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Remote Working Has Led To People Buying Small Farms

98FM
98FM

08:48 12 Apr 2022


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You could milk the cows while on Microsoft Teams.

The Society of Chartered Surveyors Ireland has carried out a report on land prices.

They say the option of remote working has led to more people buying small farms.

A new report predicts farmland prices will rise by 6 per cent nationally this year.

A review of prices last year showed averages ranging from 5 to 10 thousand euro an acre.

Kildare has retained its position as the county with the most expensive land in the country.

It costs 15-thousand euro an acre, which is an increase of 13 per cent on 2020.

James Lee is from the Society of Chartered Surveyors Ireland.

He says more people now see running a small farm as a viable option since the pandemic.

"It's the good quality land in areas like Limerick and Tipperary," he said.

"Rural areas that people can work from home and have that small holding, that's certainly evident."


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