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'€1,500 flat worth it, but I can't see family with kids paying that' - young pro

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An artist’s impression of development

An artist’s impression of development

An artist’s impression of development

The high cost of living in one of the country's newest apartment complexes is "worth the money", according to its tenants.

Luc Winkelmolen (31) and his partner Kelvin were among the first to move in to the built-to-rent homes in Clongriffin, north Dublin.

The €1,500 a month fee for the furnished one-bed apartment includes utility bills, bin collection, broadband and TV.

The couple can also use the on-site gym, yoga studio, cinema and communal lounge area.

They had to sign their lease online without having viewed the property.

Bills

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A drone shot of ongoing work on the apartments

A drone shot of ongoing work on the apartments

A drone shot of ongoing work on the apartments

The One Three North development, managed by Vesta, also has two-bed apartments from €1,990 a month and three-bed units from €2,499.

Mr Winkelmolen, a technical engineer from the Netherlands, said the amenities included in his rent save him about €250 in monthly bills.

However, he could not imagine how a family with children could afford one of the larger apartments.

"We moved in on Tuesday and are impressed with how spacious our place is," he said.

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Kelvin Lau and Luc Winkelmolen with their Cat Blitzie at their new apartment in Clongriffin. Photo: Mark Condren

Kelvin Lau and Luc Winkelmolen with their Cat Blitzie at their new apartment in Clongriffin. Photo: Mark Condren

Kelvin Lau and Luc Winkelmolen with their Cat Blitzie at their new apartment in Clongriffin. Photo: Mark Condren

"It was risky signing the lease without seeing the apartment, but at the back of my mind I was happy it was A-rated and accepted cats.

"It's pricey, but the market has got so crazy in Dublin that there are far more expensive places out there.

"In Harold's Cross, there are one-bedroom apartments for €2,000 and in the Docklands renters pay over €2,850.

"The amenities here are great and we save a lot of money not having to pay for our internet and gym membership separately, but I can't imagine how a family with kids could afford this."

Mr Winkelmolen, who has been renting in Dublin for the past six years, said a similar apartment in the Netherlands would set him back only €800 a month.

Crazy

"The rental market in Ireland is crazy as there's a very high demand with very few high-quality apartments here. An apartment like this would set us back about €800 per month in the Netherlands, but they come unfurnished," he said.

Sinn Fein housing spokesperson Eoin O Broin said €1,500 for a one-room flat is "far too expensive".

"There's no reason why you can't have a good quality rental in Dublin for €700 for a one-bedroom €800 to €900 for two beds," he said.


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