A new report shows that the prime country homes market in Ireland saw a 44% increase in the total transaction value in 2024, reaching €275m.
Property advisors Savills Ireland said the surge highlights a robust demand for luxury country homes, with the market far exceeding the 10-year average transaction value of €139m.
Today's report shows the average transaction size held steady at €1.6m across 168 deals, underscoring a stable high-end market.
Using Property Price Register data, Savills examined prime country home transactions, which are defined as transactions greater than €1m and located outside of Dublin, the major regional cities and north Wicklow.
Savills said that despite economic uncertainties and fluctuating global conditions, the luxury segment of Ireland's real estate market has shown remarkable resilience and attractiveness.
Cork emerged as the leader with €84m in sales across 35 transactions last year, with Kildare close behind with €64.5m from 40 transactions.
Meanwhile, Wicklow generated €21.6m from 18 deals while Meath and Kerry recorded €16.4m and €13.4m in sales, respectively.
Cianan Duff, Associate Director at Savills Ireland, said the 44% growth in transaction value this year is a testament to the enduring appeal of Ireland's prime country homes.
"Buyers continue to value the unique combination of luxury and privacy that these properties offer," he added.
Savils said the significant growth in the value of prime country homes in 2024 is indicative of a broader trend in the Irish real estate sector, where both domestic and international buyers are drawn to properties that offer expansive living spaces, modern amenities and natural surroundings.
