Glenveagh’s €79M Price Tag Unveiled for 159 Meath Social Homes

Housebuilder Glenveagh is proposing to transfer 159 social-housing units to Meath County Council for a combined €79.16 million, according to recently submitted planning documentation. The financial breakdown indicates that individual units in the county development will carry a price tag ranging from €339,000 to €839,000 each.

The proposed transaction forms a key component of a much larger residential scheme encompassing 757 homes spread across a 92-acre parcel of land adjacent to the historic Carton House Hotel. The planning paperwork lodged for the project clearly outlines the financial framework for the council-purchased portion, detailing how the acquisition fits into the broader estate layout.

As reported by The Irish Times, the disclosed pricing structure highlights the significant investment required to secure public housing in the region. The figures provide transparency around Meath County Council’s procurement strategy as planning authorities continue to evaluate the full scope of the development.