EXPECT OVERNIGHT queues to form next week when the Dublin Docklands Development Authority (DDDA) offers for sale another tranche of “affordable” apartments at Spencer Dock in an open day viewing from 5pm to 7pm on Thursday.
The apartments, 17 one-beds at €240,000 and six two-beds at €265,000, are open to anyone who is a first-time buyer earning a maximum of €58,000 a year or €75,000 for a couple.
Potential buyers do not have to be on any housing list to qualify and usual conditions associated with affordable housing, like clawbacks if the unit is sold on, do not apply.
But, if you’re interested, make sure you have all your required documentation in order (see www.dublindocklands.ie).
This is the first time the DDDA has opened up the sale of Spencer Dock apartments to all first-timers who satisfy the affordable incomes thresholds so, given that some people queued for two nights to buy homes in the last tranche released in May, the DDDA may have some sort of tented village of eager buyers on its hands any day soon.
Around 600 apartments were bought from plans when Spencer Dock was first launched by Treasury Holdings in 2003 at prices ranging from €315,000 to €665,000, so the DDDA units are clearly priced to sell.
