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If you are going to buy a brand new house then you could be eligible for a First Time Buyer's Grant. If the house you want to buy is not new, you will have to pay Stamp Duty when you purchase your house. The average price for a first time buyer's house is around £120,000. To obtain a mortgage for this price a person would generally need to be earning around £40,000 per annum. A first time buyer is defined as a person who has not (either individually or jointly) previously purchased or built on his or her own behalf, a house or apartment in Ireland or abroad. First Time Buyer's grant from the government is currently £3,000. Owner Occupier An owner occupier is defined as a person who purchases a property, which is to be occupied by the purchaser (or a person on his/her behalf) as his/her only or principal place of residence and no rent is derived from the property. Those uninterested in purchasing a home can always rent a house or apartment. Prices in Dublin range from £600 to £1,300 per month depending on the quality and proximity to the city centre. Apartments may be rented for between £500 to £1,000 a month.

Try the following websites for more information:

World of Irish Property - www.iavi.ie
Government of Ireland - www.irlgov.ie

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