Istabraq,
I wouldn't be so quick to get on any housing ladder in the current climate. Irish property is way over-priced and will be corrected in the near future, as Ireland is no different in terms of economics and is experiencing the same affects as every other boom-bust cycle in history.
Don't be pressured by what your mates/colleagues are doing - stay at home or rent for as long as you want, it is cheaper and has no risk attached.
As regards foreign properties, I would stay well clear unless you fully understand who you are buying from, what the tax situation is, who you will rent to, and the number one thing that most people have not considered - who you will sell to to realise any capital appreciation.
Simply wait and watch what happens in Ireland - then buy for considerably less than present prices.
Regards
Kane