There are lots of reasons to see recovery in Ireland. Today's second look at Ireland demonstrates its desire to be the first country to leave the European rescue programme. Property is a key factor in this.
Ireland is now forecast to have the second highest growth rate in the euro region in 2013. In February, Ireland started selling its first ten-year bonds since the bailout and five-year borrowing costs have dropped to their lowest in eight years.
Ireland already has a highly developed infrastructure.
Another encouraging factor to remember is that mortgage lending for first-half 2013 begun to rise for the first time since 2008. And, of key interest to investors, Dublin rents have risen in the past two years.
Buying price points are now good, with the average asking prices for south Dublin houses now 53% down form the peak of 2008.
Meanwhile, prime Dublin residential yields are now among the most attractive in Europe at around 7%.