Apartments for sale in Model Farm Road, Cork City

New to the market is this large four bedroom ground floor apartment. The property consists of 4 en-suite bedrooms, a kitchen and a spacious lounge. The Eden Hall complex is located on the Model Farm Road (formally the Tennis Village site) close to the Cork Institute of Technology - CIT. There is 99% tax relief of the purchase price available to the owner of this apartment under section 50 tax relief. This investment property is ideal and most suited to property owners with a need to off set tax liabilities on other Irish rental income. Also within the Eden Hall complex is a convenience store, a Chinese take away restaurant, McCarthy’s Bar and Bistro, Aqua Spa, tennis courts facilities and ample communal parking spaces for tenants. SECTION 50 properties are Student Accommodation properties where the relief you get is a write off of qualifying expenditure generally between 80% to 99% of the purchase price. Similar condition to what you may know as Section 23. Section 50 properties also are allowed to be let out during the summer months as holiday homes.

Modern bright 2 bed fully furnished apartment in this much sought after location on the Model Farm Road.