Investment Proposal: an exclusive development of 10 holiday homes
Glanerought, located overlooking the picturesque, heritage town of Kenmare, with its many restaurants, bars, cafes, shops and amenities is a fantastic holiday destination, an ideal base for exploring the unspoilt landscape of both the Beara Peninsula and the Ring of Kerry.
- Total Floor Area: 96.42 sq. m / 1035 sq. ft
- Tax Incentives
- Capital Allowances
- VAT Recoverable
located at Glanerought in Kenmare, Co. Kerry. As a result of having negotiated a deal for all 10 cottages, Grattan Asset Management is able to offer each cottage at a very attractive price.
the holiday cottages to a management company engaged in the holiday cottage business. The holiday cottage must remain registered for 10 years to avoid a claw back of the industrial building allowances.
the cottages by the developer at rates of 13.5% for the buildings and 21% for the fittings. On acquisition of the holiday cottage and fittings, the investor will be entitled to recover the VAT charged to him.
