Cairn Homes to sell 282 apartments in Citywest
By Maurice Garvey
Cairn Homes recently commenced a formal sales process to sell 282 apartments in the Citywest Quarter.
The company had only recently begun to build the housing development.
An artist impression of Cairn Homes in Citywest
Cairn’s appointed agents Savills and Hooke & MacDonald are guiding a sale price of €90 million for the development.
If achieved, this would result in an average unit price of €319,150 being paid.
Cairn homes say there continues to be significant demand from institutional investors seeking high-quality blocks of apartments.
The development separately contains 123 houses, 42 duplex units and 14 apartments which will be offered for sale to individual homebuyers in the private market.
The first delivery of the apartment blocks is expected in the final quarter of 2020, with final delivery expected by the end of the third quarter of 2021.
