APPLICATIONS FOR THE next launch of 99 affordable purchase homes in Dublin 7 will open later this month.

The homes are located at Montpelier, Dublin 7, formerly the O’Devaney Gardens site.

Applications will be accepted only online from 12 noon on 25 November until 12 noon on 16 December 2025 at https://affordablehomes.dublincity.ie

The Montpelier development will deliver over 1,000 A-rated new homes in partnership with Bartra and Tuath Housing.

It’s located 3 km from O’Connell Street and the scheme is being delivered in phases and will include new parks, community spaces, shops, a crèche, a pharmacy and a GP practice.

Following the launch of 66 affordable homes at the site earlier this year, applications are now invited for the next release of affordable purchase homes, which will be ready for occupation next July.

This release comprises of 26 one-bedroom apartments, 62 two-bedroom apartments and 11 three-bedroom houses.

One-bedroom apartments will range between €248k and €332k; two-bedroom apartments will cost between €320k and €414k and three-bedroom houses will cost between €378k and €473k.

When these homes are first occupied, key community facilities, such as shops, a crèche, a pharmacy and a GP practice, will already be operational.

Affordable Purchase Scheme

Under the Affordable Purchase Scheme, Dublin City Council makes newly built homes available at a reduced price for first-time and other eligible buyers who cannot afford to purchase a home at its open market value.

To be eligible to apply, applicants must have a minimum deposit of 10% of the purchase price and the affordable home must be their normal place of residence.

Dublin City Council meanwhile takes an equity share in the home equal, which reduces the price the home purchaser pays.

This equity share is equal to the difference between the open market value of the home and the reduced price paid by the purchaser.

In the case of the Montpelier homes, Dublin City Council will take an average equity share of 25%, meaning the purchaser will benefit from a 25% discount on the open market price.

The price successful applicants will pay will depend on how much they and/or parent earn.  

One-bedroom apartments will cost between €248k and €332k; two-bedroom apartments will cost between €320k and €414k and three-bedroom houses will cost between €378k and €473k.

The salary range (single or combined) for one-bedroom apartments is €56k to €75k, for two-bedroom apartments is €72k to €93k and for three-bedroom houses is €85k to €106k.

Households on lower incomes, who have additional savings, may also be eligible to apply.

Councillor Ray McAdam, Lord Mayor of Dublin, said the 99 affordable purchase homes will “give more families and individuals the opportunity to put down roots in our city”.

Meanwhile, Mike Flannery, the CEO of Bartra, said the Montpelier development “is about creating a vibrant, enduring neighbourhood where people can live well for generations”.

Elsewhere, Martin Loughran, chief commercial and development officer of Tuath, said Montpelier is a “great example of what can be achieved through collaboration between public, private, voluntary partners”.

However, speaking after the launch of the first release of 66 affordable purchase homes, Laura Bambrick, head of social policy at ICTU, remarked that “just because the price of a home is relatively cheaper than other properties on the market doesn’t make it affordable”.

And in a statement to The Journal this evening, Bambrick remarked: “A teacher in their first year after qualifying will earn under €42,500, a nurse just over €37,000 and a garda less than €39,000, if not doing shift work.

“None of them will meet the minimum salary for a one bedroom apartment.”