If your only plan for finding a bargain property in Ireland is to avoid central Dublin, you’ll need a quick heads up on the best locations to begin your search. Here are three counties where your euros should stretch a little further.
A move to Ireland needn’t cost you an arm and a leg – in fact, there are some beautiful locations in Ireland where property remains wonderfully cheap. Try these affordable locations.
Ireland’s northernmost county is a fantastic spot for securing a bargain home. When the economy collapsed, many Donegal locals upped sticks and moved to where the jobs were. As the population decreased, so did property prices. Although Donegal is rather remote, and lacks a big city, if you’re looking for a seriously peaceful retirement or holiday home, this could be the spot for you. For the lowest prices, look to the likes of Dungloe, Ardara, Gleneties and Gweedore. Areas such Rathmullan, Downings and Dunfanaghy are slightly more expensive, but benefit from more amenities and being more accessible.
This five-bedroom detached family home is set in an acre of landscaped gardens with stunning views of Mulroy Bay, Knockalla Mountain and the surrounding countryside. The spacious property is located down a quiet tree-lined country lane, has its own vegetable patch, garden shed and garage complete with workbench, loft space and electricity. Perhaps it could be transformed into the workshop you’ve always dreamt of? Although the property could do with a little sprucing up, it has bags of potential and is on the market for just €175,000 (£158,200).
County Leitrim is another affordable county, curling around many of Ireland’s most beautiful loughs and northern Atlantic coastline. There is a lot of dramatic scenery. The cheapest corners of Leitrim are to be found in the east, close to Cavan, around Carrigallen. Areas close to the Northern Irish border such as Carrick-on-Shannon, are growing in popularity with those who want to buy in Ireland, but who also wish to stay close to the UK.
Step back in time as you cross the threshold of this stone cottage, which has retained all of its original character and charm despite undergoing a significant renovation. The two-bedroom property is on the market for €129,950 (£117,400) and boasts a large garage, lovely private gardens and your very own pond. The property is located in the heart of the countryside, just 11 miles from Carrick on Shannon.
To the east of Leitrim you’ll find another wildly affordable county – County Cavan, which is around two hours’ drive from both Belfast and from Dublin. This is a very remote (but incredibly scenic) spot, with properties reportedly being sold at prices lower than their construction price – it’s the place to go for real bargains! If it’s breathtaking scenery you’re after, head to the west, to areas such as Bawnboy, Ballyconnell and Belturbet.
Cavan is a very remote (but incredibly scenic) spot, with properties reportedly being sold at prices lower than their construction price.
If you’re seeking the perfect location for adventure holidays, for peace and quiet to finally write that book, or a property to rent out to holiday makers – this bargain cottage in the woods could be just what you’re after. The cabin is set in a peaceful forest area, on the banks of the Shannon-Erne waterway. Although it’ll feel like you’re in the middle of nowhere, you’re just four kilometres from Ballyconnell and eight kilometres from Ballinamore.
The property is on the market for just €100,000 (£90,350), and you have the option of buying the property fully-furnished and of purchasing a mooring berth.
If you’re within a few months of hoping to buy a home in Ireland, call the Ireland Buying Guide Resource Team on 020 7898 0549 for help with your next move. We can introduce you to a trusted Irish lawyer or estate agent, or help you get a quote for your currency exchange. Call today, we’re here Monday to Friday, 8.30am to 6pm.
The Ireland Buying Guide takes you through each stage of the property buying process, with practical recommendations from our experts who have been through the process themselves. The guide will help you to: