Ireland is among countries most likely to appeal to international housing investors because of sizeable demand and requirement for residential accommodation for students, senior citizens and the growing population, according to a new report. However, it may be the end of the year before big funds return to the rental market here. But the report says this strengthens the case for investing in living assets, especially as interest rates ease. It also expects the numbers of senior Irish citizens to grow by 50pc over the next 16 years, which would also be the fastest rate in Europe. “From a real estate perspective, this greying of Europe points to a likely significant increase in demand for purpose-built healthcare and senior living accommodation,” it adds.

Source: Irish Independent June 22, 2024 04:34 UTC