Dollars were the big bucks buyers in Irish country homes 2022, but the wealthy and returning Irish put it up to them too

The US buyer was the standout performer in this particular segment of the market, which proved strong in Cork, writes RoseanneDe Vere Hunt
Dollars were the big bucks buyers in Irish country homes 2022, but the wealthy and returning Irish put it up to them too

The Drpspey Castle Estate was the big country seller in 2022, going for almost twice its €2.95m AMV

THE country homes market in 2022 has seen a continuation of the excellent trading conditions that swept in since the pandemic, and demand remains strong with a lack of supply to meet it. Market activity has been fast-paced and often highly competitive, with properties remaining available for a far shorter time period than previously seen. Of particular note is the fast-growing access to speedy broadband and improved tech connectivity, allowing families to have a different relationship with how they use their rural home.

The standout performer for 2022 was the international buyer and predominantly the US buyer. Visits to our website from US visitors rose by 42% year-on-year. The US buyer has been spurred on by the strength of the dollar, making a purchase in euro very attractive.

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