New homes schemes in Dublin city

Limited supply and high prices means deep pockets needed to buy in city centre


The city skyline is awash with cranes and builders are talking about a skills shortage. All the evidence points to a slew of new apartments and townhouses within walking distance of the centre.

Don’t be fooled though, many of the city centre builds are commercial blocks, and among those that are apartment blocks a good number have already been picked up by institutional investors who plan to rent them out. It’s part of the burgeoning Private Rented Sector which will ultimately provide more professional rented accommodation, but limits the supply of individual apartments to buy.

Note too that many of the new homes coming on within the Dublin city area are new releases from existing schemes. Brand new schemes on new sites are few and far between, and those that are available to buy are pitched fairly high. The city centre is no longer first-time buyer territory, so unless you have deep pockets these schemes are likely to have greatest appeal for buyers downtrading within the area.