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Sunday Property Round-Up July 27th 2025

Weekly Irish property market news and insights – for the industry, by the industry  

Message from Carol Tallon: 

Updated National Development Plan €275.4 billion budget allocations across the various government departments dominated industry commentary this week. It raised many questions, the most serious being: ‘Will the Government’s big projects survive the next downturn?’ The Irish Times has a good podcast on this. 

The other big question is: Will developers and private sector project owners survive long enough to reap the benefits of this enhanced capital funding? Industry conversations this week confirm that many won’t. It is simply too little too late for some.

In a flurry of media commentary post announcement,  Joe Lynam on Newstalk Business helped to cut through the noise and decipher what this funding commitment actually means for project delivery. In an interview with Turner & Townsend’s Dr. Kaine Lynch, Director, Infrastructure Ireland, it was interesting hear discussed not just what the plan contained, but critically, what it doesn’t i.e. this enhanced ‘financial muscle’ is being applied without an overarching national infrastructure strategy informed by an objective needs analysis, which Dr. Lynch maintains is critical to guide strategic planning and project prioritisation. This is definitely worth a listen this weekend: https://open.spotify.com/episode/6pYtW0kOzlsl92QJm7bPXc?si=FKQPfSffTVeofB6lu0VRoQ 

Continuing our social listening engagement with would-be homebuyers, results of Katie Tallon’s latest survey showed that 71% would consider taking on a partially built home. This comes after last week’s poll in response to the latest vacant and derelict homes grants data drop, which confirmed that a whopping 86% of would-be buyers would be willing to relocate to an Irish island in order to access affordable housing… We are over-complicating and over-specifying housing to the point of exclusion; we need to find a way to listen more meaningfully to the community and bring them along to help tackle delivery in a more sensible and urgent way.

Finally, Property District’s Development Heat Map is now live, allowing project owners to map development activities across Ireland – at all stages of planning – and allowing contractors and the supply chain to visually track pipeline opportunities and monitor progress: https://propertydistrict.ie/development-heat-map/

As always, you can contact me directly on carol@caroltallon.com

PROPERTY DISTRICT PRESS OFFICE 

Below are the local and international stories that might be of particular interest

  • National Development Plan: It is not yet clear what the breakdown is under the justice budget and how much will go to prison expansion and refurbishment, given the escalating overcrowding crisis in the Irish Prison Service. The programme for government commits to 1,500 new spaces by 2030 https://www.irishexaminer.com/news/arid-41674481.html
  • Call for empty buildings in Cork to be used for arts and business purposes to tackle dereliction: Cork County Council called on to facilitate ‘meanwhile use’ of vacant and derelict buildings in West Cork as they await longer-term development https://www.irishexaminer.com/news/munster/arid-41675501.html

If you missed last week’s round-up, you can catch up here: https://ipropertyradio.com/sunday-property-round-up/ 
As always, you might let me know if I have missed out on any relevant property news by emailing carol@caroltallon.com 

PLACEMAKING: https://placeengage.com

Open public consultations and community engagement, in association with the Public Consultation Institute of Ireland

  • Beautiful – Sustainable – Together: Aligned with Aarhus Convention transparency and New European Bauhaus principles, PLACEengage empowers communities, planners, and developers across Ireland’s public and private sectors to collaborate more effectively — Learn more at www.PLACEengage.com PLACEengage: Better placemaking, together.
  • Cork’s iconic Patrick’s Hill ‘badly in need’ of revitalising: City council has confirmed that graffiti in the nearby Bell’s Field is set to be removed soon, but in general the area and other nearby green spaces should be better utilised https://www.echolive.ie/corknews/arid-41673992.html

Rural & Islands

CONSTRUCTION: https://breakingground.news 

Breaking Ground News: Appointments & #ConstructionCareers

  • BGN Construction Careers, your weekly newsletter from Breaking Ground news, keeps you updated on the latest job opportunities, while showcasing the very best employer brands and projects, across Ireland’s construction industry. Whether you are looking for your next role or planning your career path, stay connected with us for new openings, upskilling opportunities and industry news.

Get all the latest job details straight to your inbox: Sign up https://breakingground.news/sign-up-form/

PODCAST:  

🎙️ “It’s going to be difficult to get quick wins… Government today needs to think about doing something that’s going to make a difference in 15 years’ time, not five”

With global housing shortages and a struggling industry, iProperty Radio host Carol Tallon chats to Jerry Ryan, Executive Chairman of HKR Architects to discuss why traditional construction is falling short and how digital transformation, modern methods of construction (MMC), new materials and a total rethink of urban planning can help. 

From building €2 billion megaprojects in the Middle East to advocating for new towns along Ireland’s Dublin-Belfast corridor, Jerry talks about what the future of architecture might look like and the changing role of architects.

Listen back to the Breaking Ground: Construction News  show on iProperty Radio: 

📽️ Watch – https://youtu.be/D_BMvix04g0 

📣 Listen – https://open.spotify.com/episode/65i0QOsUK4gzLr6M3Wv6rS?si=415e9b3a44704f70 

All Breaking Ground episodes – https://ipropertyradio.com/breaking-ground/

Check out all other iProperty Radio podcasts – https://ipropertyradio.com/

REAL ESTATE: www.irishrealestate.news

Residential 

  • AIB units EBS and Haven are cutting the interest rates on non-green mortgages by up to 0.50% for new and existing customers https://amp.rte.ie/amp/1524910/
  • Is a four person mortgage smart? | Newstalk 

Property of the week 

This Rathmines home comes complete with an indoor pool and recording studio https://www.image.ie/living/this-rathmines-home-comes-complete-with-an-indoor-pool-and-recording-studio-962486 

Old schoolhouse in Wicklow transformed into modern family home with tennis court on the market for €1.1million https://evoke.ie/2025/07/24/life-style/property/old-schoolhouse-wicklow 

Commercial 

PODCAST: The Property Roundup on iPropertyRadio.com

Produced by Katie Tallon MPRII, with Hear Me Roar Media on sound https://hearmeroarmedia.com

All Property Round Up episodes – https://ipropertyradio.com/property-roundup/

FACEBOOK group for homebuyers and investors in Ireland 2024: https://www.facebook.com/groups/IrishPropertyBuyers/ 

Further property resources at: https://www.amazon.com/Carol-Tallon/

PROPTECH, CONSTRUCTION TECH & SMART CITIES: https://prop-tech.ie/

Proptech Ireland is updating the database of 2025 Irish technology providers for the built environment – sign up here: https://prop-tech.ie/register/  and email product or service details to hello@prop-tech.ie

  • Proptech Ireland: Ireland’s CONSTRUCTION and REAL ESTATE ESG technologies resource hub. Confused about how and where to start on your ESG journey? Contact us 👉https://prop-tech.ie

PODCAST: The Proptech Hot Seat on iPropertyRadio.com

Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders https://prop-tech.ie/ 

Produced by Katie Tallon, with Hear Me Roar Media on sound https://hearmeroarmedia.com 

All Proptech Hot Seat episodes –  https://ipropertyradio.com/proptech-hot-seat/ 


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