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Home or away: Where's the cheapest place in Europe to buy property?

Where to go if you’re looking for a bit of a bargain.

ALL YOU EVER seem to hear about these days are house prices shooting up.

It’s almost impossible to turn on the news without hearing we’re back in the good times (even if it still doesn’t quite feel like that).

However, if you’re dead set on buying a property and are willing to look a bit further afield, your prospects start to look quite a bit brighter.

Here are some of the best value properties from around Europe compared to what the same money would get you in Ireland.

Czech Republic

For €165,000 you could get this restored 4-bedroom 18th century cottage near the Czech – Polish border. The scenic property even comes with the possibility of the development of its own private lake.

czech house 1 czechproperty.cz czechproperty.cz

And back here in Ireland…

cork house daft.ie daft.ie

This terrace house in Cork does tell potential viewers that “appearances can be deceptive” and that the inside holds a lovely three-bedroom family home.

Hungary

Do you know what €135,000 would NOT get you in Ireland? A swimming pool – that’s what. This property in the rural village of Kaposmero, Hungary comes with three bedrooms, two bathrooms, a sauna and a jacuzzi. Alright for some.

hungary house hungaryproperty.org hungaryproperty.org

And back home, while you’re not enjoying your swimming pool…

limerick comparison house daft.ie daft.ie

… you could be living in this two-bedroom terrace property in Limerick. The house is on the market and comes with a south facing garden as an ‘added bonus’.

Portugal

Do you know what would be good? Living in a four-bedroom Portuguese villa with its own heated swimming pool. And for the pretty reasonable price of €249,995, you could be doing exactly that.

portuguese villa prestigeproperty.co.uk prestigeproperty.co.uk

And do you know what would also be good (although maybe not quite as good)? Living in this semi-detached house in Dublin 15. It comes with three bedrooms and is within walking distance of Blanchardstown.

dublin 15 daft.ie daft.ie

Poland

At the absolute bargain end of the scale, you could get your hands on this three-bedroom property in the city of Lancut, Poland. The real selling point of this city-centre home is that it could be yours for the low, low price of €48,000 (try paying that in the middle of Dublin).

BALI realigro real estate realigro real estate

If you’re paying less than €50,000 in Ireland, you really are at the thin end of the market. This house you see here (the one attached to the other, bigger house) is on the market for €40,000. It comes with one bedroom and is five miles away from Waterford City.

To be fair, although small, the property comes with a cosy, well-finished interior.

house kilkenny daft.ie daft.ie

Read: Seven people sentenced in £1.5m mortgage fraud case

Also: The Briefcase: Grilled bankers, Taylor Swift and Alibaba’s treasure trove

Author
Michael Sheils McNamee
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