Ballinrobe, Co. Mayo.
Bower’s View comprises 10 apartment styles from two to four bedrooms. Each one is a testament to the commitment of the developers, Western Pride Bakeries (Ballinrobe) Ltd., combining distinctive architectural design, sound construction and imaginative use of space to provide an attractive living environment.
As a purchaser, Bower’s View offers you choice, value for money and the peace of mind that you will be moving into a town which provides a well-rounded and modern way of life for its residents.
Specifications
- High quality fitted kitchens
- Bathrooms with extensive tiling
- High quality sanitary ware in bathrooms and ensuites
- Hardwood windows
- Wired for TV and broadband
- Painted throughout
- High quality timber flooring
- Fully operational intruder alarm
- 10 year Homebond Guarantee
- Fully integrated fire alarm system
- Long lasting maintenance free external paint
- DEVI underfloor heating
- Provision for discreet storage
- Concrete framed construction
- High performance acoustic insulation
- Spacious grounds with ample car parking
- Luxurious entrance lobbies
- Lift service to upper floors
- Open fireplace in living area
Tax Allowances
The development qualifies fro Section 23 type and Owner Occupier reliefs under the Rural Renewal Tax Incentive Scheme. The eligible allowances are approximately 98% of purchase price.
Owner Occupier Relief
This relief refers to new build construction and the type of use is Residential Owner Occupier. The relief in this case is 50% of eligible construction costs is allowed at the rate of 5% per annum over 10 years against total income.
The property must be the sole or main residence of the individual. Where an individual claims to joint assessment the relief may be deducted from the income of either spouse. This choice is not available where separate assessment is claimed.
Section 23 Type Relief
Section 23 relief refers to new build construction and the type of use is Residential Investor. 100% of eligible construction costs may be set against Irish Rental Income. Its availability is not confined to rental income arising from this property but is available for offset against all Irish rental income. In the case of construction, the figure for relief includes construction costs and site development costs but excludes site acquisition costs.
PLEASE CONSULT YOUR FINANCIAL ADVISOR FOR FURTHER INFORMATION AND/OR ADVICE ABOUT THESE TAXATION INCENTIVES.
