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Ireland's 2026 housing tax break may cost €120M yearly but deliver far less than expected housing savings, benefiting investors more than homebuyers.
A proposed Irish tax break for apartment developments in Budget 2026 could cost up to €120 million annually, but officials warn it may deliver far less than the projected €6,000 per unit savings due to complex financing, low actual construction starts, and limited profit in many projects.
The measure, intended to boost housing supply, may primarily benefit investors and property funds rather than directly lowering costs, with concerns it could serve as an indirect subsidy.
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La exención de impuestos sobre la vivienda de 2026 en Irlanda puede costar 120 millones de euros anuales, pero generará ahorros de vivienda mucho menores a los esperados, beneficiando más a los inversores que a los compradores de viviendas.