‘You feel it is inflating property values’: south Dublin homes targeted by rich Chinese buyers

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Surge in applications from Chinese multimillionaires to live in Ireland coincides with increase in live streamed viewings of Dublin properties

Real estate agents working in south Dublin said it was not just Chinese buyers who were bidding strongly for homes in popular south Dublin suburbs. Photograph: Dara Mac Dónaill

Chinese representatives who view potential homes for wealthy clients in China have become a feature of showings of medium-to-high price homes in south Dublin, in some instances live-steaming viewings back to their clients on the other side of the globe. Houses priced at between €600,000-€800,000 are the “sweet spot” for Chinese families wanting to move here, said Guangqian Yu, owner of the Vanke Ireland agency on Fitzwilliam Square, which specialises in advising Chinese clients on buying Irish properties.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PROPERTY

Property Property Latest News, Property Property Headlines