Overseas property to be showcased for Irish farmers

A show to exhibit overseas property to the Irish farming market has been announced and is intended to offer an avenue of investment to which these individuals would ordinarily not have access.

According to Overseas Property Professional (OPP), the farmers targeted by the exhibition have a collective €700 billion (£481.78 billion) fortune ready to be put into overseas property.

Around 150,000 of these farmers will be the focus of the event, organised by SDL Exhibitions, as they are attending the Irish Ploughing Championships, which takes place over four days in September in Carlow.

Paul O'Loughlin Kennedy, exhibition director of SDL, told OPP magazine that the Irish farming community has become a market for overseas property agents.

He added that many of these customers are looking to make investments to act as supplements for their traditional incomes, which were in danger of dwindling.

"The Irish appetite for overseas property investment continues to grow, with more and more investors looking to add to their portfolio and new investors looking to release equity from their homes."

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