One in three Irish Americans want to buy property in Ireland

Survey shows a home in Emerald Isle is a dream for many

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MOLLY MULDOON,

IrishCentral.com Staff Writer

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An Irish cottage in Adare, Co. Limerick

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IrishCentral.com Poll

Would you consider investing in property in Ireland?

Yes, I would love to own a home in Ireland

No, I think Irish property is still very overpriced

One in three Irish Americans have considered buying a house in Ireland at some point over the last ten years, a new IrishCentral.com survey has shown.

The survey conducted by Amárach Research/Irishcentral.com revealed that more than half of Irish-American retirees say they would consider splitting their time between the U.S. and Ireland.

The research showed that Ireland scored badly as a place to do business, however it ranked high when it came to hospitality and friendliness.

Over 1,000 people responded to the survey which was conducted over the St. Patrick’s Day holiday.  Ireland’s leading market research company Amárach have teamed up with IrishCentral.com to produce  surveys of  Irish Americans .

The results show that a mere 3 percent of Irish-Americans living in the U.S.  own property in Ireland but one third expressed an interest in purchasing a house in Ireland between now and 2019.

Over half of those surveyed said their main motivation for buying property in Ireland would be for a personal or family holiday home in the Emerald Isle.

Some 55 percent of women expressed an interest in buying property while  49 percent of men expressed a similar interest.

Over 60 percent of respondents said they would be interested in buying a “house”; 44 percent expressed interest in buying a “cottage”; while 23 percent were interested in investing in a “country house”.

Most Irish Americans would like to own a house in Galway, with 15 percent giving it first preference.
Cork and Kerry were next with 11 percent, and Clare, Donegal and Dublin each scored 9 percent.

Almost 60 percent of those surveyed said they location was influenced by their links to ancestral origins and heritage.

Some 55 percent would prefer to own a property in the rural over an urban location.
 

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