Tax breaks in scheme on outskirts of Manorhamilton

CO LEITRIM FROM €205,000:THREE AND four-bedroom homes in Co Leitrim come to the market the weekend with tax incentives.

Gleann Dara is in Screeney on the Manorhamilton-Rossinver Road on the outskirts of Manorhamilton. The site has a number of mature trees and great views over Manorhamilton. The scheme will comprise 50 units when complete. The first 25 are now built and are being sold through DM Auctions, who will be opening a show unit on site this weekend. A number of units sold quietly before the launch.

Fermanagh-based developer Michael Timoney, who was responsible for Screeney Manor (also in the town), is developing Gleann Dara. He will have special offers this weekend to suit individual needs.

The scheme qualifies for rural renewal tax relief meaning buyers can avail of tax breaks on 100 per cent of the purchase price. Owner-occupiers can claim relief on all income, including PAYE, while investors can set all Irish rental income against tax for 10 years.

Prices are pitched at young buyers and start at €205,000 for three-bedroom houses and go up to €285,000 for four-bedroom homes. There are six different house types on offer at the scheme and house sizes are decent.

Manorhamilton is a growing centre with a population of around 2,000. It has a hospital, Health Service Executive headquarters and lots of shops and schools. Sligo is 20 miles away, Enniskillen 30 miles and Bundoran 25 miles.

Gleann Dara, Screeney, outskirts Manorhamilton, Co Leitrim

First 25 three-bedroom and four-bed homes in an estate that will comprise 50 houses in total.  Prices start at €205,000 for three-bedroom houses and go up to €285,000 for four-bedroom homes. There are six house types. Agent: DM Auctions