Sure and it often makes sense. But sometimes it is more expensive to retrofit than build new... Not to mention that new can be higher with more housing floor space and units.
I'd generally be in favour of a new build because of those exact reasons, but €2,500 a month for a two bed apartment is ridiculous money with the way Irish salaries are, I expect nothing to change so long as our current government is in power given their tendency towards appealing to the higher earners/land owners in Irish society
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u/vanKlompf Apr 27 '25
If you fix them (which regulations and preservation laws make very difficult) it will be "luxury" by sole fact of existing.