Live in Northern Ireland: Find Your Dream Home in Dungannon

Property Market and Affordability of Dungannon Town

One of the best features of Dungannon Town is affordability and lower house prices. As per the UK House Price Index, property prices are lower in Northern Ireland as compared to the rest of the UK. With a housing price of £176,131 on average in Northern Ireland and the same costs around £316,000 on average in England, the Irish town is an ideal place to live or invest. Another advantage of living in Dungannon town is lower rent. You are expected to pay around £722 per month in comparison to £1,174 in England. So, this data from the UK House Price Index shows that living in Northern Ireland is way cheaper than in other parts of Europe.

Better Life for Immigrants and Foreigners

According to statistics from the Irish Times around 10% of the population based on immigrants from different parts of the world is settled in Dungannon, making this town ideal for immigrants and foreigners to live and work. Flexibility in regulations for foreigners to buy a property in Northern Irelands also makes this town a preferred choice for global investors and home buyers. Whether you are a real estate investor or a potential home buyer desiring to buy property in Northern Ireland, the Estate Agent Power's platform is available to you, to navigate through the real estate market of Ireland.

Better Living Amenities in Northern Ireland

Ease of life or living amenities in Dungannon is the next reason why you should choose the Irish town for a living. Northern Ireland in general and Dungannon town in particular offer many living amenities ranging from effective community transport to ample job opportunities and access to healthcare. Northern Ireland has lower unemployment rates and higher-salary jobs available in different sectors. Dungannon town offers its citizens easy access to healthcare and has high-ranked educational institutes, so these facilities are indicators that you could experience a dream living by buying a house in Dungannon town.

The Buy-to-Let Market of Northern Ireland

The real estate market of Northern Ireland offers you good opportunities in buy-to-let properties. With an increase in demand for rental properties, you can earn good yields from an investment in a property in Northern Ireland. Whether you are an experienced investor or a new home buyer, buying a property to rent offers you regular income with the prospect of growth. The real estate market of Northern Ireland offers several types of properties like flats and maisonettes, terraced houses, semi-detached Houses, and detached houses. You can buy a property that suits your budget and utilize the same to get some good rental income. You can use the Yield Calculator of the Estate Agent Power to find the rental yield of any property.

Steps to Take When Buying a House in Northern Ireland

Buying a house or any other property is easy in Northern Ireland, considering the real estate-related regulations and laws. But consideration of several factors helps you in securing safe and the best deals. Steps that can prove beneficial for buying a property include:

1. Determining your budget before planning to buy a house
2. Get a mortgage pre-approved to attract sellers
3. Explore different areas to find the right location that suits your needs
4. Book on-site viewings or explore properties through digital tours.
5. Research the current market for the right price and connect with a real estate agent
6. Make an offer to grab the attention of potential sellers.