Real Estate in Galway, Ireland
Last updated on Apr 09, 2024
Summary: The average cost of a nice 2 bedroom home in Galway, Ireland is around €200,000 (approximately $235,000 USD). A nice 3 bedroom home in Galway is around €250,000 (approximately $294,000 USD). These properties typically include modern amenities such as central heating, double glazing, and fitted kitchens. There are no restrictions on foreign ownership for properties in Galway. Expats should search for a home to buy in Galway by researching the local market, attending open houses, and consulting with a real estate agent. The most desirable neighborhoods in Galway include Salthill, Knocknacarra, and Renmore. These areas are known for their excellent amenities, close proximity to the city center, and beautiful views of the Atlantic Ocean.
How do I find a place to live in Galway?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"If you are looking for a place to live in Galway, there are a variety of options available. You can search online for rental properties, or contact a local real estate agent to help you find a suitable place. You can also look for shared accommodation, such as a room in a house or apartment, or a bed in a hostel. Additionally, there are a number of student accommodation options available in Galway, such as student apartments, student houses, and student hostels. Finally, you can also look for short-term accommodation, such as a hotel or a bed and breakfast," remarked one foreigner who made the move to Galway.
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What is a typical expat home or apartment like in Galway?
"Expat homes and apartments in Galway typically feature modern amenities and furnishings, with many offering stunning views of the city and the surrounding countryside. Many expat homes and apartments are located in the city centre, providing easy access to the many shops, restaurants, and attractions that Galway has to offer. Expat homes and apartments often come with a variety of amenities, such as private balconies, fully-equipped kitchens, and spacious living areas. Many expat homes and apartments also feature high-speed internet, cable television, and other modern conveniences," said one expat in Galway.
What is the average cost of housing in Galway?
If you are thinking about moving to Galway, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Galway varies depending on the area and type of property. Generally, the average cost of renting a one-bedroom apartment in the city centre is around €1,000 per month, while the average cost of buying a three-bedroom house in the suburbs is around €250,000," explained one person living in Galway, Ireland.
Should I buy or rent a home in Galway?
If you have not spent a lot of time in Galway, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Galway can be a great investment. The city is known for its vibrant culture, beautiful scenery, and friendly people. The cost of living is relatively low compared to other cities in Europe, making it an attractive option for those looking to purchase a home. Renting a home in Galway can also be a great option, as it allows you to experience the city without the commitment of buying a home. There are a variety of rental options available, from short-term leases to long-term leases, so you can find the perfect fit for your needs," remarked one foreigner who made the move to Galway.
What do I need to know when buying property in Galway?
When we asked expats what advice they would give a foreigner before buying a property in Galway, they said:
"When buying property in Galway, it is important to research the area and the local market to ensure you are making a sound investment. It is also important to consider the local infrastructure, such as transport links, schools, and amenities, to ensure the property is in a desirable location. It is also important to consider the condition of the property, as well as any potential renovation or repair costs. It is also important to be aware of any legal requirements, such as planning permission, that may be necessary for any changes you wish to make to the property. Finally, it is important to ensure you have the necessary funds to cover the purchase and any associated costs," remarked one foreigner who made the move to Galway.
Are foreigners allowed to own property in Galway?
When we asked expats what advice they would give a foreigner before buying a property in Galway, they said...
"Yes, foreigners are allowed to own property in Galway. There are no specific restrictions on foreign nationals purchasing property in the country. However, they may need to comply with certain legal and financial requirements, such as obtaining a tax identification number and opening an Irish bank account. Additionally, non-European Union citizens may need to obtain permission from the Irish government if they plan to reside in the property for an extended period. It is advisable for foreign buyers to consult with a local solicitor to ensure they meet all necessary requirements and regulations," said one expat in Galway.
What appliances are typically included in a rental?
We asked foreigners in Galway what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In a rental property in Galway, tenants can typically expect to find a refrigerator, stove, oven, washing machine, and dryer. Additionally, some properties may include a dishwasher, microwave, and other small kitchen appliances," said one expat in Galway.
Additional Information about Searching for a Home in Galway:
We asked foreigners in Galway what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Galway typically begin by browsing online property websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already settled in the area. Additionally, they might reach out to local real estate agents who have experience working with expats and can help them navigate the housing market. Visiting the city and exploring different neighborhoods can also be helpful in finding the right home, as well as attending open houses and networking events to meet potential landlords and other expats," explained one person living in Galway, Ireland.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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