A new homebuilding model in Co. Kerry

Untitled Design (8)

In an effort to attract and retain staff, Walsh Colour Print in Castleisland, Co. Kerry has decided to build houses for its employee’s at reduced costs.  Through their not-for-profit project, they are providing staff with the opportunity to buy A-rated, air-to-water heating houses at €150,000.  Having noticed that it’s personnel, who were earning too much to qualify for social housing and not enough to be granted mortgages at current market prices, were becoming disillusioned and were considering leaving the area.  One of the conditions of the scheme is that the employee must continue working in the company for 10 years, at which point they can sell the property without any penalty.  Building has begun on 20 of the 70 houses which received planning permission. 

This article was first seen on: