I have been keeping an eye on the commercial lettings market (mainly offices) for the last two years. I spotted an interesting trend, commercial offices lets in Dublin are dropping sharply in price. Availability of offices in Dublin also seems to be at an all time high!
Anyone that’s thinking about an office space (who is in the freelance IT space) should resist the urge to cut back on the essentials. You may be able to grab a bargain let while the market is an all time low.
Lets take one office let for example, a 4-5 desk office in college green (a premium location) is now showing on daft for €650 .. now if you do your co-working math’s, it works out at about €162.5 a head with 4 people (before VAT). Not bad!
Pop over to some of the property websites and see if you can grab a barging let. Im sure it’s the same across the whole country!
