Breathing Life Back into Derelict Homes: How the Derelict Property Grant Can Transform Forgotten Buildings.

Across Ireland, there are once-beautiful homes and properties that have fallen into disrepair – sitting idle, boarded up, or overgrown. Now, thanks to the Derelict Property Grant, owners and buyers have a real opportunity to bring these buildings back to life — with up to €70,000 available in funding to support refurbishment works.

At Sigma Homes, we specialise in complete end-to-end renovation and retrofit services, managing every stage from survey and design to construction and compliance. Here’s what you need to know about this powerful scheme and how we can help you make the most of it.

What is the Derelict Property Grant?

The Derelict Property Grant is part of the wider Vacant Property Refurbishment Scheme – a national initiative designed to tackle vacancy and dereliction, particularly in towns, villages and rural areas across Ireland.

Under the scheme, homeowners and prospective buyers can apply for:

  • Up to €70,000 for the refurbishment of a derelict property – that is, one that is structurally unsound and requires substantial work before becoming habitable.
  • The grant can cover costs such as building works, materials, professional fees, and utilities required to bring the property back into use.

Who Can Apply?

To qualify for the Derelict Property Grant, you must:

  • Own (or be in the process of buying) a property that is vacant for at least two years and derelict in condition.
  • Use the property as your principal private residence once works are complete – or make it available for rent (with certain conditions).
  • Have the property built on or before 2007.

You will need to provide evidence of ownership or proof of purchase, documentation showing the property’s derelict condition, and an assessment or cost breakdown of the works required.

How Sigma Homes Supports You

Renovating a derelict property can be a major undertaking – but it’s also one of the most rewarding projects a homeowner can embark on. Sigma Homes brings the experience, technical expertise and project management required to ensure it’s done right.

Here’s how we help:

  • Site Assessment & Feasibility: We’ll inspect the property and provide a realistic overview of what’s needed – from structural repairs to energy retrofitting.
  • Design & Planning: If planning permission or architectural input is required, we manage that process and ensure compliance with building regulations.
  • Budget & Grant Coordination: We’ll help align your renovation plan with the grant requirements, ensuring eligible works are clearly identified and documented.
  • Construction & Retrofit Delivery: Our in-house team manages every aspect of the build – from stabilising the structure to insulation, mechanicals, fit-out, and finishes.
  • Certification & Handover: We provide full certification (BER, Building Regulation compliance, warranties) and guide you through final inspections or grant drawdown.

Why This Grant Matters

Bringing derelict properties back into use benefits everyone:

  • Homeowners gain a beautiful, cost-effective home in a desirable area.
  • Communities see renewed life in once-abandoned streets.
  • The environment benefits from reduced waste and sustainable reuse of existing building stock.

This €70,000 grant helps bridge the gap between a property’s purchase price and the cost of making it habitable – making renovation financially feasible where it might not have been otherwise.

Tips for Success

  • Apply before starting works – applications must be approved by your local authority (e.g. Cork County Council) before you begin major works.
  • Document everything – keep invoices, drawings, engineer’s reports and photographs.
  • Future-proof your project -combine the grant with retrofit upgrades such as insulation, airtightness and modern heating systems to ensure long-term comfort and value.
  • Partner with experts – engaging an experienced design-and-build company like Sigma Homes ensures your project meets both technical and grant compliance standards.

Conclusion:
The Derelict Property Grant offers an incredible opportunity to transform disused buildings into beautiful, modern homes — all while benefiting from significant financial support. At Sigma Homes, we’ve helped many clients navigate the process seamlessly, from grant application through to completed handover.

If you’re considering purchasing or renovating a derelict property, get in touch with our team today. Together, we’ll turn that forgotten building into a home full of life once more.

Making the Most of the Living City Initiative: Tax Relief for Historic City-Centre Properties

For homeowners and investors in city-centre locations, especially in Cork, the Living City Initiative (LCI) is a compelling incentive. It’s less known than direct grants but can have significant financial benefits when refurbishing older buildings in designated “Special Regeneration Areas”.

Here’s why it matters:

  • What is the LCI? The scheme provides tax relief (income tax deductions or capital allowances) on qualifying refurbishment/conversion expenditure for properties in designated city-core regeneration areas (including Cork).
  • Key criteria: The property must be in a Special Regeneration Area (SRA). For the residential element, the building must have been built before 1915 in many cases. Works must be carried out within the qualifying period (up to 31 December 2027).
  • Types of relief:
    • Owner-occupier residential relief: deductions over several years.
    • Rented residential relief (landlord)
    • Commercial/retail relief for conversion of buildings for business use.
  • How Sigma Homes helps:
    • Assess whether your property falls into the SRA and meets construction/age criteria.
    • Plan the refurbishment to ensure expenditure qualifies (eg, conversion costs, professional fees, eligible works).
    • Coordinate with accountants/tax advisors for proper documentation of relief claims.
    • Manage the build, finishes and compliance, so the property attains its new use (residential or rental) and benefits from the relief.
  • Why it’s valuable: The relief effectively reduces tax on refurbishment cost, increasing your net return on investment or lowering cost of ownership. In areas like Cork the uptake has grown and contributed to re-activating city-centre living.
  • Considerations & tips:
    • Ensure the works are commenced and expenditure incurred within the scheme’s qualifying period.
    • Keep detailed records of costs, planning/building approvals, contractor invoices.
    • Engage a refurbishment specialist early so the scope of work aligns with scheme eligibility.
    • Consider the building’s heritage status or any architectural conservation area – these may add complexity (and opportunity) that your contractor needs to manage.

