The Clare Champion Clare news, sport, entertainment and local notes
Pandemic’s effect on coastal property market evident with prices in one popular town climbing 39% since last year NEW research from Daft.ie shows the asking prices for properties in Lahinch has increased by some 39% since the start of the pandemic. Searches on the website for Lahinch properties have gone up by 49%, according to research conducted by Dr Tom Gillespie, an Environmental Economist at NUI Galway, who himself moved to the north Clare village just before the pandemic. The figures for Lahinch are included in the Daft.ie Coastal Report for 2021, which found that the prices sought for coastal properties in a number of selected areas around the country is up by an average of 23% compared to those sought prior to the pandemic. The average increase for the country as a whole is just 8.7% in the same period. In his report, Dr Gillespie stated that the increase in achieved prices is likely to be greater than those …
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