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Residential property

Everybody needs a home, but housing is not a “one size fits all” product. What is suitable for one person will not meet the needs of another. For this reason, residential property takes various forms, from apartments to semi-detached housing to homes for the elderly. A family with three children might be happy living in a house with a garden and 15 minutes drive from a town centre, where a young professional would prefer to share an apartment in a bustling city centre, close to cinemas, cafes and other services. A student who is away from home for the first time and wants to spend most of their time in the library or out meeting new people will need somewhere different from somebody who is has retired and needs various types of support and possibly access requirements.

Our tenancies for these homes are also different, and different tenancy arrangements need to be available for different people’s circumstances.

Owner-occupied homes are where the person owning the home, bought either with cash or with a mortgage, lives in the home. This is the main type of tenancy in Ireland (67.6% Census 2016) but has seen gradual decline in recent years as Ireland has become younger and more international in its demographics.

Social housing is needed for some people who cannot afford to either buy a home or to rent it on the private market. Social housing requires support from government to build and need to be actively managed, and can be provided by separate organisations known as Approved Housing Bodies.

Short-term rental is sought by those who only need accommodation temporarily. This might be because they have recently moved to a new location and need somewhere to live before finding a more permanent home, or for visiting business people who are here for a defined time.

Long-term rental is desired by people who either do not want to buy a home or may be saving to do so. It gives people the freedom to move on after time to accommodation that is more suitable; for example when they find a partner or have children, but gives them enough security to know that they will be able to engage with their community without having to move in 6-months or a year.
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