REA Seamus Carthy advise strong demand from US buyers

REA Seamus Carthy advises that they undertook some market research into recent trends for those searching for property in Ireland. It emerged that with one UK website alone (rightmove.co.uk) searches for property in Ireland had increased by 26% since 2015. In total there were over four million searches for property in Ireland throughout 2016.

  These are staggering figures and Aishleen from REA Seamus Carthy states that this indicates the strong level of demand for property in Ireland from overseas. The majority of buyers are searching for houses as opposed to apartments and are cash buyers. The origin of these buyers is as follows – 

1: United Kingdom; 2: USA; 3: Ireland; 4: Spain

and 5: France.

  REA Seamus Carthy have a strong contact base of buyers from the UK and in recent years have held property exhibitions in a number of cities throughout the country.

  However, in order to tap into the 2nd highest searchers in the US REA Seamus Carthy travelled to New York in March 2016. Aishleen said: “We quickly became aware that there was a large US market that we needed to tap into and we therefore showcased Irish properties to US buyers in Fitzpatrick’s Hotel, New York.”

  “From this exhibition we created invaluable contacts and interestingly in recent weeks we sold high value properties in Roscommon to two American couples.

  “We believe that now is an important time to focus on these buyers again and REA Seamus Carthy are travelling to Boston this time and will be showcasing properties from Roscommon on the 23rd March, 2017.

  “If you are considering selling your property and would like to speak to us about our contacts in the US please contact us confidentially at our Roscommon Town office at info@reacarthy.ie or telephone 090-6630001.”