The current price caps envisaged for the Affordable Purchase Shared Equity Scheme are detailed below. These will be finalised in advance of the schemes deployment and will be kept under review.
Determining the price caps requires balancing the accessibility of the scheme for eligible purchasers, mitigating against potential inflationary pressure and ensuring that a range of homes can be supplied across key locations.
The price ceilings are informed by the CSO recorded median prices of new First Time Buyer homes sold by area. Therefore, homes in the lower half of recorded sales prices over the previous year are targeted.
Price Cap (€)
|
Location\Area
|
450,000
|
Dublin City Council, Dun Laoghaire Rathdown
|
400,000
|
Fingal County Council, Cork City Council, Galway City Council, South Dublin County Council, Wicklow.
|
350,000
|
Cork County Council, Galway County Council, Kildare, Limerick City and County Council, Meath
|
300,000
|
Clare, Westmeath, Wexford.
|
275,000
|
Carlow, Louth, Offaly.
|
250,000
|
Kerry, Kilkenny, Laois, Roscommon, Waterford.
|
225,000
|
Cavan, Donegal, Leitrim, Longford, Mayo, Monaghan, Sligo, Tipperary
|
Additional price caps for apartments
|
|
500,000
|
Dublin City Council, Dún Laoghaire-Rathdown County Council
|
450,000
|
Fingal County Council, Cork City Council, South Dublin county Council
|