SCHEMES IN prime locations have not escaped the downturn and executive homes are now being offered at significant discounts.

Apartments at Bloomfield Park in Donnybrook come back to the market this week. When the scheme, built on the site of a Carmelite convent, was sold from plans in May 2005 buyers paid €910,000 for two-bedroom apartments.

Now two-bed units are priced at €640,000, a drop of €270,000 or 30 per cent.

Over in Carrickmines in Dublin 18, a scheme of 26 new houses called Claremount have also been reduced in price.

The Parkway Properties scheme features high-spec finishes and high-tech features.

Four-bed detached houses were priced at €2.3 million when the scheme was first launched, but now are priced at €1.4 million, down by 39 per cent.

Five-bed detached houses are priced at €1.9 million, down from €2.8 million, a cut of 32 per cent.

Sherry FitzGerald is the selling agent on both these schemes.

Finally, apartments at the grandly named Kensington Lodge on Rochestown Avenue in Dún Laoghaire have also been reduced.

The scheme of 86 apartments for sale off-plans will be laid out in three blocks around a Georgian house and its walled one-acre garden.

One-bed units are priced from €295,000, down from the original price tag of €350,000 in June last year. This represents a fall of 16 per cent.

Two-bedroom units are priced from €375,000, down from €450,000, or a fall of 17 per cent. Finnegan Menton is the selling agent.