Houses for Sale or Rent in Dublin

Houses for Sale or Rent in Dublin

 

Dublin is an attractive location for any home buyer whether trying to get on the property ladder or seeking to upscale.

 

With vibrant and cosmopolitan city-centre neighbourhoods, seaside suburbs, and family-friendly communities a short car-drive from town, there are areas and price points to suit all tastes and pockets. Plus, as the capital of the country, you’ll be hard-pressed to find better shopping, theatre, and top music and national sporting events anywhere else.

 

All that said, if you’re unsure where to buy or how to get the ball rolling, we’ve got some considerations for you to keep in mind.

 

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Distinctiveness:

 

Situated on the sea and surrounded by gorgeous countryside, the Dublin of today is dynamic and diverse.

Over the decades, it has spread outwards with large suburban areas, generally complete with all necessary schools, shopping, social, and cultural amenities, now circling a vibrant city centre.

 

Smaller in size than many European capitals, Dublin scores high on character and charm.

Each area, whether it’s the hipster centres of Smithfield and Stoneybatter in the middle of the city or the picturesque and vibrant marina village of Malahide along the coast, boasts its own singular style. 

 

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There are quieter suburbs offering quality family living and a slower pace of life such as Ranelagh, with it’s beautiful Victorian period homes to the south and easy-to-reach Drumcondra to the north.

While recently rejuvenated areas such as Kimmage and Crumlin and outer suburban towns like Swords provide plenty of opportunity for savvy home-buyers.

 

Young Population:
 

Ireland has one of the youngest population in all of Europe, and Dublin in particular is an enticing place for students and young professionals to set up home. 

 

The city boasts several top-ranked universities including Trinity College Dublin (TCD), University College Dublin (UCD), Dublin City University, and the Royal College of Surgeons.

 

During the last recession’s recovery process, low corporate taxes also attracted many of the world’s biggest technology firms to the capital.

Google, Facebook, LinkedIn, Pinterest, AirBnB, and PayPal are just some of the many tech giants that now flank the redeveloped Liffey waterfront and provide thousands of jobs to the city’s young talent.

 

The area, nicknamed “Silicon Docks”, has become a hub of glass-fronted offices alongside modern apartment living and a truly global choice of cafes and restaurants.

 

 

Other nearby areas, such as Ringsend to the South and East Wall to the North may offer more affordable housing options and are still within handy walking distance of the tech world’s European HQ.

 

Also, if looking for an investment opportunity, picking up a property to cater to Silicon Dock professionals is certainly something worth considering.

 

RELATED: Find out where you can afford your dream home in Dublin

 

 

Transport Options:
 

If you don’t want to live or buy downtown or directly nearby, the outer areas of greater Dublin are well-connected via public transport.

 

The city centre tram known as the Luas comes approximately every 5 minutes during rush hour and has two lines.

The Green Line runs from Broombridge in North Dublin down to Bride’s Glen in the south, via the heart of the city. The Red Line runs from the busy intercity train station, Connolly Station to Tallaght in southwest Dublin.

 

Snapping up properties along these lines is a smart decision if you work in the centre or like to head in regularly to enjoy the culture and lively nightlife on offer. However, properties that are in close proximity to the Luas tend to have a few extra euros attached to their price tag.  

 

If your preference is to live further out, the Dublin area rapid transit (DART) train is an easy way of getting to the city centre.

Starting in Malahide or Howth it runs along the coast of the Irish Sea in north County Dublin southwards to Dun Laoghaire and even as far as Greystones, Co Wicklow. Alongside these services are commuter trains and area bus services.

 

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Property Prices:
 

As the country’s capital city, Dublin is the dearest place in Ireland to buy property. That said, there are bargains to be found.

 

Affordable hotspots for first-time buyers include Drimnagh and Saggart on the Luas Red Line, or the revitalised area of Crumlin, which is closer to the city.

 

Drumcondra, Phibsborough and Grangegorman, with their traditional biscuit and red-bricked 19th century terraced houses are also beloved by would-be homeowners for their cost as well as their cuteness. 

Depending on whether you’re looking for an apartment or a house, property can be found here between the €180,000 and €350,000 price bracket.

 

And these areas are truly international too, which means there’s a vast and varied choice of restaurant cuisine from Nepalese to Nigerian.

 

But whatever environment and price point you’re looking for, we suggest you check out Perfect Match in Dublin to help you get a lay of the land – and your bank balance.

 

 

Mortgages:

 

This brings us to mortgages. Before you buy anything in Dublin, it’s important to make sure you have your home loan approved.

 

Under post-recession rules set down by the Central Bank of Ireland first-time buyers are expected to have at least 10% of their property price. Those already on the property ladder will need to cough up a 20% deposit.

 

First-time property buyers may also avail of the Help-to-Buy (HTB) scheme, which runs until 31 December 2021, unless otherwise extended. This is an initiative that offers tax refunds of up to 5% or €20,000 on buying a newly built home.

 

RELATED: The ultimate first time buyer checklist

 

 

The Buying Process

 

Once you have mortgage approval secured, buying a property in Dublin, and elsewhere in Ireland, is relatively straightforward.

 

But it can be a lengthy process, and registering with an estate agent in the area you want to buy is helpful. You can find the best estate agent for your needs on our comprehensive agent finder here.

 

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In terms of costs, it’s important to ensure you’ve budgeted for a solicitor to manage the legal aspects of the sale too.

 

In addition, all residential home-buyers have to pay stamp duty. This is calculated at 1% of the selling price of any property up to €1m, and 2% for pads priced above €1m. 

 

As Ireland’s capital, government and foreign investment funding continues to be injected through initiatives and projects that energize and enrich the quality of life and culture of the city.

 

As a result, it presents an attractive lifestyle for singles, families, retirees, and young professionals alike.

 

And truth be told, Dublin has weathered many storms from the 1980s recession to the property bubble collapse of the late 1990s, and now the COVID-19 crisis.

 

But it’s a resilient city that is fully committed to the idea that after hard times come the good times, and… if it’s one thing all Dubliners know, it’s how to have a good time!