Investors shelled out almost €1bn on second-hand Irish homes in 2021
Institutional investors and real estate firms snapped up one in ten second-hand homes in this country, amounting to more than 4,500 properties
Property investors spent nearly €1 billion buying second-hand homes in Ireland last year.
Institutional investors and real estate firms bought one in ten second-hand homes, more than 4,500 properties, in a section of the market typically targeted by first-time buyers because property prices can be cheaper than new-builds.
The sales details were outlined in a memo prepared for Paschal Donohoe, the Minister for Finance, as part of the government’s efforts to determine how significant the ...