Excellent yields on small apartments in Dublin ?
Gross rental yields on apartments remain excellent in Dublin, in certain areas and for certain sizes. Across the range of apartment and house sizes, Dublin city centre and around its north inner city ring road earns the best returns. The Dublin residential property market is characterised by a chronic lack of supply in affordable city centre accommodation which is driving price and rental inflation.
As the capital city of Ireland, Europe’s fastest growing economy, Dublin’s residential market is increasingly on the radar of investors from all over the globe. Dublin is a lively and positive looking city, and home to the European Headquarters of many of the world’s leading companies including Google, Facebook, Twitter, LinkedIn and Microsoft to name just a few. Dublin’s success in attracting these companies is a reflection of the wider success the city has had in positioning itself as a leading global business and financial hub within the EU
Dublin’s real estate market is increasingly on the radar of international investors.
“Deutsche Bank acquires Dublin’s Westend Retail Park for €148m”
“US property group Heitman pays €52m in deal for 214 Dublin apartments”
“German fund Patrizia acquires €52.5m docklands development”
“German company Union Investment pays €190m for newly built Dublin office asset”
“Swiss Life Asset Managers’ fund makes €27m Dublin purchase”
World leading tech companies are expanding at pace in Dublin
Positioned at the natural gateway to Europe, Ireland has become a key location for many of the world’s top tech multinationals including Google, Intel, Apple, Microsoft, Facebook and Oracle. As a result, Ireland’s reputation as a centre of ICT (Information & Communication Technology) and software excellence is unrivalled in Europe
- 1st in the world for high-volume foreign direct investments
- Ranked 4th in Forbes Best countries for Business
- 12.5% corporation tax
- Young workforce with 1/3 of population under 25 years old
- Ranked 2nd most competitive economy in the EU
“HubSpot takes a 20-year lease of new building on Dublin’s South Docks”
“Ireland named best country for high-value FDI for sixth year in a row”
“Facebook and Google to the fore in year of capital’s monster property deals”
Dublin rents to rise 17% by 2021 due to lack of supply
Dublin has one of the Highest Rental Yields in Europe at 7% – 8%