Lower cost base in Ireland West make it attractive to companies

As businesses in the UK consider their options for a post Brexit world, the lower cost base in Ireland West make it attractive. Following in the footsteps of a whole new surge of tourists who have discovered the magic of the wild atlantic way of life or tasted the luxury of one of the world’s top castle resorts Ashford Castle at Cong, Claremorris where the Tollman family have invested €75 million restoring the former spendour of this 800 year old estate. Tourists, some arriving in their own private jets fly into Ireland West Airport Knock, which is just 20 minutes north of Claremorris to enjoy the fresh air and stress-free lifestyle. With so many multinational companies located in the west of Ireland, some towns now enjoy gigabit fibre internet infrastructure of a standard which is similar to that available in Dublin, London and California.

While the impact of a hard or soft Brexit is much debated, Ireland has very strong advantages when dealing with the global economy, from an educated english speaking workforce, to its membership of the EU and the euro area. The much lower cost base in Ireland West makes it attractive for companies looking to relocate. Two hours west of Dublin and a world away in terms of the high quality of life which it offers, Ireland West is the reason some companies have began to look at alternatives other than outsourcing to the east.

The Dublin rental market is boiling red hot with office rents nearing €65 per square foot and an average apartment likely to hit €2,500 a month. While tight property supply constrains Dublin’s appeal, the west of the country is experiencing a bit of a renaissance. Property prices are still very much affordable, with good quality office space available to lease or rent at €10 per square foot per annum and apartments to rent for €600 per month and its never been easier to get there.

Innovation House Claremorris can offer flexible office solutions with gigabit fibre internet for businesses looking to expand and the can-do attitude to make it happen.

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