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Cork: Priced-out buyers move beyond suburbs

 

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Drakes Point

Drakes Point

Drakes Point

The first new development scheduled to go on the market in Cork this year is Ballinglanna, in the suburb of Glanmire.

The O'Flynn Group scheme, earmarked for a February 9 release, will comprise two, three and four-bed homes.

The same developer also expects to launch a new phase of three and four-bed semis and four-bed detached properties at Clonlara on February 16.

The scheme, which first launched in May, is located in a picturesque hamlet called Kerry Pike, on the northwest outskirts of Cork city.

In early March, developer Caraden Homes will launch the first phase of Martello, a scheme of 56 semis, at Rushbrooke on the western side of Cobh.

Cobh, which has a rail service, has increasingly become a commuter town as buyers are priced out of Cork City's suburbs. On March 23, Homeland Projects, which has a penchant for converting large period homes and constructing new-builds on their grounds, will launch a scheme called Brookhill just outside Carrigaline.

Further down the estuary, in Crosshaven, the O'Flynn Group has pencilled in May 18 to release a new phase of four-bed detached homes at Drakes Point (pictured).

Gannon Homes, meanwhile, will market a new release of four-bed semis in April at Kinsale Manor, which last year became the first large housing scheme to be built in the upmarket coastal town for years.

When the development is finished, it will comprise 136 three and four-bed homes.

Enquiries to: Sherry FitzGerald Cork (New Homes) (021) 427 3041

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