Valued at €150,000-160,000 but on sale for between €115,000-120,000, the three-bedroomed semi-detached houses were built by Cork County Council specifically with young first-time buyers in mind. But so far the interest has been minimal.
The response has been so poor that the council is asking Youghal Town Council to try and generate interest from eligible applicants for the houses at Seafield.
The houses are subsidised because they are being built on land owned by Cork County Council. This makes them considerably less expensive for a house-hunter who ordinarily would have to pay for a site.
Work on the houses is nearly complete and an official from the county council housing department said it was “as attractive a scheme as we’ve ever been involved in. The layout and design of the houses are first-class, and sited as they are in such an area one would imagine there would be massive interest in them,’’ he said.
“There will be substantial savings for first-time buyers,” assistant county manager Donal Barrett said yesterday. “However, we have to admit that we are unhappy with the level of interest in them.”
Mr Barrett said the county council was asking Youghal Town Council to become involved in the hope more first-time buyers would become interested.
“I would hope that the town councillors would do all they can personally to publicise the houses,” said Mr Barrett.
All the information relating to the houses will be available at the Mall Art Centre, which is the new administrative headquarters of Youghal Town Council.
Youghal Mayor Seánie Ring said he was “astounded’’ that they had to go public in this way to try and generate interest in the scheme.