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Homes, News

Cork County Council just announced 23 new Affordable Homes in Carrigtwohill

By Yay Cork September 23, 2024September 23, 2024

Applications open in two weeks’ time.

Cork County Council is inviting prospective homeowners to apply for 27 new three-bed houses at Baile Adaim, which are being offered at a discounted rate, from 12 noon on Monday, October 7th, 2024.

The development of 23 A-rated, family homes is in a new development situated a short distance from Carrigtwohill village, offering the serenity of rural living with convenient proximity to Cork City.

Constructed by Geaney Group, the houses will generally be available for first-time buyers who do not own a home (although a small number of exceptions apply) and Fresh Start Applicants.

“The development at Baile Adaim is near a town that offers a host of local services, shops, schools and sports clubs, with excellent public transport links and ease of access to the major road networks,” said the Mayor of the County of Cork, Cllr. Joe Carroll.

“The provision of these houses will bring further affordable homes to the people of Cork.”

How does the Scheme work?

Through the Scheme, purchasers will enter an affordable dwelling purchase arrangement with Cork County Council. Under this arrangement, the Council will retain a percentage equity share in the dwelling, equal to the difference between the market value of the dwelling and the price paid by the purchaser, expressed as a percentage of the market value of the dwelling (minimum of five per cent).

Applications for the scheme will be accepted via the online application portal on Cork County Council’s website corkcoco.ie.

Upcoming schemes include the Meadowlands, Macroom, which opens on Monday, September 30th.

Tags: housing, property
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