The international buyer seems to be active again in the Irish property market. Speaking with agents across Ireland, the number of international buyers entering the market over the last number of months has increased.

This has led to a certain bounce back for the country home market. These buyers are reported to be from the UK, Europe and America.

The Brexit vote in June 2016 reduced the number of UK buyers in Ireland, in particular for country homes.

Brexit is having a noticeable effect on this market, with the UK buyers wishing to invest in the euro

This trend continued in 2017 and last year. The last six months, however, has seen increased activity across this market.

Certainly, since the turn of the year, demand and activity from the international buyer – in particular from the UK – has risen.

Reading between the lines, Brexit is having a noticeable effect on this market, with the UK buyers wishing to invest in the euro.

The accelerated interest seems to correlate with increased uncertainty as the British withdrawal date looms closer.

The market that has become active is for residential farms, on 20 to 40 acres.

European and American buyers are also in the market, as they had been throughout 2018 also

For international buyers, the most in demand price point is the €750,000-€900,000 price guides. The domestic market for country homes would see a higher demand for the lower-price points.

However, it is not just UK buyers that have been active since Christmas. European and American buyers are also in the market, as they had been throughout 2018 also.

It will be interesting to see how this market continues to play out after Britain’s proposed withdrawal from the EU on 29 March.