Why invest in Ireland?
Over
the last five years Ireland has witnessed steadier and more consistent land
trade. Increases in land prices in some counties have been observed but in
general steady trade has come to the fore.
In recent years,
counties Dublin, Meath and Kildare have had
a combined average of €12,715 per acre. Tipperary, Limerick, Cork and Kilkenny
had a combined average of €9,940 per acre. The aforementioned counties are the premier
counties in Ireland for thoroughbred breeding. Overall, the
average price in the Republic of Ireland has stood at around €9,000 per acre.
Ready-made stud
farms can trade at anywhere between €15,000 and €40,000 per acre. These figures are for fully
completed stud farms, all located in suitable regions and ideally suited to bloodstock enterprise.
The Irish
bloodstock breeding and racing industry is of major economic significance to
Ireland, contributing close two billion Euro per year. The Irish Government is supportive of the
sector and realises the importance of the industry to the Irish economy. There is a suitable tax structure, from
acquisitions straight through to the running and management of a stud farm,
with favourable employment laws.
01
Stable land prices
Never has there been a better time to invest in Ireland with land prices now stabilised at affordable levels.
02
Government Support
The Irish Government is supportive of the sector and realises the importance of the industry to the Irish economy.
03
Tax System
There is a suitable tax structure, from acquisitions straight through to the running and management of a stud farm, with favourable employment laws.
(For more information on the Irish tax structure, please contact the Irish Revenue Commissioners)
Bloodstock property