample space to cultivate your own veg patch and keep chickens too.
Hollymount lies halfway between Ballinrobe and Claremorris and it’s there you’ll find this old 2-bed 1-bath farmhouse sitting on around 1 acre of land.
The surrounding garden has been cleared and is ready for redevelopment into a Diarmuid Gavin style masterpiece.
Hollymount itself is a charming village – with a couple of pubs, a shop, a community centre, a petrol station and GAA pitch. Everything you need to enjoy a relaxing country lifestyle.
Sure, most properties under €25k will require a good deal of love and attention, but even when you factor in renovation costs, you’ll still likely be getting a real bargain when all is said and done.
Hopefully these properties examples gave you some inspiration. But if none of them took your fancy, keep an eye on all properties for sale under €25k across Ireland to find your ideal match.
Also, check out our Hidden Gem search tool, you can choose the property condition to save time looking through a load of properties that don't need meet your needs:
Alternatively, If you're looking to do some work, or want the possibility to extend in the future, check out all our high potential homes.