Irish house prices showed a five percent rise during the month of August. Although this is a sign that the housing market is stabilizing, the average price for a residential property has fallen annually by 11.8 percent.

Overall the property prices in Ireland have fallen by almost 50 percent on average over the last four years, according to the Irish Central Statistics Office.

The most dramatic house price drops were seen in Dublin, where prices are now 56 percent lower than their highest level in 2007. In the rest of the country, prices are down by 46 percent.

Although the drop in property prices is shocking, it also give buyers a major boost. So now’s the time if you want to invest in a vacation home in Ireland.

In that spirit we decided to take a look at what you can get for $300,000 (€230,000) around
Ireland. We chose properties at random from Daft.ie and MyHome.ie.

Here are the results:

7 Oaklands Park, Ballyjamesduff, Co. Cavan
Recently built stand alone house with five bedrooms and four bathroom.

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4 Oliver Plunkett Hill, Fermoy, Co. Cork

End of terrace house with six bedrooms and two bathrooms. A short walk from the town center.
 

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63 Ath Lethan, Race Course Rd, Dundalk, Co. Louth

Modern red brick two-storey, four-bedroom detached house near the M1 motorway.


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Mimosa, The Gallops, Leopardstown, Dublin 18

Two-bedroom apartment (80 m² / 861 ft²) in facility with landscaped gardens and water feature, overlooking large open greens, mature trees, and the mountains.

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