2021-11-08-莱坊-Dublin_Residential_Market_Analysis_for_International_Investors_8页_6mb

Dublin's residential market is attracting significant international investor interest due to Ireland's fast-growing economy and a population boom. Key drivers include a low unemployment rate (4.5%), high corporate tax revenue, and a highly educated workforce (33% under 25, 56% of 30-34-year-olds have degrees). The city's tax-efficient investment options, such as the Qualifying Investor Fund and Immigrant Investor Programme, further enhance its appeal. Dublin's strategic location, educational institutions, and lifestyle factors (e.g., literature heritage, golfing, horse racing) contribute to its attractiveness.

The market is characterized by a chronic supply shortage, leading to price and rental inflation. While prices have recovered 92% post-GFC, they remain 23% below their peak. Supply issues are exacerbated by reduced mortgage availability, with the Central Bank implementing prudential measures. First-time buyers now account for a larger share of the market (48%), reflecting a shift towards sustainable demand.

Ireland's population is projected to grow by 25.8% by 2080, with Dublin expected to capture the majority (38%) of this growth. Brexit-related relocations are also expected to boost demand. Against this backdrop, international investors account for a significant portion (70%) of property transactions.

Internationally, Dublin compares favorably across metrics like transaction costs and price per square foot (e.g., €10,000 for a €1 million property vs. higher costs in London and Hong Kong). Despite challenges like mortgage access, the market remains a viable opportunity for international investors seeking exposure to a dynamic European economy.