Contemporary apartments in the city

Dublin 8: from €345,000: Twenty Section 23 apartments at Cork Street in Dublin 8 are being launched this week through Hooke & MacDonald. Prices for the two-bedroom apartments of 57-78 sq m (620-930 sq ft) are from €345,000.

McGovern's Corner, which is designed by Horan Keoghan Ryan and being developed by Lalco, is a distinctly modern scheme of two blocks; one six-storey block fronts onto Marrowbone Lane and the other four-storey block has frontage onto Cork Street. There are 46 apartments and three courtyard townhouses in the scheme which is located on a corner site above ground floor commercial units.

Building work is well-advanced at McGovern's Corner - 25 apartments sold in the first phase released last November - and all the apartments have good-sized balconies and some have views over a landscaped courtyard. Three lifts service all floors from the underground car-park while there are four main entry points at ground floor level. The development is within walking distance of Christchurch and St Stephen's Green. Luas is also closeby.

Section 23 tax relief at McGovern's Corner allows investors tax-free income on all rental properties owned by the investor in the State, and owner-occupiers can obtain tax relief against all income at a rate of 5 per cent per annum over a 10-year period.