With apartments starting at less than £90,000 (E;114,300), the latest release of units in Riverbank in Drogheda, Co Louth, has been competitively priced to lure the first-time buyer.

Menolly Homes, who tend to produce high volumes at lower margins, are releasing 50 apartments, duplex units and townhouses in Riverbank this weekend.

On sale through Ross McParland, the two-bed apartments start at £89,995 (E;114,293), the three-bed duplex units are from £111,995 (E;142,223) and the three-bed townhouses start at £115,995 (E;147,313).

Riverbank is a mixed development of semis, detached houses and apartments in a valley setting and will comprise a total of 233 homes when completed.

The showhouses will be on view this Saturday and Sunday between 3 p.m. and 5 p.m.

The apartments are very generously proportioned. The three-bedroom duplex is 1,100 sq ft and has steps up to a tiled porch area.

The shiny red front door of the show apartment opens into a small hall which in turn leads to a spacious sittingroom with coving, a timber fireplace and large white PVC window.

The kitchen/diningroom, is impressively large. The kitchen on one side has plenty of well-finished cream Shaker-style units and a window over the sink area. A patio door in the dining area opens on to a large walled terrace.

Upstairs, the main bedroom is very big with extensive and cleverly angled white panelled and mirrored fitted wardrobes, and a good-sized shower en suite with tiling around the shower. The second bedroom is a large double room and the third is a substantial single.

The two-bed ground-floor apartments are 700 sq ft with a sitting/diningroom with feature fireplace. A corridor off this area leads to a kitchen with cream Shaker-style units and a bathroom, with mosaic tiling and wooden recessed wall units.

The main bedroom has an en suite shower room and the second room is also a double. There are also a number of townhouses in the launch which start at £115,995 (E;147,313) and are 1,000 sq ft.