Real Estate and the Emerald Isle
| March 17, 2015
It’s that one day of year where more and more people claim to be a little bit Irish. Impress your friends with some lesser-known facts about real estate in Ireland and Ireland in general.
- Over one-third of all the houses now standing in Ireland were built in the last nine years.
- Ireland’s Property Price Register shows that 42,484 houses were sold in 2014.
- In 2014, almost half of house sales were paid in cash.
- The average house price in Dublin is now over €300,000, while the average worker earns only €27,000.
- The standard commission in cities is 1.5–2.0%, while in small towns and rural areas commissions are 2–3%.
Other facts about Ireland:
- Ireland’s population—4.72 million in 2012—is still not as high as it was in 1841 at the beginning of the potato famine (6.53 million).
- Currently, there are 8 times as many people who speak Polish in Ireland as people who speak Gaelic.
- 25% of Europe’s computers are now made in Ireland.
- The Irish consumer drinks an average of 131.1 liters of beer per year—the 2nd highest per-capita consumption, after the Czech Republic.
(sources: various websites, which we hope are accurate!)
Happy St. Patrick’s Day, everyone!