This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 13 °C Monday 20 May, 2019
Advertisement

This week’s vital property news: More than 500 applications for Help-to-Buy initiative

Everything you need to know in one quick guided tour.

PastedImage-8831 Source: Shutterstock/M.V. Photography

The Big Movers

Revenue Commissioners received 519 applications for first-time buyers scheme 

The Help-To-Buy initiative launched on Tuesday this week and the Revenue Commissioners have said 519 applications have already been received as of 4pm Wednesday. The scheme allows people buying new-build or self-build homes up to a value of €500,000 to claim a tax rebate of up to 5% of the value of the home.

Housing stock in Ireland is at a ten-year low

The latest property report from Daft.ie has revealed that there were only 21,800 properties available at the end of 2016 as opposed to 25,500 in December 2015. Waterford city’s asking prices jumped 14.6% – the highest in the country.

Under Construction

PastedImage-46252 Source: Aedas/AsymmertricA

  • City planning could be done in a totally different way if this terraced vertical office design from Aedas architecture firm is adopted. The design is called “Cloud on Terrace” and provides 45,000 square metres of office and retail space in Shanghai.
  • Irish-founded modular home builder and solar energy developer WElink Group is to build 25,000 energy-efficient modular homes in Britain over the next five years in a venture valued at €2.9 billion, according to the Irish Independent.

Des Res

Ivanka Trump and her husband are heading to Washington and the house that they’re meant to be living in is pretty fancy altogether. Fancy a look around?

This week’s vital property news: More than 500 applications for Help-to-Buy initiative
1 / 11
  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • the-home-was-designed-by-architect-waddy-wood-and-built-in-1923

  • Ivanka Trump's new home

  • Ivanka Trump's new home

  • Ivanka Trump's new home

All images: Business Insider

And Finally…

The European Commission and Mies van der Rohe Award has announced that 13 projects by Irish architects have been nominated for the 2017 European Union Prize for Contemporary Architecture.

  • Share on Facebook
  • Email this article
  •  

About the author:

Edel Corrigan

Read next:

COMMENTS