Rural Tax Incentive makes Sligo Property Quite Attractive

Rural Tax Incentive makes Sligo Property Quite Attractive

Rural Tax Incentive makes Sligo Property Quite Attractive On offer in Yeats Country County Sligo, are large 4 bedroom detached houses for €295,000. Now, if you think at this price the houses are a bargain, well, it doesn”t stop there. Ivy Grove housing development in Collooney town a mere 7 miles from Sligo comes under the umbrella of the Rural Renewal Tax Relief Scheme.

Under … this scheme owner occupiers can claim 40-45% of construction costs against their personal income for 10 years!!! And investors purchasing at Ivy Grove can write off approximately 85% of the construction costs against income tax liability arising from Irish rental income. So in my opinion, whether you are a FTB (First Time Buyer) or an investor these Sligo properties are quite attractive.

Although don”t go running for the cheque book as the Rural Renewal Tax Relief Scheme has almost come to a close only the first 10 houses at Ivy Grove will qualify for the Scheme. But don”t let that put you off as these houses come with a long string of features, such as;

  • Thermal and acoustic insulation
  • Independently zoned heating
  • Solar panels to heat domestic hot water
  • ProAir Whole House Ventilation Systems
  • Wired for Smart Home Technology
  • Central Vac System

If you are thinking of buying property in the north west of the country, Ivy Grove Collooney is definitely worth a look.

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