Real Estate in Cork, Ireland
Last updated on Jun 17, 2024
Summary: The average cost of a nice 2 bedroom home in Cork, Ireland is around €200,000, while a nice 3 bedroom home is around €250,000. These properties typically include modern amenities such as central heating, double glazing, and fitted kitchens. There are no restrictions on foreign ownership for properties in Cork. An expat should search for a home to buy in Cork by researching the local market, attending open houses, and consulting with a real estate agent. The most desirable neighborhoods in Cork include Blackrock, Douglas, and Bishopstown.
How do I find a place to live in Cork?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Cork is to search online for rental listings. Websites such as Daft.ie, Rent.ie, and MyHome.ie are popular resources for finding rental properties in Cork. Additionally, you can search for rental properties on social media platforms such as Facebook and Twitter. You can also contact local real estate agents to inquire about available properties. Finally, you can look for “To Let” signs in the area, which are often posted by landlords or property owners," said one person in Cork.
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What is a typical expat home or apartment like in Cork?
"Expat homes and apartments in Cork typically feature modern amenities and furnishings, with many offering stunning views of the city and its surrounding countryside. Many expat homes and apartments are located in the city centre, providing easy access to the many shops, restaurants, and attractions that Cork has to offer. Expat homes and apartments in Cork often come with a variety of amenities, such as private balconies, fully-equipped kitchens, and spacious living areas. Many expat homes and apartments also feature high-speed internet access, allowing expats to stay connected with family and friends back home," explained one person living in Cork, Ireland.
What is the average cost of housing in Cork?
If you are thinking about moving to Cork, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Cork varies depending on the type of property and its location. Generally, the average cost of a one-bedroom apartment in Cork is around €1,000 per month, while a three-bedroom house can cost up to €1,500 per month. Prices can also vary depending on the area, with more expensive areas such as the city centre and suburbs having higher rental prices," said one expat in Cork.
Should I buy or rent a home in Cork?
If you have not spent a lot of time in Cork, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Cork can be a great investment, as the city is known for its vibrant culture and strong economy. However, it is important to consider the cost of living in Cork, as well as the availability of housing, before making a decision. Renting a home in Cork can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more affordable in the short-term. Ultimately, the decision to buy or rent a home in Cork should be based on individual needs and preferences," said one person in Cork.
What do I need to know when buying property in Cork?
When we asked expats what advice they would give a foreigner before buying a property in Cork, they said:
"When buying property in Cork, it is important to research the area and the local market to ensure you are making a sound investment. It is also important to consider the local amenities, transport links, and schools in the area. It is also important to be aware of the legal requirements for purchasing property in Ireland, such as the need for a solicitor to handle the conveyancing process. It is also important to be aware of the taxes and fees associated with buying property in Ireland, such as stamp duty and capital gains tax. Finally, it is important to be aware of the different types of mortgages available in Ireland and to ensure you are getting the best deal for your circumstances," said one foreigner living in Cork, Ireland.
Are foreigners allowed to own property in Cork?
When we asked expats what advice they would give a foreigner before buying a property in Cork, they said...
"Yes, foreigners are allowed to own property in Cork. There are no specific restrictions on foreign nationals purchasing property in Ireland. However, they must follow the same legal procedures and requirements as Irish citizens, which include hiring a solicitor, obtaining a tax identification number, and securing financing if necessary. Additionally, non-European Union (EU) citizens may need to obtain permission from the Irish government if they plan to reside in the country for an extended period," said one expat in Cork.
What appliances are typically included in a rental?
We asked foreigners in Cork what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Cork typically include a refrigerator, stove, oven, washing machine, and dryer. Other common appliances may include a dishwasher, microwave, and vacuum cleaner," wrote one expat who made the move to Cork.
Additional Information about Searching for a Home in Cork:
We asked foreigners in Cork what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Cork often begin by browsing online property websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they might reach out to local real estate agents who have experience working with expats and can help them navigate the local housing market. Visiting Cork in person to attend open houses and view properties can also be beneficial, as it allows expats to get a feel for different neighborhoods and housing options. Finally, networking with locals and other expats can lead to word-of-mouth opportunities and potential housing leads," explained one person living in Cork, Ireland.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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