Property Eligibility
The property must:
- Be situated in the Republic of Ireland
- Be eligible for the Vacant Property Refurbishment Grant whether derelict, non-habitable or simply vacant.
- You cannot use the Local Authority Purchase and Renovation Loan to purchase a home only. The conditions of the Local Authority Purchase and Renovation Loan require the property to be brought up to compliance with building regulations, so the purchase of a derelict home without provision for renovations works to bring it up to the required standard is not covered by the Local Authority Purchase and Renovation Loan.
- The maximum end-of-works value of the property cannot exceed the existing price limits of the scheme:
• €360,000 in Dublin, Kildare or Wicklow,
• €330,000 in Cork, Galway, Louth or Meath,
• €300,000 in Clare, Kilkenny, Limerick, Waterford, Westmeath or Wexford
• €275,000 in Carlow, Cavan, Donegal, Kerry, Laois, Leitrim, Longford, Mayo, Monaghan, Offaly, Roscommon, Sligo or Tipperary.
Adequate home insurance must be in place, and the Local Authority's interest must be noted on the policy
The property must be for your principle private residence and cannot be rented out.