Ireland’s emerald landscape is dotted with historic rural estates, thriving farms and fine castles, many of which date back to the 13th century. These substantial properties are ideal for international buyers seeking peace and privacy – as well as an investment.
Often remaining in a single family for generations, the most substantial estates rarely come up for sale – last year there was nothing new launched onto the market in excess of 400 acres, according to James Butler, director, Savills Ireland. “But this year is a good time to be looking – we have four available of that size,” he says.
Such estates are popular with Irish investors who are based abroad, but looking to purchase a property in their homeland, Butler says. “Typically they will have Irish ancestry within two or three generations and, with a successful career overseas, are seeking to spend some of their accumulated cash on an Irish estate. Land has always been a popular investment here.”
Yet the diversity of prospective purchasers has increased dramatically in recent years, with current interest from mainland Europe, North America, the Middle East, South Africa and Australia.