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ARTICLE · 19 OCTOBER 2026

Budget 2027: What It Means For Real Estate, Infrastructure And Development

Arthur Cox
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Ireland's Budget 2027 shifts focus from major tax reforms to infrastructure delivery and development acceleration. With €20.3 billion allocated to capital expenditure and targeted measures for housing, energy, and transport, the budget emphasizes removing bottlenecks and improving efficiency. Notable changes include reduced investment undertaking tax rates, a new derelict property tax, and modifications to capital gains tax treatment for development land.

IrelandTax
Simon Hannigan
Simon Hannigan
Deirdre Barrett
Deirdre Barrett
Brian O'Rourke
Brian O'Rourke
Deirdre Sheehan
Deirdre Sheehan
Martina Firbank
Martina Firbank
Mary Dineen
Mary Dineen
Katrina Donnelly
Katrina Donnelly
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From a real estate, infrastructure and development perspective, Budget 2027 is notable as much for what it does not contain as for what it does. Unlike previous budgets, it does not introduce any major headline tax measures and in particular, does not include the significant housing-viability measures introduced in Budget 2026. Instead, the emphasis is on delivery, with increased capital investment and measures aimed at improving efficiency and accelerating development timelines.

Key takeaways

  • Increased capital investment: Capital expenditure on infrastructure will increase to €20.3 billion in 2027, an increase of €1.1 billion on 2026 levels. This investment is intended to support critical infrastructure, including water services, electricity networks, biomethane projects and district heating systems.

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