La maggior parte dei progetti di appartamenti ora dovrebbero essere fattibili dopo l’aumento del budget, afferma il CEO di Cairn Homes
https://www.irishtimes.com/business/2025/10/08/most-apartment-schemes-should-now-be-viable-after-budget-boost-cairn-homes-ceo-says/
di NotAnotherOne2024
8 commenti
I’ve an issue with the reporting on the VAT cut on apartments, the reporting is framed around feasibility of the development of apartments but pays little attention to the end user.
The BTS model is still unviable and the Croí Cónaithe (Cities) incentive has made no difference with only a handful of developments utilising it.
The government are very aware of this as well given that this Budget has included the exemption of rental profits from cost-rental scheme from corporation tax to incentivise private developers to deliver cost rental units through STAR.
Although this will stimulate supply to a certain extent, this isn’t the silver bullet it is being made out to be and won’t result in an increase in apartments for hopeful owner-occupiers.
Oh lads, I hope I’m wrong. Bad feeling about this……I’ve just a feeling in 25 years, we will judge this as the point that not only we messed up the problem but the solution too.
Cool. So now ensure that they can only be sold to individuals and not huge property hoarding companies.
Here comes all that housing we were promised! Any decade now!
I’m looking at 1 bed apartments in Dublin on Daft at over €500,000. Were these not viable for the developer before?
There are so many sites with planning for houses and apartments that haven’t started construction yet, especially in Cork. It’ll be good to see some of them hopefully start now, although we still need prices to drop. Hopefully a dramatic increase in supply will help with that..
Viable but won’t bring the price down.
Viable for who?