Irish Properties

In 2006 the average figure for capital appreciation in Northern Ireland was 36% - the highest in Europe. As with most statistics, this masks a number of aspects, most important of which concerns the sector in which our Northern Irish associates deal – terraced housing. The average figure for this sector was 58% and yet in north and west Belfast our investors saw prices for these types of properties double in twelve months.

While such figures are unlikely to be witnessed again, the outlook for 2007 is for appreciation in the region of 15-20%. The factors underpinning such growth are various and include: a feel-good factor after thirty-five years of conflict; an influx of foreign workers; lowest unemployment in a generation; new investment and regeneration and large-scale investment from those in the Republic of Ireland who have benefited as a result of the Celtic Tiger economy. So, if you would like to invest in one of the most dynamic property markets in Europe, contact Sunter Property Developments today.