Ocean Living: Remote working adds to coastal property appeal
A chalet called Laguna, near the hotel and beach on Inchydoney Island, was a summer startler when it sold this year for site value, for twice its €545,000 AMV to fetch €1.15m.Â
Irish home hunters are giving buyers from overseas more than a run for their money when it comes to precious coastal properties. But, as ever, the line-up of where the buyers come from continues to shift, like the tides and the winds.
American buyers were strong at the upper end of the price scale a year or two ago, driven in the main by the strength of the dollar, but are not quite so much in evidence or as bullish as they were in 2022, reckons estate agent Maeve McCarthy of Skibbereen agency Charles P McCarthy, who says the coastal market is still quite strong post-covid, and adds that climate change fears are also, increasingly driving overseas inquires in her experience.
