‘’Due to natural limitations and regulatory restrictions, coastal properties tend to hold their values. Many are passed down through generations, contributing to a market where demand continually exceeds supply – and that’s fueling competitive bidding. It’s very common for the sale of these types of properties to exceed expectations with our coastal and waterfront properties achieving an average premium of 21.5% above the guide price last year.’’
So, what do buyers value most when it comes to coastal and waterfront homes? These are the features that are most frequently sought after:
Privacy & Space
A sense of seclusion is essential for many waterfront buyers. Often seeking an escape from the bustle of urban life, especially city living, they are drawn to homes that offer natural privacy and generous plots which significantly enhances a property’s appeal.
Uninterrupted Views
Panoramic sea views, whether from a living room, kitchen or an outside terrace are a compelling selling point. Homes that are thoughtfully designed to maximise their setting tend to attract stronger interest and competition.
Simplicity
For overseas buyer’s holiday homeowners, low-maintenance living is a top priority. Modern homes with secure access and minimal upkeep offer the peace of mind to ‘’lock up and leave’’ – making them appealing for those not in permanent residence.
Walk-In Condition and Energy Efficiency
Turnkey homes requiring little to no renovation are in high demand. Buyers increasingly prioritise energy-efficient properties, with modern systems, recent upgrades, and strong BER ratings seen as major advantages.
While location is always a key driver of value, several features can significantly enhance the appeal (and price) of a coastal or waterfront home.
Direct Access to Water
Proximity to water elevates a property’s uniqueness and can be significant factor in determining the value of this type of property. Properties with direct waterfrontage to the sea, river, lake or even a private beach can command a premium of up to 50% compared to similar properties in the locality.
Local Amenities
Proximity to charming coastal villages or towns with year-round services – including cafés, restaurants, and shops – greatly enhances lifestyle appeal. Access to nearby golf courses, especially along Ireland’s internationally renowned coastlines, is also a highly desirable bonus.
Convenience
Properties within reach of major roads or international airports are especially attractive to second-home buyers and overseas purchasers. Ease of access ensures greater flexibility for weekend escapes from city dwellers and hybrid workers.
In summary, scarcity sells and there is a built-in scarcity factor when it comes to coastal and waterfront property. Since early 2020, there has been a stronger focus on “lifestyle living,” broadening the appeal of these homes to a diverse range of buyers including remote workers, urban escapees, and global investors. Owners view these properties not just as homes, but as lifestyle choices, personal retreats, and long-term generational investments.
Thinking of selling your coastal or waterfront property?
Our team of waterfront specialists combines international reach with local knowledge to help you. For a free market appraisal, fill out our form here.