Waterford, Ireland / WLR
Mar 11, 2021 3:23 PM
A DUNGARVAN-based auctioneer says there’s been a big increase in UK “cash” buyers purchasing properties in Dungarvan – and many are buying after seeing houses online only.
Remote working has seen a big trend in people moving out of cities while lots of people are also retiring to towns like Dungarvan from the UK, says auctioneer Denise Radley.
She said many buyers are simply doing the ‘virtual walk-throughs’ on line, following up with a video call with auctioneers from the houses, and then placing an offer.
And towns like Dungarvan, she added, ticked the boxes in terms of amenities, accessibility and connectivity.
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The Old Market House Arts Centre on Parnell Street in Dungarvan, Co Waterford. Picture Dan Linehan
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Trish Dromey Since the end of the first lockdown last year, auctioneers in Dungarvan have noticed some quite dramatic changes in the mix of buyers who want to own a home in the “sunny southeast”.
In addition to the local buyers and holiday home hunters that would have been the norm, they are now seeing increased demand from locals leaving cities in Ireland and abroad, coming to work from home where the scenery is better and the property is cheaper.