Property costs
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New, purpose-built and fitted-out office space costs are easily affordable with Northern Ireland currently maintaining the lowest net-rent in the UK. Office space is going for £14.50 per sq ft in the greater Belfast area.
| Typical office rental costs per sq ft | ||
|---|---|---|
| Greater Belfast | Dublin | Washington |
| £14.50 | £52.60 | £21.74 |
| $29.35 US | $106.48 US | $44 US |
| €20.71 | €75.12 | €31.05 |
These cost savings are significant. In the City of London office space net-rents are £59 per sq ft ($120 US, €84), Manchester’s is £28.50 ($58 US, €41), whilst in Glasgow the figure is £27.50 ($56 US, €39).
Source: CB Richard Ellis Global Market Rents May 2007
Our online database on nibusinessinfo.co.uk contains an extensive range of properties and serviced sites available throughout Northern Ireland. Search for commercial property in Northern Ireland on the nibusinessinfo.co.uk website.
Affordable residential housing
As well as having some of the lowest net-rent space in the UK, Northern Ireland also offers some of the lowest residential housing costs in Europe.A wide choice of affordable residential property is readily available, from city living to rural country spreads, to modern executive homes and older traditional houses.
