From the article: Looks like it’s for NEW ‘homes’ only (so, yeah, a ‘home’ could be an apartment, they do use the term loosely)
"First-time homebuyers are to be given a refund on income tax to help them accumulate a mortgage deposit under proposals expected to be included in next month’s Budget.
It is understood the level of the refund, which sources expect to range between €5,000 and €15,000, will be linked to the price of the home rather than the earnings of buyers.
The scheme is aimed primarily at newly-built properties priced between €220,000 and €320,000.
The scheme will be designed to ensure couples and single people are treated equally.
The grant will be awarded as a “bullet refund”, a lump sum discharged in one go, to help buyers meet the Central Bank requirements in relation to mortgage deposits.
Earlier this week, Mr Coveney indicated couples and individuals seeking to buy new homes will be treated equally.
However, final figures will not be arrived at until Mr Noonan’s overall tax package is agreed in advance of the October 11th Budget."