One of the biggest stumbling blocks for anyone hoping to buy in Ireland at the moment is the deposit.
With rents rising by the month, keeping all your basic bills covered can be a challenge so stacking away upwards of €30,000 requires some serious sacrifices.
Daft.ie has just released its latest report on the housing market across the country and there’s some very interesting info in there for anyone planning to buy or sell a property over the next few months.
One of the most intriguing is the breakdown of the average asking price in each county in Ireland, which gives a snapshot of how much you’ll need in the bank before you apply for that mortgage.
First-time buyers are now required to save 10% of the property’s value as a deposit so if you’re about to buy your first home, here is what you’ll be shelling out…
Munster
Clare – €16,549
Tipperary – €16,295
Co Cork – €20,668
Cork City – €25,620
Co Limerick – €17,086
Limerick City – €17,720
Kerry – €17,968
Co. Waterford – €20,473
Waterford City – €15,886
Connaught
Co. Galway – €18,231
Galway City – €26,854
Leitrim – €12,388
Mayo – €14,562
Roscommon – €12,967
Sligo – €13,389
Ulster
Cavan – €14,913
Donegal – €14,522
Monaghan – €16,056
*Report does not include data for Northern Ireland
Leinster (ex. Dublin)
Carlow – €17,651
Kildare – €25,368
Kilkenny – €21,017
Laois – €16,430
Longford – €12,881
Louth – €21,008
Meath – €24,990
Offaly – €17,057
Westmeath – €18,402
Wexford – €19,753
Wicklow – €31,484
Dublin
North Co. Dublin – €30,246
South Co. Dublin – €56,344
West Co. Dublin – €29,707
North Inner City – €32,355
South Inner City – €38,727
City Centre – €29,964
READ NEXT: Renting In Ireland? You’re Now Entitled To These 7 Important Things
Topics:
RELATED ARTICLES
MORE FROM Lovin
MORE FROM Lovin
