New Housing Scheme For Low Earners

New Housing Scheme For Low Earners To Offer Homes For €116K

Elaine Stenson
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A new housing scheme in Dublin will allow people to buy apartments starting at €116,000.

Dublin City Council has offered three council-owned sites on the northside to developers.

The new affordable housing scheme will allow low and middle-income earners to buy the homes.

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The three sites, two in Ballymun and one in Ballyfermot will include enough space for the construction of over 370 homes.

The Irish Independent reports that the one-bed apartments in Ballymum are expected to start at €116,000.

A four bedroom house will cost around €232,000.

Prices will be higher on the Ballyfermot site, located south of Cherry Orchard Hospital.

A spokesperson for Dublin City Council said that the current prices are based on present market value and may change at the time of completion of the project.