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Business, Homes, News

Cork is the prime destination for millionaires seeking luxury country homes

By Yay Cork February 4, 2025February 4, 2025

Everyone wants a little slice of Cork to call their own.

Especially those with large amounts of cash to spend on luxury country homes, according to new figures released today.

Using Property Price Register data, Savills examined prime country home transactions, which are defined as transactions greater than one million euros and located outside of Dublin, the major regional cities, and north Wicklow.

Savills report noted that despite economic uncertainties and fluctuating global conditions, the luxury segment of Ireland’s real estate market has shown remarkable resilience and attractiveness. The average transaction size held steady at €1.6 million across 168 deals, underscoring a stable high-end market.

Cork emerged as the leader with €84.0 million in sales across 35 transactions.

Kildare was a close second with €64.5 million from 40 transactions, while Wicklow generated €21.6 million from 18 deals and Meath and Kerry were also noted for substantial activity, recording €16.4 million and €13.4 million in sales, respectively.

“Cork has particularly stood out this year as a prime destination for high-end residential buyers.” said Catherine McAuliffe, Director of Cork Residential.

“Its blend of scenic landscapes and vibrant local economy makes it a top choice for those seeking exceptional country homes.”

Main image: Avila, Convent Garden, Kinsale, currently listed with Savills Cork. 

 

Tags: Homes, luxury, mansion
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