County Council announce new affordable housing scheme in West Cork 

Cork County Council has announced 12 new affordable homes that will shortly become available in Bantry.

The new three-bed homes, located a short distance from Bantry town, are being offered at a discounted rate.

Cork County Council is inviting prospective homeowners to apply from 12 noon on Monday, November 25.

The A-rated family homes are in a new development situated at An Cnocan, Milleencoola.

“Cork County Council is delighted to announce the launch of this Affordable Housing Scheme in Bantry,” Mayor of the County of Cork, Cllr Joe Carroll said.

“The development at An Cnocan will not only bring much needed housing to the area at accessible prices but will also enrich the lives of those who will call it home. 

“The houses are in a fabulous location, are well designed and finished to a very high standard.”

Constructed by Remcoll Developments Ltd, the houses will generally be available for first-time buyers who do not own a home, although a small number of exceptions apply, as well as to Fresh Start Applicants.

The houses will be available from €235,000 which represents a reduction of approximately 17.5% from market value.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 5%).

Chief executive of Cork County Council, Moira Murrell said the scheme is an “important part of council plans to provide new homes in areas with the greatest housing need”.

Those that are interested can apply for the homes via the online application portal that is on Cork County Council’s website - www.corkcoco.ie.