Bweeng attracts interest as market picks up

The last time a Bweeng house development featured in these page was August 2006, when a 46-unit scheme was launched, one of three in the location back then being touted as a commuter location for Cork city, though it’s 30 kilometres distant.

It was at the Irish property market’s absolute peak, when 1,000 sq ft semi-ds in Bweeng were priced at €280,000, and four-bed detacheds were to be sold at €375,000, while — quite incredibly — individual house sites of 0.2 of an acre were being offered at €190,000.

Then, September 2006, incoming PD leader Michael McDowell said he reckoned the State didn’t need to take in €2bn a year in stamp duty from house sales, and that late summer period was when all the heat (and heated air) went out of the inflated Irish property bubble.