Back to site

Unlocking the Future of Irish Real Estate: How Apartment Standards Reform Could Reshape the Market

In Martin Property this week we have been examining the recent decision to relax Ireland’s minimum apartment standards is making waves across the property sector. The move is designed to reduce construction costs and speed up delivery of new homes, with the hope that increased supply will help ease pressure in the housing market.

From an agency perspective, this change could bring both opportunities and challenges. On the positive side, developers may find projects more financially viable, which in turn could lead to a greater pipeline of units available for buyers and renters. This would be welcome news in a market where demand continues to outstrip supply.

However, the long-term impact needs careful consideration. Apartments are not just short-term solutions—they are homes. Reducing minimum standards raises concerns about space, liveability, and sustainability. Smaller or less adaptable units may address immediate demand but could prove less attractive to future buyers, impacting both resale values and the overall quality of Ireland’s housing stock.

For agencies, this means guiding clients with a balanced view:

  • Buyers and investors should be aware that while supply may increase, not all apartments will offer the same long-term value.
  • Developers must weigh the short-term financial benefits against the need to deliver homes that remain desirable in the future market.

Ultimately, the success of this policy will depend on how well Ireland can balance affordability with quality—creating homes that meet urgent housing needs today while still providing lasting value for residents and communities tomorrow.

Read the full article here.

Pagespeed Optimization by Lighthouse.