Conclusion: If you’re looking at regenerating a historic city-centre property – whether for your own home or as a rental/investment – the Living City Initiative offers a smart financial lever.

Please note: There is a limited to the type of properties Sigma Homes can work on.

Sigma Homes: Excellence in Business Award Winner 2025

Founded by Patrick O’Brien after a successful early career in construction, Sigma Homes was established to fulfil the growing demand for a comprehensive ‘one-stop-shop’ in home projects. By integrating design and build services under one roof, Sigma Homes offers a streamlined approach that simplifies home renovations, extensions, and retrofits, making it easier for clients to achieve their dream homes.

Sigma Homes provides an all-encompassing suite of services that includes initial property inspections, consultation, design, financing, grants applications, planning submissions, and on-site construction. Operating in Cork, Sigma Homes takes on a new project every Monday and completes a home handover every Friday, maintaining an efficient and predictable schedule for clients. The company’s clientele includes homeowners seeking to rejuvenate or extend their existing properties with architectural expertise and innovative design.

What truly distinguishes Sigma Homes is its commitment to a seamless, end-to-end service. A team of skilled professionals work closely together, ensuring each project is approached with a unified vision, balancing clients’ aspirations and budgets. Additionally, Sigma Homes guarantees its craftsmanship with a fixed handover date and an extensive ten-year aftercare service, giving clients the confidence that their homes are in safe, capable hands long after project completion.

In recent years, Sigma Homes has seen remarkable achievements, from industry accolades to significant partnerships. The company recently received the Best Use of Facebook 2024 award at the Cork Digital Marketing Awards, showcasing its dedication to sharing valuable insights with followers and staying connected with the community. Through its social media presence, Sigma Homes prioritises sharing practical industry tips and promotes sustainable building practices to their followers. This year, Sigma Homes proudly partnered with the Cork Chamber, using the Chamber’s resources to enhance its staff’s skills through various training sessions—a testament to the company’s commitment to continuous professional development and maintaining the highest standards in the industry.

 

Notably, Sigma Homes collaborates with Cork County and City Councils to assist clients in securing grants for vacant or derelict properties, underscoring the company’s commitment to sustainability and revitalising Cork’s built environment. Sigma Homes believes that “the most sustainable building is the one that’s already there,” and actively promotes energy improvements in every project, guiding clients through available grants and retrofit options to ensure the best outcomes.

As the proud recipient of the Excellence in Business Award 2025, Sigma Homes is eager to continue growing its impact. The company plans to increase its project capacity in Cork over the coming years, supported by an engaged social media following on its newly launched TikTok channel.

Sigma Homes attributes its success to the dedication of its team, whose unwavering support and professionalism ensure that clients’ needs remain at the forefront. For those in Cork interested in learning more about a home project, visit www.sigmahomes.ie where Sales Manager Eilís is ready to help.

Address: Unit A4, Donnybrook Commercial Centre, Donnybrook, Cork

Phone: (021) 436 5866

vacant property grant

Vacant Property Grant

How Long Does a House Have to Be Vacant to Get a Grant? 

Have you an unoccupied property that you are looking to upgrade? Then luckily for you in Ireland there is a vacant property grant available which provides funding so you can refurbish your vacant or derelict home. This grant is versatile funding and can be used to renovate vacant and derelict properties that have not been used as residential properties before, providing there is the now the correct planning permission. This funding can be awarded to those renovating a vacant property so that they can live or  rent it out.  

So, what is the vacant property grant and how do you avail yourself of it? 

At Sigma Homes, we are here to guide you through the vacant property grant. The official name for it is The Vacant Property Refurbishment Grant and this can provide funding of up to €50,000 to refurbish unoccupied property and up to €70,000 if it is a derelict property. The grant is funded by the Department of Housing, Local Government and Heritage through the Croí Cónaithe (Towns) Fund. The term “vacant” means that to avail of the vacant property funding, the property must be either vacant for two years or more or it is in a state of derelict where no one can live in it. If you buy the property and leave it purposely vacant for two years in hopes of receiving the grant, you will not qualify for it. 

To receive the vacant property grant there are some other criteria that you must be aware of such as: 

  • You must be the owner of the property or in the process of buying it. 
  • You must live in the house or rent it out when it is complete. 
  • If you plan on renting the house, with the Residential Tenancies Board, you must register the tenancy 
  • Tax affairs must be organised and have received the go ahead from Revenue. 
  • The Local Property Tax on the house must be paid 
  • And you can’t qualify for the vacant property grant if you are a registered company. 

To apply for the grant you must have proof that the property has been vacant for two or more years. Utility bills such as ESB can be used to show it is vacant during a particular period. You must also be able to provide proof that you own the property and hold proof of planning permission if it is required. If you intend on applying for the vacant property grant to using on a derelict building, the property must be on the Derelict Sites Register or a report from a qualified professional stating the property is derelict. You will also need to provide a quote for the work that needs to be completed as well as signing a declaration and an affidavit provided by the Department of Housing, Local Government. The quote for the work needed to be completed is where Sigma Homes can help you! 

After these steps have been completed the application will be reviewed and processed. To save time waiting for an answer before you apply, contact the vacant homes officer in your area to see if your property will qualify for the vacant property grant scheme. At Sigma Homes we specialise in refurbishing vacant and derelict properties. Whether you want a free quote or a chat about the process we would love to hear from you! For any queries, please contact our team.  

Visit Us at

Unit A4, Donnybrook Commercial Centre
Douglas, Cork

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