Investment Highlights
Attractive tax based property transaction with capital allowances of 91% of purchase price
Rental guarantee provided by the developer
Tax life ends on 31st January 2017
Valuable tax allowances attaching against all income, subject to a maximum of €31,750 per annum with remaining allowances available to offset against Irish sourced rental income;
Price inclusive of legal and tax advice fees
Purchaser conveyance fee included in purchase price
Turn-key development, currently in use
Pre-agreed lease with nursing home operator to provide services to the village;
Rent Pooling arrangement
Top quality property, fixtures, fittings and furniture to a 4 star level, by a developer with a reputation for quality work
Investors will own their underlying unit at the end of the tax life of the investment
From February 2017 the purchaser of the unit has the option to re-let the unit to the nursing home, let it privately, occupy it or sell it on the open market
Total fit out including furniture
Fitted kitchen with electrical appliances
Electric heating
Feature fireplace with electric coal effect fire
Double glazed teak windows
Centralised TV
Telephone points in living room and bedroom
Tiled bathroom and kitchen
Wood flooring to hall and living room
Smoke alarm
Burglar alarm
24-hour emergency call system
Designated parking
10 year structural guarantee provided by Homebond
CRV aims to provide its residents with all the advantages of independent living combined with the security and support that the nursing home operator can offer.