The €1.7m starter home: How investment funds are inflating prices in Dublin suburbs

Mass purchasing of standard starter homes in Swords by a property investment vehicle has caused prices in the north county Dublin estate to spiral

Castleview in Swords: houses typically sell for €200,000 to €350,000. Picture: Fergal Phillips

In a quiet enclave of Swords, Co Dublin sits Castleview, a collection of around 250 family homes built in the early 2000s.

Nestled within the standard suburban estate are two rows of starter-homes which line either side of a cul-de-sac and typically sell for €200,000 to €350,000.

Earlier this year, a three-bed, end-of-terrace house on the row went for sale.

It sold for €1.7 million.

Nearby, another three-bed home in a different section of the ...