At its basic level, the BER does what it says on the tin. It’s a measure of how efficient your building is when it comes to energy performance. The best rating is an A and it goes all the way down to a G. An A-rated property is deemed to be extremely efficient when it comes to energy and will have far lower energy bills than a G-rated property. It’s much like the labels you might see on your fridge or washing machine at home if you’ve bought in the last five years.
To answer some of those questions, we’ve turned to Stephen Day, one of our divisional directors in our Leeson Street office in the heart of Dublin 4. Stephen has 13 years of experience in the Irish property market and is a member of the Society of Chartered Surveyors Ireland and the Royal Institution of Chartered Surveyors.
So what do people really want to know when interested in selling? Let’s take a look!
The property market in Ireland has changed momentously over the last 60 years and what is important to apprehend is that the property market is intrinsically correlated with the wider economy.
T.K. Whitaker released the seminal paper ‘Economic Development’ in 1958 – and with it came a seismic change in economic policy. Indeed, many economists credit Whitaker with starting the process that allowed Ireland to join the EEC (now the EU) in 1973 and the Single European Market in 1973.
But much as the Irish have settled abroad, many are coming home too – or will be coming home in the coming years, to a relatively stable economy and jobs market.
At Lisney’s recent commercial seminar, Frank McSharry spoke about how 1,500 people return home every week. Indeed, Ireland represents an attractive prospect – but what do you need to know before planning the big move home?
Welcome to our blog page where we provide helpful articles for buyers and sellers of property in Ireland. Our industry professionals will also share their experience of the property market in Ireland and of their local areas.