Yes the value of the site will be considered as part of your equity when applying for a mortgage.

 

First Time Buyers can borrow up to a maximum of 90% of the purchase price of the property, up to 80% loan to value is available for a studio apartment valued at €275,000 or above or a one- bedroom property. We do not lend for the purchase of studio apartments valued at under €275,000.

 

Second Time Buyers can borrow up to a maximum of 80% of the purchase price of the property. This applies to both house purchases and self builds. The total cost of the build together with the value or purchase price of the site is used to calculate the total cost in the case of a self build.