Where to rent an office in Ireland?
When relocating with the purpose of
opening a company in Ireland, one of the main concerns of the businessmen refers to
finding a suitable office space necessary for the
newly founded company. As a general rule, most of the foreign investors are interested in operating in the
most developed Irish cities, which are represented by
Dublin, the
capital city,
Cork or Limerick, as they are also seen as the
country’s top business centers.
However, depending on the specific activities that will be developed here, other regions can offer
attractive prices for renting an office, but the
highest demand is registered in the
top Irish cities.
Our team of specialists in company formation in Ireland can advise in choosing a suitable location and may also assist in the
commercial due diligence procedures.
Why rent an office space in Dublin?
Being the
capital city,
Dublin provides the most suitable business environment, as it offers a wide range of business activities and investors can benefit from a simple manner of
establishing a business partnership. Due to the
high demand, the
vacancy rate for commercial space is rather
limited and thus, the
prices for rent have been
increasing slightly in the last years.
The following video offers a short presentation on the main locations where investors can rent office space in Ireland:
For example, in
2017, the
price per square meter increased by
8% compared to the previous year, reaching approximately
EUR 62 (prices calculated for the
city’s business center). However, investors may also
start a business in
Dublin’s suburbs, where
prices are much lower, of approximately
EUR 30 per square meter. Some of the main advantages of
renting an office in Dublin are the following:
-
• Dublin is the largest city of the country, and the capital city, which attracts the highest level of investments;
-
• companies operating here can benefit from a consumer market of 1,6 million persons;
-
• a strategic reason is also given by the fact that approximately 40% of the country’s entire population lives within 100 km around Dublin;
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• in order to reduce the costs, investors may also request the services of a virtual office and Dublin provides numerous options in this sense. Our team of Ireland company formation experts can provide businessmen with personalized virtual office packages.
Why rent an office in Cork?
Another
top location for starting the procedure of
company formation in Ireland is
Cork, which has become one of the main business destinations of
international companies.
Cork benefits from a
steady supply of office space and the
prices are much lower than in case of
Dublin, as investors can
rent commercial properties with prices that are
60% lower than in the
capital city. Consumer prices in
Cork are slightly lower than in
Dublin (with 8%) and the city has a
very good infrastructure, with almost no traffic congestion, as it is the case of large cities.
Businessmen can
contact our team of Irish company formation consultants for further information on other
Irish locations that can accommodate the needs of various types of business. Investors may also request full assistance for
setting up a business in one of the above mentioned cities.
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