Sir Sid Darek

Sir Sid Darek

Aim of the Scheme

This Scheme is to encourage residents of apartments/terraced houses and maisonettes owned by the Housing Authority and the Government Property Department to become owner occupiers and continue using the property as their ordinary residence.

10Y

Before property can be transferred

50%

Subsidy on the price of the property to be purchased

25%

Penalty over market value for false declaration

€150K

Maximum assets to benefit from the subsidy