There is a significant shortage of new apartments under construction in Dublin, Cork, Galway and Limerick. In Dublin alone, there is a requirement for 9,000 units each year for the sale and rental markets. Yet there were only 1,766 apartments built in 2018, and fewer than 3,000 will be built this year. This is mainly as a result of the non-viability of apartment development and a number of associated issues.
Unfortunately the cost of building apartments is so high...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team