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Category: Development Land

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Development Land Dublin Extensions And Conversions Home Improvements Real Estate Surveying

Covid-19 and housing crisis drive demand for better rental properties

At a time when housing market concerns are top of the agenda, the findings of Knight Frank Ireland’s research into the preferences of the occupiers of rental accommodation give some interesting insights into both renter preferences and to the evolving requirements facing the development sector.

Investor demand for assets in the private residential sector gathered more momentum in 2021, making up 50 per cent of total investor spend in the second quarter. The demographics and the economic profile of Ireland indicate that demand for residential assets is set to remain competitive, making the preferences of the end users critical when making investment decisions.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

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Development Land Dublin Extensions And Conversions Home Improvements Real Estate

Property prices rise at fastest pace in two years

PROPERTY prices have risen again, piling more pressure on people trying to purchase their first home.

March saw prices rise at their fastest pace in two years. Potential first-time buyers are already being hit by soaring rents and stagnant wages. The latest figures from the Central Statistics Office show that property prices rose again in March.

A chronic shortage of homes to buy and pent-up demand from those with pandemic savings is pushing up prices. Prices of houses and apartments rose by 3.7pc nationally in the year to March, as the market accelerated further.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

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Development Land

Majority of new home schemes delayed by up to six months by Covid-19 lockdowns

As with other sectors, the new homes market has been adversely affected by the pandemic lockdowns.

The latest one will begin to lift on April 12th allowing developers to get back on site.

The demand for housing, which was already considerably in excess of annual supply delivery, has intensified in the last year. Key historical drivers of demand such as population growth, which has been the engine of demand in Ireland for the last decade, have been compounded by increased momentum from buyers whose jobs in sectors such as technology, media and telecom, finance and pharmaceuticals have been largely unaffected by the pandemic.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

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Development Land

Cost to develop Dublin city apartment as much as €619,000

The cost of delivering a two-bed apartment in Dublin ranges from €359,000 for a low-rise unit in the suburbs to as much as €619,000 for a high-rise unit in the city centre, according to a report from the Society of Chartered Surveyors Ireland (SCSI).

The figures, based on data obtained from 49 developments in Dublin last year, suggest the “bricks and mortar” element of construction on average accounted for less than half (47 per cent) of the overall cost of building an apartment.

The so-called “soft” construction costs – land, development levies, professional fees, VAT, developers’ margins – accounted for the remainder.

The SCSI’s Real Costs of New Apartment Delivery 2020 report feeds into an increasingly heated debate about the cost of construction in Ireland.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

 

Categories
Development Land Dublin Extensions And Conversions Home Improvements Real Estate Surveying

Irish house prices forecast to rise by 4% as supply struggles to meet demand

Irish residential property prices, which remained resilient during the Covid-19 shock last year, are set to rise by an average of 4 per cent in 2021 as supply shortages continue to prop up valuations, according to a survey of chartered surveyors.

The Society of Chartered Surveyors Ireland (SCSI) found that two-thirds of 250 chartered agents surveyed in December expect property prices to increase this year, ranging from a 3 per cent advance in Dublin to 6 per cent growth across Connacht and Ulster.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

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Development Land Dublin Extensions And Conversions Home Improvements Real Estate Surveying Uncategorized

Covid-19 crisis likely to make home-buying more exclusive

The Covid-19 crisis has made home-ownership more of a priority for some people but financially more difficult for others, a survey by KBC Bank Ireland has indicated.

As part of its November consumer sentiment survey, the lender asked a number of supplementary questions regarding the impact of Covid-19 on housing demand.

More than a fifth of people (21 per cent) said the pandemic had increased the importance of living space for them, as opposed to 14 per cent who said it had not. The remainder were unchanged or did not know.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quot

Categories
Development Land

High time for Government to play its proper part in solving the housing crisis

Housing is at a crossroads in Ireland. We can continue lurching from crisis to crisis with “Generation Rent”, the homeless, and future generations locked out of affordable homes; or we can tackle the roots of the problem.

More than a third of people in their 40s here are renting. They are less likely to obtain a mortgage and more likely to be lifetime renters. What will happen to these renters at age 65? Will we see them retiring into homelessness? Ireland has one of the highest rates in the European Union of young adults living at home with their parents.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

Categories
Development Land

Housing crisis here to stay in absence of big rethink, industry warns

The housing crisis will be a “permanent issue in Irish society” unless there is a radical rethink on how to deliver more affordable homes, industry body Irish Institutional Property (IIP) has warned.

In a report, the group which represents large property developers warns that the supply of new homes is grossly out-of-kilter with demand and that this mismatch is “intrinsically linked” to affordability.

As many as 47,000 homes will have to be built each year for the next five years just to meet demand, it says, while noting that the Government’s target in Project Ireland 2040 is just 25,000.

It estimates that Dublin alone needs an additional 125,000 apartments to meet demand.

“The overall need for housing is greater than current levels of output and the targets set in national plans,” the report says.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

Categories
Development Land

House price inflation returns but Covid has ‘disrupted’ bubble fears

It will be a full and further decade before Ireland’s housing market finds equilibrium between supply and demand, it has been claimed, as the Government prepares its latest housing measures as part of Budget 2021.

The suggestion of continuing imbalance and accommodation shortages up until 2031 comes as a Myhome.ie report today shows house price inflation back again, at 5% by the third quarter of this year, despite Covid-19’s impact on the economy and employment.

In a pre-budget submission this week, a 10-year housing strategy or roadmap across all sectors, including affordable and social housing, is required, argues the Society of Chartered Surveyors Ireland (SCSI).

Read the full details in the  Irish Examiner

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote

 

Categories
Development Land

Expert warns crash in Irish construction likely to be biggest on record

The Irish construction industry is likely to have suffered the biggest quarterly crash in activity on record as a result of coronavirus, with output falling by more than 30 per cent, an industry expert has warned.

The extent of the downturn will not be known until next month when the Central Statistics Office (CSO) publishes second-quarter growth numbers for the Irish economy and its constituent sectors.

Ulster Bank chief economist Simon Barry said it was safe to assume the construction sector here would under-perform international aggregates by some way because of the tightness of restrictions imposed to curb the spread of the virus.

He said the reversal is likely to be similar to that experienced by the UK.

Read the full details in the Irish Times

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report, Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk and Dublin and also cover the surrounding counties and will travel nationwide if required.

ABL Surveyors are a member of the Society of Chartered Surveyors Ireland and holds full professional indemnity insurance cover.

In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote