Now is the Time to Grab a Real Estate Bargain on Ireland’s Beara Peninsula

Now is the Time to Grab a Real Estate Bargain on Ireland’s Beara Peninsula

The decade leading up to 2006 saw Ireland suffer through one of the biggest real estate bubbles on earth. The real estate market stalled in 2006/2007, amid rumors that transfer taxes were set to be reduced. Then in 2008 the crisis hit. In 2009, the global financial crisis rolled through, flattening Ireland’s entire banking sector and economy. In your July 2011 edition, I reported how Irish real estate was available at a discount of 80% on peak prices. Today, Ireland’s real estate market is bouncing back. News stories are filled with talk of housing shortages and fast-rising values. These reports are correct. There has been a strong surge in demand for family homes in desirable areas of Ireland’s main cities. The big buying opportunity here has passed, but right now Irish real estate is a tale of two markets.

December 2014: Dramatic Golf and Views of the Sea of Cortez—The Best Luxury Buy on My Beat Right Now

December 2014: Dramatic Golf and Views of the Sea of Cortez—The Best Luxury Buy on My Beat Right Now

Until recently, Cabo, at the southern tip of the Baja California peninsula in Northwestern Mexico, wasn’t on my radar. Today, thanks to a rare combination of events, we have a very special opportunity here—an unusual pricing anomaly in a high-end, blue chip location, as I explain in this special edition of Real Estate Trend Alert