Almost 10% of Donegal residences are vacant, according to new figures in the latest GeoDirectory Residential Buildings Report.
The Donegal rate is currently 9.7%, which 5.5% higher than the national average.
Meanwhile, the dereliction level in Donegal is 11.9%, the second-worst in the country after Mayo. A building is classified as derelict if a lot of structural work/reconstruction is needed before it could be re-occupied. It is usually dormant for several years.
The twice-annual report found that a total of 86,708 residential buildings were classified as vacant across Ireland by GeoDirectory, a 5.9% drop when compared to the previous year.
In Donegal, 666 residential buildings were under construction in June of this year.
707 new residential address points in Donegal were also added to the GeoDirectory database in the twelve months to June 2022.
There were 1,280 residential property transactions in the county, 9.6% of which are new dwellings and the average property price was €162,969.
Commenting on the findings of the GeoDirectory Residential Buildings Report, Dara Keogh, CEO of GeoDirectory said, “The level of residential construction has increased significantly over the past twelve months as Covid-19 public health measures on the construction sector were gradually eased then removed. This activity indicates a strong pipeline of residential properties that we would expect to enter the market in the months ahead. The GeoDirectory Residential Buildings Report found that the number of vacant properties has also fallen in the last year, although when combined with derelict properties, there are still over 100,000 potential properties which could re-enter the market.”
