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Irish Property in 2026: What Buyers, Sellers, and Investors Need to Know

23 snips
Jan 20, 2026
Ray Cooke, CEO of Ray Cooke Auctioneers and property consultant, shares hands-on insight into Irish residential and commercial markets. He explains why good homes sell fast and what buyers must prepare. He outlines landlord exits and the resulting rental squeeze. He compares residential vs commercial yields and gives a 2026 outlook for prices and rents.
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ADVICE

Be Fully Finance Ready Before You View Properties

  • Get mortgage approval and have any property you’re selling already on the market before house-hunting.
  • Ray Cooke warns a desirable property can sell within two weeks, so buyers must be ready with AIP and proof of funds.
INSIGHT

Population Growth Outruns Homebuilding

  • Population growth plus low build rates create persistent supply shortage despite plenty of existing properties.
  • Ray Cooke notes population up ~20% since Celtic Tiger while building only ~35,000 units yearly, so demand concentrates on older, central homes.
ADVICE

Only Bid With Approval In Principle Or Proof Of Funds

  • Don’t bid on properties without approval in principle or proof of funds because agents will refuse uninsured bidders.
  • Ray Cooke says agents won't let unapproved buyers bid to avoid wasting time and inflating prices.
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