Tax breaks in the city

Dublin 1: from €425,000 Section 23 tax breaks are available at Montgomery Court, an apartment scheme at Foley Street in Dublin…

Dublin 1: from €425,000Section 23 tax breaks are available at Montgomery Court, an apartment scheme at Foley Street in Dublin 1. Gunne New Homes is the agent.

Prices are from €425,000 for one-beds of 48sq m (517sq ft). Two-beds of 64-89sq m (689-958sq ft) start at €495,000. A 79sq m (850sq ft) penthouse for €750,000 has a 112sq m (1,200sq ft) terrace with great city views.

Section 23 relief on all rental income in the Irish Republic is offered on 81 per cent of the purchase price.

Montgomery Court is opposite the earlier Steelworks scheme and has dual aspect onto Foley and Amiens streets. Developer Halcyon Homes is including a good standard furniture and fit-out package.

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Most two-beds have en suite showers off the largest room and kitchen appliances come as standard. A lift services all floors. All but three units have a sit-out balcony.

Expected rental income in this city centre location is €1,100 for one-beds and €1,200 to €1,400 for two-beds, according to the agent. Construction work is completed and buyers can expect to move in as soon as paperwork is done.